Job Title: AVP -Rates Exotics Trade Support
Department: Markets Operations ( FXMM‑OTCD)
About Business line/Function: The FX MM OTC business line drives the origination, execution and post‑trade processing of all over‑the‑counter foreign‑exchange and money‑market transactions across the bank’s global client base. It delivers end‑to‑end trade lifecycle services—including confirmation, collateral management, DVP settlement and exception handling—while adhering to the highest standards of risk control, regulatory compliance, and operational efficiency. Leveraging a unified technology platform and a worldwide network of clearing partners, the team ensures seamless, timely and secure settlement outcomes that underpin BNP Paribas’s liquidity and pricing capabilities in the FX‑MM markets.
Position Purpose:
The Rates Exo trade support team’s key responsibility is ensuring hundred percent accuracy of the transaction initiated by the trading after execution. In this very specific position in the operation chain trade support will liaise with several teams such as FO, documentation, settlement BO, collateral, PnL reporting factory, anti-fraud, compliance, IT, accounting etc
Our mandate is to transform the post execution chain into a safer process with a harmonized and industrialized platform by increasing efficiency and reducing the operation risk. Our mandate is also driven by the satisfaction of our external and internal clients
Responsibilities
Direct Responsibilities
· The Rates Exo Trade Support officer is directly responsible for all the transactions booked in the Rates front to back chain to ensure trades are accurately booked.
· Trade validation in FO system (MAD & Power) and trade capture/validation in Murex.
· Trade event processing: life cycle event, expiry, unwind, upsize, novation etc
· Risk monitoring, contribute to remediation plan, escalate issues to his management all issues faced
· Strong knowledge on Structured products like Bermudan callable swap, FX swaps & Options, Structured Deposit, Notes. Facility Swap, Range Accruals, cross currency swap etc
· FOBO trade and cash reconciliations.
Contributing Responsibilities
· Participate in continuous‑improvement initiatives (process automation, control enhancements, AI adaptability).
· Support onboarding and knowledge‑transfer within team.
· Able to demonstrate and apply strong risk and control mindset.
· Improve and maintain SLA’s and contribute on KPI/KRI’s.
· Monitor, track and provide feedback on teams BAU performance for junior staff (AM/Analysts)
Technical & Behavioral Competencies
· Positive and dynamic attitude to complying with deadlines and objectives.
· Be able to adapt to the change
· products and market knowledge, and the post execution chain
· Rigorous and organized
· Communication skills and listening skills
· Develop a solution-oriented mindset and team spirit
· Contribute to the global motivation of the team
· Maintain a follow up file updated of the project that the analyst is in charge of
· Demonstrate a proposal mind-set to better serve our clients and improve the quality of our day-to-day tools
· High degree of interest in product and process issues affecting the department.
· Participate in the cross-training program
· Effective time management and ability to prioritize workload and escalate issues to management.
· Have strong interpersonal / communication skills.
Specific Qualifications:
· Bachelor’s degree in finance, Economics or related field.
· Minimum 12+ years in operations preferably in Global market derivative middle office operations.
· 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.
Skills Referential (Required knowledge, skills and abilities)
Technical Skills:
· Ability to understand, explain and support change
· Ability to anticipate business / strategic evolution
· Analytical Ability
Behavioral Skills:
· Ability to collaborate / Teamwork
· Attention to detail / rigor
· Critical thinking
· Resilience
Education Level: Bachelor’s degree or equivalent
Location: Mumbai/Bangalore, India
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, corporate 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.
