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

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:

Principal Lending is past of MFS Seclending 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.

Corporate action events are initiated majorly for the below reasons. 

Ø Return profit to shareholders. 

Ø Corporate restructuring in order to accelerate the profitability of the company. 

Ø Improve the liquidity of the stock by influencing the increase or decrease in price (stock splits and reverse stock splits) 

Job Title:

Manager

Date:

30/07/2025

Department:

SFTR

Location:

Chennai CP2

Business Line / Function:

Market and Financing

Services

Reports to:

(Direct)

Assistant Vice President

Grade: 

(if applicable)

Manager

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

Manager for performing Securities lending operations of reporting services - SFTR. Manager will also be responsible for people management, formalizing the work allocations of the team members, discussing with the manager on the mid-year and year-end performance-based ratings of the team members assigned to him/her as part of the performance appraisal. To ensure the completion checks of daily tasks, reporting and investigation and will report directly to AVP of SFTR team. Working closely with all internal teams, Paris, London and local management as part of their daily BAU. 

Candidate with good functional understanding of the securities lending business is key along with basic knowledge of Settlement, Corporate Action, Collateral management, billing function related to securities lending business.

Responsibilities

Direct Responsibilities

¡ Identifying exceptions and out of balance situations, and liaised with internal departments as required, to reach resolution in a timely manner.

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

¡ Ensure all the trades reported to regulator before the deadline.

¡ Send daily/Weekly/Monthly/Quarterly KPI reports without fail 

¡ Perform breaks reconciliation in IHSMarkit and DTCC.

¡ 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.

Contributing Responsibilities

¡ Have an in-depth knowledge of markets and products, respect & adhere the applicable procedures for each market.

¡ Knowledge of Global markets requirements is a must.

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

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

¡ Ensure all the documentation is in place w.r.t Risk mitigation and Control.

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

¡ Prioritize the work and conduct investigation with due diligence on all the discrepancies.

¡ Manage staff to take corrective measures/actions.

¡ Ensure procedures are in place to effectively deal with exceptions and that they are reviewed, researched, documented and resolved in a timely manner.

¡ Delegating the tasks to the assistant managers and other team members.

¡ Ensure all the necessary training has been provided to the team members to perform the relevant tasks.

¡ Ensure that, the Back-up management tool is in place for all teams.

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

¡ Participate in Cross Training and ensure the Knowledge transfer between the team and processes is happening on periodic basis.

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

¡ Consistently evaluate and update documented procedures to ensure they are complete, accurate and current.

¡ Preparation of Key/Standard Operating Procedures for each process migrated to Chennai Hub.

¡ Ensure all the KOP/SOP are got approved and signed between the locations and been uploaded to BNP intranet site.

¡ Collating the data from all the applications and providing valuable inputs to Senior Management.

¡ Consistently evaluate and update documented procedures to ensure they are complete, accurate and current and should acts as an owner of all the process documents of the Hub.

¡ Carry out regular staff appraisals and evaluations.

Technical & Behavioral Competencies

¡ Strong verbal and written English Communication Skills

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

¡ Proficient in Microsoft Office Applications and strong PowerPoint, MS-Word, MS-Visio & Excel skills required

¡ Strong awareness of Risk & Control.

¡ Must be able manage team activities and when required also be involved in project work for the migration of new funds and clients.

¡ Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.

¡ Determines and addresses the root cause of problems in a timely and effective manner.

¡ Analyses information and defines succinct, unbiased solutions that are easily understood by all stakeholders and facilitate rapid decision-making.

¡ Navigates unfamiliar situations or problems by identifying patterns or connections and applying problem-solving techniques.

¡ Consistently takes the lead within the department to execute positive solutions and achieve high standards of excellence.

¡ Influences team members to achieve results valued by clients and customers.

¡ Leads and influences others to translate vision and strategy into action.

¡ Builds strong networks and alliances internally and externally to facilitate smooth, rapid implementation of sustainable change.

¡ Holds self and others accountable for successful delivery of results and desired outcomes.

¡ Always look for ways to improve services and processes

¡ Be able to adapt to different markets and different client’s evolution

¡ Acts with integrity in all interactions with colleagues, team members and clients.

¡ Promises only what can be delivered, managing expectations and honours commitments, and has committed to ethical practices in all interactions and relationships.

¡ Treats others fairly, showing respect and courtesy.

¡ Builds trust by responding openly, genuinely and consistently to others.

Specific Qualifications (if required)

NA

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: 

 Master Degree or equivalent

Experience Level

At least 10 years

Other/Specific Qualifications (if required)