Senior Operations Expert Vice President

2 days ago


Jersey City, New Jersey, United States BNP Paribas CIB Full time
About the Role

BNP Paribas CIB is seeking an experienced professional to join our team as a Senior Operations Expert Vice President in Asset Servicing. The successful candidate will be responsible for ensuring the smooth, risk mitigated running of the Asset Servicing function within BNPP's PB business.

This is a strategic business & part of BNPP's strategy to become the number European Prime Brokerage House. The successful candidate will be responsible for driving change projects and providing subject matter expertise into the change portfolio of projects, including both Operations and Front Office led initiatives.

Job Responsibilities:

  • Drive change projects and additional functionalization across processing groups (including Front Office) across Cash PB & Swap products.
  • Offer a level of excellence within Asset Servicing Operations, delivering market best practices in risk monitoring and control, operational efficiency, collaboration (end to end and inter-departmental) and people/culture development; all of which are a key driving focus.
  • Be the primary face off for the internal Asset Servicing functions, providing oversight and risk control across the Business Line.
  • Aid with escalation and complex situations with the ability to coordinate with multiple teams to resolve the issue while passing knowledge for future situations.
  • When necessary, the ability to find both tactical and strategic solutions to any operational issues and formulate the requirements in a formal manner for development.
  • Translates complex asset servicing event information to help identify opportunities for improvements to the service that the Operations team can provide to BNPP PB clients.
  • Aware of any market changes coming in to play that will affect Corporate Action processing, identifies any changes to systems or process that will need to be taken into consideration and implement.
  • Participates in Market forums where permitted and share content with colleagues and management.
  • Work closely with AS Client Service group to identify trends/pain points impacting Clients; identify required system enhancements and help close knowledge gaps to improve Client experience.
  • Builds and maintains excellent working relationships with internal partners.
  • Provides technical support to the process line on a daily basis; takes the lead in decision making and approach where problems are more complex and require sophisticated analysis or experience. Acts as a point of escalation for more junior staff.
  • Ensure the team processes the asset servicing functions within company procedures, guidelines and expectations.
  • Runs a regional risk review forum reviewing all risk factors surrounding in-flight events, prepare and send minutes to Risk and Senior Management.
  • Performs process reviews proactively, identifying areas where risk may reside in the process and implement controls and adjust procedures to mitigate future occurrence.

Benefits:

  • Comprehensive benefits package, including medical, dental, and vision coverage.
  • 401(k) Savings Plan and other retirement plans.
  • Backup childcare, life, accident, and disability insurance.
  • Mental health support and paid time off.


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