Verified Job
Accounting - Finance
Associate - GMO-Fee Shared ()
Accounting - Finance
#45477
Remote / WFH
BNP Paribas
Job Description
Job Title: Associate
Department : Brokerage Fee Service
About Business line/Function: GMO
Position Purpose: Provide a brief description of the overall purpose of the position, why this position exists and how it will contribute in achieving the team’s goal.
Responsibilities Direct Responsibilities
Payable
- Processing accounts and payments in compliance with financial policies and procedures
- Performing day to day financial transactions, including verifying, classifying, computing, posting and recording accounts receivables’ data
- Execution fee set up in the back-office system
- Registration of broker invoices and reconciliation of trades & fees
- Analyzing the Invoices received from external parties & able to reconcile
Risk Control And Supervision
- Monitor activity progress against the goals and take appropriate corrective action as and when it is required
- Control and ensure that all tasks are processed accurately and in a timely manner
- Identify risk, suggest implementation of a first level of control.
Contributing Responsibilities Deal with client and brokers issues escalated by the team and share it with the management when appropriate
- Participate in client visits and conference calls
- client focus
- Collaborate /Liaise with other BNPP teams/stakeholders.
- Verify discrepancies by and resolve billing issues
- Ensure that procedures are updated and validated in a timely manner
- Perform and update the status of the assigned tasks in the daily task checklist.
- Review and validation of Give Up Agreement through Egus (or hard copy)
- Breaks analysis and dispute resolution
Technical & Behavioral Competencies Strong Communication skills required for an effective conversation with counterparties and internal stakeholders in the Brokerage reconciliation process.
- Proven working experience as Accounts Payable / Accounts Receivable domain
- Knowledge of Global Equity Product & Fixed Income.
- Strong knowledge of Trade Life Cycle.
- Experience in Brokerage, settlement functions Middle Office Operation functions within Investment Banking is favorable.
- Flexibility to accommodate business requirements and working hours.
- Good Excel skills required.
Specific Qualifications Bachelor’s degree from a college or university Technical Skills Skills Referential ( Required knowledge, skills and abilities) Strong Communication skills and client focus oriented
- Fundamental understanding of clearing /Futures & Options markets.
- Knowledge of all Microsoft Office applications (Excel, Word, PowerPoint, Access)
Behavioral Skills Attention to detail / rigor
Organizational skills
Personal Impact / Ability to influence
Education Level: Bachelor’s degree or equivalent
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, 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 quick-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, ****** 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.
Department : Brokerage Fee Service
About Business line/Function: GMO
Position Purpose: Provide a brief description of the overall purpose of the position, why this position exists and how it will contribute in achieving the team’s goal.
Responsibilities Direct Responsibilities
Payable
- Processing accounts and payments in compliance with financial policies and procedures
- Performing day to day financial transactions, including verifying, classifying, computing, posting and recording accounts receivables’ data
- Execution fee set up in the back-office system
- Registration of broker invoices and reconciliation of trades & fees
- Analyzing the Invoices received from external parties & able to reconcile
Risk Control And Supervision
- Monitor activity progress against the goals and take appropriate corrective action as and when it is required
- Control and ensure that all tasks are processed accurately and in a timely manner
- Identify risk, suggest implementation of a first level of control.
Contributing Responsibilities Deal with client and brokers issues escalated by the team and share it with the management when appropriate
- Participate in client visits and conference calls
- client focus
- Collaborate /Liaise with other BNPP teams/stakeholders.
- Verify discrepancies by and resolve billing issues
- Ensure that procedures are updated and validated in a timely manner
- Perform and update the status of the assigned tasks in the daily task checklist.
- Review and validation of Give Up Agreement through Egus (or hard copy)
- Breaks analysis and dispute resolution
Technical & Behavioral Competencies Strong Communication skills required for an effective conversation with counterparties and internal stakeholders in the Brokerage reconciliation process.
- Proven working experience as Accounts Payable / Accounts Receivable domain
- Knowledge of Global Equity Product & Fixed Income.
- Strong knowledge of Trade Life Cycle.
- Experience in Brokerage, settlement functions Middle Office Operation functions within Investment Banking is favorable.
- Flexibility to accommodate business requirements and working hours.
- Good Excel skills required.
Specific Qualifications Bachelor’s degree from a college or university Technical Skills Skills Referential ( Required knowledge, skills and abilities) Strong Communication skills and client focus oriented
- Fundamental understanding of clearing /Futures & Options markets.
- Knowledge of all Microsoft Office applications (Excel, Word, PowerPoint, Access)
Behavioral Skills Attention to detail / rigor
Organizational skills
Personal Impact / Ability to influence
Education Level: Bachelor’s degree or equivalent
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, 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 quick-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, ****** 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.
