BNP Paribas is a leader in the Eurozone, and a prominent international banking institution with strong roots in Europe's banking history. It has a presence in 71 countries, with 200 000 Employees ? including more than 150 000 in Europe and 6 000 in Portugal alone.

BNP Paribas is present in Portugal since 1985, having been one of the first foreign banks to operate in the country. Today, the Group has several entities operating directly in this territory, offering a wide range of integrated financial solutions to support its clients and their businesses.

Thanks to its international presence and regular and close collaboration among its businesses, BNP Paribas has the resources to support all clients - individuals, entrepreneurs, SMEs, large corporates, institutional investors and community organisations - with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions: Domestic Markets and International Financial Services for retail banking and specialised financial services, and Corporate & Institutional Banking for corporate and institutional clients.

The ?SSC Reconciliations? team is fully part of the ?CIB Portugal Solutions, Transversal services? which main clients are Global Markets Front office, BP2S lines, GMO Operations.

?SSC Reconciliations? team is in charge of ensuring the integrity and the exhaustiveness of the cash and securities positions with regards to custodian records.

ROLE AND RESPONSABILITIES

• Within the ?SSC Reconciliations? team, your major areas of responsibilities will cover:
  

  • Daily controls and monitoring of the reconciliation between BO and Custodians databases
    

  • Allocate all Nostri breaks to dedicated teams and provide escalation for risky breaks

    
    

  • Expertise in the reconciliations, propose systems enhancements
    

• Perform the daily reconciliation of Nostro and Securities accounts

  
  

• Investigate and allocate the breaks in Intellimatch to the respective Departments

  
  

• Ensure that the breaks are reported to the respective Departments

  
  

• Perform the manual matching agreed/requested by internal client, ensuring that the write-off tolerance is respected

  
  

• Understand and get trained in all the tasks/activities related to the process

  
  

• Interact with CSDs, Sub-Custodians and Cash Correspondent Banks in order to get additional information for unidentified entries

  
  

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

  
  

• Escalate unresolved open items to the Team Leader

  
  

• Understand the risks inherent to the daily activity and the existing Control Framework to mitigate the risks identified

  
  

• Taking corrective measures/actions along with the Team Leader

  
  

• Seek for a constant automatization of the processes, in order to ensure that the auto-matching rate for all sites is maintained at a consistent level

  
  

• Identifying exceptions and out of balance situations and liaise with internal departments to reach resolution in a timely manner;

  
  

• Maintain Communication Channels with internal business teams

  
  

• Ensure the Knowledge transfer between the team on a periodic basis

  
  

• Participate on Brain Storming /Cross Knowledge sessions and share the best practices and ideas with the team members

  
  

• Consistently evaluate and update documented procedures to ensure they are complete and accurate

  
  

PROFILE

• Proficient in English, French preferable

  
  

• Bachelor degree in relevant area

  
  

• Professional experience in banking operations preferable

  
  

Please note that only applications submitted in English will be considered.

In case you are selected for this role, further documentation will be requested to support your hiring process.

BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.