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Manager - Middle Office - FX & Cash Operations

  • Posted 7 hours ago
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Job Description

About BNP Paribas Solutions - Philippines Branch

Established in 2024, BNP Paribas Solutions Philippines Branch is a branch of BNP Paribas Group, a leading bank in Europe with an international reach. We provide support services, back-office operations services related to or which further the accomplishment of the corporation's investment services, banking transaction processing, and equity investment.

About BNP Paribas Group:

BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporate, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

Responsibilities

Direct Responsibilities

  • Ensure all procedures are up to date and organized for easy reference from other site.
  • Proactively retain knowledge level in the teams to enable takeover
  • Flexibility to support/handle process of other HUBS when ERS is invoked.
  • Ensure Checklist and documentation is completed /readily available during ERS takeover to mitigate risk in takeover.
  • Need to have knowledge on MX/MT Payment Swift processing & creations (pacs.008, pacs.009 and camt.57), and swifts supporting payment workflows (camt.056, MT599, MT299, MT199)
  • Understating of treasury products like Daily Cashflows, Term deposits, Notice Accounts & RCD.
  • Knowledge of Accounting treatment of treasury products and understanding of fund accounting impacts.
  • Knowledge of FX trade processing - 3rd party FX & On demand FX execution and management.
  • Ensure client positions are correct for NAV to be delivered
  • Manage loan servicing activities such as transaction processing validation, account maintenance and handling customer & loan admin queries regarding loan accounts
  • Prepare and maintain reports on Treasury activity, performance metrics and operational efficiency to support management decision making and regulatory reporting requirements.
  • Support & Implement the New Projects / Migrations as planned by Management for the respective teams.
  • Should at least come up with two Kaizen initiative for the year in reducing cost/process efficiency.
  • Support and develop the key projects and improve the scalability by delivering the industrialization initiatives as per the roadmap and take the opportunity to challenge the processes with an outside the box thinking mind-set / disruptive approach.
  • Create more SME from the teams and ensure they act as your backups to support projects
  • Prepare process flow and other documentations required by project team.
  • Ensure operational processes are updated for each project when there is operational impact
  • Ensure team members are trained in the new activities based on projects
  • Creates relevant solutions to add sustainable value to our clients.
  • Work with the technical team to provide SME support / Documentation where required.
  • Support monthly capacity planning data
  • Provide data on time for the standard AFSO dashboard and other MIS requirements
  • Ensure KPI are met and maintained as per agreed SLA & Acquire clear understanding of SLA's and ensure you and junior members are thoroughly aware of the cut-off times and deliverables.
  • Ensure 4 eye is completed before deliverables are signed off.

Contributing Responsibilities

  • Support Hybrid Projects & Support & Implement the New Projects / Migrations as planned by Management for the respective teams.
  • Should at least come up with two Kaizen initiatives for the year in reducing cost/process efficiency.

Technical & Behavioral Competencies

  • Thorough understanding of all Capital market, Financial Instruments, Investment banking processes and above average accounting skills
  • Proficient in Microsoft Office Applications and strong MS Excel skills required.
  • Report and escalate operational on major incidents including any breach and error occurrences to the management. Understand KPI's/KMP's & follow audit guidelines strictly (Internal and External)
  • Ensure that the controls are performed thoroughly and any issues promptly addressed and documented.

Specific Qualifications (if required)

  • Graduate /Post Graduates (Bachelor's Degree/MBA)
  • Candidates should be willing and flexible to work in any shifts

Skills Referential:

Behavioral Skills:

  • Adaptability
  • Attention to detail/rigor
  • Ability to collaborate / Teamwork
  • Communication skills - oral & written
  • Client focused

Transversal Skills:

  • Ability to understand, explain and support change
  • Ability to develop others & improve their skills
  • Ability to develop and adapt a process
  • Ability to set up relevant performance indicators
  • Ability to develop and leverage networks
  • Ability to inspire others & generate people's commitment
  • Analytical Ability

Education Level: Bachelor Degree or equivalent

Experience Level: 10 to 15 years of experience with Investment Banking background and management is mandatory

Other/Specific Qualifications (if required)

Must be prepared to work in any shift supporting Asia/Americas/European business hours depending on business needs.

More Info

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About Company

Job ID: 152014357

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