Job Title: Assistant Manager
Department: Real Asset – Alt Credit
About Business line/Function: The Real Asset team will focus on Securitized & Structured Assets (SSA) Portfolio Management Support; Insurance Linked Securities (ILS) - Portfolio Data Analytics; Corporate Credit (CC) - Leverage Loan Fund Reporting; Credit (CC) – Leverage Loan Database Management; specifically in support of Structured Finance functions.
Position Purpose: The role provides operational support for Alternative Credit Insurance and Corporate Credit, focusing on monthly fund reporting and GRM/Markit compliance through multi-source data collation and quality assurance. Additionally, they manage the MAIA database by coordinating with vendor teams to ensure the accurate creation and maintenance of instruments and issuers.
Responsibilities
- Fund Reporting: Manage end-to-end production of monthly CRDB reports for active funds.
- Data Collation: Aggregate complex data from BNY Mellon, Corporate Credit IT, Bloomberg, and the MAIA tool
- Reference Data Management: Maintain and update static reference files to ensure report accuracy
- Compliance & Uploads: Produce consolidated monthly files for all funds and upload them to Markit to meet GRM requirements
- Quality Assurance: Perform thorough quality checks on all final output files to ensure data integrity and compliance
- Instrument Lifecycle Management: Coordinate the creation of new loan instruments in MAIA via the DALI and State Street teams
- Data Validation: Verify instrument details against Investment Notes and update critical characteristics such as Covenant Type and Recovery Rate
- Issuer Maintenance: Identify missing issuers in MAIA and facilitate their creation using Bloomberg data
- Database Oversight: Conduct D+1 verification to ensure all instruments and issuers are correctly reflected in the system
- Ad-hoc Support: Deliver additional regular reports and operational support for the Corporate Credit team
Key Role Responsibilities
- Proficiency in data manipulation, VLOOKUPs, and pivot tables for collating large datasets
- Experience with Bloomberg and Markit (essential for data sourcing and reporting
- Understanding of data quality controls and the importance of audit trails in financial reporting
- Ability to meet strict monthly reporting deadlines and D+1 turnaround times
- Attention to detail for performing control checks and ensuring that complex financial data is uploaded without error
- Capability to cross-reference multiple data sources (S&P, Bloomberg, Investment Notes) to resolve discrepancies
- Compliance with local and global regulations and market standards
- Flexibility to handle a wide variety of ad-hoc requests and varying reporting requirements for different clients
- Ensure adherence to internal risk and control frameworks, participating in internal/external audits and various internal control testing
Technical & Behavioral Competencies
- Analytical mindset with the ability to perform control checks, investigate discrepancies and escalate appropriately
- Advanced Excel (pivot tables, Power Query, VBA) and strong data-management experience
- Ability to liaise with multiple internal and external parties
- Strong organisational and attention-to-detail orientation; capable of managing competing deadlines
- Ability to investigate data gaps independently and escalate issues only after thorough investigation
- Very rigorous and strong organizational competencies
- Taking initiatives & service-orientated mentality
- Excellent interpersonal skills and good listening skills
- Determined to facilitate situations in-order-to achieve results
- Shift timing – 12:30 PM IST to 10:30 PM IST (09:00 AM to 07:00 PM Europe time)
Specific Qualifications:
- A previous experience in a similar role is mandatory
- Strong understanding of Asset Backed Securities
- Proficiency with applications - Bloomberg, INTEX
Skills Referential (Required knowledge, skills and abilities)
Technical Skills:
- Advanced Excel (pivot tables, Power Query, VBA)
- strong data-management experience
- Proficiency with applications - Bloomberg, INTEX
- Strong understanding of Asset Backed Securities
Behavioral Skills:
- Very rigorous and strong organizational competencies
- Excellent interpersonal skills and good listening skills
- Ability to liaise with multiple internal and external parties
- Education Level: Degree qualified in Business, Finance, Accounting or related discipline is preferable.
- Having market related qualifications such as CPA, CFA qualifications
Location: Chennai/ Mumbai
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 specialized 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.
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.
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. 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.
