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General Information

Ref #
48321049
Country
Philippines
Region
National Capital Region
City
Taguig City
Contract type
Permanent
Professional Family
F15 - OPERATION PROCESSING

Description

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) to offer client-first post trade services. Team member is generally assigned with two or three Markets.

 

We are looking for a highly motivated and experienced FXMM & OTC Derivatives Manager to join our BNP Operations team. In this role, you 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.

 

 

Key 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

 

Qualifications:

  • 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
  • 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