Job Description
SA/AM- BONDS TRADE SUPPORT (JOB NUMBER: GLO005+1+)
• About BNP Paribas Group:
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 71 countries, with approximately 1++,000 employees. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
• About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions
• About Businessline/Function:
Global Market Operations also known as COCE (client operating center of excellence) is further divided into 4 departments i.e. Trade Processing & Support, Product Control, Client Management & Change Management. Product Control in the wider market outside of BNP is Middle Office. Product Control consists of streams like Documentation & Reconciliation, Trade Support, P&L & Trading Portfolio & controls. Product Control teams are in regular contact with Market Front Office, Regional Back Office’s and Regional Finance & other support teams for their BAU.
• Job Title:
• AM Bond Trade Support
- Product Control
• Date:
• Department:
COCE
• Location:
Mumbai
• Business Line / Function:
GMO/Product Control
• Reports to:
- (Direct)_
Head of Team
• Grade:
(if applicable)
NA
- (Functional)_
NA
• Number of Direct Reports:
NA
• Directorship / Registration:
NA
• Position Purpose
To provide efficient and well controlled operational support for Bonds and Repo activities in Global Market and ALMT metier
The position is highly critical and has heavy interactions with sales/trading and clients in APAC.
Team coverage starts in the LDN timezone. Team should have appropriate shift to ensure sufficient coverage.
Responsible to manage Bond Trade Support team
Responsible to develop people in the organization and manage the team with strong leadership.
Position is fully accountable Bond Trade Support.
• Responsibilities
• Direct Responsibilities
- Bring Direct contribution to BNPP operational permanent control framework
- 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.
- Comply with internal and external regulatory and compliance requirements
- Comply with the BNPP standards of Code of Conduct
- Comply with the BNPP IT Security policies
- Anti‐Money Laundering / Financial Sanctions “AML/FS”) related duties: Operations are an integral part of the control framework including for AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS‐related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.
- Responsible for providing direct assistance and support to Asia-based marketers and traders in Asia Pacific ex Japan in respect of bond and repo products:
- following up of any trade or settlement details discrepancies for trades done in Asia Pacific ex Japan
- reconciling trades between front office pre-confirmations to external clients and deal capture systems
- monitoring/undertaking trade exceptions processing
- ensuring prompt and accurate set up and update of client SSIs
- assisting various back/middle offices with general queries
- assisting clients' queries
- Responsible for collection, maintenance and update of clients' SSIs and confirmation details
• Contributing Responsibilities
- Direct relationships with the front office / back office colleagues.
- Build and maintain strong relationships with stakeholders across the globe in Front, Back and Middle Office
- Strong working and open relationship with local management
• Technical & Behavioral Competencies
- At least 5 years in an operational support position.
- IB Bond Operations experience preferred, essentially in Trade Support functions
- Competency with MS Suite, especial
• About BNP Paribas Group:
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 71 countries, with approximately 1++,000 employees. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
• About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions
• About Businessline/Function:
Global Market Operations also known as COCE (client operating center of excellence) is further divided into 4 departments i.e. Trade Processing & Support, Product Control, Client Management & Change Management. Product Control in the wider market outside of BNP is Middle Office. Product Control consists of streams like Documentation & Reconciliation, Trade Support, P&L & Trading Portfolio & controls. Product Control teams are in regular contact with Market Front Office, Regional Back Office’s and Regional Finance & other support teams for their BAU.
• Job Title:
• AM Bond Trade Support
- Product Control
• Date:
• Department:
COCE
• Location:
Mumbai
• Business Line / Function:
GMO/Product Control
• Reports to:
- (Direct)_
Head of Team
• Grade:
(if applicable)
NA
- (Functional)_
NA
• Number of Direct Reports:
NA
• Directorship / Registration:
NA
• Position Purpose
To provide efficient and well controlled operational support for Bonds and Repo activities in Global Market and ALMT metier
The position is highly critical and has heavy interactions with sales/trading and clients in APAC.
Team coverage starts in the LDN timezone. Team should have appropriate shift to ensure sufficient coverage.
Responsible to manage Bond Trade Support team
Responsible to develop people in the organization and manage the team with strong leadership.
Position is fully accountable Bond Trade Support.
• Responsibilities
• Direct Responsibilities
- Bring Direct contribution to BNPP operational permanent control framework
- 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.
- Comply with internal and external regulatory and compliance requirements
- Comply with the BNPP standards of Code of Conduct
- Comply with the BNPP IT Security policies
- Anti‐Money Laundering / Financial Sanctions “AML/FS”) related duties: Operations are an integral part of the control framework including for AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS‐related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.
- Responsible for providing direct assistance and support to Asia-based marketers and traders in Asia Pacific ex Japan in respect of bond and repo products:
- following up of any trade or settlement details discrepancies for trades done in Asia Pacific ex Japan
- reconciling trades between front office pre-confirmations to external clients and deal capture systems
- monitoring/undertaking trade exceptions processing
- ensuring prompt and accurate set up and update of client SSIs
- assisting various back/middle offices with general queries
- assisting clients' queries
- Responsible for collection, maintenance and update of clients' SSIs and confirmation details
• Contributing Responsibilities
- Direct relationships with the front office / back office colleagues.
- Build and maintain strong relationships with stakeholders across the globe in Front, Back and Middle Office
- Strong working and open relationship with local management
• Technical & Behavioral Competencies
- At least 5 years in an operational support position.
- IB Bond Operations experience preferred, essentially in Trade Support functions
- Competency with MS Suite, especial
💡 Quick Summary
Seeking a career-building opportunity? The Sa|am| Bonds Trade Support position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.