Payments Processing - Chennai, India - BNP Paribas

BNP Paribas

Verified Company

Chennai, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

PAYMENTS PROCESSING - ASSOCIATE LEVEL 1 (

JOB NUMBER:
ARP000427)

About BNP Paribas Group:
BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost employees.

The Group ranks highly in its three core areas of activity:

Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centered on corporate and institutional clients.

The Group helps all of its clients (retail, associations, businesses, SMEs, large corporate and institutional) to implement their projects by providing them with services in financing, investment, savings and protection.

In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach.

With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center.

We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.

About Businessline/Function:

GPCO (Global Payments & Cash Operations) Team is a cash management-processing center, operating from Mumbai and Chennai. The team supports a full range of payment services (Domestic and International products) across APAC & EMEA regions

Business Line / Function
GPCO - PAYMENTS & INVESTIGATIONS

Reports to

Hierarchical

Team Leader_

Grade

(if applicable)
Associate Level 1

Functional

Team Leader_

Number of Direct Reports
Nil

Directorship / Registration

Position Purpose

To manage payment queries from clients, internal departments and banks, and perform control over transaction processing performed by remittances team.

To be compliant with alert management keeping in par with guidelines and policies

Responsibilities

Direct Responsibilities

1.

QUERY MANAGEMENT:

Handle all tasks engaged in processing incoming & outgoing payments to ensure operational delivery for Europe sites.

Handle processing under its responsibility according to management guidelines & procedures in order to ensure operational delivery:

Handle electronic and manual transactions received for banking & technical reasons
Ask authorization to verify the cases or for follow up on the pending cases till completion
Chase up for reply from the CS or MO of the concerned affiliated site

2. OPERATIONS RISK MANAGEMENT**:
Maintain control over daily transactions. Implement and monitor control plans and pay attention to risk related areas in operations.

3.

COMPLIANCE:
Ensure adherence to internal guidelines, compliance, screening, legal and regulatory aspects by the team members.

Contributing Responsibilities

1.

OPC:
Contribute to the Operations Permanent Control framework

2.

CUSTOMER SERVICE:
Monitor turn around times, and operational efficiency. Resolve customer queries and maintain clear communication with onshore counterparts

3. CLIENT RELATIONSHIP MANAGEMENT**:
Support Middle Office to address ultimate client needs and resolve customer complaints if any.

4. INFORMATION MANAGEMENT**:
Supervise preparation and submission of MIS and reports to management as required and disseminate information to the Team

5.

SWIFT knowledge:
Should have good knowledge on SWIFT related payments and messages like MT103/202/910 etc.

Technical and Behavioral Competencies required

TECHNICAL COMPETENCIES REQUIRED:

Familarity with Back Office Operations, Processes and systems.
Knowledge on various regulations connected with Banking Operations.
Operational Risk awareness
Knowledge on Banking Law & Practice
Product Knowledge on Cash Management

BEHAVIOURAL COMPETENCIES REQUIRED:

Communications Skills
Networking & Logistics Management
Interpersonal & Team Building Skills
Results Driven
Taking Initiative and Risk Management Skills
Client Focus and Decision Making Skills

Experience and Qualifications required

Experience:
Minimum 1.5 year

Qualification:
Bachelor Degree and /or Master Degree

Bachelor degree or equivalent.

Primary Location:
IN-TN-Chennai

Job Type:
Standard / Permanent

Job:

OPERATION PROCESSING

Education Level:
Bachelor Degree or equivalent (>= 3 years)

Experience Level:
At least 2 years

Schedule:
Full-time