Sr. Associate Derivatives Settlements

Sr. Associate Derivatives Settlements
Company:

Bnp Paribas 2


Sr. Associate Derivatives Settlements

Details of the offer

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 Businessline/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:
SR Associate
Date:

Department:
Derivatives settlements
Location:
Mumbai
Business Line / Function:

GMO
Reports to:
(Direct)

Grade:
(if applicable)

(Functional)

Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
The purpose of this position is to backfill the open role of SR. Associate due to recent resignation.

Responsibilities

Direct Responsibilities

Provide supervisory services to support Derivatives, products settlements and reconciliation on the Regional Processing for Asia Pacific sites.

Perform physical input / check on manual vouchers, mail confirmation / advice, deal tickets, dealing support documents and any other paper-works prepared by team members or interfaced from other computer systems.

Perform periodic reconciliation among the records in Front-office, Back-office and ATLAS2.

Provide immediate support to the sub-ordinates under his/her supervision (if any).

Ensure proper filing system is in place.

Act as back-up to other Officer level staffs among the team.

Assist Sub team manager to clear up Order A/C, Suspense A/C and any other irregular items.

Assist Sub team manager to provide on-the-job training to junior staff.

Assist Sub team manager to solve operational problems and ensure smooth running and adequate backup in the section.

Perform input / modification / verification / validation in various application systems such as ATLAS2, OMR, SWIFT Alliance, etc.

Maintain necessary data files in Microsoft EXCEL / WORD or through data extraction from Business Object, StorQM Plus, etc.

Perform the required signature verification (if any) in SignView / SignPlus.

Regularly control the incoming scanned documents are timely received from Satellites via E-Archival.

Assist Sub team manager to conduct system testing / acceptance, Projects Implementation and team management.

Contributing Responsibilities

Direct contribution to BNPP operational permanent control framework.

Contribute to the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan.

Comply with regulatory requirements and internal guidelines.

Contribute to the reporting of all incidents according to the Incident Management System.

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

Ensuring appropriate escalation to management and/or Permanent Control (or Compliance as appropriate) as soon as an issue is identified.

Also requirements in Bonds/Derivatives:-

Main responsible the processing of Bonds, Paper and CD, IRS, OIS, CCS, FRA and various structural products of Asian Regional Sites

Providing Agency Functions for Asian Regional Sites

Regularly preparing Balance of Payment report, discrepancy reports, statistics reports and custodian fee in regarding to Asian Regional Sites

Monitoring account balance of Asian Regional Sites to ensure all transactions are correctly and accurately posted into Back Office Systems

Checking accounting vouchers for Asian Regional Sites

Pay up monthly and quarterly custodian fee for Asian Regional Sites

Conducting various testing and migration for all sites area

Prior experience in islamic settlements activity would be an added advantage.

B.com graduate in Finance and Economics or related discipline

Will be appointed as Manager with relevant experience on Bonds & Derivatives Operations Department. For candidates with atleast 8-12 years experiences.

With practice, knowledge, theories and concepts of all aspects of capital and money market products (For example, Bonds, Repo, Derivatives and structural products, etc.)

Familiar on Cash & Securities Clearing Systems. For example, MBT/CMT, CreationOnLine, HSBC Net and Swift Alliance.

Technical & Behavioral Competencies
o Provide operational support to Traders in APAC/Paris/London trading in Fixed Income Products in Asian markets
o Provide supervisory services to support part of Fixed Income Bonds
o Supervise physical input / check on manual vouchers, mail confirmation / advice, deal tickets, dealing support documents and any other paper-works prepared by team members or interfaced from other computer systems
o Supervise periodic reconciliation among the records in Front-office, Back-office and ATLAS2
o Provide immediate support to the sub-ordinates under his/her supervision (if any).
o Supervise & Assist Sub team manager to clear up Order A/C, Suspense A/C and any other irregular items.
o Supervise & Assist Sub team manager to provide on-the-job training to junior staff.
o Perform input / modification / verification / validation in various application systems such as ATLAS2, OMR, SWIFT Alliance, etc.
o Maintain necessary data files in Microsoft EXCEL / WORD or through data extraction from Business Object, StorQM Plus, etc.
o Regularly control the incoming scanned documents are timely received from Satellites via E-Archival.
o Assist Sub team manager to conduct system testing / acceptance, Projects Implementation ..
o Contribution to BNPP operational permanent control framework.
o Comply with regulatory requirements and internal guidelines.
o Contribute to the reporting of all incidents according to the Incident Management System
o Minimizing operational failure, including but not exclusively, the risk of fraud, by helping to devise, and by implementing, sufficient regular controls
o Ensuring appropriate escalation to management and/or Permanent Control (or Compliance as appropriate) as soon as an issue is identified.

Specific Qualifications(if required)
Minimum Graduate

Skills Referential

Behavioural Skills : (Please select up to 4 skills)

Decision Making

Ability to collaborate / Teamwork

Client focused

Critical thinking

Transversal Skills: (Please select up to 5 skills)

Ability to develop and adapt a process

Ability to manage a project

Ability to develop others & improve their skills

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

Choose an item.

Education Level:
Bachelor Degree or equivalent

Experience Level
At least 3 years

Other/Specific Qualifications(if required)

Japanese speaker

Requirements

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