Job Title: Assistant Manager
Department: Real Asset – Alt Credit
About Business line/Function: The Real Asset team will focus on Securitized & Structured Assets (SSA) Portfolio Management Support; Insurance Linked Securities (ILS) - Portfolio Data Analytics; Corporate Credit (CC) - Leverage Loan Fund Reporting; Credit (CC) – Leverage Loan Database Management; specifically in support of Structured Finance functions.
The Alternative Credit Insurance Linked Securities team provides critical operational and analytical support to the Insurance Linked Securities (ILS) team, focusing on management of the Ouranos database and execution of natural catastrophe modeling via Touchstone Re.
Position Purpose: The successful candidate will be responsible for the end-to-end lifecycle of CAT bonds, including price collection, instrument creation, risk metric re-computation and collateral monitoring. They will also be an experienced manager driving process improvements with a collaborative management style and ability to create a positive team environment.
Responsibilities
Direct Responsibilities
- High level of precision in data entry and ability to spot discrepancies in complex financial documents
- Ability to extract complex information from offering circulars and translate it into structured data
- Oversight and accountability for day-to-day processing of the team, ensuring excellent client service and risk management
- Ability to consistently handle cyclical workloads and meet deadlines during peak issuance periods
- Compliance with local and global regulations and market standards
- Developing team members and creating an environment that encourages innovation and supports personal growth for team members
- Developing and maintaining relationships with key stakeholders
- Compilation of monthly statistics to manage the business, ensuring KPIs are met or remediation plans are in place
- Ensure any deviation from our standard operating models are formally agreed internally and documented with the onshore oversight location
Contributing Responsibilities
- Maintain and manage the internal database for Alternative Credit ILS
- Gather and report weekly and monthly pricing data provided by brokers.
- Instrument Creation: Set up 40–50 new instruments annually and primarily during peak issuance windows
- Utilize Touchstone Re to run natural catastrophe models and validate results
- Upload Value at Risk (VaR) data from Touchstone Re into Ouranos database
- Analyze offering circulars to extract relevant data and convert into standardized Excel formats
- Regularly update market portfolios within Touchstone Re
- CAT Bond Resets: Perform re-computation of risk metrics for approximately 140 active market deals using Touchstone
- Review monthly collateral reports via Intralinks for Liquidity Class 1 deals and update Ouranos accordingly
- Ad-hoc Support: Execute miscellaneous tasks as requested by the ILS team based on capacity
Technical & Behavioral Competencies
- Analytical mindset with the ability to perform control checks, investigate discrepancies and escalate appropriately
- Advanced Excel (pivot tables, Power Query, VBA) and strong data-management experience
- Ability to liaise with multiple internal and external parties
- Strong organisational and attention-to-detail orientation; capable of managing competing deadlines
- Ability to investigate data gaps independently and escalate issues only after thorough investigation
- Very rigorous and strong organizational competencies
- Taking initiatives & service-orientated mentality
- Excellent interpersonal skills and good listening skills
- Determined to facilitate situations in-order-to achieve results
- Shift timing – 12:30 PM IST to 10:30 PM IST (09:00 AM to 07:00 PM Europe time)
Specific Qualifications:
- A previous experience in a similar role is mandatory
- Strong understanding of Insurance Linked Securities
- Proficiency with applications - Bloomberg, Touchstone and advanced Excel
Skills Referential (Required knowledge, skills and abilities)
Technical Skills:
- Advanced Excel (pivot tables, Power Query, VBA) and strong data-management experience
- Ability to investigate data gaps independently and escalate issues only after thorough investigation
- Analytical mindset with the ability to perform control checks, investigate discrepancies and escalate appropriately
Behavioral Skills:
- Excellent interpersonal skills and good listening skills
- Very rigorous and strong organizational competencies
- Determined to facilitate situations in-order-to achieve results
Education Level:
- Degree qualified in Business, Finance, Accounting or related discipline is preferable.
- Having market related qualifications such as CPA, CFA qualifications
Location: Chennai/ Mumbai
About BNP Paribas Group:
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.
Commitment to Diversity and Inclusion
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
