Sunday, August 14

Associate Level1

Job title: Associate Level1

Company: BNP Paribas

Job description: Job Description – APAC


Associate level1


31 / Aug / 2021


Global reconciliation


BSG, Chennai

Sector of activity / Function:

Market and financing services

Reports to:


Team Leader – Global Reconciliation Team


(if applicable)


Number of direct reports:

Direction / Registration:

Purpose of the position

The Associate / Level 1 Associate will be responsible for carrying out the day-to-day tasks related to the Global Reconciliation team performed in the MFS department. He / She will work on daily tasks, reports and investigations and will report directly to the Team Leader of the Reconciliation team. The staff will work closely with all internal teams, Paris and local management as part of their daily BAU. A good functional understanding of the securities lending business is essential, as well as a basic knowledge of settlement, securities transactions, collateral management and the billing function associated with securities lending business.


Direct responsibilities

  • Must have a good understanding of the reconciliation process and correctly perform all reconciliation and reporting tasks.
  • Identify exceptions and imbalance situations, and liaise with internal departments as needed, to achieve a timely resolution.
  • Prioritize work and diligently investigate all discrepancies / disruptions and respond to all queries within agreed time frames in accordance with SLA and procedures.
  • Correctly post manual journal entries in the accounting systems
  • Send daily / weekly / monthly / quarterly fault-free break reports and follow up on high-risk items with the appropriate department for fault-free customs clearance.
  • Perform a contract comparison in Equilend for all open contracts and investigate breaches.
  • Follow the appropriate escalation procedures
  • Strictly adhere to established departmental processing procedures and controls
  • Anticipate problems that could negatively affect operations and propose possible solutions.
  • Constantly improve your knowledge of the company through training and versatility and make sure you are trained across the different functions of the team.

Technical and behavioral skills

  • Ability to work independently as well as in a team, prioritize multiple tasks and meet strict deadlines.
  • Ability to work in a team environment in coordination with colleagues and managers.
  • Proficiency in Microsoft Office applications and strong MS Excel skills required.
  • Professional experience in Intellimatch will be preferred

Specific qualifications (if required)

Good knowledge of accounting

Skills repository

Behavioral skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Creativity & Innovation / Problem solving

Communication skills – oral and written

Customer focused

Cross-curricular skills: (Please select up to 5 skills)

Ability to develop others and improve their skills

Ability to develop and operate networks

Ability to develop and adapt a process

Choose an item.

Choose an item.

Level of education:

Bachelor’s degree or equivalent

level of experience


Other / specific qualifications (if necessary)

Expected salary:

Location: Chennai, Tamil Nadu

Job date: Tue, 12 Oct 2021 03:15:25 GMT

Apply for the job now!

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