2 Securities Reconciliation Jobs

Direct Responsibilities Collateral Management: Daily Collateral scope Checking the exposure of the portfolio with corresponding counterparties and perform booking the trades and doing the reconciliation based on the receivables and payables with the counterparty. Cash reconciliation Perform daily cash reconciliation between bank statements received from custodians and various Counterparties versus our position keeping tool and perform the daily collateral(Bilateral and Cleared) OTC scope within the stipulated time. Liaise with Counterparties, portfolio managers, service providers and various teams within Ops to maintain the accuracy as per the specification in our position keeping tool. Update internal reports and monitor outstanding breaks in cooperation with Counterparties, custodians, accountants, clearers and teams within investment Ops. Securities reconciliation Perform daily position reconciliation between bank statements received from Counterparties, custodians and various clearing agents versus our position keeping tool. Check all cash and positions linked to OTC instruments Basic Requirement Thorough understanding of all Capital market, Financial Instruments, Investment baking processes and above average accounting skills An understanding of a variety of OTC Instrument types including Swaps, futures and Forwards Ability to work independently, as well as in a team environment, prioritizes multiple tasks and meets strict deadlines Technical Requirement Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills Trouble shooting skills set to have smooth BAU. Proficient in Microsoft Office Applications and strong MS Excel skills required Good verbal and written communication Contributing Responsibilities Process accurate on collateral activities on a Global basis within given deadlines. Interact with both internal and external parties to resolve disputes and breaks with counterparties and clearing agents Query resolution in accordance with time frames set out in Client SLAs Constantly review procedures to keep up to date with the change in process. Manage all ad-hoc projects and new initiatives. Performing a range of daily, weekly, monthly reportings/ controls to ensure completeness of processing. Work with the counterparties to capture Collateral balance and exposures Resolve cash break and security break issues in a timely basis. Based on the experience, should able to identify the areas for improvements in the process and implement stringent controls and ensure operational excellence. Role & responsibilities Preferred candidate profile

Position Purpose Associate joining the team should be valuable in facilitating Corporate Action event information from Custodian to Investment Manager/Client and facilitate client elections. Also, we do record keeping activities to mitigate the risk that impacts fund valuation on back of a corporate action event. Responsibilities Direct Responsibilities Cross-checking information received with other data sources. Reverting to local sub-custodians to clarify/solve any open issue. Analyzing the corporate event to anticipate any reporting or processing issues. Setting-up of financial information into the accounting system Collecting and relay any update related to the corporate event on an on-going basis. Processing the securities reconciliation with sub-custodians client positions at the different steps of the event. Checking eligible positions of accounts within the custodian Checking that all eligible positions have been instructed at response deadline (for voluntary events) Consolidating client instructions (for voluntary events) Advising local market by sending instructions of participation to sub-custodian (for voluntary events only) Checking that instructions of participation have been duly acknowledged by custodian. Tracking of the payment date of the event in order to advise clients accordingly. Processing payment of the event on clients account upon recovery of cash and/or securities from the local sub-custodian Processing foreign exchange orders according to clients set up. Processing any manual adjustment related to cash or securities in order to finalize the recovery process. Justifying any cash or securities breaks to Control Teams is happening on periodic basis. Contributing Responsibilities Consistently evaluate and update documented procedures to ensure they are complete, accurate and current. Participate in Brainstorming Sessions and share the best practices and ideas with the peer groups and team members. Technical Behavioral Competencies - Accounting knowledge and knowledge on Swift messages is an added advantage. - Zeal to learn new thing - Working knowledge of MS Word, Excel will be useful. - Must be prepared to work in flexible timings. - Good communication skills Specific Qualifications Client Focus Complete commitment to provide professional, intelligent and timely responses to our clients needs and to changes in the market. Communication Oral: Expressing ideas effectively in individual and group situations. Adjusting communication style to match the needs of the audience. Written: Expressing ideas clearly in all written documents. Using professional, appropriate language always, and adhering to the use of the BNPP Email Protocols. Teamwork Work effectively with team members to accomplish goals, Respect the needs of others and displays integrity in dealing with team members. Continuous Improvement and adaptation Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner. Always looks for ways to improve services and processes. Skills Referential Behavioural Skills : (Please select up to 4 skills) Client focused Adaptability Ability to collaborate / Teamwork Communication skills - oral written Transversal Skills: (Please select up to 5 skills) Analytical Ability Ability to understand, explain and support change Education Level: Bachelor Degree or equivalent Experience Level Beginner Other/Specific Qualifications (if required)