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.

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, corporate 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

Commitment to Diversity and Inclusion

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, color, 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.

About Business line/Function:

Static Data is part of MFS Sec lending function:

• Temporarily transfers of title of the security (Loan) and associated rights and privileges.
• Lender has the Right to recall the security.
• Lender receives collateral from the borrower, valued higher than the value of the lent securities. 
• The margin levels are “marked-to-market,” to ensure that the loan is sufficiently collateralized on all times.
• Pre-negotiated fee is charged by the Lender on the borrower for each loan till the loans are closed.

Job Title:

Senior Associate

Date:

29-April-2025

Department:

Global Static Data

Location:

2s ISPL, Chennai

Business Line / Function:

Market and Financing Services

Reports to:

(Direct)

Team manager - Global Static Data

Grade: 

(if applicable)

(Functional)

Number of Direct Reports:

Directorship / Registration:

Position Purpose

Provide a brief description of the overall purpose of the position, why this position exists and how it will contribute in achieving the team’s goal.

Associate / Senior Associate will be responsible for performing daily tasks related to Global Static data team carried out in the MFS department. He/ She will be working closely with various internal teams and onboarding teams as part of their daily tasks and will report to the Team Leader and local management in Chennai. The staff will be working closely with all internal teams, Paris and local management as part of their daily BAU. Good functional understanding of the securities lending business along with basic knowledge of reference data management.

Responsibilities

Direct Responsibilities

¡ To perform static data setup across security lending systems across MFS

¡ To perform any new client account opening, broker-relationship set-ups, ISIN creation, Collateral &Tax matrix setups and settlement instructions into various internal applications as requested by various departments such as Business Support Team, Relationship Manager or Front Office

¡ Rigorously follow the issues from the internal teams and onboarding by effective communication and proactive follow-ups

¡ Prioritize the work and conduct investigation with due diligence on all the discrepancies/breaks and respond to all queries with in the timeframe agreed as per SLA and procedures. 

¡ Perform control tasks required for the process, double check and confirm the completion of tasks within the deadline in line with daily checklists

¡ Procedures and checklists must be updated/ prepared with immediate effect to be in-line with delivery standards and SLA 

¡ Anticipate issues that may adversely affect Operations and propose possible solutions.

¡ Follow appropriate escalation procedures

¡ Strictly adhere to established departmental processing procedures and controls

¡ Anticipate issues that may adversely affect Operations and propose possible solutions.

¡ Constantly improve business knowledge through training and multi-skilling and ensure yourself is cross-trained across various functions in the team.

Technical & Behavioral Competencies

¡ Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines.

¡ Ability to work in a team environment in coordination with the colleagues and the mangers.

¡ Proficient in Microsoft Office Applications and strong MS Excel skills required.

¡ Work Experience in Intellimatch will be preferable

Specific Qualifications (if required)

Skills Referential                                                             

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Creativity & Innovation / Problem solving

Communication skills - oral & written

Client focused

Transversal Skills: (Please select up to 5 skills)

Ability to develop others & improve their skills

Ability to develop and leverage networks

Ability to develop and adapt a process 

Choose an item.

Choose an item.

Education Level: 

 Bachelor Degree or equivalent

Experience Level

At least 3 years

Other/Specific Qualifications (if required)