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We are looking for

Assistant Manager- Trade Support

Apply REF: GLO002518

 

About BNP Paribas Group:

Worldwide, BNP Paribas has a presence in 74 countries with more than 190,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 15,000 employees* and a presence in 14 markets, it provides clients with product and service solutions tailored to their specific needs, and continues to develop its franchise in the region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.

About Businessline/Function :

Global Market Operations (GMO) 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 Description - ISPL

 

Job Title:

Associate / Associate Level 1 / Senior Associate

Date:

05/08/2019

Department:

ISPL Global Markets & ALMT Operations

Location:

India

Business Line / Function:

Reports to:

(Direct)

AVP of Trade Support

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

0

Directorship / Registration

Associate / Associate Level 1 / Senior Associate

 

Position Purpose

To provide efficient and well controlled operational support for Bonds and Repo activities in Global Market and ALMT metier

The position is highly critical and has heavy interactions with sales/trading and clients in APAC.

Team coverage starts from 6:00 IST and end 16:30 IST. Team should have appropriate shift to ensure sufficient coverage.

Responsible to manage Bond Trade Support team

Responsible to develop people in the organization and manage the team with strong leadership.

Position is fully accountable Bond Trade Support in APAC.

Key Responsibilities

Key Operational Responsibilities & Contributions

       Bring Direct contribution to BNPP operational permanent control framework

      Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls

      Ensure appropriate escalation to management and/or permanent control (or compliance as appropriate) as soon as an issue is identified.

       Comply with internal and external regulatory and compliance requirements

       Comply with the BNPP standards of Code of Conduct

       Comply with the BNPP IT Security policies

       Anti‐Money Laundering / Financial Sanctions “AML/FS”) related duties: Operations are an integral part of the control framework including for AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS‐related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.

Responsible for providing direct assistance and support to Asia-based marketers and traders in Asia Pacific ex Japan in respect of bond and repo products:

Ø following up of any trade or settlement details discrepancies for trades done in Asia Pacific ex Japan

Ø reconciling trades between front office pre-confirmations to external clients and deal capture systems

Ø monitoring/undertaking trade exceptions processing in global BO (Calypso) system

Ø ensuring prompt and accurate set up and update of client SSIs

Ø assisting various back/middle offices with general queries

Ø assisting clients' queries

Responsible for collection, maintenance and update of clients' SSIs and confirmation details for Asia-based marketers and traders under global booking

Objectives

1- Improve Productivity

·         Continue to seek for an opportunity to improve productivity by standardize the process, digitalize and automatize the process.

·         Optimize the resource across the organization and location to improve productivity

·         Close collaboration with IT

2-Improve client experience

·         Ensure organization & process becomes client focus

·         Improve turn around time and time to market

·         Maintain alignment and close collaboration with business

3- Risk and Process Control

·         Minimizing operational failure, including the risk of fraud and implementing sufficient regular controls

·         Ensuring appropriate escalation to management and/or Compliance as soon as an issue is identified

·         Direct contribution to BNPP operational permanent control framework

·         Contribute to the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan

·         Comply with regulatory requirements and internal guidelines

·         Contribute to the reporting of all incidents according to the Incident Management System

4-People

·         Assist in team management including resource allocation & tasks planning

·         Helping setting up objectives for team members & assist in personal development planning includes training course planning, coaching & regular feedback.

·         Ensure to manage with transparency to develop a collaborative & truthful work environment with teams

·         Encourage entrepreneurial spirit and enforce sense of belonging & commitment through increased empowerment of the team.

·         Taking full responsibility of team’s actions and ensure to face problems & conflicts to demonstrate courage in team’s management.

·         Empower, delegate and recognize people.

·         Plan & support career path including mobility and ensure job satisfaction, maintain a good place to work.

Competencies (Technical / Behavioral)

Technical Knowledge and

Qualifications required

·         Bachelor or Master Degree on Economics, Mathematics or Finance

·         Strong knowledge on various operational framework in particular APAC markets

·         Strong knowledge on trade support functions

·         Experience on interacting with front office and clients

·         Strong leadership and management skill

·         Project sponsor or project management experience

·         Basic understanding on IT architecture

·         Languages: English; fluent in Mandarin/Cantonese/French is a plus.

Skills and competencies

 

·      Ability to develop and adapt the proces

·      Analytical Ability

·      Critical Thinking

·      Ability to develop and adapt the proces

·      Result driven approach


 

About BNP Paribas Group:

Worldwide, BNP Paribas has a presence in 74 countries with more than 190,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 15,000 employees* and a presence in 14 markets, it provides clients with product and service solutions tailored to their specific needs, and continues to develop its franchise in the region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.

