Apac Rates Trade Support

**Job Description - Product Controller**

About BNP Paribas Group:
**BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees.** The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.

About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.

About Business line/Function:
Product Control is part of COCE (Client Operating Centre of Excellence), performing multiple Middle Office functions. Product Control have 6 verticals - P&L and Valuation Controls, OTC Trade Validation, Securities Trade Validation & Documentation, OTC Documentation, Trading & Portfolio Control and Position Management. Team works very closely with Trading, Sales, Business Managers and various FtB teams like Back Office, Regional Finance and COO community.

Job Title:
APAC Rates Trade Support - SA/AM

Date:
1st Aug 2024

Department:
Product control Stream 6

**Location**:
Mumbai/Bangalore

Business Line / Function:
COCE Product Control - OTC Trade Validation

Reports to:
(Direct)

Head of the Team

Grade:
(if applicable)

NA

(Functional)

NA

Number of Direct Reports:
Directorship / Registration:
NA

**POSITION PURPOSE**:

- Responsible for accurate trade validation of OTC Derivative Product within BNPP Systems
- Ensure trade amendments are performed in a timely fashion and their PV are checked & validated
- Escalate any mis-match on the trade to the FO & Management that may indicate a wrong position or transaction in the FO System
- Run all required controls on key elements

**Responsibilities**

**DIRECT RESPONSIBILITIES**:

- Validate the trade which is booked in FO systems with the recaps
- Validate Future contracts with the recaps and ensure timely Clearing
- When possible, challenge and enhance existing processes.
- Report, Comment and Validate the exceptions during trade validation
- Ensure appropriate escalation to management as soon as an issue is identified.
- Ensure high levels of ethics and professionalism are maintained both personally and in the team.

**CONTRIBUTING RESPONSIBILITIES**:

- Participate to global projects related to MO processes improvements.
- Participate to local projects related to systems migrations.
- Participate to the improvement of the productivity within the team by proposing initiatives

**TECHNICAL & BEHAVIORAL COMPETENCIES**:

- Strong Rates Derivatives products knowledge including trade validation
- Competency with MS Suite, especially Excel
- Communication Skills
- Decision Making
- Adaptability & Change Management:

- Ability to develop and leverage networks
- Ability to develop and adapt a process
- Result oriented approach
- Collaborate with remote teams

**SPECIFIC QUALIFICATIONS (IF REQUIRED)**:
5 - 7 years of working experience in related banking and finance fields.

University graduates, with postgraduates and professional qualifications preferred.

**Skills Referential**

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Critical thinking

Creativity & Innovation / Problem solving

Resilience

Transversal Skills: (Please select up to 5 skills)

Ability to set up relevant performance indicators

Ability to develop others & improve their skills

Analytical Ability

Ability to develop and adapt a process

Ability to understand, explain and support change

Education Level:
Bachelor Degree/CA/CFA or equivalent

Experience Level

5 7 years of experience

**Other/Specific Qualifications** **(if required)