About BNP Paribas Group:

BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe 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 6000 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.

About Business line/Function:

Product Control is part of COCE (Client Operating Centre of Excellence), performing multiple Middle Office functions. Product Control have 6 verticals - P&L and Valuation Controls, OTC Trade Validation, Securities Trade Validation & Documentation, OTC Documentation, Trading & Portfolio Control and Position Management. Team works very closely with Trading, Sales, Business Managers and various FtB teams like Back Office, Regional Finance and COO community.

Job Title:

Senior Associate

Date:

2025

Department:

COCE Product Control

Location:

Mumbai

Business Line / Function:

COCE Product Control

Reports to:

(Direct)

Manager

Grade: 

(if applicable)

Manager

(Functional)

Number of Direct Reports:

Nil

Directorship / Registration:

NA

Position Purpose

We are looking for dedicated individual to join our team as a Team Leader within the Product Control space. Below are few responsibilities which are to be complied by individual.

The group has multiple teams within the Product Control umbrella of which Position Management is a stream which also involves reconciliations. The incumbent will join the current team and will help create stability and allow for the growth of the teams in India.

Responsibilities

The responsibilities of the role include 

2. Effectively communicating insights and plans to cross-functional teams and management.
3. Gathering critical information from meetings with various stakeholders and producing useful results/reports.
4. Working closely with SMEs, change and governance, technology and operational leads to drive the changes.
5. Prioritizing initiatives based on business needs and requirements.
6. Conduct Governance calls covering Aged/high value exceptions & get appropriate timelines for resolution
7. Identify any potential items which could expose team to Audit findings & proactively remediate
8. Identify risk & work towards risk mitigation

The team works closely with other Trade Support teams and Trading to ensure timely communication for any breaks identified.

Main drivers are client service quality, independent control, operational risk safety and cost efficiency.

Direct Responsibilities

Position guarantee –

Senior Associate 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.

Assigned reports must be checked & analyzed every day & all exceptions to be reported escalated as appropriate

Break Analysis –

Making sure completion of assigned tasks of breaks, Communicating the 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.

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

Reconciliations Improvements -

Senior Associate 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 teams needs.

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

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

Specific Qualifications (if required)

• Strong Preference to have Bachelor or Master Degree on Economics, Mathematics or Finance.
• Technical knowledge would be an added advantage within Automation tools such as Alteryx, UI Path, Python, etc
• 2-8 years’ of relevant experience.

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Creativity & Innovation / Problem solving

Attention to detail / rigor

Client focused

Ability to collaborate / Teamwork

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to understand, explain and support change

Ability to develop and adapt a process 

Ability to develop and leverage networks

Ability to manage a project

Education Level: 

 Bachelor Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications (if required)