JD – DEC Process and control
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank 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 10000 employees, to provide support and develop best-in-class solutions.
About BNP Paribas Group:
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability
Commitment to Diversity and Inclusion
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected, and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
About Business line/Function:
DEC and LD operations is part of CIB / Global Market Operations globally. Locally it is part of India services. Operations team is further divided into multiple functional pillars which provide service to the DEC and LD business that caters to the clients across the globe helping them execute and clear trades related to Futures, options and commodities and other type of derivative contracts.
The teams is responsible for smooth running of day today operations, processing activities such as confirmation, allocation, clearing, settling margin calls, reconciling trade, positions, cash market fees, brokerage. Team provides support across all regions APAC/EMEA/US. This team works very closely with other platforms and hub locations notably Lisbon, Singapore, London and US.
Job Title:
Vice President
Date:
2025
Department:
COCE Trade Processing & Support - DEC and LD operations
Location:
Bengaluru
Business Line / Function:
COCE Trade Processing & Support
Reports to:
(Direct)
Head
Grade:
(if applicable)
NA
(Functional)
None
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
Reporting to the ISPL Head of DEC Process & Control this role is in charge of the Control framework, definition and oversight of the local processes. Acting as a key SME for DEC and LD OPS in India, the incumbent will have to ensure that a robust, efficient and compliant processes are in place across all functional domains and aligned with other regions.
Responsibilities
Direct Responsibilities
The role is critical and highly visible within DEC Operations, covering 3 main areas for India :
1. Platform monitoring and coordination:
· Monitor and analyze KPIs and metrics to identify deviations / risks
· Structure India Ops daily calls (Ops teams Mgt) covering main Ops risk topics, main productions highlights, clients’ issues & complaints, complex or specific events
· Identify corrective actions when required and follow up of their implementation, post mortem management
· conduct regular or specific controls and ensure process consistency end to end.
· Coordinate Operational topics with Finance, OPC, ORC, Risk, legal, Regulatory teams, Compliance, Auditors
· Structure Ops specific committee with the business and participate to various business committee
· Coordinate Ops contributions to Crisis Committees
· Coordinate major incidents management having impacts on the overall process architecture and define / monitor related action plans
· Contribute to and monitor audit reports (ISAE / IG / Regulatory).
· P&L reporting management
2. Critical process Management & Control
· Control critical processes, ensure a proper training is delivered to the staff on these processes
· Run critical processes as second level of validation
· Assess risks of BAU on these tasks’ evolutions
· Control various critical reporting accuracy
· Resiliency and adherence to FTS model - Prepare, execute and monitor the plan to rotate critical activities between ISPL and Lisbon to enable continuity of knowledge and operational readiness in unforeseen crisis situation.
3. Ops Process & continuous enhancement
· Define / Challenge Ops processes and related procedures in coordination with other DEC Ops teams and ensure maintenance
· Define and ensure maintenance of Ops BCP, ERS, RCSA, GCL and processes split between various production centers
· Ensure that a proper Oversight of data quality and consistency is in place
· Monitor, improve & reduce manual processes (continuous efficiency review including digital initiatives)
· Define KPIs and metrics & harmonize across production center. Improve Ops activity dashboards. STP rate, review and fail justification, action plan definition (miss booking, process change, client instruction review, methodology review)
· “Run the Bank” dimension Lead: interact with IT teams, Leader of the IT “Run the Bank” roadmap, to ensure continuity of transversal analysis of Run the Bank topics (including regulatory evolution). Ensure the testing & sign off of it
· Interact with Change and Design to ensure “Change The Bank” initiatives are implemented taking into account all the platform constraints and requirements
- Minimum Required Qualifications
- Bachelor degree
- 15-20 years of experience in DEC and LD operations (across, Clearing, Trade support, reconciliation - trade, positions, cash, market fee, Brokerage, Cash and collateral) with specific focus on Risk and Control
- Experience in managing large teams across locations
- Good understanding of regulatory topics impacting DEC
- Experience interacting with outside parties, clients and various lines of business seeking solutions for enhancing control environments
Preferred Qualifications:
- experience in client services, solutions, or relationship building and management
- Project management experience specific to establishing best practices, process improvements, and implementation of operational controls
Technical & Behavioral Competencies
- Strong Communication skills required for an effective liaison with counterparties and internal stakeholders to the reconciliation process. (Middle offices, marketers, traders, credit, compliance and legal)
- Take Accountability and Ownership, Having good control and analytical mindset
- In depth practical and theoretical understanding of DEC and LD lifecycle
- Good knowledge of Exchange Traded derivative products /ETD Clearing.
- Experience of the commodity exchanges’ and CCPs’ platforms
- Flexibility to accommodate business requirements and working hours.
- Ability to use Excel at an intermediate level - essential
- Excellent numerical and analytical skills - essential
- High attention to detail and quality focused
- Be comfortable with escalation and managing issues as they arise
- Forward thinking and proactive with the ability to question process
- Ability to work under pressure
Specific Qualifications (if required)
- Bachelor’s degree from a college or university
- Strong Communication skills and client focus oriented
- Fundamental understanding of clearing /Futures & Options markets.
- Knowledge of all Microsoft Office applications (Excel, Word, PowerPoint, Access)
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Attention to detail / rigor
Organizational skills
Personal Impact / Ability to influence
Critical thinking
Transversal Skills: (Please select up to 5 skills)
Ability to understand, explain and support change
Analytical Ability
Ability to develop and leverage networks
Ability to understand, explain and support change
Choose an item.
Education Level:
Bachelor Degree or equivalent
Experience Level
15-20 years
Other/Specific Qualifications (if required)
NA
