We are looking for

Sr. Associate - DI - Collateral Management CIB

Apply REF: GLO004415

Data Integrity


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 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 :

The Collateral Management Group compares the Net Present Value of the portfolio of trades between BNP Paribas and its counterparties on a daily (or as specified) basis and ensure that this exposure is sufficiently collateralized.

Job Title:

Sr. Associate



Collateral Management



Business Line / Function:

Global Market Operations

Reports to:




(if applicable)


Number of Direct Reports:

Directorship / Registration:


Position Purpose

The process requires sanity checks to be performed daily/weekly/monthly basis on all trade economics of agreements on which margin calls are issued. These checks are to be done on agreements of all regions i.e. Asia, London and New York. The purpose is to look for unusual activity or trends with respect to client’s portfolio.


Direct Responsibilities

  • Perform sanity checks on the various feeds for all the regions (Asia, Europe and New York.)
  • Running & maintaining the access database.
  • Liaising with Middle office & Front office for trade breaks and PV difference analysis.
  • Capturing email/queries sent to the FO & MO & following up on the same.
  • Creating manuals trade entries to show correct positions in the client portfolio.
  • Preforming regular static checks for collateral management set up.
  • Validating all rejected trades (non-collateralized)  on the daily basis
  • Maintaining logs for all the feed delays & issues.

Contributing Responsibilities

  • Timely updation of SOP and Process Handbook/Pact
  • Work closely with support functions, stakeholders & onshore teams.
  • Timely updation of the Decks & dashboards

Technical & Behavioral Competencies

  • Strong Communication skills required for an effective liaison with internal stakeholders. (Middle offices, marketers, traders, credit, compliance and legal)
  • Knowledge of derivative products (Credit, Interest Rate, FX , Equities)
  • Strong knowledge of Trade Life Cycle.
  • Experience in Portfolio Reconciliation Operations, Collateral Management Operations or another Middle Office Operation functions within Investment Banking is favorable.
  • Basic Excel skills required.

Specific Qualifications (if required)

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Attention to detail / rigor

Ability to collaborate / Teamwork

Ability to share / pass on knowledge

Ability to deliver / Results driven

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

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Education Level:

Bachelor Degree or equivalent

Experience Level

Atleast 3 years

Other/Specific Qualifications (if required)

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 Reference: GLO004415