Associate- Fee Shared Service

BNP Paribas

Bangalore, Karnataka
Permanent
Full-time

1 month ago

About BNP Paribas Group: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 solutionsAbout BNP Paribas India Solutions: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 stabilityCommitment to Diversity and InclusionAt 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:Global Market Operations (GMO) covers Front Office activities such as ALM/Treasury and Fixed Income local booking. GMO consists of various streams, Control and Investigations, Settlement, Collateral and Reconciliation. GMO teams are also in regular contact with Capital Market Middle Office, Regional Back Office’s and Regional Finance.Job Title:AssociateDate:Department:FEE shared ServiceLocation:BengaluruBusiness Line / Function:FEE shared ServiceReports to:(Direct)AM/ManagerGrade:(if applicable)na(Functional)Number of Direct Reports:naDirectorship / Registration:NAPosition PurposeThe role at Fees Payables is in charge of the team that handles the computation, control, reconciliation and payment of the invoices related to various types of expenses, providing direction, instructions and guidance to all team members.Undertake a variety of financial and non-financial tasks in order to help guarantee the company’s revenues;Responsibilities

Complete task assigned , Process/reconcile received invoices content, recording and maintenance of invoice data into internal system.
Compare invoice data with current contracting conditions - calculation of fees/commissions, validation of the amounts and, in case of discrepancies, perform an investigation to identify the root cause and find a proper resolution.
Monitor and follow-up discrepancies with the different service providers.
Take or request actions by liaising with relevant departments to solve pending issues (Front Office, Middle Office, Finance, Procurement, Accounting Controls, and others).
Manage the relations with the external stakeholders, like brokers, depositaries, and custodians.
Issuance of payments and ensure that invoices are paid in a timely manner.
Control of financial/accounting breaks.
Reporting to Front Office and Middle Office.
contribution to improve efficiency, level of service, and operational processes).

Risk control:

Being aware of control/checklist and all policy of the organization.
Ensure that all tasks are processed accurately and on a timely manner
Identify risk, Escalate issues timely.

Contributing Responsibilities

Participate in client visits on a case to case basis and conference calls.
client focus
Help manager to Ensure that procedures /BIA /BCP planes are updated and validated on a timely manner.

QualificationsTechnical & Behavioral Competencies

Behavioral Skills - Ability to collaborate/Teamwork.
Behavioral Skills - Ability to deliver/Results driven.
Behavioral Skills- Client focused.
Transversal Skills- Analytical Ability
Technical - Business SkillsOperations and Processes – Process/product knowledge

Strong Communication
Proven working experience as Accounts Payable / Accounts Receivable domain.
Strong knowledge of Trade Life Cycle.
Experience in Brokerage, settlement functions Middle Office/back-office Operation functions within Investment Banking is favorable.
Flexibility to accommodate business requirements and working hours.
Good Excel skills required.

Specific Qualifications (if required)

Bachelor’s degree from a college or university
Knowledge of all Microsoft Office applications (Excel, Word, PowerPoint, Access)

Skills ReferentialBehavioural Skills: (Please select up to 4 skills)Attention to detail / rigorOrganizational skillsPersonal Impact / Ability to influenceCritical thinkingTransversal Skills: (Please select up to 5 skills)Ability to understand, explain and support changeAnalytical AbilityAbility to develop and leverage networksAbility to understand, explain and support changeChoose an item.Education Level:Bachelor Degree or equivalentExperience Level0-2 yearsOther/Specific Qualifications (if required)Qualifications - ExternalSpecific Qualifications (if required)

BNP Paribas

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