About the job

Processing all US Custody Corporate Actions

This includes but is not limited to Global and Local Clearing and Custody (GC) with respect to:

• Event capture, set-up and client notification

  
  

• Client and depository/sub-custodian instruction processing

  
  

• Security and cash payment processing and reconciliation

  
  

Your Main Activities Are

Team Work and Processing

• Process the Corporate Actions (CA) services for all global custody (GC) and local custody (LC) markets opened for the US Custody business

  
  

• Event capture, event set-up, and client notification

  
  

• Client instruction and depot/sub-custodian instruction processing

  
  

• Security and cash payment processing

  
  

• Pre- and post-payment reconciliation and break resolution

  
  

• Market/counterparty claim processing

  
  

• Market and Client updates

  
  

• Act as a subject matter expert on CA processing

  
  

• Perform expected responsibilities within appropriate client service level agreement (SLA)

  
  

• Follow appropriate training

  
  

• Follow the main principles of Banking Operations, especially through the segregation of tasks

  
  

• Participate in the definition and follow-up of the operational procedures. Ensure their enforcement at all time.

  
  

• Participate in the design and the implementation of IT solutions necessary for the completion and the development of the CCS activity in line with BPSS standards and objectives and in line with client activities

  
  

• Support the CCS local management in negotiating with and managing clients to the benefit of CCS activity

  
  

• Liaise with Client Services, service providers and regulators as needed

  
  

• Resolve BAU issues that affect CCS Operations with other areas of the Group

  
  

• Initiate and drive initiatives/system updates to improve CA processing capability

  
  

• Participate in the development and implementation of effective and efficient operation management policies and processes that are consistent with best practices.

  
  

• Take initiatives to reach the group objective: Harmonization project for Corporate Action Notifications

  
  

• Share knowledge of new processes, regulations, client needs and expectations, techniques within the team

  
  

• Accept responsibility for CA processing and achievement of objectives

  
  

• Comply with relevant regulations, legal demands and ethical standards when undertaking CA activity

  
  

• Escalate issue/problem when needed

  
  

Risk Management

• Properly perform 1st level of controls on Corporate Action activity

  
  

• Ensure that activity is constantly under control through close supervision of checks and reconciliations

  
  

• Consistently keep risk awareness approach

  
  

• Participate in the design and maintain of appropriate risk and KPI monitoring tools

  
  

• Update operational procedures

  
  

• Participate in the implementation of audit recommendations within due time

  
  

• Participate in the management of incidents (on time declaration, resolution, action plan definition?)

  
  

Key Accountabilities

• Ensure the accurate interpretation and processing of all Corporate Action events .

  
  

• Adherence to all US regulations as related to the services offered, along with adherence to internal bank and business line procedures and policies

  
  

• Adherence to internal controls to eliminate risk and operational losses

  
  

• Deliver high quality of service to ever-demanding clients

  
  

• Support and complete projects and initiatives as assigned

  
  

Profile and Skills to Success

• Bachelor?s degree required, advanced degree considered a plus

  
  

• Minimum 1-3 years financial industry experience with an emphasis on Corporate Action processing

  
  
• Be available for a schedule of 06h00 to 15h00



• Proven ability to work within a team

  
  

• Familiarity with securities products and with International practices

  
  

• Corporate action accounting and SWIFT knowledge required

  
  

• Related knowledge of asset set-up, settlements, mutual funds, cash processing, tax issues and reconciliations

  
  

• Autonomous in handling complex queries both internal and external

  
  

• Proven ability to handle multiple priorities while respecting tight deadlines

  
  

• Well-developed written and verbal communication skills

  
  

• Displays a keen sense of ownership, responsibility and accountability

  
  

• Extremely detail orientated

  
  

• Solid analytical and problem solving skills

  
  

• Proactive, motivated and willing to absorb new concepts

  
  

• Raise systematically any incident to management if escalation is needed illustrating keen awareness of risk

  
  

Why joining BNP Paribas?

• Leading banking institution

BNP Paribas is a leader in the Eurozone, and a prominent international banking institution with strong roots in Europe's banking history. It has a presence in 72 countries, with around 200 000 Employees ? including more than 150 000 in Europe.

· Our presence in Portugal

Since 1985, BNP Paribas was one of the first foreign banks to operate in the country. Today, the Group has around 6.500 employees across several entities operating directly in the territory, offering a wide range of integrated financial solutions to support its clients and their businesses.

• International reach
  

Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions: Domestic Markets and International Financial Services for retail banking and specialised financial services, and Corporate & Institutional Banking for corporate and institutional clients.

In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

• Diversity and Inclusion commitment
  

BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.

To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal

• Please note that only applications submitted in English will be considered.
  

• In case you are selected for this role, further documentation will be requested to support your hiring process.