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Informations générales

Type de contrat
CDI
Nom
Associate Level 1 / Senior Associate - Drafting Team
Ref #
OPE002871
Date
Mercredi, Mai 8, 2024
Ville
Mumbai
État
Maharashtra
Pays
Inde

Description & exigences

Job Description

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.

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 specialised 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

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 :

Global Market Operations also known as COCE (client operating center of excellence) is further divided into 4 departments i.e. Trade Processing & Support, PnL, 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.

Job Title:

Associate Level 1 / Senior Associate – Drafting team

Date:

2024

Department:

COCE Product Control

Location:

Bengaluru / Mumbai

Business Line / Function:

COCE Product Control

Reports to:

(Direct)

Manager

Grade:

(if applicable)

NA

(Functional)

NA

Number of Direct Reports:

0

Directorship / Registration:

NA

Position Purpose

Global Markets Documentation

 

The officer will be a part of the confirmation drafting team for Foreign Exchange, Money Market, Equity Derivatives, Credit and Interest Rate Derivatives and Commodity trading (power, gas, oil, precious metals).

Responsibilities

Drafting Team:

The Drafting team is responsible for ensuring that all BNP Paribas confirmations are

Dispatched to clients i.e Interbank and Corporate Clients. The team covers a wide range of products traded by the Trading desks such as Vanilla products and the more complex Structured trades.

The Drafting team is also responsible to perform final verification of the trade economics before dispatching the final confirmations to counterparts.

The team works closely with other Trade Processing teams, legal teams and Front Office to ensure timely communication for any booking discrepancies, template issues and outstanding confirmations.

·       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 as soon as an issue is identified.

·       Ensure that documentation controls are done daily, comments detailed clearly, and be responsible for reliability of records

·       Ensure set KPIs are met

·       Play a Role in Project Management

Contributing Responsibilities

 

Continuous Control & Improvement:

  • Continuous review of processes and controls ensuring we minimize the Operational Risk to BNP Paribas.
  • Contribute to the Permanent Control framework

Projects

·    Participate to global projects related to any Documentation processes improvements.

·    Play a key Role in Project Management

 

Key results areas:

·    Process Alignment

·    Capacity to handle analysis/ continuous improvement/light touch projects

·    Transversality of the global setup

Technical & Behavioral Competencies

Technical competencies :

 

  • Fluent English & French
  • ISDA definitions & templates
  • Front to back workflow
  • Risk Management
  • Strong analytical skills
  • Ability to innovate
  • Strong team player and strong problem-solving mindset as well as client-oriented
  • Advanced proficiency in Excel & presentations

Behavioral Competencies :

 

  • Organized & good resistance to stress
  • Attention to detail
  • Ability to prioritize workloads & use a proactive approach to meet deadlines
  • Self-discipline & autonomy
  • Adaptability & Change Management: Fungible resource who is ready to adapt
  • Strong Client Focus: Client is at the center of all our concerns.
  • Escalation & Reporting
  • Effective escalation and consensus builder

Specific Qualifications (if required)

·       Experience in Documentation prefered (drafting /chasing/matching)

·       Bachelor or Master Degree on Economics, Mathematics or Finance.

·       Fluent in English & French  (both oral and written communication)

 

Skills Referential

 
 

Behavioural Skills: (Please select up to 4 skills)

 
 

Attention to detail / rigor

 
 

Ability to deliver / Results driven

 
 

Client focused

 
 

Communication skills - oral & written

 
 

Transversal Skills: (Please select up to 5 skills)

 
 

Ability to set up relevant performance indicators

 
 

Ability to understand, explain and support change

 
 

Analytical Ability

 
 

Ability to anticipate business / strategic evolution

 
 

Ability to understand, explain and support change

 
 

Education Level:

Bachelor Degree or equivalent

 
 

Experience Level

At least 3 years

 
 

Other/Specific Qualifications (if required)