Counterparty Management Administrator

at  BNP Paribas

Job Title: Counterparty Management Administrator
Business Unit: Middle Office - Registration & Counterparty Management
Contract Type: permanent
Location: Sandyford, Dublin
About BNP Paribas
At BNP Paribas, we center our values on what drives the company forward. Our driving forces are Agility, Client Satisfaction, Compliance Culture and Openness.
Agility: we want to behave more simply to embrace useful innovation and digital transformation.
Client Satisfaction: we believe that our success lies in being the customers’ and clients’ preferred choice.
Compliance Culture: we believe in promoting clear rules to foster a strong culture of compliance and ethics
Openness: we promote open-minded attitudes towards our stakeholders. We aim for everyone in Group to feel included, to have their say and be empowered
Our strengths are based off four key areas of Stability, Expertise, Responsibility and Good Place to Work
Stability: we build upon our solid, long-term oriented management, our diversified and integrated business model and our international footprint.
Expertise: we build upon our recognized and expanding knowledge of our teams.
Responsibility: we build upon our culture of responsibility and integrity to ever better serve the interest of our customers
Good Place to Work: we foster a stimulating workplace where people are treated fairly and with respect

ROLE:

Registration Counterparty Management consists of 2 departments: Registration & Counterparty Management. Its 2 main objectives are to:
Coordinate the operational implementation of the deals (or « program » in Supply Chain) and ensure the accuracy and consistency of deals parameters including credit, legal and operational conditions by performing independent controls at implementation stage and during deal life-cycle
Support BNP Paribas Clients and non-clients with the objective of excellence-to-operate through a risk management framework and respect of compliance banking rules
Dublin Global Trade Services (GTS) & Dublin Operations interact with Dublin Middle Office on a daily basis and rely on it to perform all the activities necessary for the client to be able to start using our products. Dublin Middle Office also performs controls independently from GTS & Operations. Dublin Middle Office –Registration & Counterparty Management focus on Registration and Specialised Due Diligence.

KEY RESPONSIBILITIES:

Lead Supplier On boarding in new and existing programs.
To manage registration of suppliers for new and existing Vendor Financing programs.
To collect documents for KYTS & KYS activities and control completeness of the documentation once GTS instruction is received or recertification process is launched.
Provide regular reporting to GTS sales team on suppliers’ on boarding and coordinate with them for communication to clients.
Maintain an up to date master list of the suppliers with the correct statuses
Storage of suppliers documents and evidences in an appropriate location
Perform the Financial Security controls at facility set-up, facility renewal and on a regular basis during the deal life to monitor and ensure that programmes are always compliant with FS (KYC and screening at transaction processing excluded). Tasks include the following but are not limited to:
Perform FS controls at facility set-up and renewal in accordance with Hermes,
Perform KYTS, recertification activity, obligors screening, specific due diligence process
Perform the recertification of suppliers.
Perform specific due diligence on SCF portfolio, launch specific due diligence process
Follow appropriate escalation policy.
Be proactive and provide best quality of service with highest controls standards.
Maintain the deal portfolio reference file with deals subjects to Hermes/Hermes++/Chrysalide
Perform the Pn country concentration control and report to Business as required.
Ensure required controls are performed in all the due diligence processes following the group guidelines and policies.
Maintain Knowledge of pricing models and understanding deal structures to provide best service possible
Demonstrating an open mind-set in the frame of financial technology projects
Will be the single point of contact for all stakeholders including client and business support.

QUALIFICATIONS & EXPERIENCE REQUIRED FOR THIS ROLE:

Business/Finance 3rd level qualification
3 to 5 years’ experience in banking operations
Proficiency with general IT system applications
Proficient knowledge of MS Office suite (Excel, Word, PowerPoint)
Customer Support experience
Knowledge of Trade Finance products an advantage but not essential
Proven ability to interact with senior stakeholders
Ability to effectively communicate up, across and down the organisation
Ability to engage with all business operations
Strong analytical and problem-solving skills
Accuracy and attention to detail
Ability to work under pressure and to tight deadlines
Multitasking