About BNP Paribas Group:

BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.

About BNP Paribas Solutions - Philippines Branch

Established in 2024, BNP Paribas Solutions Philippines Branch is a branch of BNP Paribas Group, a leading bank in Europe with an international reach. We provide support services. back-office operations services related to or which further the accomplishment of the corporation’s investment services, banking transaction processing, and equity investment.

Position Purpose

·         Primary responsibilities of the team includes:

·         Monitoring Corporate Actions in all reliefs and identification of eligible global positions
Follow-up of events’ announcements, forecast and deadlines leading to an efficient management regarding scrubbing, notifications and bookings in our general books and recording systems

·         Managing the election process for voluntary events by interacting with other internal support functions, compiling aggregated instruction to be sent to agents/custodians and ensure good receipt.

·         Strict follow-up of the expected proceeds/results at payment date, and follow-up controls in regards to theoretical bookings and forecast assumptions that may leave with breaks on internal or external reconciliations.

Direct Responsibilities

·         Scrubbing and set up of Corporate Actions in operating systems (e.g. Picasso)

·         Monitoring of Corporate Actions in all reliefs and identification of eligible global positions (Settled/Pending trades, SLAB)

·         Permanent follow-up of events’ announcements, forecast and deadlines leading to an efficient management regarding scrubbing, notifications and bookings in our general books and recording systems (e.g. Calypso, Power, Picasso tools)

·         Manage the election process for voluntary events in close relations with other teams of the GM CAIT department, compile aggregated instruction to be sent to agents/custodians and ensure good receipt.

·         Strict follow-up of the expected proceeds/results at payment date, and follow-up controls in regards to theoretical bookings and forecast assumptions that may leave with breaks on internal or external reconciliation

Contributing Responsibilities

·         By becoming more risk aware and by following the procedures or Compliance rules that are in place to mitigate operational or reputational risk

·         Monitors and take appropriate actions in case of market risks (buy ins)

·         By seeking to improve STP rates at our custodians so reducing cost, by updating static data as and when necessary

·         By reducing the number of manual instructions sent to agents therefore reducing cost, manual intervention and settlement risk according to Compliance rules

·         If necessary, using the escalation process when operational risk is detected

·         Contribute to the overall successful running of the settlement department:

·         By maintaining close relationships with traders and sales and escalating problems to them promptly where required

·         By maintaining good working relationships with domestic agents and custodians

·         By communicating with, and assisting, other operational departments where needed

·         Ensuring direct Managers are kept informed of any potential problems & issues where appropriate.

 Technical & Behavioral Competencies

·         Capacity to analyze, organize and report efficiently. 

·         Flexibility on working methods and changing international environment.

·         Rigorous and reactive in order to face pressure and reach excellence anytime

·         Diligently follow the set procedures and Compliance policies

·         Knowledge of financial markets and products, and easiness/expertise in dealing with Excel.

 Competencies:

·         Multi-cultural

·         Analytical

·         Risk aware

·         Client oriented

·         Rigorous attention to detail

·         Result oriented

·         Good communication skills

·         Team spirit

·         Must be fluent in English