Assistant Manager

About BNP Paribas Group:

Worldwide, BNP Paribas has a presence in 74 countries with more than 190,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 15,000 employees* and a presence in 14 markets, it provides clients with product and service solutions tailored to their specific needs and continues to develop its franchise in the region.

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.

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.

About Business line/Function:

The Global Markets Function at BNP Paribas facilitates Securities Services for Corporate and Institutional Clients. We provide Sales, Trading, Research and Strategy, FX Prime Brokerage, Local Markets coverage and Electronic Trading to a plethora of clients across the Americas, Asia Pacific and EMEA regions. We offer a global and cross-asset platform for securities financing through repo or prime services, for both listed and OTC clearing services and for execution of listed derivatives. We also provide our investors with access to commodities through various investment strategies and structured solutions.

This position will be responsible in monitoring Corporate Actions in all reliefs and identification of eligible global positions Follow-up of events' announcements, forecast and deadlines leading to efficient management regarding scrubbing, notifications and bookings in our general books and recording systems

Managing the election process for voluntary events by interacting with other internal support functions, compiling aggregated instruction to be sent to agents/custodians and ensure good receipt.

Strict follow-up of the expected proceeds/results at payment date, and follow-up controls in regard to theoretical bookings and forecast assumptions that may leave with breaks on internal or external reconciliations.

Responsibilities

Direct Responsibilities for Mandatory, Mandatory with options and Voluntary CA processing-

Key functions include:

Event Capture

Notification

Income / Mandatory events processing

Election management (Voluntary)

Bookings of Outcomes

Claims Management

Reconciliations

Scrubbing and setting up of Corporate Actions in operating systems (e.g. Picasso)

Monitoring of Corporate Actions in all reliefs and identification of eligible global positions (Settled/Pending trades, SLAB)

Follow-up of events' announcements, forecast and deadlines leading to efficient management regarding scrubbing, notifications and bookings in our general books and recording systems (e.g. Calypso, Power, Picasso tools)

Manage the election process for voluntary events in close relations with other teams of the GM CAIT department, compile aggregated instruction to be sent to agents/custodians and ensure good receipt.

Ability to manage any Corporate Actions type on the overall scope of the team

Provide a regular report to his/her hierarchy and being pro-active during all recurrent meetings (morning, weekly meetings, etc.)

To be familiar and aware with any risks by following the procedures or Compliance rules that are in place to mitigate operational or reputational risk

Monitors and take appropriate actions in case of market risks (buy ins)

Escalation process when operational risk is detected

Contribute to the overall successful running of the corporate actions department:

By maintaining good working relationships with domestic agents and custodians

By communicating with, and assisting, other operational departments were needed. Ensuring direct Managers are kept informed of any potential problems & issues where appropriate

Candidate must have at least 8 years of relevant work experience in Corporate Actions processing and has reached an SME or a Team Lead level in previous experience.

Capacity to analyze, organize and report efficiently

Flexibility on working methods and changing international environment

Rigorous and proactive in order to face pressure and reach excellence

Diligently follow the set procedures and Compliance policies

Knowledge of financial markets and products, and easiness/expertise in dealing with Excel