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.

About Business line/Function :

Global Market Product Control team provides support for internal reconciliations, trade validation, P&L, Valuation control, documentation services and Regulatory reporting for varied product classes for the global business.

Direct Responsibilities

Position guarantee – 

The Manager/AVP has the responsibility to make sure positions are in line & guarantee that positions in booking systems are correct.

Team is in charge of position controls & uses all the reconciliations tools available.

The reconciliation is exhaustive & is done on a daily basis.

All the reports performed by the team must be checked & analyzed every day & all exceptions to be reported escalated as appropriate

Break Analysis – 

Liaise and follow-up on exceptions/breaks as soon as possible to the related teams (trade support, FO, BO) for action/correction.

Providing a complete, detailed & pertinent analysis to let the trade support, Settlements, CA & other teams involved immediately do the appropriate action/correction.

Review the breaks on a regular basis with the team and ensure diligent focus on risk management and escalation of breaks based on a risk based approach.

Tasks embedded to fulfill those objectives

There are different level of reconciliation performed by the team at Trade, Position & Cashflow level.

Make sure all the exceptions are investigated same day & reported to respective teams involved in the chain to make required correction in tool.

The adequate level of oversight and supervision needs to be provided to ensure the reconciliations are completed accurately and timely and appropriate escalation protocol is followed.

Reconciliations Improvements

Manager/AVP is constantly concerned by ensuring that reconciliation tools run correctly & provide reliable results.

Making the reconciliation tools evolve to fulfill with production needs --> new systems, new products, and specific request from trade support.

Extending the global area of reconciliations in order to reduce operational risk where applicable.

Implementing/enhancing reconciliation tools to fit with trade support, Settlements, CA & other team needs.

The lead will ensure the reconciliation improvements are identified, plans drafted and executed within agreed timelines to meet the risk mitigation and efficiency targets for the group.

Transversal involvement

Is in charge of all reconciliation assigned & is indeed involved in the process

Ensure all the Reconciliation process in place are performed efficiently & effectively in a timely manner.

Take Initiatives, communicate with BO & other PCA sites on the enhancement & development of new Reconciliation processes

Completion of ORUS on Daily basis and review any exceptions accordingly

Technical & Behavioral Competencies

Technical Knowledge

• MBA from a reputed business school will be an added advantage
• Strong Preference to have MS and programming skills (VBA, Alteryx, Python) would be a significant plus.
• Good understanding of trade life cycle with experience into reconciliations, trade capture/settlements will be preferred

Skills and competencies

• Analytical mindset: Aptitude to understand the F2B workflows and handle exceptional issues with logical mindsets to communicate with Front Office
• Ability to influence: Influence stakeholders and work closely with them to determine acceptable solutions. 
• Time management : Excellent planning, organizational and time management skills 
• Attention to detail: Escalate in timely manner, highlight any abnormalities
• Innovation and initiatives (Think “outside the box”): Demonstrate willingness to constantly improve the status quo. Understand well the processes & suggest innovative ideas.
• Self-discipline & autonomy: Have a constant “delivery on time” mindset, on the daily production.
• Adaptability & Change Management: Ability to easily adapt to new situations (new booking systems, new products, new activities to manage…) as this is a constant changing environment

Skills Referential

Behavioural Skills: 

Creativity & Innovation / Problem solving

Attention to detail / rigor 

Solution focused / can do attitude

Ability to collaborate

Transversal Skills: (Please select up to 5                 

skills) 

Analytical Ability 

Ability to understand, explain and support change 

Ability to develop and leverage networks 

Ability to develop and adapt a process  

Ability to manage a project

Education Level:                                         Bachelor Degree or equivalent 

Experience Level                                        6 to 15 years

Other/Specific Qualifications (if required)