Assistant Manager Trade Support – Product Control Mumbai

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s 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’s 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’s 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 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:

The EQD Trade Support flow ensures that all the EQD transactions registered in the books under CIB ITO’s mandate match the commitment taken with counterparties within a secure setup, in accordance with Group and Regulatory Policies and/or the contractual agreements.

The main covered processes for these transactions include booking, validation, transaction event related follow-up validation, financial or physical delivery through a secure framework.

The EQD Trade Support Officer role falls within the Product Control department.

The EQD Trade Support officer is directly responsible for all the transactions booked in the EQD Front to back chain and guaranty the position of the bank

Job Title:

Assistant Manager - EQD Trade Support

Date:

2024

Department:

COCE Product Control

Location:

Mumbai

Business Line / Function:

COCE Product Control  - EQD Trade Support

Reports to:

(Direct)

Lead

Grade:

(if applicable)

NA

(Functional)

NA

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

The EQD Trade Support is one of the main contributor of the bank in term of ensuring the accuracy of the transaction initiated by the trading after their execution. In his very specific position in the operation chain the Trade Support will liaise with several teams such as FO, documentation, settlement BO, collateral, PnL reporting factory, anti-fraud, compliance, IT, accounting etc

Our mandate is to transform the post execution chain into a safer process with a harmonized and industrialized platform by increasing efficiency and reducing the operation risk. Our mandate is also driven by the satisfactory of our external and internal clients

Responsibilities

Direct Responsibilities

·       The EQD Trade Support officer is directly responsible for all the transactions booked in the EQD Front to back chain and guaranty the position of the bank

·       Trade validation

·       Trade event processing : Position and trades adjustment, such as increase decrease, corporate action, life cycle event, expiry , assignation

·       Risk monitoring, contribute to remediation plan, escalate issue to his management all issues faced

Technical & Behavioral Competencies

·       Positive and dynamic attitude to complying with deadlines and objectives.

·       Be able to adapt to the change

·       products and market knowledge, and the post execution chain

·       Rigorous and organized

·       Communication skills and listening skills

·       Develop a solution oriented mind set and a team spirit

·       Contribute to the global motivation of the team

·       Maintain a follow up file updated of the project that the analyst is in charge of

·       Demonstrate a proposal mind-set in order to better serve our clients and improve the quality of our day to day tools

·       High degree of interest in product and process issues affecting the department.

·       Participate in the cross training program

·       Effective time management and ability to prioritize workload and escalate issues to management.

·       Have strong interpersonal / communication skills.

Specific Qualifications (if required)

NA

Skills Referential

Behavioural Skills:

Ability to collaborate / Teamwork

Attention to detail / rigor

Critical thinking

Resilience

Transversal Skills:

Ability to understand, explain and support change

Ability to anticipate business / strategic evolution

Analytical Ability

Ability to inspire others & generate people's commitment

Ability to manage / facilitate a meeting, seminar, committee, training…

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 7 years

Other/Specific Qualifications (if required)

NA