Investment 2020 - Middle Office Administrator

**Trainee - Middle Office Administrator - Asset Servicing - Glasgow - 12 Month Fixed Term Contract**

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.

We are proud to** **be part of the Investment20/20 Trainee Scheme. Joining us as a trainee means you will become part of one of the strongest banks in the world with one of the largest international networks. We strive to recruit and develop the best people at all levels, and are offering a one year placement within our Securities Services business to those seeking to enter the financial services sector.

The programme offers an excellent opportunity to gain hand's on experience and will give you the chance to experience a full-time role in one of our business lines or functional areas. From the outset, you will be contributing to the output of your team, taking responsibility and working with leading professionals.

**The Role**:
Securities Services is a leading global custodian and securities services specialist that provides multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers.

The Middle Office Department exists to provide administration activities which support our clients start of day position. This support includes:

- Client Reporting
- Derivatives Processing
- Reconciliation
- Trade Processing
- Treasury
- Income
- Corporate Actions
- Cash Management

The Asset Servicing Department within Middle Office exists to provide administration activities which support, identification and processing of income / corporate action events for UK & overseas investments for institutional investors, across various asset types, including bonds, equities and CFD’s, ensuring accurate feeds to the accounting platform for the purpose of NAV and Start of Day deliveries.

This support includes:

- Event Capture
- Event processing with accurate and timely settlement
- Cash and Stock Reconciliation
- Client, Broker and Custodian Reporting

The department is responsible for the above client service in relation to securitised products including equities, bonds and unit trusts.

**Main duties will include**:
Client Service Delivery and Controls
- Ensuring a high-quality client service is delivered to all clients, including mailbox management.
- Ensuring the service level provided by the team adheres to the Client Service Delivery agreements including strong understanding of department KPIs and where the team have a direct impact of NAV/SOD.
- Ensuring adherence to core standard operating models.
- Building strong, professional relationships with clients and be an ambassador for BNP Paribas.
- Developing internal stakeholder relationships with the wider team as well as general business support.
- Supporting external counterparty relationships e.g. Brokers, Custodians & Industry bodies including proactive updates to TPRM log and support to TPRM and TPRM rep community to ensure accuracy of performance feedback.

Continuous Improvement & New Business
- Generating ideas for improvements to systems and processes in support of client requirements and BNP Paribas Corporate and Institutional Banking objectives. Supporting the development and implementation of such improvements.
- Innovating & challenging status quo within the governance and framework of our change program.
- Provide administrative support and help improve the productivity of the department.

***Risk Management
- Ensuring adherence to the risk and control framework is applied effectively & efficiently within the team.
- Adhering to the effective and robust governance structure is in place for the team.
- Ensuring compliance and adherence to the department procedures and control framework.
- Supporting business contingency plans as required.
- Ensuring adequate internal controls are followed to mitigate operational risk.


Strategy and Governance
- Contributing to raising the profile of the UK branch of BNP Paribas Corporate and Institutional Banking.

Key** **Stakeholders***

Internal cross functional teams.
- External clients.

Essential:

- Good team working skills
- Strong communication skills
- Good interpersonal skills
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