BNP Paribas Hiring for Associate L1 at Chennai, Tamil Nadu Full Time

Job Title:
Associate/Associate Level 1

Date:
Department:
MO – Derivatives UK

Location:
Chennai

Business Line / Function:
AFS

Reports to:
(Direct)

Grade:
(if applicable)

(Functional)

Number of Direct Reports:
NA

Directorship / Registration:
Position Purpose

Provide a brief description of the overall purpose of the position, why this position exists and how it will contribute in achieving the team’s goal.

UK derivatives support team is a department in BNP Paribas GSO that will provide back office and middle office services to Asset managers and Institutional clients. Services provided UK derivatives team will be trade capture, costing and settlement, margin settlements, reconciliation and investigations.

The Senior Associate will be a member of UK derivatives team, who will be engaged in processing derivative trades, margin management and resolving trade-related exceptions.

Responsibilities

Direct Responsibilities

Processing Derivative trades in internal systems.

Providing trade notifications to third parties such as fund trustees.

ETD margin management and processing.

CFD collateral management and processing.

Reconciling ETD and OTC positions and cash to clearing brokers

CFD matching

Contributing Responsibilities

Escalating exceptions to appropriate processing team for resolution.

Reporting of exceptions in line with internal control and external client requirements.

Technical & Behavioral Competencies

Strong understanding of financial markets, investment management and asset management

Good Understanding on derivatives

Excellent communication skills

Fair knowledge on Derivatives, Equities -trade capture and matching services.

Basic Excel and digital documenting will be added advantage.

Specific Qualifications (if required)

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Adaptability

Communication skills – oral & written

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Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

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Education Level:
Bachelor Degree or equivalent

Experience Level

At least 2 years

Other/Specific Qualifications (if required)