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.
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 specialised 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
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.
About Business line/Function:
Product Control is part of COCE (Client Operating Centre of Excellence), performing multiple Middle Office functions. Product Control have 6 verticals - P&L and Valuation Controls, OTC Trade Validation, Securities Trade Validation & Documentation, OTC Documentation, Trading & Portfolio Control and Position Management. Team works very closely with Trading, Sales, Business Managers and various FtB teams like Back Office, Regional Finance and COO community.
Job Title:
Associate Level 1/Senior Associate
Date:
May 2025
Department:
ISPL Documentation team
Location:
Bengaluru
Business Line / Function:
Global Markets
Reports to:
(Direct)
Team Lead
Grade:
(if applicable)
TBD
(Functional)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
Global Markets Documentation
The officer will be a part of the Chasing and Matching team for Foreign Exchange, Money Market instruments
Responsibilities
Direct Responsibilities
Chasing and Matching Team:
The Chasing team is responsible for ensuring that all BNP Paribas confirmations are
retrieved from clients executed for Interbank and Corporate Clients. The team covers a wide range of products traded by the Trading desks such as Vanilla products and the more complex Structured trades. The Chasing team is also responsible in resolving any Litigation that clients may raise upon receipt of the BNP Confirmation.
This will involve investigating the issue and liaising with internal teams such as FO, Trade Support, Drafting team, Local back Office, Legal depending on the type of Litigation raised until resolution.
- Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls
- Responsible for timely and accurate matching of SWIFT confirmation
- Working knowledge of MT 300, MT 320, and third party platforms like Mysis and GTSS
- Ensure appropriate escalation to management as soon as an issue is identified.
- Ensure that documentation controls are done daily, comments detailed clearly, and be responsible for reliability of records
- Ensure set KPIs are met
- Play a Role in Project Management
- Prepare KPI file as per set frequency
- Support decision making process by performing data analysis
- Periodically revisit existing KPIs to make it more robust for the betterment of the process
- Ensure quality assurance by performing spot checks & maintenance of internal error log.
Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls
Ensure appropriate escalation to management and/or permanent control (or compliance as appropriate) as soon as an issue is identified.
Ensure that documentation controls are done daily, comments detailed clearly, and be responsible for reliability of records
Ensure set KPIs are met
Contribute to the quality of the team by:
- keeping personal training up to date
- highlighting processing improvement opportunities
- assisting in the training of new entrants
- · Experience in OTC Derivatives
Technical & Behavioral Competencies
Technical competencies
- · Computer skills is highly a must
- · Fluent English
- · Preferably experience in Matching of trades in SWIFT
- · Time Management
- Basic understanding of OTC products
- Ensure accurate completion of drafting tasks within the internal service level agreements, client requirement and regulatory timelines
Behavioral Competencies:
- · Organized & good resistance to stress
- · Attention to detail: the confirmation is the ultimate document which bind the bank with the counterparty, 100% correct is non-negotiable
- · Self-discipline & autonomy: Each team member has its own portfolio of clients, which need to be managed efficiently. Ability to work on its own with little supervision.
- · Adaptability & Change Management: Ability to easily adapt to new situations (new booking systems, new products, new activities to manage…) as this is a constant changing environment
- · Strong Client Focus: Client is at the center of all our concerns..
- · Escalation & Reporting process: all team members need to closely follow escalation rules in place with all different stakeholders. Comply with relevant regulatory targets e.g CFTC,EMIR targets. Being able to efficiently raise to manager issues encountered on a daily basis, even if those are not forecasted in existing processes
Specific Qualifications (if required)
·
- · Bachelor or Master Degree on Economics, Mathematics or Finance.
- · Fluent in English (both oral and written communication)
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Attention to detail / rigor
Ability to deliver / Results driven
Client focused
Attention to detail / rigor
Communication skills - oral & written
Transversal Skills: (Please select up to 5 skills)
Analytical Ability
Ability to understand, explain and support change
Ability to inspire others & generate people's commitment
Ability to anticipate business / strategic evolution
Transversal Skills: (Please select up to 5 skills)
Education Level:
Bachelor Degree or equivalent
Experience Level
At least 2 years
Other/Specific Qualifications (if required)
NA
