The bank for a changing world

We are looking for

Senior Associate / Assistant Manager- FXMM Confirmation Matching

Apply REF: OPE001260


About BNP Paribas Group:

BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships”.


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 Business line/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 Title:

APAC Documentation




ISPL Global Markets & ALMT Operations


Business Line / Function:

Reports to:



(if applicable)


Number of Direct Reports:

Directorship / Registration:



Position Purpose

Its Primary responsibilities are to perform day-to-day trade confirmation drafting and execution


Direct Responsibilities


·         The team works closely with other Trade Processing teams and Front Office to ensure timely communication for any non –executed confirmations

·         Also in the light of EMIR regulation and risk reduction, the target is to match all confirmations within one day and globally to reduce the outstanding confirmations delay.


Contributing Responsibilities

·         To draft confirmations with counterparts for wide range of Products including Exotic Swaps, Vanilla and Exotic Options, CDS, CDO, IRD, FXO, FX etc.

·         To perform final verification of the trade economics before sending the final confirmation to counterparts

·         To support secondary events during the product life cycle such as Novation, Early Termination, etc.

·         To closely comply with EMIR, FED and Dodd-Franck regulation

·         To follow up any type of amendments requests

·         Draft and validate ISDA/AFB confirmations by referencing booking systems and term sheets for both financial institutions and corporate clients

·         Ensure confirmations are sent or suppressed in accordance with procedure

·         Ensure accurate completion of drafting tasks within the internal service level agreements, client requirement and regulatory timelines

·         Prepare draft confirmations for potential trades as necessary

·         Ensure all correspondences are indexed into system to allow for future data retrieval

·         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.

·         Ensure that documentation controls are done daily, comments detailed clearly, and be responsible for reliability of records

·         Contribute to the quality of the team by:

·         keeping personal training up to date

·         highlighting processing improvement opportunities

·         assisting in the training of new entrants

·         Comply with internal and external regulatory and compliance requirements

·         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

 Key results areas:

·         Customer Services

·         To be customer-focused and maintain a high quality services standard

·         Permanent Control Aspects

·         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.

·         Do regular regulatory reports.

Technical & Behavioral Competencies

Technical competencies : 

·         Computer skills is highly a must

·         Fluent English

·         ISDA definitions & templates

·         Credit process (electronic platform, life cycle as default event)

·         Front to back workflow

·         Behavioral Competencies : 

·         Organized & good resistance to stress

·         Attention to detail: the confirmation is the ultimate document which bind the bank with the counterparty, 100% correct is non-negotiable

·         Self-discipline & autonomy: Each team member has its own portfolio of clients, which need to be managed efficiently. Ability to work on its own with little supervision.

·         Strong Client Focus: Client is at the center of all our concerns. All team members are in touch on daily basis with clients from its portfolio. The balance between EMIR regulation and client’s satisfaction is a constant challenge. Being able to implement a strong and effective relationship with counterparties, in order to meet as much as possible regulatory requirements

·         Escalation & Reporting process: all team members need to closely follow escalation rules in place with all different stakeholders. This is only thanks the strictly compliance to those rules that we can achieve EMIR targets. Being able to efficiently raise to manager issues encountered on a daily basis, even if those are not forecasted in existing processes

·         Experience in Documentation (drafting) with a preference for a profile that has exposure in Credit (0 - 2 years)

·         Bachelor or Master Degree on Economics, Mathematics or Finance.

Specific Qualifications (if required)

  • Experience in Documentation (drafting) with a preference for a profile that has exposure in Credit (0 - 2 years)
  • Bachelor or Master Degree on Economics, Mathematics or Finance.

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Decision Making

Personal Impact / Ability to influence

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Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to manage a project

Ability to develop and adapt a process

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Education Level:

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Experience Level

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Other/Specific Qualifications (if required)


  • Experience in Documentation (drafting) with a preference for a profile that has exposure in Credit (0 - 2 years)
  • Bachelor or Master Degree on Economics, Mathematics or Finance
Primary Location: IN-MH-MumbaiJob Type: Standard / PermanentJob: OPERATION PROCESSINGEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 7 yearsSchedule: Full-time Behavioural competency: Creativity & Innovation / Problem solvingTransversal competency: Ability to develop and adapt a process