Associate - Global Markets Operations Corporate Actions

Job Title: COA Associate JD

Department: Global Markets Operations - Corporate Actions

About Business line/Function: Corporate Actions

Position Purpose

Primary responsibilities of the team include:

• Incomes and taxes department specializes in analyzing and operating, in books and records, Incomes (as Dividends or Fixed and Determinable Payments) impacts surrounding business or client's balances.
• Officer aims to capture events; set up related tracking files; determine the economic structure of eligible positions (Buy/sell, Stock Loans, Repos), coordinate impacts across the different business lines and products affected; and ensure reconciliation across key dates until payments/receipts reconciled for accounting purposes.
  
  

Responsibilities

Direct Responsibilities

• Follow-up and notification of information and events terms to business lines or external parties.
• Ensure the transmission of voluntary elections and options across trading and custodians.
• Ensure accuracy of treatment and bookings for events operations within the booking and accounting systems.
• Follow and resolve any outstanding items in a timely manner with relevant escalation procedure applicable and compliance duties.
• Process incomes and stocks payments and claims for receivables toward any external parties in alignment with group guidelines policies for any wire forms.
• Ensure the right fiscal model is applied along the different records and until finance.
• Produce reporting and provide evidence toward fiscal authorities in respect of withholding taxes applied on proceeds.
  
  

Contributing Responsibilities

• Follow and capture events announcements across all markets.
• Analyze terms and transmit summary notifications to trading or clients.
• Keep on enriching relations with the business lines representative and network agents.
• Respect any timeline and deadline cut-offs
• Control books and records at different stages of events and until paydate.
• Follow and report any outstanding items (deposit breaks or cash breaks)
• Keep on documenting all procedures in place to stick market and process evolutions.
• Contribute to all control plan protocols according to local operational risk policies.
• Contribute to precision and accuracy of activity metrics and escalate any relevant problems or success to management on a continuous basis.
  
  

Technical & Behavioral Competencies

• Fluent in English (French speaker is a positive aspect)
• Compliant with local guidance and conformity policies
• Proactive and extremely rigorous
• Strong analytics capabilities and problem solving to adapt context.
• Able to work under pressure and dynamic, evolving environment.
• Dispose strong team spirit and client focus mindset.
• Financial markets knowledges
  
  

Specific Qualifications

• Preferred a Bachelor on accounting, Mathematics or Finance.
  
  

Technical Skills

Skills Referential (Required knowledge, skills and abilities)

• Capacity to analyze, organize and report efficiently.
• Flexibility on working methods and changing international environment.
• Rigorous and reactive in order to face pressure and reach excellence anytime
• Diligently follow the set procedures and Compliance policies
• Knowledge of financial markets and products, and easiness/expertise in dealing with Excel.
• English speaker
  
  

Behavioral Skills

• Ability to deliver / Results driven
• Ability to collaborate / Teamwork
• Communication skills - oral & written
• Attention to detail / rigor
  
  

Education Level: Preferred a Bachelor on accounting, Mathematics or Finance.

Location: Bangalore

About BNP Paribas Group

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, corporates 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 stability.

About BNP Paribas India Solutions

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 solutions.

Commitment to Diversity and Inclusion

At 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, colour, 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. 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.