Assistant ManagerManager

4 weeks ago


Mumbai, India Precision Hire Solution Full time

JobDescription

About BNP Paribas IndiaSolutions:

Established in 2005 BNP Paribas IndiaSolutions is a wholly owned subsidiary of BNP Paribas SA EuropeanUnions leading bank with an international reach. With deliverycenters located in Bengaluru Chennai and Mumbai we are a 24x7global delivery center. India Solutions services three businesslines: Corporate and Institutional Banking Investment Solutions andRetail Banking for BNP Paribas across the Group. Driving innovationand growth we are harnessing the potential of over 10000 employeesto provide support and develop bestinclasssolutions.

About BNP ParibasGroup:

BNP Paribas is the European Unions leadingbank and key player in international banking. It operates in 65countries and has nearly 185000 employees including more than145000 in Europe. The Group has key positions in its three mainfields of activity: Commercial Personal Banking & Servicesfor the Groups commercial & personal banking and severalspecialised businesses including BNP Paribas Personal Finance andArval; Investment & Protection Services for savingsinvestment and protection solutions; and Corporate &Institutional Banking focused on corporate and institutionalclients. Based on its strong diversified and integrated model theGroup helps all its clients (individuals community associationsentrepreneurs SMEs corporates and institutional clients) to realizetheir projects through solutions spanning financing investmentsavings and protection insurance. In Europe BNP Paribas has fourdomestic markets: Belgium France Italy and Luxembourg. The Group isrolling out its integrated commercial & personal bankingmodel across several Mediterranean countries Turkey and EasternEurope. As a key player in international banking the Group hasleading platforms and business lines in Europe a strong presence inthe Americas as well as a solid and fastgrowing business inAsiaPacific. BNP Paribas has implemented a Corporate SocialResponsibility approach in all its activities enabling it tocontribute to the construction of a sustainable future whileensuring the Groups performance andstability

Commitment to Diversity andInclusion

At BNP Paribas we passionately embracediversity and are committed to fostering an inclusive workplacewhere all employees are valued respected and can bring theirauthentic selves to work. We prohibit Discrimination and Harassmentof any kind and our policies promote equal employment opportunityfor all employees and applicants irrespective of but not limited totheir gender gender identity sex sexual orientation ethnicity racecolour national origin age religion social status mental orphysical disabilities veteran status etc. As a global Bank we trulybelieve that inclusion and diversity of our teams is key to oursuccess in serving our clients and the communities we operatein.

About Businessline/Function:

Global Market Operations also known as COCE(client operating center of excellence) is further divided into 4departments i.e. Trade Processing & Support Product ControlClient Management & Change Management. Product Control inthe wider market outside of BNP is Middle Office. Product Controlconsists of streams like Documentation & ReconciliationTrade Support P&L & Trading Portfolio &controls. Product Control teams are in regular contact with MarketFront Office Regional Back Offices and Regional Finance &other support teams for their BAU.

JobTitle:

Assistant Manager Trade Support ProductControl

Date:

2024

Department:

COCEProductControl

Location:

Bangalore/Mumbai

BusinessLine / Function:

BondsTS

Reports to:

(Direct)

SA/AM/Manager

Grade:

(ifapplicable)

NA

(Functional)

NA

Numberof DirectReports:

NA

Directorship /Registration:

NA

POSITIONPURPOSE

The Trade Support team looksafter the US Bond Trade Support.

The resourcewill need to work in partnership with our clients sales and tradingto ensure that trades are allocated confirmed and processed in atimely manner. Provide support to our front office equities tradingdesks and also act as a point of contact for internalfront/backofficeenquiries.

Responsibilities

DIRECTRESPONSIBILITIES

  • A comprehensive understanding of Bonds/Securities front to backtrade lifecycle experience Demonstrateawareness and procedures to mitigate operational risk escalateappropriately Trade amendments and bookingreversals of trades Liaison between FrontOffice and all supporting functions Work inpartnership with our clients sales and trading to ensure thattrades are allocated confirmed and processed in a timely manner Provide support for front office Bondtrading desks. Work closely with technicalteams to improve trader experience. Focusedwork with zero tolerance controls and strict deadlines. Ability to build good relationship withinthe team and Front Office trading and management Strong appreciation and value of STP and ofIT solutions to reduce processing and improve controls Ability to multitask to be flexible retasks and accommodate varying levels of volume and complexitywithout deterioration in task quality
  • Act as point ofcontact for internal middle/backoffice enquiries.

CONTRIBUTINGRESPONSIBILITIES

  • Directrelationships with the front office / back officecolleagues.
  • Build andmaintain strong relationships with stakeholders across the globe inFront Back and MiddleOffice
  • Strong working andopen relationship with localmanagement
TECHNICAL& BEHAVIORALCOMPETENCIES
  • At least Twoyears and above in an operational supportposition.
  • IB Equity/BondsOperations experience preferred essentially in Trade Supportfunctions
  • Experienceworking within algorithmic trading highlybeneficial.
  • Competencywith MS Suite especially Excel and the ability to learn multipleprograms quickly
  • Highlevel of product knowledge in Equities
  • High level of knowledgeof middle office and back office systems
  • Strong organizationalskills and ability toprioritize
  • Innovativeconstantly identifying gaps in process and to seekimprovements
  • Ethics andControl must have good work ethics and risk / control mind set.
  • Communications ability tocommunicate effectively within the team and FrontOffice
  • Collaborationability to work well with others especially in day to dayresolution and escalation ofissues
SPECIFICQUALIFICATIONS (IFREQUIRED)

SkillsReferential

Behavioural Skills: (Pleaseselect up to 4 skills)

Ability to collaborate /Teamwork

DecisionMaking

Criticalthinking

Ability to share / pass onknowledge

Transversal Skills: (Please select upto 5 skills)

AnalyticalAbility

Ability to understand explain and supportchange

Ability to develop and adapt a process

Ability to develop and leveragenetworks

Ability to anticipate business /strategic evolution

Education Level:

Bachelor Degree orequivalent

Experience Level

Atleast 2 Years &Above

Other/Specific Qualifications(if required)

This job has beensourced from an external job board.
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