Job Title: Assistant Manager

Department: Trade Support Bonds - AMER

About Business line/Function: 

Global Market Operations, also known as COCE (client operating center of excellence) is further divided into 4 departments i.e. Trade Processing & Support, Product Control, Client Management & Change Management. Product Control in the wider market outside of BNP is Middle Office. Product Control consists of streams like Documentation & Reconciliation, Trade Support, P&L & Trading Portfolio & controls. Product Control teams are in regular contact with Market Front Office, Regional Back Office’s and Regional Finance & other support teams for their BAU. 

Position Purpose: 

Primary responsibilities of the team include:

1. Prime Brokerage - Client Service Group, 
2. Manage all aspects of the trade lifecycle for Cash Prime Brokerage (PB) and Swaps, including:
3. Monitoring trade feeds and incoming files
4. Managing spill queues with the assistance of the Trade Support function
5. Ensuring trade feeds are accurately transmitted to the settlement platform

6. Maintain effective communication channels with peer groups.

2. Collaborate with internal teams and escalate unresolved issues promptly.

3. Participate in brainstorming sessionsand cross trainingto share best practices and ideas.

4. Responding to client queries & Front office queries.

5. Liaison with tradingdeskand related stakeholders to escalate any trade or booking issues.

6. To perform day-to-day trade & position reconciliation and analyze all the breaks arisen from the related reconciliation reports to ensure proper control and measure the associated risks on all outstanding breaks.

7. Validate the trades in the booking systems.

8. Perform standardized and specific controls as percontrolplan and upon agreed schedule.

9. Provide standardized and specific reports as per requirement and upon agreed schedule.

10. Contribute to transversal projects coordinated by Projects teams.

11. Contribute to Risk Control framework: End-of-day Risk Limits, Intraday Risk Limits and Trader Mandates.

12. Ensure that daily end-of-day/intraday limits and mandate breaches are investigated, understood, promptly escalated according to the globalpolicyand all the comments are well documented in the daily/weekly/monthly summary reports and Dashboard.

13. Summarize and report outstanding issues to global V&RC management, coordinate to resolve the issue.

14. Validate the official Economical P&Lfiguresand the related P&L explains and investigate the discrepancies with the Front Office Predict.

15. Participatetoglobal projects, localprojectsand improvement ofthe productivitywithin the team by proposing initiatives.

16. Accountable for end-to-end transaction management lifecycle for their respective client coverage.

17. Collaborate withtechnology/support team to help identify internal and external facing technology improvement opportunities.

18. Perform due diligence on Institutional clients across all risks for SDD,CDD& EDDfiles.

19. Perform required KYC screenings on customers documenting the information obtained on the clients as required byglobalKYC procedure.

20. Process the reconciliation vis-à-vis the clearing house (trades, position, premium, Initial margin, variation margin, fees etc.) for various Asian markets.

21. Contributing ideas to improve the process by identifyingappropriate controlmeasures.

Skills Referential (Required knowledge, skills and abilities)

Transversal Skills:

·       Analytical Ability

·       Ability to understand, expain and support change

·       Ability to develop and adapt a process

·       Ability to develop and leverage networks

·       Ability to anticipate business / strategic evolution

Behavioral Skills: 

·       Ability to collaborate/Teamwork

·       Decision Making

·       Critical thinking

·       Ability to share/ Pass on Knowledge

Education Level:  Bachelor Degree or equivalent

Location: Mumbai

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, corporates 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.

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.

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. 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.