US CUSTODY SETTLEMENTS AND CASH MARKET SPECIALIST (12 MONTHS FIXED TERM CONTRACT, SCHEDULE 13H - 22H) (JOB NUMBER: 2112SSAS9176)

About the job

• Being active part of a team working towards a common goal, following procedures and work organisation.

  
  

• Dealing with several departments and interact with different BP2S activities, allowing the opportunity to expand the knowledge of all team members.

  
  

Your Main Activities Are

Controls and procedures

• Status (before, on, and post contractual settle date), troubleshoot and settle transactions with service partners, external clients, agents/depository, and/or counterparties towards trade fail mitigation

  
  

• Daily monitoring and deadline driven processing of incoming and outgoing transactional instructions from/to client and to/from agent/depository

  
  

• Adherence to client Service Level Agreements/Descriptions (SLA/SLD)

  
  

• Inquiry management, with attention to established timelines

  
  

• Strict observance of Daily checklist, procedural and internal/regulatory/compliance/operation risk controls

  
  

• Status and resolve cash and/or stock breaks between custody and client or agent/depository and custody along with any additional risk data as assigned by team lead/manager

  
  

• Elevate potential risk ? client, counterparty, reputational, financial, regulatory, etc. to team leads/manager with immediacy

  
  

• Review OFAC/Sanction blocks of transactional activity and complete Compliance/Regulatory/Continuing Education ahead of assigned deadlines

  
  

• Develop solutions with peers, service partners and IT to continually improve quality of service delivery, reporting, and transactional flows with attention towards cost effectiveness, automation, system enhancements, new products/services and efficiency.

  
  

• Involvement in client/agent/depo asset migrations, system UAT, industry changes, business continuity support, audits or significant productions changes (note: will include some weekend coverage across the year in each location)

  
  

• Actively participate and contribute to personal development and career development alongside the team lead/manager ? training courses, research, BNP initiatives, etc.

  
  

• Enrich fail, trade status, and/or client reporting and communicate with service partners towards delivering premier services, developing relationships, and improving the client experience; locally and with global peers across client facing and operational teams

  
  

• Cross train with peers across global and US activities covered within the Settlements and Cash team for seamless solution delivery

  
  

• Actively participate in projects ? independently, with team/partners, and regionally

  
  

• Check and perform technical and/or administrative operations.

  
  

• Request information from BP2S clients.

  
  

• Manage setup, processing and validation of operations.

  
  

• Receive clients? instructions, monitor and analyse data, validate and send instructions (when applicable).

  
  

Reports and KPIs (when applicable/requested)

• Extract reports and gather information and figures from the different operations and procedures, and report them to support the decision process

  
  

• Set out statistics from the activity

  
  

Ensure client satisfaction

• Follow up on clients? instructions.

  
  

• Ensure that clients? queries (internal and external) are dealt with in a timely and adequate manner.

  
  

• Check, analyze and escalate errors.

  
  

• Provide and/or disseminate information to the Account Manager and propose solutions in order to improve client satisfaction.

  
  

Corporate Behaviour

• Respect the norms and standards of BNP Paribas Securities Services.

  
  

• Perform tasks and/or participate in projects needed for the efficient achievement of BNP Paribas Securities Services objectives.

  
  

Profile and Skills to Success

• 12th Grade (minimum) or Degree (preferred option)

  
  

• Minimum 2-5 years financial industry experience with an emphasis on settlement processing is desirable

  
  

• Proven ability to work within a team

  
  

• Familiarity with securities products and with International income practices is desirable

  
  

• DTC or Fed direct participant experience (or global depository, ICSD) is desirable

  
  

• Related knowledge of asset set-up, corporate actions, income, mutual funds, tax issues and reconciliations is desirable

  
  

• SWIFT messaging - securities, reporting, cash and FX message types is also desirable

  
  

• Autonomous in handling complex queries both internal and external

  
  

• Proven ability to handle multiple priorities while respecting tight deadlines

  
  

• Well-developed written and verbal communication skills

  
  

• Displays a keen sense of ownership, responsibility and accountability

  
  

• Extremely detail orientated

  
  

• Solid analytical and problem solving skills

  
  

• Proactive, motivated and willing to absorb new concepts

  
  

• Raise systematically any incident to management if escalation is needed illustrating keen awareness of risk

  
  

FINRA licenses are not required

Why joining BNP Paribas?

• Leading banking institution

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 72 countries, with around 200 000 Employees ? including more than 150 000 in Europe.

• Our presence in Portugal

Since 1985, BNP Paribas was one of the first foreign banks to operate in the country. Today, the Group has around 6.500 employees across several entities operating directly in the territory, offering a wide range of integrated financial solutions to support its clients and their businesses.

• International reach

Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients 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.

In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

• Diversity and Inclusion commitment

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.

To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal

• 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.

Primary Location

: PT-11-Lisbon

Job Type

: Fixed Term

Job

: OPERATION PROCESSING
Education Level: Bachelor Degree or equivalent (>= 3 years)
Experience Level: Indifferent

Schedule

: Full-time