Job Title: Associate

Department: Market Operations – Valuations & Transversal services 

About Business line/Function: Position Control & Reconciliations Team

Position Purpose: 

Primary responsibilities of the team are: 

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.

Responsibilities

Direct Responsibilities

Position guarantee – 

Has the responsibility made sure positions are in line & guaranteed that positions in booking systems are correct.

Is the reference for position validation for P&L, Process & IT teams for migration or rebooking & at any time for trade support, front office, & back office

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.

Break Analysis – The Analyst is responsible for

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 immediately do the appropriate action/correction.

Contributing Responsibilities

Reconciliations Improvements – Analyst

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 reconciliation in order to reduce operational risk where applicable.

Implementing/enhancing reconciliation tools to fit with trade support needs.

Transversal involvement – Analyst 

Is in charge of all reconciliation assigned & is indeed involved in the process 

Ensure all the STP processes in place are performed efficiently & effectively in a timely manner.

Take Initiatives, communicate with BO & other PCA sites on the enhancement & development of new products STP process

Completion of ORUS on Daily basis

Technical & Behavioral Competencies

Specific Qualifications:

Strong Equity derivatives products knowledge including the F2B workflows and the product event management.

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

Behavioral Skills: 

•  Creativity & Innovation / Problem solving 
• Attention to detail / rigor
• 
  
  • Client focused
  •  Ability to collaborate / Teamwork 

Education Level: bachelor’s degree or equivalent

Location: Bangalore

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.