Transitions Coordinator

1 week ago


Glasgow, Glasgow City, United Kingdom BNP Paribas Full time
TRANSITIONS COORDINATOR (

FIXED TERM CONTRACT UNTIL EOY JOB NUMBER: 32514)

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.
The Business Implementation & Transformation Dept.

(BI&T) is responsible for the on-boarding, transition and evolution of clients and our business across all products/services booked in the UK & ME region.

This has two core pillars, being, (i) implementing new business and (ii) evolution of our business.

The department is split into 4 core functions:
Client Implementation, Transformation, Chane and Transition.


The main function of the department is to coordinate transitions activities for our BSO business line (Global Custody), or our IFSO business lines (Middle Office & Fund Accounting); liaising with clients and ensuring all operational setup is in place for any transition events.

The activity undertaken within the team is focussed on UK clients, but for some global clients we maintain a global relationship and engage with other locations.


Our aim is for our team to be migration experts in their respective areas, acting as event owners for any particular event and ensuring e2e coordination and successful completion and handover to BAU.


  • The day to day work for the team focuses on both Product Enablement and Account Lifecycle type changes:
  • Planning and pipeline management
  • Coordination of event static with relevant IOC teams
  • Account life cycle management
  • Instruction and coordination of transition activity, liaising and coordinating with all internal teams and clients
  • Update of core platforms
  • Pre live checks
  • Post event management & handover to BAU
  • The following main events are managed by our Transitions Team for both Custody & IFSO activities:
  • New fund launches & account opening / terminations and closures
  • Market opening and closing
  • Asset transfers and lifecycle events
  • Fund setup in relation to more complex events that may be managed e2e by a Senior Coordinator

This activity will occur for the following scenarios:

  • Vanilla / Existing fund types
  • Existing Product
  • Existing Asset Type
  • Existing Operating Model
  • No Legal Impact
  • No commercial impact

Key Responsibilities

  • Client Service Delivery and Controls
  • To ensure a high quality client service is delivered to all clients and overall event ownership within BNP Paribas for transitions activities
  • Ensure the service level provided adheres to the client service delivery agreements
  • Build strong, professional relationships with clients and be an ambassador for BNP Paribas
  • Develop internal stakeholder relationships with the wider team and all key stakeholders
  • Continuous Improvement & New Business
  • Generate ideas for improvements to systems and processes in support of client requirements and our organisations 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 & challenge status quo within the governance and framework of our change program.
  • Risk Management
  • Ensure adherence to the risk and control framework
  • Ensure compliance and adherence to the department procedures and control framework.
  • Support business contingency plans as required
  • Ensure internal controls are followed to mitigate operational risk
  • Contribute towards external audit/compliance/risk requirements
  • Budget Management
  • Ensure all time tracking and pipeline management activities are completed to accurately manage time tracking
  • Ensure any activities flagged outside of SLA are raised

The Requirements

  • Essential
  • Understanding of Securities Services business (either in a middle office or custody capacity)
  • Strong risk management awareness
  • Accuracy and meticulous attention to detail
  • Involvement in change initiatives
  • Strong client service skills
  • Decision making skills
  • Taking initiative
  • Adaptability
  • Team work
  • A high level of pragmatism and common sense are key
  • A high level of accountability and ownership are vital
  • Pref

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