Job Title: AM-  OTCD POST SETTLEMENT INVESTIGATION

Department: Markets Operations ( FXMM-OTCD)

About Business line/Function: The FX MM OTC business line drives the origination, execution and post-trade processing of all over-the-counter foreign-exchange and money-market transactions across the bank’s global client base. It delivers end-to-end trade lifecycle services—including confirmation, collateral management, DVP settlement and exception handling—while adhering to the highest standards of risk control, regulatory compliance, and operational efficiency. Leveraging a unified technology platform and a worldwide network of clearing partners, the team ensures seamless, timely and secure settlement outcomes that underpin BNP Paribas’s liquidity and pricing capabilities in the FX-MM markets.

Position Purpose: 

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

The investigation team is in charge of 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 is in charge of Institutional clients.

Please note that due to the activity linked to this position, you will be considered an associated Person position and a background check is required.

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

Soft skills required:

• Ability to learn quickly and adaptability in a fast pace work environment
• Analytical skills, effective problem solver and consensus builder
• Excellent communication and interpersonal skills, team spirit and client focus

·       Able to work under pressure

· Ability to prioritize workloads and use a proactive approach to meet deadlines

• Controls oriented profile, ability to manage operational risks

Hard skills required:

·       Good knowledge of Rates and Credits products

·       Good knowledge of the trade life cycle, including banking payment environment (Swift network, etc.)

·       Fluent in English

Behavioral Skills:

* Analytical thinking

* Stakeholder communication

* Proactive problem solving

* Resilience under pressure

Education Level: Bachelor Degree or equivalent

Location: Mumbai, India.

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.