Job Title: Assistant manager

Department: WM - Operations

About Business Line/Function

The Wealth Management (WM) - Operations team is responsible for processing Corporate Actions income and events for Singapore (SG) and Hong Kong (HK) booking centers. This role ensures accurate and timely reconciliation, payment processing, and communication with custodians, front office teams, and clients.

Position Purpose

Processing income and corporate events for WM Operations.

Ensuring timely reconciliation of custodian payment advices for coupons, redemptions, dividends, and mandatory events.

Liaising with custodians, front office teams, and clients to resolve queries and ensure smooth operations.

Handling cash and security breaks to account for all payments made by custodians.

This role requires attention to detail, strong communication skills, and a collaborative mindset to support the team in maintaining operational excellence.

Responsibilities

Direct Responsibilities

·         Perform timely and accurate data entry for processing all incomes and corporate events.

·         Reconcile custodian payment advices for coupons, redemptions, dividends, and mandatory events, and process payments to clients.

·         Check custodian pre-notifications for coupons, redemptions, and mandatory events, and prepare pre-advices/notifications for Front Office (FO) and clients.

·         Liaise with custodians and front office teams to resolve income and mandatory event queries.

·         Prepare outgoing SWIFT/BP2S cash instructions before the cutoff time.

·         Handle cash and security breaks to account for all payments made by custodians.

·         Pass/Control entries for commission fees collected or update the waiver file if fees are waived.

·         Handle queries from RMs/MAs/Custodians on the incomes/events.

Technical & Behavioral Competencies

·         Participate in User Acceptance Testing (UAT) for system enhancements.

·         Contribute to workflow improvement processes to enhance operational efficiency.

·         Support ad hoc projects as required by the team or management.

Specific Qualifications:

• Minimum 5-9 years of experience along with Bachelor's Degree - in management, finance, economics, related field or equivalent experience.

• Prior experience in similar domain.

Technical Skills

·         Knowledge of equity, bond, and derivatives.

·         Proficiency in settlements and reconciliation processes.

·         Familiarity with SWIFT instructions.

Behavioral Skills

·         Meticulous attention to detail.

·         Strong interpersonal and communication skills.

·         Good team player with a collaborative mindset.

Education Level: Bachelor’s degree or equivalent

Location: Mumbai

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.