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Associate - MO - Derivatives

  • Job
    Full-time
    Junior Level
  • Business, Operations & Strategy
    Banking & Finance
  • Chennai

AI generated summary

  • You need a Bachelor's degree, at least 1 year of experience, and strong knowledge of ETD, OTC products, swaptions, options, and CFDs on major exchanges globally.
  • You will process derivative trades, manage ETD margin, reconcile positions, escalate exceptions, and report issues per internal and external requirements.

Requirements

  • Bachelor Degree or equivalent
  • At least 1 year
  • Product Knowledge
  • ETD – Futures and options on all Major exchanges globally.
  • OTC – Swaps (IRS, CDS, CDX, Overnight Index, Inflation and Total Return),
  • Swaptions, Options.
  • CFD

Responsibilities

  • Processing Derivative trades in internal systems.
  • Providing trade notifications to third parties such as fund trustees.
  • ETD margin management and processing.
  • CFD Cash proceeds and processing.
  • Reconciling ETD, CFD and OTC positions and cash to clearing brokers.
  • ETD & CFD T0 matching.
  • Escalating exceptions to appropriate processing team for resolution.
  • Reporting of exceptions in line with internal control and external client requirements.

FAQs

What is the primary purpose of the Associate position in the MO - Derivatives team?

The primary purpose of the Associate position is to provide back office and middle office services to Asset managers and Institutional clients, which includes processing derivative trades, margin management, and resolving trade-related exceptions.

What are the main responsibilities of the Associate in this role?

The main responsibilities include processing derivative trades in internal systems, providing trade notifications to third parties, managing ETD margin processing, reconciling positions and cash to clearing brokers, and matching T0 trades.

What qualifications do I need to apply for this position?

Applicants should have at least a Bachelor’s Degree or equivalent and a minimum of 1 year of experience in a relevant field.

Is knowledge of derivatives necessary for this position?

Yes, a good understanding of derivatives, as well as financial markets and investment management, is required for this role.

Will I receive training to perform my job functions effectively?

Yes, training and support will be provided to ensure you can perform your job functions effectively.

What competencies are important for success in this position?

Important competencies include strong communication skills, a good understanding of financial markets, adaptability, integrity, and a client-focused approach.

Does BNP Paribas promote diversity and inclusion in the workplace?

Yes, BNP Paribas is committed to fostering an inclusive workplace where all employees are valued and can bring their authentic selves to work.

What kind of career development opportunities does BNP Paribas offer?

BNP Paribas offers various career development opportunities, including training programs and pathways to further enhance skills and knowledge.

Are there opportunities for advancement within the Middle Office team?

Yes, there are potential opportunities for advancement as you gain experience and demonstrate your abilities within the team.

What type of work environment can I expect at BNP Paribas India Solutions?

You can expect a dynamic work environment that supports innovation and collaboration, with a focus on delivering best-in-class solutions to clients.

The bank for a changing world

Finance
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Employees
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Founded Year

Mission & Purpose

more than 190,000 employees, including more than 145,000 in Europe. BNP Paribas holds leading positions in its three major operating divisions: ⚆ Commercial, Personal Banking & Services for all the Group’s retail banking networks and several specialised businesses, including BNP Paribas Personal Finance and Arval; ⚆ Investment & Protection Services for savings, investment and protection solutions; ⚆ Corporate & Institutional Banking, which is focused on corporate and institutional clients. 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. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and Investment & Protection Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.