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, centered on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporate 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 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:

 Senior Associate -3CM

Date:

March 2022

 

Department:

Global Market Operations

 

Location:

Mumbai

Business Line / Function:

Global Market Operations

 

Reports to:

(Direct)

Team Leader

Grade:

(if applicable)

 

(Functional)

 

Number of Direct Reports:

 

Directorship / Registration:

NA

 

Position Purpose

Adhering to Clients On boarding requests as per ISDA ,SLA and CSA requirement. 

Responsibilities

 

Direct Responsibilities

 

Meeting Clients. Service delivery and onshore expectation on Onboarding agreements, Reports, Amendments in Set ups etc.

Meeting all Onshore and ISPL Management requirements.

ISDA/CSA setup knowledge.

Understanding end to end collateral management and Client onboarding process.

Responsible for the full front to back daily margin call process for specific clients:

Preparing the packs for Client governance meetings.

Margin Call Preparation Netting Cash Flows / Rolling Interest.

Booking of eligible Credit Support and fails management.

Substitutions of Collateral with both CCP and Client.

Client Reporting’s.

Monthly interest settlements.

Responsible for the Client Testing / Onboarding into Collateral Platforms

Responsible for the Design / Testing of new functionality

      

Contributing Responsibilities:

 Communication skills: Required for liaising with counterparties and internal stakeholders to the collateral process. (Middle offices, marketers, traders, credit and legal)

  1. Time Management and an ability to adapt to the varying demands of the team.
  2. Risk Awareness: Strong awareness of Operational, Counterparty, and Regulatory risk.
  3. Knowledge of OTC derivative products (Credit,, Interest Rate, FX ,)
  4. Strong knowledge on the life cycle of a trade.
  5. Previous experience in Collateral Management or other Middle Office Operation functions within Investment Banking. (Exposure to Client Clearing / OTC Margin calls beneficial.)
  6. Skills on issue resolving and investigation relating to Collateral process.       

 

 

 

Specific Qualifications (if required)

·Job Type: Standard/Permanent

·Education Level: Bachelor’s Degree or equivalent

·Experience Level: At least 5 years

·Schedule: Full-time

 

 

Skills Referential

 

 

 

 

Behavioural Skills: (Please select up to 4 skills)

 

 

Ability to collaborate / Teamwork

 

 

Attention to detail / rigor

 

 

Client focused

 

 

Communication skills - oral & written

 

 

Transversal Skills: (Please select up to 5 skills)

 

 

 

Analytical Ability

 

 

Ability to develop and adapt a process

 

 

Ability to develop and leverage networks

 

 

 

 

 

Choose an item.

 

 

Education Level:

Bachelor Degree or equivalent

 

 

Experience Level

At least 5 years

 

 

Other/Specific Qualifications (if required)

 

                 

NA

Primary Location
IN-MH-Mumbai
Job Type
Standard / Permanent
Job
OPERATION PROCESSING
Education Level
Bachelor Degree or equivalent (>= 3 years)
Experience Level
At least 5 years
Schedule
Full-time
Reference
OPE002438


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