Product Features
Blog
Contact Us
Sign In
BNP Paribas
,
Glasgow, City of Glasgow
Assistant Manager - Trade Management (FTC)
Overview
Job Description
BNP Paribas Securities Services is a multi-asset servicing specialist with local expertise in 35 markets around the world and a global reach covering 90 markets. This extensive network enables us to provide our institutional investor clients with the connectivity and local knowledge they need to navigate change in a fast-moving world. As of 30 September 2019, BNP Paribas Securities Services had USD 11.491 trillion in assets under custody, USD 2.759 trillion in assets under administration and 10,491 funds administered. The Role The key function of the role is to manage the day to day production activity of a team within the department ensuring client commitments are met. You will also support the team manager in managing all aspects of team performance including line management of staff as agreed with the line manager and check and oversee the work of team members. The Team The Middle Office department core function is to provide administration activities which support our clients start of day position. The department exists to provide our clients with a middle office trade management services to capture, match, settle and report all trading activity on their behalf. A key aspect of the role is to ensure that all trades are reflected correctly for accounting purposes as well as manage 3rd party broker and custodian relationships The trading activity supported trade management is as follows: Matching, settlement and reconciliation of Securities FX and money market products; FX requirements relating to share class hedging, asset hedging and cash management. The Cash Processing team form part of the Treasury department and is responsible for reflecting cash postings on our accounting platform for delivery to our clients. They are also involved in instructing cash payments via SWIFT. Key Responsibilities: Client Service Delivery and Controls To ensure a high quality client service is delivered to all clients. Ensure the service level provided by the team adheres to the client service delivery agreements. Ensure adherence and development to core standard operating models. Provide support for marketing and client development and be an ambassador for BNP Paribas.