Associate Level 1

Position Purpose

Global Markets Documentation

The officer will be a part of the Chasing and Matching team for Foreign Exchange, Money Market instruments

Responsibilities

Direct Responsibilities

Chasing and Matching Team:

The Chasing team is responsible for ensuring that all BNP Paribas confirmations are

retrieved from clients executed for Interbank and Corporate Clients. The team covers a wide range of products traded by the Trading desks such as Vanilla products and the more complex Structured trades. The Chasing team is also responsible in resolving any Litigation that clients may raise upon receipt of the BNP Confirmation.

This will involve investigating the issue and liaising with internal teams such as FO, Trade Support, Drafting team, Local back Office, Legal depending on the type of Litigation raised until resolution.

• Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls
• Responsible for timely and accurate matching of SWIFT confirmation
• Working knowledge of MT 300, MT 320, and third party platforms like Mysis and GTSS
• Ensure appropriate escalation to management as soon as an issue is identified.
• Ensure that documentation controls are done daily, comments detailed clearly, and be responsible for reliability of records
• Ensure set KPIs are met

• Play a Role in Project Management

• Prepare KPI file as per set frequency

• Support decision making process by performing data analysis
• Periodically revisit existing KPIs to make it more robust for the betterment of the process
• Ensure quality assurance by performing spot checks & maintenance of internal error log.

Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls

Ensure appropriate escalation to management and/or permanent control (or compliance as appropriate) as soon as an issue is identified.

Ensure that documentation controls are done daily, comments detailed clearly, and be responsible for reliability of records

Ensure set KPIs are met

Contribute to the quality of the team by:

• keeping personal training up to date
• highlighting processing improvement opportunities

• assisting in the training of new entrants

• Experience in OTC Derivatives

Technical & Behavioral Competencies

Technical competencies

• Computer skills is highly a must
• Fluent English
• Preferably experience in Matching of trades in SWIFT
• Time Management
• Basic understanding of OTC products
• Ensure accurate completion of drafting tasks within the internal service level agreements, client requirement and regulatory timelines

Behavioral Competencies:

• Organized & good resistance to stress
• Attention to detail: the confirmation is the ultimate document which bind the bank with the counterparty, 100% correct is non-negotiable
• Self-discipline & autonomy: Each team member has its own portfolio of clients, which need to be managed efficiently. Ability to work on its own with little supervision.
• Adaptability & Change Management: Ability to easily adapt to new situations (new booking systems, new products, new activities to manage) as this is a constant changing environment
• Strong Client Focus: Client is at the center of all our concerns..
• Escalation & Reporting process: all team members need to closely follow escalation rules in place with all different stakeholders. Comply with relevant regulatory targets e.g CFTC,EMIR targets. Being able to efficiently raise to manager issues encountered on a daily basis, even if those are not forecasted in existing processes

Specific Qualifications (if required)

• Bachelor or Master Degree on Economics, Mathematics or Finance.
• Fluent in English (both oral and written communication)

Skills Referential

Behavioural Skills:

Attention to detail / rigor

Ability to deliver / Results driven

Client focused

Attention to detail / rigor

Communication skills - oral & written

Transversal Skills:

Analytical Ability

Ability to understand, explain and support change

Ability to inspire others & generate people's commitment

Ability to anticipate business / strategic evolution

Transversal Skills: (Please select up to 5 skills)

Education Level:

Bachelor Degree or equivalent