Senior Administrator - Securities Trade Processing - Associate - Bnp Paribas

BNP Paribas is the European Union's leading bank and a key player in international banking.
We operate in 65 countries and employ 190,000 people, including nearly 145,000 in Europe.
Our Group holds key positions in its three main fields of activity: Commercial, Personal Banking & Services; Investment & Protection Services; and Corporate & Institutional Banking (CIB) for corporate and institutional clients.
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.
Company purpose: Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.
Our employer promise is built around three pillars: • Being a great place to work • Committed to sustainability and having a positive impact • Being dedicated to the development of our people Business area 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.
Job purpose Accountable for the production cycle of the team, supporting complex and routine operational activities to ensure client service delivery and commitments are met.
Key responsibilities Client Service Delivery and Controls • To ensure a high quality client service is delivered to all clients, referring complex/technical issues to senior colleagues as appropriate • Ensure the service level provided by the team adheres to the Client Service Delivery agreements • Ensure adherence to core standard operating models through the application of existing policies and procedures • Take responsibility for ensuring procedures are reviewed and updated on a regular basis, passing to senior colleagues for review • Ensure high processing accuracy levels both personally and through oversight of the team administrator's work, identifying errors and working to address • 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, co-ordinating activities to ensure smooth delivery of operational processes in accordance with agreed processes and procedures • Support external counterparty relationships, providing feedback for performance reviews e.g.
brokers and custodians • Ownership of allocating daily workload within the team, providing supervision and technical support to the team administrators 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, actively seeking opportunities to develop knowledge and expertise both within the department and on a broader level across the UK and beyond.
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, taking accountability for personal objectives to support the overall performance of the team, taking guidance from senior, more experienced colleagues where required.
• 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.
Key internal stakeholders • Fund Accounting and NAV production • Reconciliations • Business Transformation and Change team Key external key stakeholders • Clients • Custodians • Brokers • TPAs Requirements Essential • Professional qualification (or equivalent level of expertise in relevant technical area) • Strong working knowledge of policies/procedures and regulations within client delivery and company side • 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 with good written and oral English skills to allow concise explanations on technical issues where applicable.
• Familiarity financial markets Desirable • Accounting Practices • Ability to coach and support colleagues in development • Computer literacy with ability to use enhanced, specialist applications And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank's strategy, commitment, work ethic, integrity and Code of Conduct).
A bit more about why you should join us 1.
We're a great place to work We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile) We are proud of our award-winning flexible benefits and health & wellbeing strategy.
Our flexible benefits include: • Generous holiday allowance of at least 26 days (plus bank holidays) - with option to buy and sell holidays.
• Valuable financial plans - a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
• Extensive wellbeing and mental health offering - one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
• Key onsite services and facilities in Scotland - include free monthly massage and yoga, mental health first aiders and seasonal flu vouchers.
• Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.
* Subject to relevant caps 2.
As the eurozone's largest bank, we are committed to having a positive impact in the world.
For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050.
By 2030, 80% of our energy production financing will be low carbon.
But impact for us means more than climate.
It means empowering our people every day.
Everyone gets four volunteering days each year - in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.
3.
We believe in our people We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow.
We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.
We are proud of the number of our people who progress and secure new roles internally.
In fact, in 2023, nearly half of our positions in UK CIB were filled internally.
Investing in our people also means we have a collaborative and inclusive culture: • Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
• Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group.
These include our: Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.
Equal opportunities BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.
Adjustments We don't want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you'd benefit from some adjustments or additional support, please let us know as early in the process as possible.
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