We are looking for

Assistant Manager - Collateral 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:

Global Market Operations also known as COCE (client operating center of excellence) is further divided into 4 departments i.e. Trade Processing & Support, Product Control, Client Management & Change Management. It covers Front Office activities such as ALM/Treasury and Fixed Income local booking. GMO consists of various streams, Control and Investigations, Settlement, Collateral and Reconciliation. GMO teams are also in regular contact with Capital Market Middle Office, Regional Back Office’s and Regional Finance.

Job Title:

Assistant Manager

Date:

2025

Department:

COCE Trade Processing & Support

Location:

Mumbai

Business Line / Function:

COCE Trade Processing & Support – Collateral Management 3CM

Reports to:

(Direct)

Lead

Grade: 

(if applicable)

NA

(Functional)

-

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

To support the operational implementation of new collateral agreements managed by the Collateral team, both for repos and derivatives. 

Responsibilities

Direct Responsibilities:

Responsible for the full front to back daily margin call process for specific clients:

       I.         Performing Data Quality analysis prior to issuing margin calls.

     II.         Margin Call Preparation - Netting Cash Flows / Rolling Interest.

    III.         Margin Call issuance. 

    IV.         Booking of eligible Credit Support and fails management.

     V.         Substitutions of Collateral with both CCP and Client.

    VI.         Client Reporting

  VII.         Monthly interest settlements. 

 VIII.         ISDA/CSA setup knowledge

Technical & Behavioral Competencies

Not less than 5 years of experience 

Skills / Competencies

·       IT architecture & Operations 

·       Continuous Improvement Achievements 

·       Organization agility & optimization 

·       Operational Risk & Control awareness 

·       Asia regional focus; experience with cross platform / process project 6. External Customer & Service Focus 

·       Takes initiative & is results driven 

·       Decision capabilities 

·       Excellent Interpersonal & Communication skills 

·       Ability to innovate & manage change & complexity with confidence 

·       Oral and written French communications (good to have)

Specific Qualifications (if required)

Bachelor’s Degree or equivalent

Skills Referential

Behavioural Skills

Communication skills - oral & written

Ability to collaborate / Teamwork

Attention to detail / rigor

Active listening

Adaptability

Transversal Skills: 

Analytical Ability

Ability to understand, explain and support change

Ability to anticipate business / strategic evolution

Education Level: 

Bachelors’ Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications (if required)

NA







Interested by our offer? Don't wait any longer!

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Why should I apply?

Basically, why would you want to join BNP Paribas over any other company?

BECAUSE YOU'RE THE KIND OF PERSON WHO WANTS...

  • What if we told you that working in our Group isn’t quite what you might think? At BNP Paribas, we do a multitude of different jobs that are constantly evolving to meet the expectations of our clients and society as a whole. Whether through everyday tasks or major projects, doing one of our jobs means making a personal commitment to taking sustainable action.

  • Feeling good about your job means bringing your whole self to work and being who you are. It’s also about having the resources you need to achieve a healthy work-life balance. Both of these are major commitments at BNP Paribas.

  • At BNP Paribas, developing your skills is as important to us as it is to you. And the skills you learn with us will help you through the rest of your working life.

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