Associate Level 1 / Senior Associate – APAC Booking Controls

Employment contract:

Permanent

Location:

Mumbai, Maharashtra, India

Job/mission:

OPERATION PROCESSING

Reference:

12354672

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 24×7
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:

Product Control is part of
COCE (Client Operating Centre of Excellence), performing multiple Middle
Office functions. Product Control have 6 verticals – P&L and Valuation
Controls, OTC Trade Validation, Securities Trade Validation &
Documentation, OTC Documentation, Trading & Portfolio Control and
Position Management. Team works very closely with Trading, Sales, Business
Managers and various FtB teams like Back Office, Regional Finance and COO
community.

The EQD Trade Support flow
ensures that all the EQD transactions registered in the books under CIB ITO’s
mandate match the commitment taken with counterparties within a secure setup,
in accordance with Group and Regulatory Policies and/or the contractual agreements.

The main covered processes
for these transactions include booking, validation, transaction event related
follow-up validation, financial or physical delivery through a secure
framework.

The EQD Trade Support
Officer role falls within the Product Control department.

The EQD Trade Support
officer is directly responsible for all the transactions booked in the EQD
Front to back chain and guaranty the position of the bank

Job Title:

Associate Level 1 / Senior Associate
– EQD Trade Support

Date:

2024

Department:

COCE Product Control

Location:

Mumbai

Business Line / Function:

COCE Product Control

Reports to:

(Direct)

Lead of the Team

Grade:

(if applicable)

NA

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

The EQD
trade support is one of the main contributor of the bank in term of ensuring
the accuracy of the transaction initiated by the trading after their
execution. In his very specific position in the operation chain the trade
support will liaise with several teams such as FO, documentation, settlement
BO, collateral, PnL reporting factory, anti-fraud, compliance, IT, accounting
etc

Our mandate is to transform the post execution chain into
a safer process with a harmonized and industrialized platform by increasing
efficiency and reducing the operation risk. Our mandate is also driven by the
satisfactory of our external and internal clients

Responsibilities

Direct
Responsibilities

 

·       The EQD Trade
Support officer is directly responsible for all the transactions booked in
the EQD Front to back chain and guaranty the position of the bank

·       Trade validation

·       Trade event
processing : Position and trades adjustment, such as increase decrease,
corporate action, life cycle event, expiry , assignation

·       Risk monitoring,
contribute to remediation plan, escalate issue to his management all issues
faced

Technical & Behavioral
Competencies

·       Positive and dynamic attitude to complying
with deadlines and objectives.

·       Be able to adapt to the change

·       products and market knowledge, and the post
execution chain

·       Rigorous and organized

·       Communication skills and listening skills

·       Develop a solution oriented mind set and a
team spirit

·       Contribute to the global motivation of the
team

·       Maintain a follow up file updated of the
project that the analyst is in charge of

·       Demonstrate a proposal mind-set in order to
better serve our clients and improve the quality of our day to day tools

·       High degree of interest in product and process
issues affecting the department.

·       Participate in the cross training program

·       Effective time management and ability to
prioritize workload and escalate issues to management.

·       Have strong interpersonal / communication
skills.

Specific Qualifications (if required)

NA

Skills
Referential

Behavioural Skills:

Ability
to collaborate / Teamwork

Attention to detail / rigor

Critical thinking

Resilience

Transversal
Skills:

Ability
to understand, explain and support change

Ability
to anticipate business / strategic evolution

Analytical
Ability

Education
Level:

Bachelor Degree or equivalent

Experience
Level

At
least 3 years

Other/Specific
Qualifications
(if required)

NA