BNP Paribas has announced a vacancy for the position of Associate- TA in Chennai. The role is part of the transaction processing function and involves NAV delivery, reconciliations, fund accounting processes and coordination with various parties involved in NAV calculation.
Candidates with a Graduate qualification are indicated as eligible to apply in the source, while the detailed qualifications specify a Bachelor Degree or equivalent, with Accounting/Commerce listed under specific qualifications.
Company Overview
| Name of the Company | BNP Paribas |
| Required Qualifications | Graduate |
| Skills | Communication & Analytical Ability |
| Category | Transaction processing |
| Work Type | Onsite |
BNP Paribas is a European Union banking group operating across 65 countries with nearly 185,000 employees, including more than 145,000 in Europe. The Group operates across Commercial, Personal Banking & Services, Investment & Protection Services, and Corporate & Institutional Banking.
Job Details
Θ Positions: Associate- TA
Θ Job Location: Chennai
Θ Salary: As per company standards
Θ Job Type: Full Time
Θ Requisition ID: 612345678901011767
Roles and Responsibilities
The Associate- TA will be responsible for:
- Preparing tasks involved in NAV delivery and reconciliations.
- Acquiring a complete understanding of NAV Calculation and related functions involving parties such as Custody, TA, Pricing and Corporate Actions.
- Becoming a Subject Matter Expert of the process by acquiring complete knowledge of NAV Calculation Processing across funds and instrument types.
- Ensuring all reconciliation breaks in TA, Cash and Stock are validated and justified for each calculated NAV.
- Ensuring NAV calculations are produced in a timely manner as per SLA.
- Ensuring completeness of NAV packs, including accurate report generation, timely delivery of reports, document controls and evidence controls.
- Adhering to quality and timeliness requirements as per SLA and ensuring no material or financial impact.
- Proactively resolving queries and immediately escalating issues, queries or escalations to the supervisor.
- Participating in the preparation and updating of Key/Standard Operating Procedures for each process and fund/client specification.
- Carrying out other ad-hoc duties that may arise from time to time, mainly at month ends and year ends.
Contributing Responsibilities
- Monitoring the respective group mailbox and responding quickly to queries.
- Understanding and following ISAE 3402 checks, with 100% compliance required for all NAV packs.
- Acting as a backup in the absence of other team members and managing leaves appropriately.
- Minimizing unplanned leaves, especially during business-critical periods such as month end, year end, rollover days and migration of new funds or BI events.
- Coming up with a minimum of one process improvement or automation initiative per year.
- Sharing process and product knowledge with fellow team members.
- Participating in CSR and other engagement initiatives.
Required Skills & Qualifications
Education Level:
Bachelor Degree or equivalent
Specific Qualifications:
Accounting / Commerce
Technical Skills:
- Ability to understand, explain and support change.
- Ability to develop and adapt a process.
- Ability to develop and leverage networks.
- Analytical Ability.
- Knowledge of fund Accounting and NAV cycle.
Behavioral Skills:
- Attention to detail / rigor.
- Ability to collaborate / Teamwork.
- Communication Skills – Oral & Written.
How to Apply
Interested candidates can apply using the Apply Link – Click Here option provided with the job listing.
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