Associate Level 1/Senior Associate - Anc Risk Control – Product Control Mumbai

Associate Level 1/Senior Associate - Anc Risk Control – Product Control Mumbai
Company:

Bnp Paribas 2


Associate Level 1/Senior Associate - Anc Risk Control – Product Control Mumbai

Details of the offer

Job Description

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 :
Global Market Operations (GMO) covers Front Office activities such as ALM/Treasury and Fixed Income local booking. GMO consists of various streams, Control and Investigations, Settlement, Collateral and Reconciliation. GMO teams are also in regular contact with Capital Market Middle Office, Regional Back Office's and Regional Finance.

Job Title
Risk Control - AnC

Date
May-2020
Department
Global Market Operations
Location
Mumbai
Business Line / Function
GECD ITO
Reports to
Hierarchical
Head of the Department
Grade
(if applicable)
Associate /Sr Associate
Functional

Number of Direct Reports
Directorship / Registration

Position Purpose

Within BNP Paribas Capital Markets, Cancel & Amend team is a global function whose main missions are:
n In conjunction with GMO different teams to independently control alerts set to monitor Amend & Cancel patterns.
n To participate in the sponsoring of the project and developments in order to enhance the control.
The Cancel & Amend team intervenes on the whole perimeter where Capital Markets is present, meaning on the principal money markets (New York, London, Hong Kong, Tokyo, etc) and for all businesses (GLOBAL MARKET, ALMT).

Cancel & Amend team is part of the Valuation and Risk Control team.
The Head of Cancel & Amend team reports to the Head of PRODUCT CONTROL ATP.
Responsibilities

Direct Responsibilities
Cancel & Amend team has a role of specialist in the control of alerts through the following workflow:
n Data are collected automatically from the various capital market booking systems
n Several alerts related to cancelled or amended transactions are looked at
n Analyze the alerts on a daily basis, and where necessary, get detailed information from Trading or MO Trade Support
n Submit analyzed alerts for sign-off to Head of Trading desks
n Escalation when necessary to CIB Anti-Fraud
n Final validation and closing of alerts
n Cancel & Amend team controls the use of technical counterparty codes in compliance with the CIB Policy

Contributing Responsibilities

- Contribute to the Permanent Control framework

Technical and Behavioral Competencies required

n The team participates in the set-up of the process for every business in Capital Markets
n The team ensures consistency across business lines.
n The team ensures proper communication with ITO teams in every business lines and every location.
n The team organizes proper coordination with other PRODUCT CONTROL teams in order to ensure transparency as they might be their relay on locations for local contacts when necessary
n Very good knowledge of the products and processes
n To be able to work in a requiring environment with deadlines.
n To be very self-disciplined, reactive, able to take initiatives and autonomous in its job
n Constant worry of the good quality of the rendered customer service
n To have a good relational ease to communicate with the customers and other departments
n Sense of the risk

Specific Qualifications Required
Bachelor or Master Degree on Banking & Finance / Economics / Mathematics
3+ yrs. banking operational experiences (preferred)

Behavioural Skills : (Please select up to 4 skills)

Client focused
Decision Making
Ability to share / pass on knowledge

Transversal Skills: (Please select up to 5 skills)

Ability to develop and leverage networks
Ability to develop and adapt a process
Risk oriented mindset

Requirements

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