BNP Paribas Hiring for Senior Associate – Market Data Administrator at Mumbai, Maharashtra Full Time

Full Job Description
Job Description

About BNP Paribas Group:
BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

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 24×7 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 :
FINANCIAL OPERATING PLATFORM :
Strong presence in 32 countries across the globe with a proven track record of delivering quality service, within the expected Turn Around Time ( TAT) and with ability to challenge Status Quo and share Best Practices

1. Vendor Set up and modification

2. Processing of Invoice

3. Processing payments

4. Processing of staff claims as per the expense policy of specific locations.

Job Title:
Market Data Administrator

Date:
2023

Department:
Financial Operating Platform

Location:
Mumbai/Chennai

Business Line / Function:
CIB ITO QE

Reports to:
(Direct)

Manager

Grade:
(if applicable)

NA

(Functional)

NA

Number of Direct Reports:
NA

Directorship / Registration:
NA

POSITION PURPOSE
Manage, organize and supervise the Market Data Administration Competency Center in India, under the responsibility of MDCC global lead manager

Responsibilities

Main tasks that will be performed in the Competency Center:
Demand management
Request management
Inventory management
Invoice analysis & Accruals/deferrals process
Customized reporting
Vendor reporting requirements
Budgeting
Ensure activities of the Competency Center (CC) are properly handled with an optimal balance between productivity, costs, risk and quality.
Take responsibility and be responsible for the CC’s operational process.
Actively contribute to the preparation, implementation and monitoring of the business strategy and objectives.

Key tasks

Ensure that the day-to-day local operations of the CC for which he assumes responsibility.

Set and measure priorities within the CC in accordance with MDCC global lead manager.Allocate resources in the most cost-effective manner, based on workload and skills.Resolves operational problems within the limits defined by management and, if necessary, provides timely feedback on problems beyond management’s control.Report problems, status and propose solutions to MDCC global lead manager.
Controls the quality of services provided and the costs and risks associated with CC activities.

Process KPI on quality, load and risk to monitor CC’s activities.Take corrective action if problems occur & communicate accordingly.Develop and implement control activities, with regards to Market Data contracts, to control operational and financial risks.Monitor and assume SLA’s responsibility with internal clients.Follow contingency procedures for critical activities within CCs.
Ensure the management, motivation, evaluation, training and professional development of staff in order to have the skills required internally.

Create, maintain and inspire a dedicated and motivated team.Organize work to enable team members to acquire new skills, starting with the objectives of the Business and the personal skills of those who are directly dependent on it and team members.Promote, within the team, exchanges of views and knowledge regarding projects, architecture, systems & processes.Hold regular team meetings with CC staff to manage their personal expectations. These meetings will be held at least once every month.Use specific development programs to motivate these people and high potential collaborators.Assign a job description to each team member to obtain the most appropriate human resource profiles and allocation.Evaluate teams formally and informally and provide adequate follow-up evaluation.Organize an integration process for new team members.
Communicate upstream and downstream with appropriate messages.

Regular reporting on the BAU tasks to the MDCC global lead manager.Communicate important communications from team members to the hierarchy.Structure the communication channel for team members, communicating objectives, strategies and decisions in a systematic and clear manner.Organize communication with the project partners, planning of development progression capacities.
TECHNICAL & BEHAVIORAL COMPETENCIES
Excellent academic background to at least degree level.
Strong team management experience.
Good Knowledge and understanding of the finance systems and invoices process.
Results driven & detail-orientated – delivers high quality, and high impact work.
Strong organizational skills – ability to multitask and prioritize based on potential impact.
Capacity to analyze issues, prioritize based on potential impact, synthesize findings and communicate them in an effective manner; ability to rapidly propose solutions to solve them.
Excellent interpersonal skills – ability to liaise in a professional manner with all levels of staff / management.
Flexible, enthusiastic and hands-on approach.
Proven ability to work autonomously.
Languages: Hindi, English. French will be a real advantage.

Technical competencies

Market Data, Administration or Finance & Accounting background.
Project Management – previous experience in being part of large and/or diverse projects.
Market, product & business –Is genuinely interested in financial markets and continually learning and staying abreast of new developments.
Powerpoint / Excel skills – very proficient in use of such tools.
Knowledge of Calero MDSL third party cost management software (MDM) or equivalent tool would be a plus.
Market Data, Administration or Finance & Accounting background.
Project Management – previous experience in being part of large and/or diverse projects.
Market, product & business –Is genuinely interested in financial markets and continually learning and staying abreast of new developments.
Powerpoint / Excel skills – very proficient in use of such tools.
Knowledge of Calero MDSL third party cost management software (MDM) or equivalent tool would be a plus.

Core Competencies

Client focus – sees stakeholders as well as internal clients as “customers”.
Drive for results – delivers high quality work.
Corporate role model, integrity & ethics – Acts with discipline and high ethical standards.
Team player & cross-cultural awareness – works effectively in a team. Communicates and shares information and solutions with colleagues, with other teams and stakeholders.
SPECIFIC QUALIFICATIONS (IF REQUIRED)

Masters Degree in Business Administration

Skills Referential

Behavioural Skills:
Communication skills – oral & written

Ability to synthetize / simplify

Choose an item.

Decision Making

Transversal Skills:
Ability to anticipate business / strategic evolution

Ability to understand, explain and support change

Ability to develop and adapt a process

Education Level:
Master Degree or equivalent

Experience Level

At least 7 years

Other/Specific Qualifications (if required)

NA
PRIMARY LOCATION
IN-MH-Mumbai
JOB TYPE
Standard / Permanent
JOB
OPERATION PROCESSING
EDUCATION LEVEL
Master Degree or equivalent (> 4 years)
EXPERIENCE LEVEL
At least 7 years
SCHEDULE
Full-time
REFERENCE
FIN003350
APPLY
(REF: FIN003350)