Associate Assistant Manager

Job description

Department **Asset Management Transaction Processing (Trade Support, Collateral & Derivatives Support, Securities Financing Operations)** About the Business Line / Function BNPParibas Asset Management (BNPPAM) is part of the BNPParibas Group and is responsible for managing and monitoring assets on behalf of individual and corporate clients. BNPPAM offers a range of funds and mandates that are managed by Portfolio Managers located worldwide. The Transaction Processing teams (Trade Support, Collateral & Derivatives Support, Securities Financing Operations) act as the global service provider that ensures every transaction is accurately reflected in the positionkeeping tools, complies with regulatory requirements and meets the expectations of service providers and clients. Position Purpose The Operations Analyst is responsible for endtoend middleoffice and administration activities across **SecuritiesFinancing Lending & Repo**, **Collateral & Derivatives**, and **Trade Support**. The role ensures accurate capture, booking, reconciliation and reporting of all traderelated activities, while maintaining a riskcontrolled, deadlinedriven environment and delivering highquality service to frontoffice, risk, finance and external counterparties. Direct Responsibilities AreaCore Tasks (combined)**SecuritiesFinancing Operations**• Manage corporate entitlement events (voluntary & mandatory) capture, reconciliation at custody level and closure. • Administer feebilling entitlement statement distribution, reconciliation, collection and payment. • Perform tradeadministration duties (trade instructions, SSIs, callbacks, trade investigations, break resolution) using internal & external systems. • Produce KPI reports (internal & external) and maintain audit trails.**Collateral & Derivatives Support**• Capture and process daily collateral movements (cash, securities, guarantees). • Execute margin calls, collateral sweeps and substitutions per CSA/ISDA/GMRA agreements. • Reconcile collateral balances across Aladdin, custodians and CCPs; resolve mismatches. • Generate daily/weekly collateral status reports for frontoffice, risk and finance. • Oversee outsourced collateralmanagement providers provide required data, monitor KPIs and controls. • Ensure compliance with EMIR and other marginregulation frameworks; maintain audit documentation.**Trade Support**• Ensure accurate capture, booking and transmission of OTC, Listed and UCITS trades to outsourced service providers. • Oversee electronic OTC confirmations and lifecycle tasks; manage breaks and exception handling. • Followup on outstanding trades in line with EMIR deadlines; coordinate with BP2S / clearing houses. • Amend/ correct trades, process CFD payments and NDF fixings. • Manage claims from counterparties, challenge investigations and drive resolution. • Produce KPI dashboards and support tradesupport projects / adhoc tasks.**Crossfunctional**• Communicate and escalate issues with trading desks, counterparties, thirdparty vendors and internal stakeholders. • Recordkeep and maintain internal/external reports, daily reconciliations and audit evidence. • Report incidents to line management per local incident policy and take actions to mitigate risks. • Contribute to SOPs, control matrices and continuousimprovement initiatives. • Provide timely responses to client queries on eligibility, settlement status and documentation. Technical & Behavioral Competencies Technical SkillsBehavioral Skills• High attention to detail precise data entry & verification. • Strong numerical aptitude; detailed reconciliations & variance analysis. • Understanding of collateral types (cash, government bonds, OTC instruments, repos, letters of credit). • Proficiency with collateralmanagement platforms & tradelifecycle systems (BlackRock **Aladdin**, **TriOptima**, BP2S, clearing systems). • Familiarity with corporateaction events (voluntary & mandatory) and feebilling processes. • Knowledge of tradelifecycle, securitiesfinancing, repo, derivatives and marginregulation (EMIR, Uncleared Margin Rules). • Good command of MSExcel, PowerPoint, Word, Outlook.• Effective communication with people & clients. • Innovation & initiative – propose process improvements. • Flexibility & adaptability – work across shifts and handle highvolume, deadlinedriven workload. • Integrity, trust and fairness. • Active listening, teamwork and knowledgesharing. • Strong timemanagement and ability to prioritize conflicting requests. Specific Qualifications - Graduation / Postgraduation from a recognised university (Finance major preferred). - Proven experience in **trade confirmation & settlement** within securities financing, collateral management or trade support (fixedincome & equity exposure). - Handson experience with **corporate actions**, **collateral management** and **margincall processing**. - Willingness and flexibility to work in any shift pattern. Skills Referential (Required Knowledge, Skills & Abilities) - **Technical Knowledge** – collateral types, corporateaction events, tradesupport processes, regulatory frameworks (EMIR, UMR). - **Financial Markets** – stocks, bonds, derivatives, currencies; understanding of investmentbanking trade lifecycle. - **Analytical Ability** – detailed reconciliations, variance analysis, exception handling. - **Regulatory Awareness** – marginregulation, reporting standards, audit requirements. - **Tools** – Aladdin, TriOptima, BP2S, standard Microsoft Office suite. Education Level Graduation / Postgraduation (recognised university). Location Chennai, India (BNPParibas India Solutions – 247 delivery centre). About BNPParibas Group BNPParibas is the European Union’s leading bank and a key internationalbanking player, operating in 65countries with ~185000 employees. The Group serves clients through three pillars: **Commercial & Personal Banking**, **Investment & Protection Ser