Associate Level 1

ASSOCIATE LEVEL 1 (JOB NUMBER: MO 001505)

**Job Title**:
**Associate**

**Date**:
01/06/2021

**Department**:
MFS

**Location**:
Chennai

**Business Line / Function**:
MFS NDI Valuation

**Reports to**:

- (Direct)_

**Grade**:
(if applicable)

Associate Level1
- (Functional)_

Assistant Manager

**Number of Direct Reports**:
NA

**Directorship / Registration**:
**Position Purpose**

"Associate L1 will be responsible for performing daily tasks related to OTC valuation & Booking teams carried out in the MFS department. He/ She will be working closely with off-shore management, Front office, Account managers, external vendors as part of their daily tasks and will report to Team lead in Chennai. The staff will be working closely with all internal teams, Paris and local management as part of their daily BAU. Good functional understanding of the OTC derivative business along with Basic knowledge on OTC products & Booking,Corporate action,Trade Settlement,Trade life cycle, Collateral management is required. "

**Responsibilities**

**Direct Responsibilities**
- Processing OTC Derivative trades in internal systems manually.
- Providing trade notifications to third parties such as fund trustees.
- Resolving trade-related exceptions and investigate them until closure.
- Liaison with the Counterparties and settling the cash flows
- Liaison with the Paris OTC hub team, internal teams to resolve the breaks
- Process accurate OTC Valuations / Trade booking on Global basis within given deadlines.
- Interact with both internal and external parties to resolve pricing / trade booking issues and queries.
- Query resolution in accordance with time frames set out in Client SLA’s.
- Handle valuation exceptions/breaks and investigate thoroughly before feeding the prices to downstream teams.
- Work with the Vendors and other parties to capture OTC Valuations.
- Resolve pricing / trade booking issues in a timely basis.
- Ensure all errors/break down of procedure are documented as per BNP Paribas policy.

**Contributing Responsibilities**
- Escalating exceptions to appropriate processing team for resolution.
- Reporting of exceptions in line with internal control and external client requirements.
- Contributing to the team success.
- Interact with both internal and external parties to resolve pricing / trade booking issues and queries.

**Technical & Behavioral Competencies**
- Thorough understanding of all Capital & Derivatives market, financial instruments, Investment banking process and above average accounting skills.
- Good verbal and written communication.
- Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills.
- Ability to work independently, as well as in a team environment, prioritizes multiple tasks and meets strict deadlines.

**Specific Qualifications **(if required)

**Knowledge and skills required**
- Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.
- Identify Operational Risk Areas within the Client Business Revenue Process.
- Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines
- Proficient in Microsoft Office Applications and strong MS Excel skills required.
- Experience of operations in a Fund Management, Custody, Reconciliation like cash and collateral.
- Query resolution in accordance with time frames set out in Client SLA’s
- Work with the Vendors and other parties to capture OTC prices.
- Resolve pricing / trade booking issues in a timely basis.

**Skills Referential**

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Attention to detail / rigor

Ability to deliver / Results driven

Ability to share / pass on knowledge

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and adapt a process

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

Ability to develop others & improve their skills

Education Level:
Master Degree or equivalent

Experience Level

At least 1 year

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

**Primary Location**: IN-TN-Chennai

**Job Type**: Standard / Permanent

**Job**: OPERATION PROCESSING

**Education Level***: Master Degree or equivalent (> 4 years)

**Experience Level***: At least 1 year

**Schedule**: Full-time