Senior Account Officer/ Assistant Account Manager, Local Clearing and Settlements

BNP Paribas offers you an exciting career opportunity in an international, challenging business environment characterized by high pace and diversity with focus on creating valuable relations with our customers. We offer a competitive salary & benefits package and also an excellent work environment where you’re valued as part of our team!

In a changing world, BNP Paribas Securities Services is a leading global custodian and multi asset securities services provider, backed by the strength and solidity of a universal banking group. Our mission is to protect and secure assets for all participants of the investment cycle: buy-side, sell-side and issuers.

BNP Paribas Securities Services has offices in eight locations in Asia Pacific: Singapore, India(Mumbai and Chennai), Hong Kong, Beijing, Malaysia, Japan, Australia and New Zealand.

BNP Paribas Securities Services is now looking for a new Senior Account Officer / Assistant Manager, Local Clearing and Settlements. This is a newly created role due to the rapid expansion of the business and the post holder will be responsible for assisting all functions within the team from BAU daily operations to various projects including system enhancement. A successful candidate will also work closely with Relationship Management team on client implementation.
Key Responsibilities include:
  • Trade monitoring through liaising with Clients & Counterparties
  • Fails management to minimize buy-in risks
  • Act as a single contact point to liaise with clients to process instructions and resolve issues
  • Process stock borrowing requests from client
  • Manage ON-Exchange/OTC stamp duty payment
  • Monthly MIS reporting and invoicing
  • Review Operational procedures and Client SLA review
  • Support testing Market Rehearsal, BCP and Drill from time to time
  • Job Rotation to support Morning/ Night shift for SH-HK Stock Connect
  • Participate on UAT and system enhancement
The ideal candidate is someone highly motivated as he/she will be responsible for covering all Clearing and Settlement activities and will also be acting as the main contact point for our key clients. Given the direct exposure to the key clients, having excellent communication skills with client focus mindset is vital.

We appreciate candidates that are proactive and can work independently with minimal supervison in a multicultural environment with excellent teamwork spirit. Being meticulous and result oriented are also important for this position. Since the scope of the service covers different spectrum of activities, time management is crucial for this role as well.

Qualifications and Experience :
· Degree Holder
· Hands on experience on process back to back activities
· Solid background on the Hong Kong market (Clearing and Settlement)
· Knowledge of Shanghai-HK stock connect market (Clearing and Settlement)
· At least 3 years of experience in the Custody, Clearing and Settlement activity are required
· Good Swift knowledge
· Stamp Duties Knowledge
· Master with Local market systems - CCASS (C3T) / CMU (eCMT)

Personal Qualities:
· Strong communication skills
· Work independently with minimal supervision
· Fluent in English
· Demonstrates commitment, initiative , drive and energy to continually improve and enhance processes
· Flexibility to adapt to changing environment; multitasking is essential
· Self-motivated with a strong sense of initiative
· Good Team player
· Client focused

Other Value-added Competencies :
· Knowledge of Third Party Clearing (TPC) or Account Operator model (AO)
·K nowledge of Participant Gateway (PG)
· Knowledge of physical certificate handling, ADR, Cross border transfer
· Knowledge of Project Management experience is a plus
· Strong skills of Excel Macro and MS office tools is a plus
Hong Kong Hong Kong Hong Kong HK