Chasing & Matching - Assistant Vice President

About BNP Paribas India Solutions

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union's leading bank 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 10000 employees, to provide support and develop best-in-class solutions.

About BNP Paribas Group

BNP Paribas is the European Union's leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity : Commercial, Personal Banking & Services for the Group's commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets : Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

About Business Line / Function

Product Control is part of COCE (Client Operating Centre of Excellence), performing multiple Middle Office functions. Product Control have 6 verticals - P&L and Valuation Controls, OTC Trade Validation, Securities Trade Validation & Documentation, OTC Documentation, Trading & Portfolio Control and Position Management. Team works very closely with Trading, Sales, Business Managers and various FtB teams like Back Office, Regional Finance and COO community.

Job Title

Global Markets Documentation

Date

March 2025

Department

ISPL Documentation team

Location : Mumbai

Business Line / Function

Global Markets

Reports To

(Direct)

Chasing Lead

Grade

(if applicable)

AVP

(Functional)

Number Of Direct Reports

10+

Directorship / Registration

NA

Position Purpose

Global Markets Documentation

The officer will be a part of the Chasing and Matching team for Foreign Exchange, Money Market, Equity Derivatives, Credit ; Interest Rate Derivatives and Commodity trading (power, gas, oil, precious metals).

Responsibilities

Direct Responsibilities

Chasing And Matching Team

The Chasing team is responsible for ensuring that all BNP Paribas confirmations are

retrieved 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.

• 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.
• Play key role in Project Management
• Take lead in KRI / KPI review call with onshore leads
• Continuous review of processes and controls ensuring we minimize the Operational Risk to BNP Paribas.
• Drive / lead Permanent Control framework
• Efficiency save to be generated in line with Organizational objective through removal of manual touch points, automation, process improvements etc.
• Support decision making process by performing data analysis
• Periodically revisit existing KPIs to make it more robust for the betterment of the process
• Formulate error remediation plan and implementation.
• Periodic performance appraisal and constructive feedback to direct reports.
• Lead process transition in collaboration with onshore counterparts
• Drive process improvement initiatives within his / her remit.
• To be pro-active and analyze potential risk to process well in advance.
• Ensure proper documentation of controls, & audit trails. Ensure proper channels of escalation are abided by
• Relevant weekly / Monthly / Quarterly meetings to be held with the teams
• Bridge the gap on regional discrepancies and align with Global standards.
• Client Centricity - continue to build on your team's reputation with all customers through clear communications and timely resolution to concerns raised.

Key Results Areas

Technical & Behavioral Competencies

Technical competencies

Behavioral Competencies

Specific Qualifications (if Required)

Skills Referential

Behavioural Skills : (Please select up to 4 skills)

Ability to deliver / Results driven

Personal Impact / Ability to influence

Creativity & Innovation / Problem solving

Communication skills - oral & written

Transversal Skills : (Please select up to 5 skills)

Ability To Develop Others & Improve Their Skills

Ability to understand, explain and support change

Ability to inspire others & generate people's commitment

Ability to manage a project

Ability to set up relevant performance indicators

Education Level

Bachelor Degree or equivalent

Experience Level

At least 15 years

Other / Specific Qualifications (if Required)

NA

Skills Required

Risk Management