About BNP Paribas Group:
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 71 countries, with approximately 199,000 employees. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
About BNP Paribas Solutions Philippines Branch:
Established in 2024, BNP Paribas Solutions Philippines Branch is a branch of BNP Paribas Group, a leading bank in Europe with an international reach. We provide support services. back-office operations services related to or which further the accomplishment of the corporation’s investment services, banking transaction processing, and equity investment”.
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 :
Global Market Operations, also known as COCE (client operating center of excellence), is further divided into 4 departments: Trade Processing & Support, Product Control, Client Management & Change Management. Product Control in the wider market outside of BNP is the Middle Office. Product Control consists of streams like Documentation & Reconciliation, Trade Support, P&L & Trading Portfolio & controls. Product Control teams are in regular contact with Market Front Office, Regional Back Office’s and Regional Finance & other support teams for their BAU.
Position Purpose
The position will provide efficient and well controlled operational support for Bonds and Repo activities in Global Market and ALMT metier. This will involve highly critical and heavy interactions with sales/trading and clients in APAC. Team coverage starts in the APAC time zone. Teams should have an appropriate shift to ensure sufficient coverage. Essentially, the role will be responsible for managing the Bond Trade Support team, developing people in the organization, and managing the team with strong leadership as the SME or Team Lead of process.
Responsibilities
Direct Responsibilities
• Bring Direct contribution to BNPP operational permanent control framework
• 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.
• Comply with internal and external regulatory and compliance requirements
• Comply with the BNPP standards of Code of Conduct
• Comply with the BNPP IT Security policies
• Anti‐Money Laundering / Financial Sanctions “AML/FS”) related duties: Operations are an integral part of the control framework including AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS‐related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.
• Responsible for providing direct assistance and support to Asia-based marketers and traders in Asia Pacific ex Japan in respect of bond and repo products:
• following up of any trade or settlement details discrepancies for trades done in Asia Pacific ex Japan
• reconciling trades between front office pre-confirmations to external clients and deal capture systems
• monitoring/undertaking trade exceptions processing
• ensuring prompt and accurate set up and update of client SSIs
• assisting various back/middle offices with general queries
• assisting clients' queries
• Responsible for collection, maintenance and update of clients' SSIs and confirmation details
Contributing Responsibilities
• Direct relationships with the front office / back-office colleagues.
• Build and maintain strong relationships with stakeholders across the globe in Front, Back and Middle Office
• Strong working and open relationship with local management
Qualifications, Technical & Behavioral Competencies
• Any bachelors degree with 7 years in an operational support position.
• IB Bond Operations experience preferred, essentially in Trade Support functions
• Competency with MS Suite, especially Excel, and the ability to learn multiple programs quickly
• Knowledge of and an interest in Financial Markets and Investment Banking.
• Ability to work under pressure, handle multiple priorities and work as part of a team as well as individually
• Comfortable working across various groups including Sales, Trading, Accounting, Technology & other MO Teams
• Prior middle office or operational experience is a must
• Strong control focus and aptitude (both financial and operational).
