Vice President - Trade Management

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:

Middle Office is an integral part of BNP Paribas securities services that supports the Asset manager clients across various operational activities spreading across various products. Key services includes Transaction management, Asset servicing such as Position keeping, Reporting, cash management etc.  

Job Title:

Vice President

Date:

Department:

Middle Office Operations

Location:

Business Line / Function:

IFSO – MO 

Reports to:

(Direct)

Vice President

Grade: 

(if applicable)

(Functional)

Number of Direct Reports:

5

Directorship / Registration:

Position Purpose

The purpose of this role is to manage the overall client delivery within the Middle Office Trade Management domain in adherence to the agreed SLAs with Clients and spoke locations. This role includes but not limited to leading change initiatives, challenging status quo, people management, stakeholder management, process excellence, risk & control etc. 

Responsibilities

Direct Responsibilities

-  To head a department performing trade management services to Asset Manager clients

-  Monitor the performance via KPIs and KRIs of the department

-  Have a close tab of all critical processes that can have financial impact to the bank

-  Create a robust control framework for the department

-  Manage local stake holders including other departments and support functions 

-  Manage Global stake holders including Locations, Process owners and Project teams

-  Create a culture of ownership and accountability at all levels within the team

-  Lead Audit and other assignments for the department

• Develop a strong understanding of the organization’s business lines and products including key applications usage etc.

-  Ensure effective communication with all the parties involved 

-  Inspire and motivate people to work towards the goals of the organization

-  Ensure that the team is continuously engaged

-  Design and lead towards a sustainable way of enhancing and maintain the right skill levels within the team 

-  Monitoring and controlling periodic updates to procedures, checklist etc

-  Establish governance to track performance, feedback including frequent review mechanisms within the team 

-  Ensure to be a backup for the managers of the team where required 

-  Monitor completion of the checklists within the department to ensure conformance

-  Leading the delivery of various industrialization and automation initiatives for the department 

Technical & Behavioral Competencies

-  Being organized with clarity of thoughts

-  Thorough knowledge on Trade Management and Middle Office processes

-  Zeal to learn new things

-  Good knowledge on Swift messages related to Listed Securities, Money Market, Forex, Cash, Lonas etc

-  Must be prepared to work in flexible timings

-  Excellent communication skills

-  Ability to influence decision making throughout various organizational levels 

Specific Qualifications (if required)

Client Focus 

Complete commitment to provide professional, intelligent and timely responses to our clients’ needs and to changes in the market.

Communication

Oral: Expressing ideas effectively in individual and group situations. Adjusting communication style to match the needs of the audience.

Written: Expressing ideas clearly in all written documents. Using professional, appropriate language at all times, and adhering to the use of the BNPP Email Protocols.

Team Work

Work effectively with the management team to accomplish goals, Respect the needs of others and displays integrity in dealing with team members.

Continuous Improvement and adaptation 

Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner. Always looks for ways to improve services and processes.

Skills Referential                                                             

Behavioural Skills: (Please select up to 4 skills)

Decision Making

Personal Impact / Ability to influence

Ability to deliver / Results driven

Attention to detail / rigor

Transversal Skills: (Please select up to 5 skills)

Ability to inspire others & generate people's commitment

Ability to anticipate business / strategic evolution

Ability to develop others & improve their skills

Ability to set up relevant performance indicators

Ability to manage a project

Education Level: 

 Bachelor Degree or equivalent

Experience Level

At least 15 years

Other/Specific Qualifications (if required)