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 Businessline/Function :
Global Markets is BNP Paribas’ capital markets business within the Corporate & Institutional Bank (CIB), delivering solutions across asset classes, and industry-leading services for clients including Institutional, corporates, private banks and retail distribution networks.
Global Markets encompasses three global business lines: Macro, Global Equities and Global Credit. Prime Services, as part of the Global Equities business line primarily focuses on facilitating effective ways to raise and invest capital as well as manage their exposure to risk for their clients.
Prime Services combines the historical strength in traditional Prime Brokerage services providing the following business offering (Financing, Prime Brokerage Services, Risk Management and Execution) – top rated in Securities Lending, Client Service, Capital Introduction and more – with the innovative DNA of the Equity Derivative franchise. This combination allows us to anticipate client needs and develop solutions to the problems they face.
Job Title:
Product Development (Assistant Manager / Manager)
Date:
06/01/2025
Department:
Global Market Equity / Prime Finance
Location:
Mumbai
Business Line / Function:
PRIME SERVICES - Product Development
Reports to:
(Direct)
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
Directorship / Registration:
NA
Position Purpose
Provide a brief description of the overall purpose of the position, why this position exists and how it will contribute in achieving the team’s goal.
Main Objectives and Purpose:
The role proposed is for the Product Development team within Prime Services, including Cash Prime Brokerage with initial focus on Asia Pacific.
The successful candidate will work with the wider global team and internal client facing teams together with technology on product enhancements, re-engineering of the existing business processes and responding to client demand, in line with the evolving regulatory environment.
Specific responsibilities are listed below:
Responsibilities
Direct & Contributing Responsibilities
· · Develop product enhancements and re-engineering existing business processes. Work closely with IT for new development and workflow enhancements
· Contribute to Platform projects and tasks supervised and supported by Product Development management
· Provide strategic solutions based on changing business requirements
· Work with key stakeholders for a front to back impact assessment, understand the hedge cases scenarios and support issues resolution throughout the delivery
· Coordinate client-specific requests and enhancements
· Propose solutions to existing manual process and control gaps, working with operational and IT teams for implementation
· Act as a subject matter-expert and leverage domain expertise to develop innovative solutions
Technical & Behavioral Competencies
· Post-Graduate degree in finance or engineering
· 3-5 years of exposure to the finance industry, a good understanding of hedge fund industry
· Previous experience in a product management team and Prime Services context, including cash PB
· Excellent communication skills (written and verbal), comfortable working with various groups at all levels in the organization including sales, trading, technology, legal and client management
· Inquisitive and attention to details is a must with the ability to undertake several issues simultaneously
· Agility and collaborative spirit, with ability to work in autonomy
· Efficient work style, self-driven, good organization skills and ability to work within challenging targets
· Strong knowledge of the Office tools mainly Microsoft Excel, Word and Power Point
Specific Qualifications (if required)
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Ability to collaborate / Teamwork
Client focused
Communication skills - oral & written
Choose an item.
Transversal Skills: (Please select up to 5 skills)
Analytical Ability
Ability to develop and leverage networks
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Choose an item.
Choose an item.
Education Level:
Bachelor degree.
Experience Level
Atleast 5 years
Other/Specific Qualifications (if required)
