Product Manager Asset Servicing

About The Job

• The role sits within our central asset servicing product team, responsible for corporate actions, income, tax, general meetings, class actions and position keeping products across our domestic/direct custody (LC) and global custody (GC) services
• The purpose of the role is to develop Securities Services’ asset servicing solutions for both our domestic and global custody offer, with a focus on corporate events and tax
• This will entail: foster harmonization of our services across local and global custody products and across locations/booking centres, working closely with the process owner; analyse and implement tax changes, both market and client driven, in an effective and efficient way to ensure we create value for clients, whilst avoiding risk for the bank; drive new product implementation initiatives (executed by IT and Operations) to increase our value to clients, innovation, competitive advantage and efficiencies, in collaboration with the process owner team and IT; develop and maintain product collateral (e.g. standard product description, standard scope of services documents, contracts and SLAs); build a product development road-map; develop a pricing strategy for asset servicing
  
  

Your Main Activities Are

• Design asset servicing solutions for our domestic and global custody offer
• Harmonize asset servicing offering across local and global custody products and across locations
• Proactively identifying product development opportunities for asset servicing, building business cases and sponsoring implementation
• Developing and maintaining product collateral
• Maintaining the product road map, planning and agreeing developments with IT suppliers and operations
• Industry watch, sourcing, compiling and interpreting information on pertinent developments within industry bodies and services (the regulators, market depositories and clearers, central banks, consultants)
• Training and support sales, relationship management and client service teams on all asset servicing initiatives
• Direct involvement in certain aspects of the sales process, including clients’ pitch, DDV, and others
• Use asset servicing initiative to improve our profitability
• Review and improve pricing structure for asset servicing to ensure value added services are priced correctly
• Setting pricing guidelines for asset servicing
  
  

Profile And Skills To Success

• Bachelor's Degree in Economics, Finance and Accounting
• At least 5 years of experience within the securities services industry
• Direct experience of asset servicing topics (corporate actions, income or tax)
• Professional experience in Management roles
• Experience with clients’ interaction in a senior role
• Fluent in English, verbal and written
• Commendable presentation skills such as the ability to be confident, assertive and coherent to key stakeholders and clients
• Adaptability and capacity to work with multiple business functions where workloads will be prioritised towards client requirements and business needs
• Methodical approach
• Strong analytical skills and the ability to summarise documentations to clients
• Capable of working and prioritising different subjects at the same time
• Able to work in a virtual environment within a global team
  
  

Why joining BNP Paribas?

• Leading banking institution
  
  

BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.

• Our presence in Portugal
  
  

In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 excellence centres providing value-added services to various countries where the BNP Paribas Group also operates.

• International reach
  
  

Thanks To Its International Presence And Regular And Close Collaboration Among Its Different Entities, BNP Paribas Has The Resources To Support All Clients With Financing, Investment, Savings And Protection Solutions That Help Make Their Projects a Success. BNP Paribas Holds Key Positions In Its Three Core Operating Divisions

• Retail Banking, a division that brings together all the Group’s retail activities and specialised business lines;
• Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services;
• Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.
• Diversity and Inclusion commitment
  
  

BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.

• Commitment towards work/life balance
  
  

At BNP Paribas we care about our employees’ wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.

• Remote Working Conditions
  
  

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices.

To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal

• Please note that only applications submitted in English will be considered.
• In case you are selected for this role, further documentation will be requested to support your hiring process.