Job Description - APAC

About BNP Paribas Group:

BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe 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 6000 employees, to provide support and develop best-in-class solutions.

About Businessline/Function :

  • Provide support & control to the Vanilla IRFX Business conducted under BNP Paribas
  • This role encompasses trade validation & booking in booking systems.
  • Coordinate compressions

Job Title:

Assistant Manager

Date:

2022

Department:

COCE- Product Control

Location:

Mumbai

Business Line / Function:

Rates/Commodities Middle Office Trade Support

Reports to:

(Direct)

Head of the Team

Grade:

(if applicable)

NA

(Functional)

NA

Number of Direct Reports:

Directorship / Registration:

NA

Position Purpose

Trade Support is in charge of the proper representation of trades within booking systems at any time of their lifecycle

  • Controls and/or processes trade capture in FO/MO/BO systems
  • Monitors and processes trade events
  • Investigates on trade feeds, confirmations and payments in case of requests raised by other Operation teams

Responsibilities

TRADE SUPPORT MAIN FUNCTIONS :

  • Ensure that Rates Derivatives Exotics trades booking are in line with external source (termsheets from Front office) and rectify discrepancies on the same day
  • Monitor and process option exercises and special events
  • Post amendments, market events and cancellations
  • Resolve queries from different operations and other stakeholders
  • Assist Front Office in ad-hoc rebooking requests and update in Middle Office systems.

MAIN CONTROL

  • Comply with internal and external regulatory and compliance requirements
  • Ensure all controls are in place and reconciliations front-to-back are investigated and reconciled:
  1. Emails from Back offices, Middle offices and IT are investigated
  2. Emails from Credit Risk control are investigated
  3. Abnormal Trading are investigated and accounted
  4. Ensuring trades are booked timely and accurately on trade date
  5. Account for missing booking and escalate when necessary
  6. Checking of daily reports

  

Contributing Responsibilities

  • Contribute to the Permanent Control framework.

Technical & Behavioral Competencies

  • Basic knowledge in Interest Rates Derivatives products (IRS, CCS, FRA, Swaption, Bond options, Futures etc)
  • Familiar with Middle Office Support functions
  • Murex knowledge preferred
  • Responsible, meticulous, self-motivated, fast learner, positive attitude
  • Possess great team spirit
  • Confident and possess good communication and interpersonal skills

Specific Qualifications (if required)

NA

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Adaptability

Ability to deliver / Results driven

Resilience

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and adapt a process

Choose an item.

Choose an item.

Education Level:

Master Degree or equivalent

Experience Level

At least 2 years

Other/Specific Qualifications (if required)

NA

               


 

Primary Location
IN-MH-Mumbai
Job Type
Standard / Permanent
Job
OPERATION PROCESSING
Education Level
Master Degree or equivalent (> 4 years)
Experience Level
At least 5 years
Schedule
Full-time
Reference
GLO004654


Discover the different professions within BNP Paribas: Operations Management

Those who work in Operations Management roles are essential to the smooth-running of our Group, and work consistently to satisfaction to our clients and teams. These roles offer stimulating careers that combine efficiency with a strong collaborative spirit.

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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 may not be quite what you think? BNP Paribas business lines and careers are constantly evolving to meet the expectations of our clients and society as a whole.

  • 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.

Find out more