Assistant Vice President for Global Markets Operations (FXMM Settlements)

FXMM Derivative Back Office is responsible for the day-to-day settlement for Derivative products and Money Market. Team operates in close collaboration with marketers, sales and other internal function teams (APAC & EMEA..) to offer client-first post trade services. Team member is generally assigned with two or three Markets.

We are looking for a highly motivated and experienced FXMM & OTC Derivatives AVP to join our BNP Operations team. In this role, you will be responsible for 25% people Management and 75% BAU working day-to-day operations of our FXMM and OTC derivatives business, ensuring that all trades are- processed are efficient, accurate, and compliant with regulatory requirements.

Key Responsibilities:

• To Process payment for Value date and Value date -1, ensure all the payment are cleared. 
• To Create Manual Payment and able to Authorize High value payment from SWIFT Alliance
• Have knowledge about MT103, MT202 Payment and MTMX Messages.
• Ensure that all Corporate/Inter-bank trades are processed and approved in a timely manner
• Trade Settlement with onshore/offshore clients
• Review critical control reports for manual settlement or processing;
• Perform EOD reconciliations
• Cash management related with funding trades
• Troubleshoot potential operational problems and resolve issues
• Assist with other staff members in the daily operation requirements
• Ensure compliance with regulatory requirements and internal policies and procedures
• Develop and maintain strong relationships with internal stakeholders, including traders, sales, and risk management
• Monitor and analyze key performance indicators to identify areas for improvement and drive operational excellence

Qualifications:

• Minimum of 12 years of experience in operations, with at least 5 years in Foreign Exchange and Over-the-Counter derivatives 
• Must have an experience managing teams of at least 5  people
• Excellent knowledge of products and processes  FXMM and OTC derivatives
• Strong understanding of regulatory requirements and risk management principles
• Excellent analytical and problem-solving skills
• Strong communication and interpersonal skills, with the ability to build relationships with internal and external stakeholders
• Ability to work in a fast-paced, high-pressure environment
• Experience with operations technology and systems is a plus
• Bachelor's degree in finance, economics, or a related field