Assistant Manager/manager Trade Support Bnp Paribas

Year    Mumbai, Maharashtra, India

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 best-in-class 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 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 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 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 stabilityCommitment to Diversity and InclusionAt 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 Businessline/Function :Global Market Operations also known as COCE (client operating center of excellence) is further divided into 4 departments i.e. Trade Processing & Support, Product Control, Client Management & Change Management. Product Control in the wider market outside of BNP is Middle Office. Product Control consists of streams like Documentation & Reconciliation, Trade Support, P&L & Trading Portfolio & controls. Product Control teams are in regular contact with Market Front Office, Regional Back Offices and Regional Finance & other support teams for their BAU.Job Title:Assistant Manager - Trade Support- Product ControlDate:2024Department:COCE Product ControlLocation:Bangalore/MumbaiBusiness Line / Function:Bonds TSReports to:(Direct)SA/AM/ManagerGrade:(if applicable)NA(Functional)NANumber of Direct Reports:NADirectorship / Registration:NAPOSITION PURPOSEThe Trade Support team looks after the US Bond Trade Support.The resource will need to work in partnership with our clients, sales and trading to ensure that trades are allocated, confirmed, and processed in a timely manner. Provide support to our front office equities trading desks and also act as a point of contact for internal front/back-office enquiries.ResponsibilitiesDIRECT RESPONSIBILITIESA comprehensive understanding of Bonds/Securities front to back trade lifecycle experienceDemonstrate awareness and procedures to mitigate operational risk, escalate appropriatelyTrade amendments and booking reversals of tradesLiaison between Front Office and all supporting functionsWork in partnership with our clients, sales and trading to ensure that trades are allocated, confirmed, and processed in a timely mannerProvide support for front office Bond trading desks.Work closely with technical teams to improve trader experience.Focused work with zero tolerance controls and strict deadlines.Ability to build good relationship within the team and Front Office trading and managementStrong appreciation and value of STP and of IT solutions to reduce processing and improve controlsAbility to multitask, to be flexible re tasks and accommodate varying levels of volume and complexity without deterioration in task qualityAct as point of contact for internal middle/back-office enquiries.CONTRIBUTING RESPONSIBILITIES

  • Direct relationships with the front office / back office colleagues.
  • Build and maintain strong relationships with stakeholders across the globe in Front, Back and Middle Office
  • Strong working and open relationship with local management
TECHNICAL & BEHAVIORAL COMPETENCIES
  • At least Two years and above in an operational support position.
  • IB Equity/Bonds Operations experience preferred, essentially in Trade Support functions
  • Experience working within algorithmic trading highly beneficial.
  • Competency with MS Suite, especially Excel, and the ability to learn multiple programs quickly
  • High level of product knowledge in Equities
  • High level of knowledge of middle office and back office systems
  • Strong organizational skills and ability to prioritize
  • Innovative - constantly identifying gaps in process and to seek improvements
  • Ethics and Control must have good work ethics and risk / control mind set.
  • Communications ability to communicate effectively within the team and Front Office
  • Collaboration ability to work well with others especially in day to day resolution and escalation of issues
SPECIFIC QUALIFICATIONS (IF REQUIRED)Skills ReferentialBehavioural Skills: (Please select up to 4 skills)Ability to collaborate / TeamworkDecision MakingCritical thinkingAbility to share / pass on knowledgeTransversal Skills: (Please select up to 5 skills)Analytical AbilityAbility to understand, explain and support changeAbility to develop and adapt a processAbility to develop and leverage networksAbility to anticipate business / strategic evolutionEducation Level:Bachelor Degree or equivalentExperience LevelAt least 2 Years & AboveOther/Specific Qualifications (if required) This job has been sourced from an external job board.
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Job Detail

  • Job Id
    JD3319389
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year