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 Business line/Function :

Global Markets is BNP Paribas’ capital markets business within the Corporate & Institutional Bank (CIB), delivering solutions across asset classes, and industry-leading services for clients including Institutional, corporates, private banks and retail distribution networks. 

Global Markets encompasses three global business lines: Macro, Global Equities and Global Credit. Prime Services, as part of the Global Equities business line primarily focuses on facilitating effective ways to raise and invest capital as well as manage their exposure to risk for their clients. 

Prime Services combines the historical strength in traditional Prime Brokerage services providing the following business offering (Financing, Prime Brokerage Services, Risk Management and Execution) – top rated in Securities Lending, Client Service, Capital Introduction and more – with the innovative DNA of the Equity Derivative franchise.  This combination allows us to anticipate client needs and develop solutions to the problems they face. 

The role proposed is for the Equity Financing - Securities Lending team (SLAB) within Prime Services, including cash prime brokerage with focus on APAC region. The successful candidate will work closely with wider Securities Lending Trading team and other internal teams including Sales, Operations, Middle Office, Finance & Technology to support key deliverables of SLAB functions in line with the evolving regulatory environment.  

Job Title:

Senior Associate/ Associate Manager/ Manager

Date:

Department:

Front office Support, Global Markets

Location:

Mumbai

Business Line / Function: Prime Services

GM COO Office 

Reports to:

(Direct)

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

-

Directorship / Registration:

NA

Prime Services combines the historical strength in traditional Prime Brokerage services providing the following business offering (Financing, Prime Brokerage Services, Risk Management and Execution) – top rated in Securities Lending, Client Service, Capital Introduction and more – with the innovative DNA of the Equity Derivative franchise.  This combination allows us to anticipate client needs and develop solutions to the problems they face.

The role proposed is for the Equity Financing - Securities Lending team (SLAB) within Prime Services, including cash prime brokerage with focus on APAC region. The successful candidate will work closely with wider Securities Lending Trading team and other internal teams including Sales, Operations, Middle Office, Finance & Technology to support key deliverables of SLAB functions in line with the evolving regulatory environment.  

The Trading Assistant is expected to show initiative, flexibility, accuracy, good communication and commitment working in the front office environment. TAs will act as a link between the FO, MO and BO, handles post-trade workflows and acts as gatekeeper in our frontline control framework to ensure trades are booked in accordance with internal and regulatory guidelines.

Responsibilities

-          Work closely with the Securities Lending Trading desk (SLAB) which is part of the Prime Services business at BNP Paribas. Develop front to back understanding of SLAB Business.

-  Assist SLAB desk with various critical Book Management activities.

-   Key Book management functions include but not limited to Shorts cover, Over-borrow management, Rerating & Refinancing across APAC markets.

-  Perform end to end life cycle for Pay to hold trades.

-         Perform key trade bookings for the Desk.

-         Perform various analytics like Daily/weekly/monthly color on SBL/ market trends.

-         Develop tactical solutions using Python/VBA to automate functions wherever possible to optimize inventory and enhance efficiency by automating workflows.

-         Liaise with other internal teams like Collateral Mangement, Middle office, Settlement, Operations, Finance, IT to ensure smooth running of the day-to-day functions.

-          Participating in projects to support and implement new trading tools and platforms.

-      Ensure all functions are carried out diligently & carefully, putting control measures in place to prevent errors.

Specific Qualifications (if required)

·  Minimum 2-5 years of experience working in a related role (Middle-Office or Front office assistant)

·  Strong product and market knowledge 

·  Good understanding of market conventions, workflows, and transaction life cycles to ensure a successful and smooth process

·  Understanding of a programming or computer skills (Python / VBA) would be a plus 

·  Ability to thrive under pressure and in a fast-paced environment

·  Ability to work independently as well as a strong team player

·  Effective communication skills - written and verbal 

·  Excellent attention to details and good problem-solving skills

·  Risk awareness and understands its impact to Front Office and Operational risk

·  Strong decision making and analytical skills

·  Ability to manage change and complexity with confidence

·  Client focused and commercial thinking

·  Excellent interpersonal and communication skills

·  Self-motivated and genuine interest in Banking and Finance

·  Proficiency in Microsoft office (MS Word, Excel & Power point)

· Knowledge of BNPP systems would be a plus

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Critical thinking

Communication skills - oral & written

Attention to detail / rigor; Ability to work under pressure

Transversal Skills: (Please select up to 5 skills)

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 2-3 year

Other/Specific Qualifications (if required)