About Businessline/Function :

Global Market Operations (GMO) 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 Description - ISPL

 

Job Title:

Associate / Associate Level 1 / Senior Associate

Date:

05/08/2019

Department:

ISPL Global Markets & ALMT Operations

Location:

India

Business Line / Function:

Reports to:

(Direct)

AVP of Trade Support

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

0

Directorship / Registration

Associate / Associate Level 1 / Senior Associate

 

Position Purpose

To provide efficient and well controlled operational support for Bonds and Repo activities in Global Market and ALMT metier

The position is highly critical and has heavy interactions with sales/trading and clients in APAC.

Team coverage starts from 6:00 IST and end 16:30 IST. Team should have appropriate shift to ensure sufficient coverage.

Responsible to manage Bond Trade Support team

Responsible to develop people in the organization and manage the team with strong leadership.

Position is fully accountable Bond Trade Support in APAC.

Key Responsibilities

Key Operational Responsibilities & Contributions

       Bring Direct contribution to BNPP operational permanent control framework

      Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls

      Ensure appropriate escalation to management and/or permanent control (or compliance as appropriate) as soon as an issue is identified.

       Comply with internal and external regulatory and compliance requirements

       Comply with the BNPP standards of Code of Conduct

       Comply with the BNPP IT Security policies

       Anti‐Money Laundering / Financial Sanctions “AML/FS”) related duties: Operations are an integral part of the control framework including for AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS‐related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.

Responsible for providing direct assistance and support to Asia-based marketers and traders in Asia Pacific ex Japan in respect of bond and repo products:

Ø following up of any trade or settlement details discrepancies for trades done in Asia Pacific ex Japan

Ø reconciling trades between front office pre-confirmations to external clients and deal capture systems

Ø monitoring/undertaking trade exceptions processing in global BO (Calypso) system

Ø ensuring prompt and accurate set up and update of client SSIs

Ø assisting various back/middle offices with general queries

Ø assisting clients' queries

Responsible for collection, maintenance and update of clients' SSIs and confirmation details for Asia-based marketers and traders under global booking

Objectives

1- Improve Productivity

·         Continue to seek for an opportunity to improve productivity by standardize the process, digitalize and automatize the process.

·         Optimize the resource across the organization and location to improve productivity

·         Close collaboration with IT

2-Improve client experience

·         Ensure organization & process becomes client focus

·         Improve turn around time and time to market

·         Maintain alignment and close collaboration with business

3- Risk and Process Control

·         Minimizing operational failure, including the risk of fraud and implementing sufficient regular controls

·         Ensuring appropriate escalation to management and/or Compliance as soon as an issue is identified

·         Direct contribution to BNPP operational permanent control framework

·         Contribute to the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan

·         Comply with regulatory requirements and internal guidelines

·         Contribute to the reporting of all incidents according to the Incident Management System

4-People

·         Assist in team management including resource allocation & tasks planning

·         Helping setting up objectives for team members & assist in personal development planning includes training course planning, coaching & regular feedback.

·         Ensure to manage with transparency to develop a collaborative & truthful work environment with teams

·         Encourage entrepreneurial spirit and enforce sense of belonging & commitment through increased empowerment of the team.

·         Taking full responsibility of team’s actions and ensure to face problems & conflicts to demonstrate courage in team’s management.

·         Empower, delegate and recognize people.

·         Plan & support career path including mobility and ensure job satisfaction, maintain a good place to work.

Competencies (Technical / Behavioral)

Technical Knowledge and

Qualifications required

·         Bachelor or Master Degree on Economics, Mathematics or Finance

·         Strong knowledge on various operational framework in particular APAC markets

·         Strong knowledge on trade support functions

·         Experience on interacting with front office and clients

·         Strong leadership and management skill

·         Project sponsor or project management experience

·         Basic understanding on IT architecture

·         Languages: English; fluent in Mandarin/Cantonese/French is a plus.

Skills and competencies

 

·      Ability to develop and adapt the proces

·      Analytical Ability

·      Critical Thinking

·      Ability to develop and adapt the proces

·      Result driven approach

Primary Location: IN-MH-MumbaiJob Type: Standard / PermanentJob: OPERATION PROCESSINGEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 3 yearsSchedule: Full-time Behavioural competency: Ability to collaborate / Teamwork, Decision Making, Resilience, Ability to synthetize / simplify, Creativity & Innovation / Problem solving, Critical thinkingTransversal competency: Ability to understand, explain and support change, Analytical Ability, Ability to manage / facilitate a meeting, seminar, committee, training…, Ability to develop and leverage networks, Ability to set up relevant performance indicators, Ability to develop others & improve their skills