Job Title: Associate-  Collateral Management

Department: Third Party Collateral Management

About Business line/Function: Global Market Operations

Position Purpose: Managing Service Delivery team within Third Party Collateral - 3CM, contribute in achieving the team’s goal. Creating Human resource assets within organization, Managing and driving internal Team meetings, Clients service on margin calls, interest settlement, dispute resolutions, understanding on client SLA and CSA requirement

Responsibilities

Direct Responsibilities

a. Responsible for the full front to back daily margin call process for specific clients: 

b. Performing Data Quality analysis prior to issuing margin calls. 

c. Margin Call Preparation “Netting Cash Flows / Rolling Interest. 

d. Margin Call issuance. 

e. Booking of eligible Credit Support and fails management. 

f. Substitutions of Collateral with both CCP and Client. 

g. Client Reporting.  

h. Monthly interest settlements. 

i. ISDA/CSA setup knowledge. 

j. Responsible for the Client Testing / Onboarding into Collateral Platforms.

Contributing Responsibilities

Communication skills: Required for liaising with counterparties and internal stakeholders to the collateral process. (Middle offices, marketers, traders, credit and legal) a. Time Management and an ability to adapt to the varying demands of the team. b. Risk Awareness: Strong awareness of Operational, Counterparty, and Regulatory risk. c. Knowledge of OTC derivative products (Credit,, Interest Rate, FX , ) d. Strong knowledge on the life cycle of a trade. e. Previous experience in Collateral Management or other Middle Office Operation functions within Investment Banking. (Exposure to Client Clearing / OTC Margin calls beneficial.) 

Technical & Behavioral Competencies

·       Able to work with large data in excel and suggest process enhancement ideas.

·       Knowledge of advanced formulas & pivot tables in excel is must.

·       Good working knowledge of tools such as Acadia, Calypso, Trioptima etc

Specific Qualifications:

Bachelor’s degree or equivalent

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

• Acadia
• Trioptima
• Ms Office
•  

Behavioral Skills: 

Ability to develop and adapt to a process 

Ability to develop and leverage networks

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, 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, color, 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.