Job Description

About BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union\xe2\x80\x99s 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 Union\xe2\x80\x99s 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\xe2\x80\x99s 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 Business line/Function:IFSO MO - Derivatives is part of overall MO function and Trade processing team. Derivatives team is responsible for booking trades on a day to day for BNP Clients.Job Title:ManagerDate:Department:MO - Derivatives UKLocation:Business Line / Function:Middle office/IFSOReports to:(Direct)Assistant Vice presidentGrade:(if applicable)(Functional)Number of Direct Reports:Directorship / Registration:NAPosition Purpose\xc2\xa7 UK derivatives support team is a department in BNP Paribas GSO that will provide back office and middle office services to Asset managers and Institutional clients. Services provided UK derivatives team will be trade capture, costing and settlement, margin settlements, reconciliation and investigations.\xc2\xa7 The Manager will be a member of UK derivatives team, who will be manage processing derivative trades, margin management and resolving trade-related exceptions. Any issues or escalations should be managed timely utmost care\xc2\xa7 The Manager will manage and oversee the daily operations/ workflow within the business group and helps the line Manager jointly in achieving the process deliverables. Solid technical understanding of the business is expected, including strong knowledge of Hiport/Trades & Intellimatch system.\xc2\xa7 He/she should be able to articulate himself well and communicate well across all levels in the organizationResponsibilitiesDirect Responsibilities\xc2\xa7 Lead a team that will be responsible for Security Setup, Trade booking, Costing, reconciliation and Rec breaks\xc2\xa7 Ensure smooth day-to-day operations are managed with 100% accuracy\xc2\xa7 Ensure/contribute for Green KPI\xe2\x80\x99s & KMP\xe2\x80\x99s\xc2\xa7 Facilitate teams to critically review current processes for effectiveness, quality and simplification\xc2\xa7 Develop and implement process solutions to improve operational efficiency\xc2\xa7 Identify risks and issues in business processes and systems.\xc2\xa7 Develop in-depth knowledge of the organization\xe2\x80\x99s business lines and products.\xc2\xa7 Assist in promoting the implementation of best practices.\xc2\xa7 Recommend innovative business and technical solutions to improve operational effectiveness.\xc2\xa7 Ensure effective communication to all the parties involved\xc2\xa7 Coordinate with cross-functional team to develop process requirements.\xc2\xa7 Inspire and motivate people to work towards the goals of the company.\xc2\xa7 Ensure the process of change is smooth and uneventful for the companyContributing Responsibilities\xc2\xa7 Escalating exceptions to appropriate processing team for resolution.\xc2\xa7 Reporting of exceptions in line with internal control and external client requirements.\xc2\xa7 Contributing to the team success. If needed by processing the activities as well.\xc2\xa7 Proactive approach & effective advance plan atleast 9 -12 months period for the entire team.Technical & Behavioral Competencies\xc2\xb7 Strong understanding of financial markets, investment management and asset management\xc2\xb7 Good Understanding on derivatives\xc2\xb7 Excellent communication skills\xc2\xb7 Fair knowledge on Derivatives, Equities -trade capture and matching services.\xc2\xb7 Basic Excel and digital documenting will be added advantage.Client Focus & Adaptability:Client Focus:

• Be pro-active in developing customer relations by understanding and responding to customer needs.
• Strive continually for customer satisfaction and focus on Client Delight.
• Commit/Promise only what can be delivered by keeping Bank\xe2\x80\x99s interest in mind.
• Try to identify the real needs of the customer, including those not necessarily stated.

Adaptability:

• Advise/Educate the client\xe2\x80\x99s staff on formulation of data which suits to BNP Applications.
• Always look for ways to improve services and processes

Be able to adapt to different markets and different clients evolutionIntegrity, trust & fairness

• Acts with integrity in all interactions with colleagues, team members and clients.

• Promises only what can be delivered, managing expectations and honors commitments and has committed to ethical practices in all interactions and relationships.

• Treats others fairly, showing respect and courtesy.

• Builds trust by responding openly, genuinely and consistently to others.

Specific Qualifications (if required)Skills ReferentialBehavioural Skills: (Please select up to 4 skills)Decision MakingCreativity & Innovation / Problem solvingClient focusedActive listeningTransversal Skills: (Please select up to 5 skills)Ability to manage a projectAbility to inspire others & generate people\'s commitmentAbility to develop others & improve their skillsAbility to manage / facilitate a meeting, seminar, committee, training\xe2\x80\xa6Ability to anticipate business / strategic evolutionEducation Level:Bachelor Degree or equivalentExperience LevelAt least 7 yearsOther/Specific Qualifications (if required)\xc2\xb7 Product Knowledge\xc2\xb7 ETD \xe2\x80\x93 Futures and options on all Major exchanges globally.\xc2\xb7 OTC \xe2\x80\x93 Swaps (IRS, CDS, CDX, Overnight Index, Inflation and Total Return),\xc2\xb7 Swaptions,Options.\xc2\xb7 CFD

BNP Paribas