Senior Associate/Assistant Manager - Trade Support Bonds – Product Control
General Information
Ref #
111111111112322
Country
India
Region
Karnataka
City
Mumbai
Contract type
Permanent
Professional Family
F15 - OPERATION PROCESSING
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 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.
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 Businessline/Function :
Product Control is part of COCE (Client Operating Centre of Excellence), performing multiple Middle Office functions. Product Control have 6 verticals - P&L and Valuation Controls, OTC Trade Validation, Securities Trade Validation & Documentation, OTC Documentation, Trading & Portfolio Control and Position Management. Team works very closely with Trading, Sales, Business Managers and various FtB teams like Back Office, Regional Finance and COO community.
Job Title:
Associate - Bond Trade Support
Date:
2025
Department:
COCE
Location:
Bengaluru
Business Line / Function:
Product Control
Reports to:
(Direct)
Head of Team
Grade:
(if applicable)
NA
(Functional)
NA
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
To provide efficient and well controlled operational support for Bonds and Repo activities in Global Market and ALMT metier
The position is highly critical and has heavy interactions with sales/trading and clients in US.
Team coverage starts in the US timezone. Team should have appropriate shift to ensure sufficient coverage.
Responsible to manage Bond Trade Support team
Responsible to develop people in the organization and manage the team with strong leadership.
Position is fully accountable Bond Trade Support.
Responsibilities
Direct Responsibilities
· Bring Direct contribution to BNPP operational permanent control framework
· Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls
· Ensure appropriate escalation to management and/or permanent control (or compliance as appropriate) as soon as an issue is identified.
· Comply with internal and external regulatory and compliance requirements
· Comply with the BNPP standards of Code of Conduct
· Comply with the BNPP IT Security policies
· Anti‐Money Laundering / Financial Sanctions “AML/FS”) related duties: Operations are an integral part of the control framework including for AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS‐related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.
· Responsible for providing direct assistance and support to Asia-based marketers and traders in Asia Pacific in respect of bond and repo products:
· following up of any trade or settlement details discrepancies for trades done in Asia Pacific
· reconciling trades between front office pre-confirmations to external clients and deal capture systems