General Information
Ref #
612345678901013335
Country
Filipíny
Region
National Capital Region
City
Taguig City
Contract type
Trvalý
Professional Family
F15 - OPERATION PROCESSING
Required experience in the field
Zkušený
Description
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 Solutions - Philippines Branch
Established in 2024, BNP Paribas Solutions Philippines Branch is a branch of BNP Paribas Group, a leading bank in Europe with an international reach. We provide support services, back-office operations services related to or which further the accomplishment of the corporation’s investment services, banking transaction processing, and equity investment.
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, color, 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:
FXMM Derivative Back Office is responsible for the day-to-day settlement for Derivative products and Money Market. Team operates in close collaboration with marketers, sales and other internal function teams (APAC & EMEA.) to offer client-first post trade services. Team members are generally assigned with two or three Markets.
Position Purpose
This role will be responsible for 100% BAU working day-to-day operations of our FXMM and OTC derivatives business, ensuring that all trades are- processed are efficient, accurate, and compliant with regulatory requirements.
Responsibilities
- To Process payment for Value date and Value date -1, ensure all the payment are cleared.
- To Create Manual Payment and able to Authorize value payment from SWIFT Alliance
- Ensure that all Corporate/Inter-bank trades are processed and approved in a timely manner
- Trade Settlement with onshore/offshore clients
- Review critical control reports for manual settlement or processing;
- Perform EOD reconciliations
- Cash management related with funding trades.
- Have knowledge about MT103, MT202 Payment and MTMX Messages.
- Troubleshoot potential operational problems and resolve issues
- Assist with other staff members in the daily operation requirements
- Ensure compliance with regulatory requirements and internal policies and procedures
- Develop and maintain strong relationships with internal stakeholders, including traders, sales, and risk management
Technical & Behavioral Competencies
- Bachelor's degree in finance, economics, or a related field
- Minimum of 8 years of experience in operations, with at least 5 years in FXMM and OTC derivatives
- Strong leadership skills, with experience managing teams of at least 5 people
- Excellent knowledge of FXMM and OTC derivatives products and processes
- Strong understanding of regulatory requirements and risk management principles
- Excellent analytical and problem-solving skills
- Strong communication and interpersonal skills, with the ability to build relationships with internal and external stakeholders
- Ability to work in a fast-paced, high-pressure environment
- Experience with operations technology and systems is a plus