Senior Associate/ Assistant Manager-EMEA Confirmations

Job Description

Job Title:Global Markets DocumentationDate:Department:ISPL Confirmation teamLocation:MumbaiBusiness Line / Function:Reports to:(Direct)Grade: (if applicable)(Functional)Number of Direct Reports:Directorship / RegistrationPosition PurposeGlobal Markets DocumentationThe officer will be a part of the confirmation drafting, chasing and matching team for Foreign Exchange, Money Market, Equity Derivatives, Credit and Interest Rate Derivatives and Commodity trading (power, gas, oil, precious metals). Responsibilities Mandate of Confirmations Team: Chasing and Matching Team: The Chasing team is responsible for ensuring that all BNP Paribas confirmations areRetrieved 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. Mandate of Confirmations Team: Chasing and Matching Team: The Chasing team is responsible for ensuring that all BNP Paribas confirmations areRetrieved 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. Drafting Team: The Drafting team is responsible for ensuring that all BNP Paribas confirmations areDispatched to clients i.e 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 Drafting team is also responsible to perform final verification of the trade economics before dispatching the final confirmations to counterparts.The team works closely with other Trade Processing teams, legal teams and Front Office to ensure timely communication for any booking discrepancies, template issues and outstanding confirmations.

• 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 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

Contributing Responsibilities Continuous Control & Improvement:

• Continuous review of processes and controls ensuring we minimize the Operational Risk to BNP Paribas.
• Contribute to the Permanent Control framework

Projects

• Participate to global projects related to any Documentation processes improvements.
• Play a key Role in Project Management

Key results areas:

• Process Alignment
• Capacity to handle analysis/ continuous improvement/light touch projects
• Transversality of the global setup

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• Technical competencies :

• Fluent English
• ISDA definitions & templates
• Front to back workflow
• Risk Management
• Strong analytical skills
• Ability to innovate
• Strong team player and strong problem-solving mindset as well as client-oriented
• Advanced proficiency in Excel & presentations

• Behavioral Competencies :

• Organized & good resistance to stress
• Attention to detail
• Ability to prioritize workloads & use a proactive approach to meet deadlines
• Self-discipline & autonomy
• Adaptability & Change Management: Fungible resource who is ready to adapt
• Strong Client Focus: Client is at the center of all our concerns.
• Escalation & Reporting
• Effective escalation and consensus builder

Specific Qualifications

• Significant experience in Documentation (drafting /chasing/matching)
• Bachelor or Master Degree on Economics, Mathematics or Finance.
• Fluent in English (both oral and written communication)

Skills ReferentialBehavioural Skills: (Please select up to 4 skills)Attention to detail / rigorAbility to deliver / Results drivenClient focusedCommunication skills - oral & writtenTransversal Skills:(Please select up to 5 skills)Ability to set up relevant performance indicatorsAbility to understand, explain and support changeAnalytical AbilityAbility to anticipate business / strategic evolutionChoose an item.Education Level:Bachelor Degree or equivalentExperience LevelAt least 10 years

Keyskills :
money marketinterest rate derivativesretail bankingfront officesalesfixed incomebankingtrade supportmiddle officecapital marketproblem solvingback officetataccountsmis