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:

Position Status:

1.     Function: Back Office

2.     Chiense Wall Classification: Public

Products to cover by the team:

1. OTC Derivatives
2. FX Money Market

Job Title:

Manager

Date:

Department:

Global Markets Operations (FXMM OTCD Settlement)

Location:

Mumbai/Bangalore

Business Line / Function:

Global Markets

Reports to:

(Direct)

Grade: 

(if applicable)

 NA

(Functional)

AVP

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

The FXMM OTCD Back Office Settlement department is operating on behalf of BNPP Paris for Interest Rate and Credit Derivatives & BNPP London.

The investigation team oversees the payment break resolutions with external, internal clients and works closely with the different Front Offices and Middle Offices within the group.

The team is subdivided into two parts – the first one is monitoring Interbank & Corporate clients while the second one oversees Institutional clients. 

Mains tasks are : 

·         Nostro break account management, data recording

o    Investigation files to be recorded in the management tool

o    Break investigations with the Documentation, booking rules & coupon calculations

o    Risk assessment

o    Investigation tool enrichments

o    Payment Accounting adjustments

·         Sensitive accounts follow-up with Finance

·         Generic email box management for incoming emails

·         Cash flows reconciliation before the Credit Roll payment process (quarterly)

·         CLS / DTCC management: daily follow-up – pre-matching – Break resolution.

·         System failures to be reported to the relevant IT development team

·  Continuous review of processes and controls to ensure a high level of risk management

Qualifications:
• Bachelor's degree in finance, economics, or a related field.
• Minimum of 7 years of experience in operations, with at least 5 years in FXMM and OTC derivatives.
• Fair knowledge of FXMM and OTC derivatives products and processes.
• Strong understanding of regulatory requirements and risk management principles.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to build relationships with internal and external stakeholders.
• Ability to work in a fast-paced, high-pressure environment.

Specific Qualifications (if required)

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Organizational skills

Adaptability

Communication skills - oral & written

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Ability to develop and adapt a process 

Ability to manage a project

Ability to develop others & improve their skills

Analytical Ability

Education Level:

 Bachelor Degree or equivalent

Experience Level

At least 7 years

Other/Specific Qualifications (if required)