Job Title: Assistant Manager P&L

Department: Market Ops

About Business line/Function: Valuation & Transversal Services

Position Purpose: P&L Production

Direct Responsibilities

Ensure the daily IPV (aka independent price verification) of prices for the whole Global Equities activity (Equity Derivatives + Prime Services) ·         

Ensure the monthly independent price verification of prices for the not complex scopes of Global Equities activity (Equity Derivatives + Prime Services) ·   

 Analyse the drivers of the IPV and communicate clearly the IPV impact and any IPV issues to the appropriate teams. ·         

Ensure accurate submission to external consensus provider (if necessary). 

Perform second level of control in application of RISK guidelines in the valuation calibrations. 

Show initiative to review, challenge, identify and recommend improvements on processes that will benefit control and efficiency. Once approved ensure accurate implementation and update SOPs. Be the face of the VC team on questions related to IPV processes and be able to decompose, descript and explain the process front to back. ·         

Gradually be a participant in discussions with Risk, FO, Finance, Auditors and management for issues/improvements/challenges related to IPV. 

Gradually build and maintain relationships with other Product Control teams, Front Office, Middle Office, Finance and Risk-GM based on trust, respect and professionalism. 

Maintain accurate and clear SOPs (Standard operating procedure) on the allocated IPVs.

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, 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.

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.