Job Description

About BNP Paribas Group:


BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centered on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

About BNP Paribas India Solutions:


Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe 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 6000 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.

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, PnL, 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 Office's and Regional Finance & other support teams for their BAU.

Job Title:


Senior Associate

Date:


2024

Department:


COCE Product Control

Location:


Mumbai

Business Line / Function:


COCE Product Control

Reports to:


(Direct)


Team lead

Grade:


(if applicable)


NA


(Functional)

Number of Direct Reports:


NA

Directorship / Registration:


NA

Responsibilities

1 - Trade Capture Monitoring and Trade Lifecycle Management:


# The ALM Middle-Officer manages the trade processing and the Amend/Cancel

• Ensure proper representation and integration in a timely manner of transactions in the booking systems (Sekoian-Kondor+, FXO, Calypso and Murex)
• Validate the trades in the booking systems (Murex, Calypso)
• Book events related to the trade life cycle in Sekoian and Kondor upon prior request from FO: fixing, amend & cancel, buy back, calls, credit events...
• And ensure events/trades have been properly interfaced to FXO, Murex, Calypso Back Office and accounting systems
• Ensure that documentation is regularly reviewed, updated and is in line with the rules defined in the Group Guidelines.

2 -Controls & Reporting:


# Perform standardized and specific controls as per control plan and upon agreed schedule


# Provide standardized and specific reports as per requirement and upon agreed schedule

• Carry out discrepancy analysis or investigate any breaks raised by other teams: Position Control Analysis (PCA), Intra-group reconciliations, Accounting Control Investigations, PnL, Finance...
• Contribute to dashboards, produce Key Performance Indicators for FO and management
• Answer specific ad-hoc reporting requests.
• Certifies that controls have been duly performed via ORUS certification.
• Escalate to the management and /or permanent control areas where operational risks have been identified, any fraud or breaches detected in the procedures or breaches to existing controls, and propose corrective actions and relevant remediation plans.

3 -Share Expertise

• Offer consulting on new booking schemes taking into consideration all impacts.
• Process reengineering: improve & reduce manual processes.

TECHNICAL & BEHAVIORAL COMPETENCIES
---------------------------------------

TECHNICAL SKILLS

• Strong knowledge of the FO to BO operational workflow
• Good knowledge in financial products

BEHAVIOURAL

• Excellent communication skills,
• Results-oriented & client focus
• Strongly committed
• Good team player, Collaborative mind-set
• Analytical skills
• Strong analytical/problem solving mind-set

Experience Required


Minimum of 3 year' 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


Education Level:


Bachelor Degree or equivalent


Experience Level :


At least 3 years

Other/Specific Qualifications (if required): NA