Job Title: Associate- Global Market: TFLM Mumbai

Department: Global Markets & ALMT Operations – Treasury Liquidity Forecasting and Monitoring

About Business line/Function Treasury Funding and Liquidity Monitoring (TFLM) Team, part of Global Market Operations, plays an important role in managing the Nostro Position of the various accounts of the multiple branches in APAC Region. The Team provides accurate and timely Position forecast to ALM Desk to manage the Funding of the accounts and mobilize any excess funds.

Position Purpose: The position performs daily activities on Treasury Forecasting and Liquidity Monitoring and Treasury Liquidity Forecasting and Monitoring Team works closely with operations departments and counterpart correspondent banks to ensure the prompt and accurate information regarding Local wire and Nostro position are provided to ALM Treasury properly and promptly

Responsibilities

Direct Responsibilities

Currencies Nostro Position

• Provide ALMT dealers with timely and accurate up‐to‐date position and investigate with operations departments on the query from ALMT.
• Reconcile ledger opening balance against with statement balance and identify if adjustment is required to report to ALMT.
• Check and follow up the identified breaks that impact forecasted position by according to report from ISPL nostro reconciliation team.
• Handle after cut off reporting from operations departments.
• Perform EOD position control to ensure the position has been squared properly by ALMT.
• Arrange nostro levelling between nostro accounts under same currency to ensure sufficient balance maintained in each nostro account.

Reporting

• Prepare daily reports to ALMT and/or relevant stakeholders.

General

• Prepare daily accounting entries posting.
• Participate in UAT on system implementation/enhancement project.
• Support other duties as assigned.

Contributing Responsibilities

• Contribute to process improvements while abiding to control guidelines on day-to-day process.
• Minimizing operational failure, including but not exclusively, the risk of fraud, by helping to devise, and by implementing, sufficient regular controls.
• Ensuring appropriate escalation to management and/or Permanent Control (or Compliance as appropriate) as soon as an issue is identified.
• Contribute to the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan.
• Comply with regulatory requirements and internal guidelines.
• Direct contribution to BNPP operational permanent control framework.

Technical & Behavioral Competencies

• Team player, independent, hardworking, eager to learn and attention to details
• Strong numeric sense
• High adaptability to changing environment
• Able to work under pressure
• Strong analytical and strong risk sense
• Strong Client Focus
• Sense of escalation & reporting
• Able to work early/late shift and overtime if process require.

Specific Qualifications: Bachelor’s degree in commerce or Equivalent with minimum 0-4 yrs of experience.

• Relevant working experience in Treasury Operations will be an advantage
• - Strong Preference to have bachelor’s or master’s degree on Banking, Finance, Economics or Mathematics
• - Strong Treasury (FXMM/ Rate / Bonds) products & operations process knowledge.
• - Excellent MS skills, especially in Excel, will be an advantage.
• - Experience in projects driving will be an advantage.

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

·          Good knowledge of MS office – Excel and power Point and added advantage if knows Power BI.

·          Good product knowledge of Trade lifecycle 

·          Able to understand the Intellimatch lines breaks and Nostro Movements. 

Behavioral Skills: 

·     Ability to collaborate / Teamwork

·     Ability to share / pass on knowledge

·     Critical thinking

·     Ability to deliver / Results driven

·     Ability to adopt and develop the process

Education Level: Bachelor's Degree

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.