Senior Administrator, FX, MM & Cash Processing - Associate (FTC until April 25)

at  BNP Paribas

OUR SECURITIES SERVICES BUSINESS, WHICH FORMS PART OF CIB, IS A LEADING GLOBAL CUSTODIAN PROVIDING SPECIALIST POST-TRADE AND ASSET SERVICING SOLUTIONS TO BUY AND SELL-SIDE MARKET PARTICIPANTS, CORPORATES AND ISSUERS. BASED IN 35 LOCATIONS AROUND THE WORLD, OUR AWARD-WINNING SECURITIES SERVICES TEAMS HAVE BUILT ONE OF THE MOST EXTENSIVE CUSTODY NETWORK IN THE INDUSTRY, GIVING CLIENTS THE CONNECTIVITY AND LOCAL KNOWLEDGE THEY NEED TO NAVIGATE CHANGE IN A FAST-CHANGING WORLD.

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 Trade Management and Treasury Department within Middle Office exists to provide administration activities which support trade settlement in the market and accurate start of day positions for our client:

This support includes:

• Trade capture across Securities, Collateral, FX and Money Market products
• Trade matching via electronic platform and manual confirmations
• Trade settlement
• Cash and Stock Reconciliation
• Client, Broker and Custodian Reporting

The Trade Management team is responsible for the above client service in relation to securitised products including equities, bonds and unit trusts and cash products including FX, money market and loans.
The purpose of this role is to support the production cycle of the Trade Management team ensuring client service delivery and commitments are met.

THE REQUIREMENTS

Essential:

• Product knowledge
• Strong risk management awareness
• Accuracy and meticulous attention to detail
• Involvement in change initiatives with ability to adapt to an ever changing environment
• Strong client service skills
• Familiarity financial markets

Desirable:

• Accounting Practices
• Language Skills
• Degree Qualified
• IOC qualifications

Client Service Delivery and Controls

• To ensure a high quality client service is delivered to all clients
• Ensure the service level provided by the team adheres to the Client Service Delivery agreements
• Ensure adherence to core standard operating models
• Build strong, professional relationships with clients and be an ambassador for BNP Paribas
• Develop internal stakeholder relationships with the wider team as well as general business support
• Support external counterparty relationships, providing feedback for performance reviews e.g. brokers and custodians

Continuous Improvement & New Business

• Proactive generation of ideas for improvements to systems and processes in support of client requirements and BNP Paribas Securities Service strategic objectives.
• Support the development and implementation of such improvements
• Involvement in the design and implementation of resilient processes and systems to support new/changes to business products including mandatory changes to market/governance and regulations
• Innovate & continually challenge status quo within the governance and framework of our change program
• Be a subject matter expert in your team, striving to expand on build on knowledge on a continuous basis

Risk Management

• Ensure adherence to the risk and control framework, including team and departmental procedures, managing risk effectively and efficiently within the team
• Ensure an effective and robust governance structure is in place for the team
• Accuracy – focusing on getting it right first time
• Support business contingency plans as required
• Ensure adequate internal controls are in place and correctly followed to mitigate operational risk
• Ensure that internal and external audit/compliance/risk requirements are met

Personal Development

• Proactively manage own personal development through engagement with manager on development plan
• Consider personal objectives in line with business objectives, driving forward personal development opportunities

Budget Management

• Understand the factors which influence unit cost eg capacity/workload drivers

Strategy and Governance

• Contribute to raising the profile of the UK branch of BNP Paribas Securities Services.