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Senior Associate- Middle Office - Derivatives

Apply REF: MO 000738

Job Description – APAC


Note to Hiring Manager:

In support of BNP Paribas APAC's Diversity Commitment, Hiring Managers are to consider at least 1 Asia Pacific national, 1 male and 1 female candidate for the position to be filled.

Job Title:

Associate Level 1

Date:

11/06/2019

Department:

Middle Office

Location:

Chennai, CP2

Business Line / Function:

FTCA, Paris otc Derivatives

Reports to:

(Direct)

Grade:

(if applicable)

Associate or associate level I

(Functional)

Assistant Manager

Number of Direct Reports:

NA

Directorship / Registration:

 

Position Purpose

Backfill for Dhatri Padmini. N

Responsibilities

Direct Responsibilities

Portfolio Reconciliation

-   Reconcile valuation and material trade terms trade data with counterparties in compliance with the compliance set forth by EMIR/ASIC/MAS regulation.

-   Research and identify the cause of the breaks.

-   Work with appropriate party to amend the breaks.

-   Evidence the cause of the breaks and its resolution.

-   Manage and monitor dispute investigation and escalations.

Trade Repository

-   Ensured that OTC + FX trades, Valuation and Collateral are reported to Trade Repository (DTCC).

-   All Nacks/Rejection are actioned and resubmitted to DTCC.

-   Reconcile the DTCC position with Client position to ensure that all position are in line.

 

 

 

Contributing Responsibilities

-   Escalating exceptions to appropriate processing team for resolution.

-   Reporting of exceptions in line with internal control and external client requirements.

-  Contributing to the team success.

Technical & Behavioral Competencies

· Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.

· Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines

· Proficient in Microsoft Office Applications and strong MS Excel skills required.

· Experience of operations in a Fund Management, Custody or Hedge Fund environment.

· Extensive experience of working within Derivative operations.

· Thorough understanding of all Derivative product classes.

Specific Qualifications (if required)

        

Skills Referential    

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Adaptability

Critical thinking

Ability to deliver / Results driven

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and adapt a process

Ability to manage / facilitate a meeting, seminar, committee, training…

Ability to develop others & improve their skills

Education Level:

Master Degree or equivalent

Experience Level

At least 1 year

Other/Specific Qualifications (if required)

 



Job Description – APAC


Note to Hiring Manager:

In support of BNP Paribas APAC's Diversity Commitment, Hiring Managers are to consider at least 1 Asia Pacific national, 1 male and 1 female candidate for the position to be filled.

Job Title:

Associate Level 1

Date:

11/06/2019

Department:

Middle Office

Location:

Chennai, CP2

Business Line / Function:

FTCA, Paris otc Derivatives

Reports to:

(Direct)

Grade:

(if applicable)

Associate or associate level I

(Functional)

Assistant Manager

Number of Direct Reports:

NA

Directorship / Registration:

 

Position Purpose

Backfill for Dhatri Padmini. N

Responsibilities

Direct Responsibilities

Portfolio Reconciliation

-   Reconcile valuation and material trade terms trade data with counterparties in compliance with the compliance set forth by EMIR/ASIC/MAS regulation.

-   Research and identify the cause of the breaks.

-   Work with appropriate party to amend the breaks.

-   Evidence the cause of the breaks and its resolution.

-   Manage and monitor dispute investigation and escalations.

Trade Repository

-   Ensured that OTC + FX trades, Valuation and Collateral are reported to Trade Repository (DTCC).

-   All Nacks/Rejection are actioned and resubmitted to DTCC.

-   Reconcile the DTCC position with Client position to ensure that all position are in line.

 

 

 

Contributing Responsibilities

-   Escalating exceptions to appropriate processing team for resolution.

-   Reporting of exceptions in line with internal control and external client requirements.

-  Contributing to the team success.

Technical & Behavioral Competencies

· Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.

· Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines

· Proficient in Microsoft Office Applications and strong MS Excel skills required.

· Experience of operations in a Fund Management, Custody or Hedge Fund environment.

· Extensive experience of working within Derivative operations.

· Thorough understanding of all Derivative product classes.

Specific Qualifications (if required)

        

Skills Referential    

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Adaptability

Critical thinking

Ability to deliver / Results driven

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and adapt a process

Ability to manage / facilitate a meeting, seminar, committee, training…

Ability to develop others & improve their skills

Education Level:

Master Degree or equivalent

Experience Level

At least 1 year

Other/Specific Qualifications (if required)

 


Primary Location: IN-TN-ChennaiJob Type: Standard / PermanentJob: OPERATION PROCESSINGEducation Level: Master Degree or equivalent (> 4 years)Experience Level: At least 1 yearSchedule: Full-time Behavioural competency: Personal Impact / Ability to influenceTransversal competency: Ability to conduct a negotiation