Business Overview:

BNP Paribas Securities Services is a multi-asset servicing specialist committed to helping clients achieve their ambition both in terms of investment and cross-border distribution. Our extensive network of over 95 markets and the rich diversity of our people enable us to provide our institutional clients with the connectivity and local knowledge they need to navigate change in a fast-moving world.

Within Securities Services, and among the business units and professionals supporting clients globally, is the Custody Settlements and Cash Operations team of BNP Paribas NY Branch (Bank/Global Custodian business). Our team supports client's post-trade processes including: trade and global CCY cash settlement along with foreign exchange, mutual fund and physical certificate management. This role is based in the Chesterbrook, PA office and is part of a dual-office structure with peers located in the Lisbon, Portugal offices of Securities Services. The team manages the daily flow of financial transactions, settlement and reporting between the client and the local market agent or international/central securities depositories. While the team's volumes and daily activity is weighted towards the US market (DTC/NSCC, Fed), our coverage includes the fast-growing global custody offering that is supported across regions.

*Physical presence in BNPP's office(s) is an essential function of this position. BNPP requires all of our employees to be vaccinated in order to access its offices, subject to reasonable accommodations for reasons related to disability or religion. This role has the flexibility of being hybrid, consisting of an in office and remote working component.

Candidate Success Factors:

Candidates to be measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

• Results and Impact
  • Impacts division and influences peers and team
  • Demonstrates good judgement when making decisions of high complexity and impact
  • Relies on limited guidance for most complex decision making
  • Is responsible for driving outcomes which have meaningful effect on team or department
• Leadership and Collaboration
  • Creates trust with department leaders
  • Acts in leadership capacity for large projects, processes, or programs for a team
• Client, Customer and Stakeholder Focus
  • Able to build relationships with a mix of intermediate and senior colleagues or clients
  • Interacts regularly with management and department leaders
  • Demonstrates the ability to persuade and influence stakeholders at the team level
• Compliance Culture and Conduct
  • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts
  • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards"

Responsibilities:

• Status (before, on, and post contractual settle date), troubleshoot and settle transactions with service partners, external clients, agents/depository, and/or counterparties towards trade fail mitigation
• Daily monitoring and deadline driven processing of incoming and outgoing transactional instructions from/to client and to/from agent/depository
• Adherence to client Service Level Agreements/Descriptions (SLA/SLD)
• Inquiry management, with attention to established timelines
• Strict observance of Daily checklist, procedural and internal/regulatory/compliance/operation risk controls
• Status and resolve cash and/or stock breaks between custody and client or agent/depository and custody along with any additional risk data as assigned by team lead/manager
• Elevate potential risk client, counterparty, reputational, financial, regulatory, etc. to team leads/manager with immediacy
• Review OFAC/Sanction blocks of transactional activity and complete Compliance/Regulatory/Continuing Education ahead of assigned deadlines
• Develop solutions with peers, service partners and IT to continually improve quality of service delivery, reporting, and transactional flows with attention towards cost effectiveness, automation, system enhancements, new products/services and efficiency.
• Involvement in client/agent/depo asset migrations, system UAT, industry changes, business continuity support, audits or significant productions changes (note: will include some weekend coverage across the year in each location)
• Actively participate and contribute to personal development and career development alongside the team lead/manager training courses, research, BNP initiatives, etc.
• Enrich fail, trade status, and/or client reporting and communicate with service partners towards delivering premier services, developing relationships, and improving the client experience; locally and with global peers across client facing and operational teams
• Cross train with peers across global and US activities covered within the Settlements and Cash team for seamless solution delivery
• Actively participate in projects independently, with team/partners, and regionally

Minimum Required Qualifications:

• College/University degree
• 2-4 years experience in the financial services industry at a bank/broker, service provider or as a custodian
• Familiarity with the trade lifecycle and industry participants to the process flow
• Fed direct participant experience 2 years or more

Preferred Qualifications:

• SWIFT messaging - securities, reporting, cash and FX message types
• Client or Operational support experience for global agent network
• Background in project lifecycle participation, delivery and reporting
• Fedwire or CHIPs funds transfer experience
• DTC experience (or global depository, ICSD

About BNP Paribas:

In the United States, BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business.

BNP Paribas' Corporate & Institutional Banking services corporate clients and institutional investors offering tailored solutions in financing, cash management, and advisory services to companies via Corporate Banking, in capital markets via Global Markets, and in securities custody and administration via Securities Services. As the asset management arm of BNP Paribas, BNP Paribas Asset Management offers high value-added solutions to individual savers, companies, and institutional investors.

The bank employs nearly 14,000 people and has a presence in the country since the late 1800s in major cities including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver and Washington, DC.

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in65 countries, with nearly 190,000 employees.The Bank offers a comprehensive range of banking, investment and financial services solutions through three main fields of activity: Retail Banking for the Bank's retail-banking networks and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, BNP Paribas helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance.

We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

BNP Paribas. The Bank for a Changing World - [ Link removed ] - Click here to apply to Settlements and Cash Specialist - Analyst

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity