Global Local Custody Transversal Associate - Associate

COMPANY PURPOSE:
Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.

Our employer promise is built around three pillars:

Being a great place to work
Committed to sustainability and having a positive impact
Being dedicated to the development of our people
BUSINESS AREA
Securities Services is a leading global custodian and securities services specialist that provides multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers.

The Banking Services and Operations (BSO) Department delivers services in three areas:

Local Custody, which provides Clearing, Settlement, Cash, Corporate Actions, Income, Tax services for UK and international clients. These are mainly Institutional Investors (Asset owners, Asset Managers…), Financial intermediaries (Broker Dealers, Global custodians…), and other BNP Paribas branches.
Global Custody, which provides the same range of services to Institutional investors and asset managers who open a Global Custody account in UK to hold assets in over 90 countries.
Broker Dealer Outsourcing, which provides Back-office outsourcing services of Settlement, Financial accounting and Transaction reporting for Mid-size Brokers
JOB PURPOSE
The Global and Local Custody UK Associate is responsible for the direct support and contact with clients and internal teams in relation to Global and Local Custody UK activity on all markets ensuring that queries and issues are responded to in a timely and appropriate fashion along with completing all aspects of the daily BAU as contained in the daily checklists.

They are responsible for daily BAU covering and resolving topics/tasks in relation to Corporate Actions, Income, Custody Reconciliations.

This may include (but not limited to) tasks involving the following: Creating MMI Securities (on an ad-hoc basis), the processing of interest and redemption payments, Reporting processing in relation to blocked and sanctions securities, Transversal custody activity including reporting, query management and tasks relating to processing of physical securities. The scope may be extended/adjusted subject to any segregation of duties requirements with BSO.

They provide direct support to clients including operational, market and processing knowledge. The Associate ensures that clients’ questions and issues are responded to in a timely and appropriate fashion.

They will also ensure that any client and non-client facing tasks are performed in an accurate and timely manner. They are to ensure the adherence to all processes and procedures. Read more