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.
The Secured Finance CLO (Collateralized Loan Obligation) team takes information to create monthly dashboards and a SCOPE list for activities. They also perform relevant tasks related to individual deals and update status in the relevant cells of a process dashboard.
Position Purpose: The successful candidate will be an experienced manager driving process improvements with a collaborative management style and ability to create a positive team environment.
Responsibilities
Key Responsibilities
- Data Collection & Management: Monthly retrieval of critical CDO documents (NVRs, Trustee Reports, Offering Memorandums) from trustee websites and emails.
- Database Administration: Uploading and managing collateral, account, and test files into the PHOBOS database while ensuring high data integrity.
- Financial Reconciliation: Validating Bloomberg-sourced coupon and amortization data against Note Valuation Reports, with a specific focus on correcting Equity Tranche payments.
- Valuation Oversight: Managing daily price collections from official/non-official providers and maintaining an audit trail for Risk & Compliance.
- Portfolio Monitoring: Tracking called/redeemed CDOs to ensure final residual payments are captured before closing positions.
- Monthly Reporting: Generating "Blotter" reports to track fund movements (Purchases, Sales, Amortizations) using Excel pivot tables and control checks.
- Pre-Trade Analysis: Conducting primary market due diligence by gathering Intex data and updating guideline templates for new CLO investments.
- Performance Analytics: Measuring CLO Manager trading capabilities by analyzing initial vs. final portfolios and calculating added value via Intex.
- Lifecycle Management: Handling instrument creation for new CLO deals and managing "Reset & Refinance" tracking.
- Stakeholder Support: Serving as a point of contact for Trustees, PM Assistants, and Auditors to resolve data discrepancies and provide evidence for pricing.
Key Role Responsibilities
- Oversight and accountability for day-to-day processing of the team, ensuring excellent client service and risk management
- Compliance with local and global regulations and market standards
- Ensure adherence to internal risk and control frameworks, participating in internal/external audits and various internal control testing
- Developing team members and creating an environment that encourages innovation and supports personal growth for team members
- Developing and maintaining relationships with key stakeholders
- Compilation of monthly statistics to manage the business, ensuring KPIs are met or remediation plans are in place
- Ensure any deviation from our standard operating models are formally agreed internally and documented with the onshore oversight location
Technical & Behavioral Competencies
- A previous experience in a similar role is mandatory
- Strong understanding of Collateralized Loan Obligations (CLOs), CDO structures, and lifecycle of secured finance instruments
- Proficiency with applications - Bloomberg, INTEX
Specific Qualifications:
- 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)
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.
