About the job

•    The Settlement Account Manager works within the Securities Transaction Management Department and is responsible for the processing and follow up of the main processes which include pre & post settlement activities, clearing, relevant legal documentation, transaction and event-related accounting for securities deemed in scope. In the scope of these activities, the Officer interacts with several internal departments, external counter parties and entities

Your Main Activities Are

• Rigorous management of the client transactions by monitoring pending/failed instructions, detecting errors/discrepancies and providing accurate information to clients either via email or phone in accordance to agreements in place
• Develop a deep knowledge of the clients specificities, market requirements, internal processes and tools
• Ensure client specificities databases and internal procedures are known and updated
• Ensure that the checklist’s tasks are duly executed, in line with internal procedures and market rules and/or guidelines therefore mitigating settlement costs and operational risk
• Communicate effectively with Clients and provide support on the daily activities, ensuring a close follow-up on any pending investigation
• Contribute to the overall successful running of the Settlement Department whilst respecting BNP Paribas rules and guidelines in terms of Compliance, Risk and Conduct
• Report and/or escalate any sensitive or risky situation to the management

Profile and Skills to Success

• Bachelor Degree in Economics / Finance / Accounting / Management or other related
• Up to 2 years of relevant experience            
• Advanced level of English, both written and oral
• Knowledge in MS Office Pack
• Attention to detail / rigor
• Ability to collaborate / teamwork
• Ability to deliver / results driven
• Analytical ability
• Communication skills, both written and oral
• Client focused

About the job

• Within the Banking Operations Department we assist our clients in completing the transactions they execute in the markets worldwide and we provide custody related services to the assets they deposit with us. We operate all asset classes – equities, bonds, mutual funds, investment funds, listed derivatives, OTC derivatives and cash – and provide them access to close to 100 markets worldwide. By perfectly mastering the local regulatory, tax and legal environment, we help our clients to overcome the complexities of the global capital markets

Your Main Activities Are

• Rigorous management of the client/market counterparty’s (CSD’s, CCP, among others)  transactions by monitoring pending/failed instructions, detecting errors/discrepancies ensuring the settlement of the transactions in accordance to agreements in place
• Develop a deep knowledge of the clients/markets (CSD’s, CCP, among others) specificities, market requirements, internal processes and tools
• Ensure client/market players (CSD’s, CCP, among others)  specificities databases and internal procedures are known and updated
• Ensure that the checklist’s tasks are duly executed, in line with internal procedures and market rules and/or guidelines therefore mitigating settlement costs and operational risk
• Communicate effectively with Clients/market counterparty’s (CSD’s, CCP, among others) and provide support on the daily activities, ensuring a close follow-up on any pending investigation
• Contribute to the overall successful running of the Department whilst respecting BNP Paribas rules and guidelines in terms of Compliance, Risk and Conduct
• Report and/or escalate any sensitive or risky situation to the management

Profile and Skills to Success

• University Attendance in Economic / Financial area of studies
• Up to 2 years of relevant experience
• Fluent (C1-C2) English level 
• Ability to collaborate/Teamwork
• Attention to detail/rigor
• Ability to deliver/Results driven
• Client focused
• Communication skills – oral & written
• Analytical Ability
• Skills Office Pack Microsoft Excel

#LI-Hybrid

Why joining BNP Paribas? 

Leading player in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe 

The Group holds key positions in several areas of banking and financial services that are structured around three operating divisions: 

In Portugal since 1985, BNP Paribas today has more than 9.220 employees, distributed across the Group’s 10 business entities established in the country. Its presence also extends to 11 centres of expertise providing value-added services to various countries where the BNP Paribas Group also operates.

BNP Paribas ´ambition is to cultivate an open and responsive environment for all that encourages collaboration and interaction. We demonstrate our commitment by actively contributing to the Group’s Diversity and Inclusion strategy and goals, in line with the United Nations Sustainable Development Goals. As part of our local Corporate and Social Responsibility – Diversity & Inclusion strategy, BNP Paribas Portugal is committed to:

To foster the effort of BNP Paribas Portugal, multiple initiatives and events take place throughout the year where our people can find out more on the importance of diversity inclusion at the workplace and in our society.

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working options adapted to our hybrid working environment. To ensure a comfortable and efficient working setup, eligible employees are provided with both office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional items at reduced prices. 

Supporting employees in a hybrid way of working while providing them with the means to maintain a work-life balance is an essential dimension of our Smart Working program. At BNP Paribas, we care about our employees’ wellbeing and promote a culture of good integration between work and personal life. 

To find out more on why you should join BNP Paribas please read our Employee Value Proposition and our Career path page.

* 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.

Why joining BNP Paribas?

· Leading banking institution

BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.

· Our presence in Portugal

In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Group’s 10 business entities established in the country. Its presence also extends to 11 excellence centers providing value-added services to various countries where the BNP Paribas Group also operates.

· 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:

• Retail Banking, a division that brings together all of the Group’s retail activities and specialised business lines;
• Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services;
• Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.

· 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/paternity, 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.

· Commitment towards work/life balance

At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.

· Remote Working Conditions

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices.

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.