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 specialised 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

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.

About Business line/Function:

Global Custody team in BNP Paribas Securities Services are segregated into Corporate Actions, Income and Tax for operational efficiency and accuracy. Global Custody Tax team handles the client documentations for offering tax benefits to the client. An Associate in Global Tax department performs all the task of processing the daily BAU as per the Standing operating procedure.

Job Title:

Assistant Vice President

Date:

Department:

BSO

Location:

Chennai

Business Line / Function:

BSO 

Reports to:

(Direct)

Grade: 

(if applicable)

NA

(Functional)

Vice President / Business Head

Number of Direct Reports:

NA

Directorship / Registration:

Position Purpose

§  This is a senior profile position, which will involve working closely with the Head of BSO operations.

§  He / She will be expected to run the operational areas on a day to day basis for team of 70 to 80 FTE

§  The Candidate will be expected to work closely with BSO Business Unit Head and Managers within BSO as well across Securities Services locations to support ops transformation and business growth

§  The role requires very strong Organisational and People Management skills

§  Solid technical understanding of Custody and Settlement functions is expected.

§  Previous experience of running a large Operational area on an International basis is essential.

§  Demonstrated commitment to continuous process improvement is required.

§  The Candidate will report to the Head of BSO and Senior Manager/Managers would be reporting into this position.

§  The position interfaces with other Senior Managers, Business Analysts, Business Managers, Mid Office Staff, Relationship Managers, Clients and other Securities Services Offices in Europe and Asia.

§  The position interfaces with International Team Members of BNP Group and its Clients or Vendors

Responsibilities

Direct Responsibilities

§  Develop strong working relationships with a network of counterparts in other Securities Services Locations and senior Management.

§  Ensure high level of communication network is established will all the departments within the business group.

§  Ensure that, client issues/concerns are addressed and resolved within the agreed timelines.

§  Ensure high level of service has been delivered to the Clients of BNP Paribas Group.

§  Ensure all the deliverables of the process are met and maintained as per the service agreement.

§  Defining the Key Performance Indicators for the process and achieving the same on a regular basis.

§  Ensuring the delivery of quality services to clients with consistent green KPIs

§  Manage and reduce operational risk and error costs.

§  Continue to develop a strong layer of Middle management and succession planning.

§  To work closely with the Business head in the budgeting exercise.

§  Ensure to hire quality resources also keeping in mind the gender ratio and keep attrition levels at low.

§  Prioritise the work and conduct investigation with due diligence on all the discrepancies.

§  Manage staff to take corrective measures/actions.

§  Delegating the tasks to the Senior Managers and other team members.

§  Ensure all the necessary training is been provided to the team members to perform the relevant tasks.  

§  Ensure that, the Back-up management tool is in place for all the team members.

Technical & Behavioral Competencies

§  Prior work experience of at least 10 years+ in Custody Domain

§  End to End exposure in Corporate Actions, Cash and Settlement process.

§  Business Migration Expertise 

§  Must have handled Business Continuity Exercises

§  Reources Hiring and Training Skill

§  Internal and External Audit Management

§  Re-engneering of Legacy Processes

Specific Qualifications (if required)

NA

Skills Referential                                                             

Behavioural Skills: (Please select up to 4 skills)

Personal Impact / Ability to influence

Decision Making

Organizational skills

Client focused

Transversal Skills: (Please select up to 5 skills)

Ability to manage a project

Ability to develop and leverage networks

Ability to anticipate business / strategic evolution

Ability to manage / facilitate a meeting, seminar, committee, training…

Choose an item.

Education Level: 

 Master Degree or equivalent

Experience Level

At least 10 years

Other/Specific Qualifications (if required)