Job Title: Associate - ALMT - P&L Production - APAC

Department: P&L and Valuations

About Business line/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.

Position Purpose: To oversee the daily operations of the ALM Treasury P&L and Trade Support team as a team manager by monitoring and managing daily work issues and contributing and upholding the kaizen culture of the team.

Responsibilities

Direct Responsibilities

· Responsible for preparation and analysis of Treasury and funding desks P&Ls in APAC: 

by investigating any abnormal swing of P&L

by performing economic analysis of P&L

by ensuring accuracy of the P&L by-effects and attributes.

by reporting month end P&L information and adjustments to Finance. 

Responsible for trade processing, amend and cancellation for the Treasury desks in APAC 

Responsible for trade controls, and prompt rectification of booking issues impacting settlement and Treasury desk positions 

Contribute to market parameters control and the adherence to the Global Markets P&L Policy

Contribute to improving systems or change of systems:  

by addressing possible technology enhancements 

by testing any change of systems 

by addressing relevant issues surrounding implementation of new systems 

Contribute to reconciliation controls and trade support functions for the Treasury perimeter

Responsible for portfolio controls and documentation of operational procedures for activities in-charge 

To provide coverage of duties of other staff as assigned 

Ensuring appropriate escalation to management and/or Permanent Control (or Compliance as appropriate) as soon as an issue is identified.

Contributing Responsibilities

Knowledge of money market, FX and interest rate (derivatives) products

Strong analytical and conceptual skills 

Good IT knowledge (Front- and Back-office systems, MS Office package)

VBA skills are preferred, and knowledge of Python programming is a plus 

Technical & Behavioral Competencies

IB Equity Operations experience preferred, essentially in Trade Support functions

Experience working within algorithmic trading highly beneficial

Competency with MS Suite, especially Excel, and the ability to learn multiple programs quickly

High level of product knowledge in Equities • High level of knowledge of middle office and back-office systems

Strong organizational skills and ability to prioritize

Innovative - constantly identifying gaps in process and seeking improvements

Ethics and Control must have good work ethics and risk / control mind set

Communications ability to communicate effectively within the team and Front Office

Collaboration ability to work well with others especially in day-to-day resolution and escalation of issues

Specific Qualifications:

Graduate in Banking and Finance/Accountancy/Mathematics

Minimum of 5 years work experience in Product Control/Finance Control/Risk/Operations or related function

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

• Analytical Ability
• Ability to understand, explain and support change
• Ability to develop and adapt to a process
• Ability to develop and leverage networks
• Ability to anticipate business / strategic evolution

Behavioral Skills: 

• Ability to collaborate / Teamwork 
• Decision Making 
• Critical thinking
• Ability to share / pass on knowledge 

Education Level: Bachelor’s degree or equivalent

Location: Mumbai

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 specialized 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, corporate 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.

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.

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. 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.