Manager Trade Support - Product Control - BNP Paribas

Job Description

About BNP Paribas India Solutions:

Established in 2005 BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA European Unions 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 bestinclass solutions.

About BNP Paribas Group:

BNP Paribas is the European Unions leading bank and key player in international banking. It operates in 65 countries and has nearly 185000 employees including more than 145000 in Europe. The Group has key positions in its three main fields of activity: Commercial Personal Banking & Services for the Groups 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 fastgrowing business in AsiaPacific. 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 Groups 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:

Global Market Operations (GMO) covers Front Office activities such as ALM/Treasury and Fixed Income local booking. GMO consists of various streams Control and Investigations Settlement Collateral and Reconciliation. GMO teams are also in regular contact with Capital Market Middle Office Regional Back Offices and Regional Finance.

Job Title:

Assistant Manager / Team Lead / Manager

Date:

2024

Department:

COCE Product Control

Location:

Mumbai

Business Line / Function:

COCE Product Control Trade Support

Reports to:

(Direct)

Lead

Grade:

(if applicable)

NA

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

NA

POSITION PURPOSE

Our tier One Corporate and investment banking client is looking for an individual to join with a permanent contract the Exotic Trade Support team. Within this business the Exotic Trade Support team is part of Global Market Operations and is dedicated to provide a premium service to Front Office and indirectly to BNPs clients acting as the single point of contact regarding posttrade management (primary trades validation & lifecycle events management) and daily operational activity across all asset classes.

The teams are based in Lisbon Paris New York and Hong Kong provide seamless solutions in Exotic Equity Derivatives ensuring traders benefit from local support and expertise as well as proactive management of their issues.

Product Scopes: all Exotic Equity Derivatives risk managed in APAC (Exotic Options Exotic Swaps Autocallable Structured Notes etc.)

The APAC Exotic Equity Derivatives teams primary responsibilities are

• To book and follow up all the trade operations pending on T1

• To be the middleman to coordinate all information from client and FronttoBack to ensure smooth processing and settlement is properly performed

• To perform daytoday core trade support functions to Trading including trade validation late trade booking trade amendment and cancellation

• To handle any posttrade events such as corporate action adjustment secondary event booking and notification

• To perform as an independent control team to strengthen all the control within Global Market Operations and to follow the escalation rule

• To assist work closely and have frequent contact with Front Offices (Sales Trading Business Managers Relationship Managers).

Responsibilities

Trade Support Functions

• Trade Booking Amendment & Validation

• Reconciliations

• Trade Lifecycle Events

• Install a good efficient communication/dialogue with client Sales Trading Relationship Managers and IT

• Ensure all queries are handled correctly by the right department in a timely manner both internally and externally

• Follow up of any clients request until the issue is solved

• Minimize operational risk and detect fraud

• Escalation to the management and further to Management/FO/Business/Risk if needed

• Identify implement and maintain all referential detail: Product Client and any other.

• Ensure all cash flows are correct and paid on pay date.

• Participate to global & local improvement automation or regulatory projects

Experience Required

Minimum of 7 years experience

Skills Referential

Behavioural Skills:

Ability to deliver / Results driven

Ability to collaborate / Teamwork

Communication skills oral & written

Ability to share / pass on knowledge

Transversal Skills:

Ability to understand explain and support change

Analytical Ability

Ability to develop others & improve their skills

Ability to develop and adapt a process

Ability to inspire others & generate peoples commitment

Education Level:

Bachelor Degree or equivalent

Experience Level :

At least 7 years

Other/Specific Qualifications (if required) NA