Senior Associate - Product Referential

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 Business line/Function: 

Global Market Operations (GMO) covers Front Office activities such as ALM/Treasury and Fixed Income local booking. GMO consists Control and Investigations, Settlement and Confirmations. GMO teams are also in regular contact with Capital Market Middle Office, Regional Back Office’s and Regional Finance. Instrument Referential belongs to CIB ITO GM Settlement & Accounting Instrument Referential organization and is in charge of Equities and Derivatives product creation and static/market Data monitoring. 

Job Title: 

Senior Associate 

Date: 

2024 

Department: 

COCE Trade Processing and Support 

Location: 

Mumbai 

Business Line / Function: 

Product Referential 

Reports to: 

(Direct) 

Manager 

Grade:  

(if applicable) 

(Functional) 

Number of Direct Reports: 

Directorship / Registration: 

NA 

Position Purpose 

Instrument Referential department is responsible for Equity and Fixed Income products set up in Global Market systems, lifecycle update, closing price feed and Data Quality. Our main sources are Bloomberg for static data and Reuters for market data. Clients of the team are internal (Trading, Sales, Structuring, Trade Support, P&L, Risk, Settlement, Accounting, IT, ...). 

Responsibilities 

Direct Responsibilities 

• Configuration of Instruments; indices, stocks, ETFs, Rates, futures and options contracts, Convertible Bonds and Warrants in EQD systems, Fixed income securities, Convertible Bonds, Warrants in FI systems (FO to Accounting) requested for the needs of Trading teams
• Control Static data and life cycle of Instruments. Process Daily code changes following Corporate Actions
• Control Market data daily feed (quality and consistency). This data isused to generate the P&L and to priceproducts.
• Financial Calendars administration (creation and update)
• Correlation Matrix perimeter maintenance on Instrument Time series
• Listed and Exotic warrants and certificates STP BO feed.
• Issuers (linked to Equities) creation request in BNP system.
• Reporting accounting and regulatory participation

Contributing Responsibilities 

• Apply control and escalation procedures on breaks between different systems
• Respect any timeline and deadline cutoffs
• Facilitate the integration of new activities and migrations of IT systems
• Ensure the consistency of the Referential between all the sites
• Participate in the industrialization of feed (Static and Market Data)
• Contribute to the improvement and completeness of daily and monthly checks
• Keep on documenting all procedures in place to stick market and process evolutions.
• Contribute in all control plan protocols according localoperational risk policies.
• Contribute in precision and accuracy of activity metrics and escalate any relevant problems or success to management on a continuous basis.

Technical & Behavioral Competencies 

Teamwork‐ Knows how to work in a team and/or across teams, regardless of the type of collaboration ﴾ face‐ to face in a group, remote, real‐ time, etc.﴿, acts bearing common interests and respect for fellow team members in mind. 

Analytical Skills ‐ Identifies all aspects of a subject and examines them in a critical way to construct a broad point of view. Is driven by the desire to know more about things, people or events. 

Organizational Skills‐ Sets priorities, plans actions and methodically monitors their progress by coordinating activities and resources in the best way possible. 

Communication skills ‐ Expresses messages, both orally and in writing, in an effective, organized way, which is appropriate to the audience being addressed. 

Act with Integrity ‐ Acts ethically, in compliance with what is said and while respecting the company’s values and rules. 

Building effective relationship ‐ Seeks and maintains contacts and good relations inside and/or outside the company, face‐ to‐ face and remotely, which can be useful both in the short and long term 

Strong Preference to have Bachelor or Master Degree on Economics, Mathematics or Finance. 

Strong Treasury (Rate / Bonds) & Equity derivatives products & operations process knowledge. 

Strong Preference to have MS skills (VBA, Excel, and Access) would be a significant plus. 

Specific Qualifications (if required) 

2-5 years working experience in relevant areas (Operations) 

Bachelor or Master Degree on Banking & Finance / Economics / Mathematics 

Knowledge in Financial Products, Knowledge in Front to Back workflow and the product event management would be a significant plus. 

Skills Referential 

Behavioural Skills: (Please select up to 4 skills) 

Ability to collaborate / Teamwork 

Ability to deliver / Results driven 

Communication skills - oral & written 

Client focused 

Transversal Skills: (Please select up to 5 skills) 

Analytical Ability 

Ability to understand, explain and support change 

Ability to develop and adapt a process  

Ability to develop and leverage networks 

Ability to anticipate business / strategic evolution 

Education Level:  

Bachelor Degree or equivalent 

Experience Level 

At least 2 years 

Other/Specific Qualifications (if required) 

Functional Banking skills sanctioning etc.) Would be preferred. 

Good to have Banking & Finance Background 
Knowledge on Bloomberg/ Reuters usage