Associate Level I - OTC Transaction Management

Job Description – OTC Transaction Management

Job Title:

Associate /Associate Level 1

Date:

08/01/2025

Department:

MFS-OTC  

Location:

Chennai, CP2

Business Line / Function:

MFS OTC DERIVATIVES PARIS – (TMS) 

Reports to:

(Direct)

Grade: 

(if applicable)

Associate or associate level I

(Functional)

Assistant Manager

Number of Direct Reports:

NA

Directorship / Registration:

Position Purpose

Due to an attrition in the team, we would like to replace an FTE for carrying on with the daily BAU activities which is required for the team to serve the betterment of services to the clients.

Responsibilities

Direct Responsibilities

-   Providing trade notifications to third parties such as fund trustees.

-   Resolving trade-related exceptions.

-  Liaison with the Counterparties and settling the cash flows

-  Liaison with the Paris OTC hub team, internal teams to resolve the breaks / queries.

-  Processing OTC Derivative trades in internal systems manually.

-  Providing trade notifications to third parties such as fund trustees.

-  Resolving trade-related exceptions and investigate them until closure.

-  Liaison with the Counterparties and settling the cash flows

-  Liaison with the Paris OTC hub team, internal teams to resolve the breaks

-  Process accurate Trade booking on Global basis within given deadlines.

-  Interact with both internal and external parties to resolve trade booking issues and queries.

-  Query resolution in accordance with time frames set out in Client SLA’s.

-  Handle exceptions/breaks and investigate thoroughly before feeding the prices to downstream teams.

-  Resolve trade booking issues in a timely basis.

-  Ensure all errors/break down of procedure are documented as per BNP Paribas policy.

Contributing Responsibilities

-   Escalating exceptions to appropriate processing team for resolution.

-   Reporting of exceptions in line with internal control and external client requirements.

-  Contributing to the team success.

Technical & Behavioral Competencies

·       Proficient in Microsoft Office Applications and strong MS Excel skills required. Thorough understanding of all Derivative product classes

·       Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.

Specific Qualifications (if required)

• Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.
• Identify Operational Risk Areas within the Client Business Revenue Process.
• Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines
• Proficient in Microsoft Office Applications and strong MS Excel skills required.
• Query resolution in accordance with time frames set out in Client  SLA’s
• Work with the Vendors and other parties to capture OTC trades.
• Resolve trade booking issues in a timely basis.

Skills Referential                                                             

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Communication skills - oral & written

Adaptability

Ability to share / pass on knowledge

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and adapt a process 

Choose an item.

Choose an item.

Education Level: 

 Master Degree or equivalent

Experience Level

At least 1 year

Other/Specific Qualifications (if required)

Product Knowledge 

OTC – Swaps (IRS, CDS, CDX, Overnight Index, Inflation and Total Return), 

      Swaptions,Options.CFD