Job ref no.: CT3127825-01#9887

Assistant Settlement Manager, Securities Services

BNP Paribas

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 18,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.


Worldwide, BNP Paribas has a presence in 68 markets with more than 193,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.
  • excluding partnerships

BNP Paribas offers you an exciting career in an international business environment that is fast-paced, diverse and focuses on creating high-value relationships with our clients. We offer competitive salary and benefits, as well as a working environment where you’re valued as part of the team.

https://careers.apac.bnpparibas/

Position Purpose

The main objective of this Senior Account Officer/ Assistant Account Manager is to support the growing of the business in HK. This position will be responsible for assisting all functions within the team from BAU for daily operations, UAT testing due to system enhancement to participate on Client service review.

The position holder has to be highly motivated. He/She would be responsible to cover assigned Clearing and Settlement activities and project, will also be acting as the contact point for the client.

Due to the expansion of the business, the position would be required to participate in various ad-hoc projects from time to time, work closely with Relationship Management team on client implementations, run UAT testing and to provide input and support to projects.

The position holder needs to be very proactive and can work independently and under pressure with minimal supervision in a multicultural environment with excellent teamwork. Meticulous and result oriented are also important for this position. Since the scope of the service covers different spectrum of activities, time management is crucial for this role.

Also, this role will be required to work with Clients, excellent communication skill with good client servicing are definitely important.

Responsibilities

Direct Responsibilities

  • Perform and monitor daily settlement operations within BNP Paribas Securities Services guidelines of procedures and market deadlines.
  • Work and liaise with different internal parties or external vendor (i.e. Client Services, Compliance, Risk and Relationship Manager)
  • Work and monitor closely with our Chennai Operation
  • Participate in internal control, process development and enhancement initiatives to ensuring controls in the team
  • Provide support to team manager for the system enhancement, client on-boarding
  • Resolve all queries in a timely manner
  • Write and update Operational procedures from time to time

Technical & Behavioral Competencies

Required:
  • Strong communication skill is essential
  • Work independently with minimal supervision
  • Fluent in English
  • Commitment, Initiative, Drive and Energy to continually improve and enhance processes
  • Flexibility to adapt to changing environment; multitasking is essential
  • Self-motivated, with a strong sense of initiative
  • Client focused
Desirable:
  • Knowledge of TPC or Account Operator would be a plus
  • Knowledge of Participant Gateway (PG) is a plus
  • Knowledge of Cross border transfer is a plus

Specific Qualifications (if required)

  • Good product knowledge on equities for Hong Kong stock market, Stock Connect market, fixed income for Hong Kong bond market and Bond Connect market
  • Degree Holder
  • Hands on experience on process settlement activities
  • Solid background on the Hong Kong market (Clearing and Settlement)
  • Knowledge of stock connect market (Clearing and Settlement)
  • At least 5 years of experience in the Custody, Clearing and Settlement activity are required
  • Good Swift knowledge
  • Stamp Duties Knowledge
  • Master with Local market systems - CCASS (C3T) / CMU (eCMT)
  • Hands on experience on Reconciliation and Control
  • Knowledge of physical certificate handling, ADR
  • Major working hours will be 9 am to 8 pm in shift which may change depends on further requirement

Primary Location : HK-Hong Kong (HK)-Hong Kong

Job Type : Standard / Permanent

Job : OPERATION PROCESSING

Education Level: Bachelor Degree or equivalent (>= 3 years)
Experience Level: At least 7 years

Interested parties please click Apply Now to apply job.

All applications applied through our system will be delivered directly to the advertiser and privacy of personal data of the applicant will be ensured with security.

More job information
Job ref no. CT3127825-01#9887
Salary
Job Function
Industry
Employment Term
  • Permanent
  • Full-time
Experience
  • 5 years - 10 years
Career Level
  • Middle management level
Education
  • Degree