Job DescriptionAbout BNP Paribas Group: BNPParibas is a top-ranking bank in Europe with an international profile It operates in 71 countries and has almost 199000 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, centred 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, BNPParibas 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 About Businessline/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 Office's and Regional Finance Job Title: Manager/AVP Date: 2023 Department: Global Market Operations Location: Mumbai Business Line / Function: Global Markets Operations - FXMM Settlements Reports to: (Direct) Lead Grade: (if applicable) NA (Functional) NA Number of Direct Reports: NA Directorship / Registration: NA Position PurposePosition Status:
- Function: Back Office
- Chinese Wall Classification: Public
Products to cover by the team:
- OTC Derivatives
- FX
- Money Market
Derivative Back Office is responsible for the day-to-day settlement for Derivative products and Money Market Team operates in close collaboration with marketers, sales and other internal function teams (Tokyo/Osaka/Hong Kong/Singapore/India/France/UK etc.
) to offer client-first post trade services Team member is generally assigned with two or three products for own product coverage Responsibilities Direct Responsibilities
- Trade Capturing in Back Office systems
- Confirmations
- Settlement with onshore/offshore clients
- Processing Life Cycle Events
- Day To Day Control & Monitoring
- Accounting Control
- Tax processing
- Reconciliations
- Reportings (Client/Regulatory/Internal)
- Request for Static Data maintenance
Contributing Responsibilities
- Team Management
- Project Management
- Ensuring the team is complaint with all the policies related to settlements, Trade validation, Accounting etc
Technical & Behavioral Competencies
- Communication
Interact across countries, cultures and external Deal with senior management, clients and regulators.
Speak with confidence
- Work Quality & Efficiency
Process improvement Design new processes and documentation Time management
- Decision Making
Make a decision, Out of box approach.
Change management Adapt to new ways Initiate projects
- Team Work & Culture
Team player Tust and confidence.
Acknowledgement Lead by example Effective feedback Understand organization goals and strategies
- Problem Solving
Root-cause analysis.
Provide solutions Escalation Priority 'Anti-Money Laundering / Financial Sanctions ('AML/FS') related dutiesOperations are an integral part of the control framework including for AML/FS topics In that respect, in performing your role you are expected to ensure adherence to AML/FS-related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.
' Specific Qualifications (if required)Required:
- Ability and willingness to learn and improve new product and process
- Compliance and Risk mindset
- At ease with numbers
- Time management and Prioritization skill
- Comfortable with OA skill
- 8-10 years experiences minimum in Financial Industries
Preferred:
- Experience in Settlements is preferred (Cash or Derivatives products)
Skills ReferentialBehavioural Skills: Ability to collaborate / Teamwork Decision Making Communication skills - oral & written Transversal Skills:Ability to manage a project Ability to develop others & improve their skills Ability to develop and adapt a process Education Level: Bachelor Degree or equivalentExperience LevelAt least 7 years Other/Specific Qualifications (if required) NA Job DescriptionAbout BNP Paribas Group: BNPParibas is a top-ranking bank in Europe with an international profile It operates in 71 countries and has almost 199000 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, centred 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, BNPParibas 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 About Businessline/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 Office's and Regional Finance Job Title: Manager/AVP Date: 2023 Department: Global Market Operations Location: Mumbai Business Line / Function: Global Markets Operations - FXMM Settlements Reports to: (Direct) Lead Grade: (if applicable) NA (Functional) NA Number of Direct Reports: NA Directorship / Registration: NA Position PurposePosition Status:
- Function: Back Office
- Chinese Wall Classification: Public
Products to cover by the team:
- OTC Derivatives
- FX
- Money Market
Derivative Back Office is responsible for the day-to-day settlement for Derivative products and Money Market Team operates in close collaboration with marketers, sales and other internal function teams (Tokyo/Osaka/Hong Kong/Singapore/India/France/UK etc.
) to offer client-first post trade services Team member is generally assigned with two or three products for own product coverage Responsibilities Direct Responsibilities
- Trade Capturing in Back Office systems
- Confirmations
- Settlement with onshore/offshore clients
- Processing Life Cycle Events
- Day To Day Control & Monitoring
- Accounting Control
- Tax processing
- Reconciliations
- Reportings (Client/Regulatory/Internal)
- Request for Static Data maintenance
Contributing Responsibilities
- Team Management
- Project Management
- Ensuring the team is complaint with all the policies related to settlements, Trade validation, Accounting etc
Technical & Behavioral Competencies
- Communication
Interact across countries, cultures and external Deal with senior management, clients and regulators.
Speak with confidence
- Work Quality & Efficiency
Process improvement Design new processes and documentation Time management
- Decision Making
Make a decision, Out of box approach.
Change management Adapt to new ways Initiate projects
- Team Work & Culture
Team player Tust and confidence.
Acknowledgement Lead by example Effective feedback Understand organization goals and strategies
- Problem Solving
Root-cause analysis.
Provide solutions Escalation Priority 'Anti-Money Laundering / Financial Sanctions ('AML/FS') related dutiesOperations are an integral part of the control framework including for AML/FS topics In that respect, in performing your role you are expected to ensure adherence to AML/FS-related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.
' Specific Qualifications (if required)Required:
- Ability and willingness to learn and improve new product and process
- Compliance and Risk mindset
- At ease with numbers
- Time management and Prioritization skill
- Comfortable with OA skill
- 8-10 years experiences minimum in Financial Industries
Preferred:
- Experience in Settlements is preferred (Cash or Derivatives products)
Skills ReferentialBehavioural Skills: Ability to collaborate / Teamwork Decision Making Communication skills - oral & written Transversal Skills:Ability to manage a project Ability to develop others & improve their skills Ability to develop and adapt a process Education Level: Bachelor Degree or equivalentExperience LevelAt least 7 years Other/Specific Qualifications (if required) NA