Job Description

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 :

Global Market Operations also known as COCE (Client Operating Center of Excellence) is further divided into 4 departments i.e. Trade Processing & Support, PnL, Client Management & Change Management. Product Control in the wider market outside of BNP is Middle Office. Product Control consists of streams like Documentation & Reconciliation, Trade Support, P&L & Trading Portfolio & controls. Product Control teams are in regular contact with Market Front Office, Regional Back Office’s and Regional Finance & other support teams for their BAU.

Job Title:

Assistant Vice President

Date:

2022

Department:

Trade Support

Location:

Mumbai

Business Line / Function:

COCE Product Control

Reports to:

(Direct)

Head of Team

Grade:

(if applicable)

NA

(Functional)

Number of Direct Reports:

8

Directorship / Registration:

NA

Position Purpose

The Trade Support team looks after the Electronic Execution Middle Office Operations.

The resource will need to work in partnership with our clients, sales and trading to ensure that trades are allocated, confirmed, and processed in a timely manner. Provide support to our front office equities trading desks and also act as a point of contact for internal front/back-office enquiries.

Responsibilities

Direct Responsibilities

  • A comprehensive understanding of securities
  • Front to back trade lifecycle experience
  • Demonstrate awareness and procedures to mitigate operational risk, escalate appropriately
  • Trade amendments and booking reversals of trades
  • Liaison between Front Office and all supporting functions
  • Work in partnership with our clients, sales and trading to ensure that trades are allocated, confirmed, and processed in a timely manner
  • Provide support for front office equities trading desks.
  • Work closely with technical teams to improve trader experience.
  • Focused work with zero tolerance controls and strict deadlines.
  • Ability to build good relationship within the team and Front Office trading and management
  • Strong appreciation and value of STP and of IT solutions to reduce processing and improve controls
  • Ability to multitask, to be flexible re tasks and accommodate varying levels of volume and complexity without deterioration in task quality
  • Act as point of contact for internal middle/back-office enquiries. 

Contributing Responsibilities

  • Direct relationships with the front office / back office colleagues.
  • Build and maintain strong relationships with stakeholders across the globe in Front, Back and Middle Office
  • Strong working and open relationship with local management

Candidate should be flexible to work in any of the following shifts basis job roles assigned to:-

  • 05:00am to 2:00pm
  • 06:30am to 3:30pm
  • 09:30am to 6:00pm
  • 12:30pm to 9:30pm
  • 02:00pm to 11:00pm
  • 06:00pm to 03:00am
  • 07:00pm to 04:00am

Technical & Behavioral Competencies

  • At least 10 years in an operational support position.
  • IB Equity Operations experience preferred, essentially in Trade Support functions
  • Experience working within algorithmic trading highly beneficial.
  • Competency with MS Suite, especially Excel, and the ability to learn multiple programs quickly
  • High level of product knowledge in Equities
  • High level of knowledge of middle office and back office systems
  • Strong organizational skills and ability to prioritize
  • Innovative - constantly identifying gaps in process and to seek improvements
  • Ethics and Control must have good work ethics and risk / control mind set.
  • Communications ability to communicate effectively within the team and Front Office
  • Collaboration ability to work well with others especially in day to day resolution and escalation of issues

Specific Qualifications (if required)

Any Bachelor Degree - Non engineering

Skills Referential

Behavioural Skills:

Ability to collaborate / Teamwork

Critical thinking

Creativity & Innovation / Problem solving

Resilience

Transversal Skills:

Ability to set up relevant performance indicators

Ability to develop others & improve their skills

Analytical Ability

Ability to develop and adapt a process

Ability to understand, explain and support change

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 10 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 10 years
Schedule
Full-time
Reference
GLO005212


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.

Find out more

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