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 :
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:
Senior Associate/
Assistant Manager – EQD Drafter
Date:
2024
Department:
COCE Product Control
Location:
Bengaluru
Business Line /
Function:
COCE Product Control
Reports to:
(Direct)
Head of Team
Grade:
(if applicable)
NA
(Functional)
NA
Number of Direct
Reports:
NA
Directorship /
Registration:
NA
Global Markets Documentation
The officer will be a
part of the confirmation drafting team for Foreign Exchange, Money Market,
Equity Derivatives, Credit and Interest Rate Derivatives and Commodity
trading (power, gas, oil, precious metals).
Responsibilities
Drafting Team:
The Drafting team is
responsible for ensuring that all BNP Paribas confirmations are
Dispatched to clients
i.e 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 Drafting team is
also responsible to perform final verification of the trade economics before
dispatching the final confirmations to counterparts.
The team works closely
with other Trade Processing teams, legal teams and Front Office to ensure
timely communication for any booking discrepancies, template issues and
outstanding confirmations.
· 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 as soon as an
issue is identified.
· Ensure that documentation controls are done daily,
comments detailed clearly, and be responsible for reliability of records for
EQD Derivatives
· Ensure set KPIs are met
· Play a Role in Project Management
Contributing
Responsibilities
Continuous Control &
Improvement:
- Continuous review of processes and controls ensuring
we minimize the Operational Risk to BNP Paribas.
- Contribute to the Permanent Control framework
Projects
· Participate to global
projects related to any Documentation processes improvements.
· Play a key Role in
Project Management
Key results areas:
· Process Alignment
· Capacity to handle
analysis/ continuous improvement/light touch projects
· Transversality of the
global setup
Technical & Behavioral Competencies
Technical competencies :
- Fluent
English
- ISDA
definitions & templates
- Front
to back workflow
- Risk
Management
- Strong
analytical skills
- Ability
to innovate
- Strong
team player and strong problem-solving mindset as well as
client-oriented
- Advanced
proficiency in Excel & presentations
Behavioral Competencies
:
- Organized & good resistance to stress
- Attention to detail
- Ability to prioritize workloads & use a
proactive approach to meet deadlines
- Self-discipline & autonomy
- Adaptability
& Change Management: Fungible resource who is ready to adapt
- Strong Client Focus: Client is at the center of all
our concerns.
- Escalation & Reporting
- Effective
escalation and consensus builder
Specific Qualifications(if required)
· Experience in Documentation prefered (drafting
/chasing/matching)
· 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
Communication skills -
oral & written
Transversal Skills: (Please select up to 5 skills)
Ability to set up
relevant performance indicators
Ability to understand,
explain and support change
Analytical Ability
Ability to anticipate
business / strategic evolution
Ability to understand,
explain and support change
Education Level:
Bachelor Degree or
equivalent
Experience Level
At least 3 years
Other/Specific
Qualifications (if required)
