Verified Job
Accounting - Finance
Vice President Lead Trade Validation US shift
Accounting - Finance
#474844
Remote / WFH
Job Description
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, ****** 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 Businessline / 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.
CURRENT ROLE :
Job Title : Vice President
Role : Trade Support - Trade Validation
Department : COCE Product Control
Location : Bengaluru
Shift Timings : US shift (+ : 00 PM start time)
Position Purpose :
The US Trade Validation is accountable for the delivery of the Trade Validation Activities within the OTC & Securities Trade Validation team which processes any OTC , LD & Securities Transaction for which terms & conditions are negotiated, with the mandate to ensure that it is correctly represented in the booking system, consistent with the sale and allocated if necessary.
This role implies a very strong collaboration & functional alignment with regional and global stakeholders to execute and further deploy and improve the Target Operating Model and Platform strategies for OTC TV & Sec TV.
This role entails a high level of interaction with regional / global functional leads, business stakeholders and senior management within IT and Operations
Responsibilities
TRADE SUPPORT MAIN FUNCTIONS :
• Ensure the Operating framework for OTC TV & SEC TV is efficient; provide quality and timely processing for Securities Business.
• To work in partnership with our clients, sales and trading to ensure that trades are allocated, confirmed, and processed in a timely manner.
• Provide support to our front office Equities trading desks and also act as a point of contact for internal front / back-office enquiries.
• Ensure that all trade validation activities are known, controlled and monitored, to face regulators expectations.
• Ensure deliverables, procedures are designed according to regulatory requirements and areas of risk escalated to Risk owners and management.
• Contribute towards the OTC TV & SEC TV budget following specific guidelines, and manage teams effectively in terms of cost and resource.
• Manage new transitions and movement of functions from other locations into India
• Management of all spill queues within the platform.
• Responding to client queries & Front office queries
• Liaison with trading desk and related stakeholders to escalate any trade or booking issues.
• Liaison with Associated teams, within the Service Control utility to help resolve trade related Fobo breaks.
• Ability to apply problem solving and investigative techniques to trade booking / flow issues.
• Help with project and CTB development where required
• Manage all queries related to instrument static data.
• Good Client Service and timely delivery on our confirmation commitments
• Manage and monitor business continuity for the OTC TV & SEC TVTeam
People Management
• Provide leadership and direction to OTC TV & SEC TV Team, set conditions and manage its resources in order to optimize the services to our key (internal and external) client needs within determined strategy and budget.
• Develop OTC TV & SEC TV team towards production excellence
Technical & Behavioral Competencies
• Experience in OTC, Listed Derivative Products & Securities markets
• Deep knowledge of Middle Office Support functions
• At least 15+ years in an operational support position
• Project management skills
Skills Referential
BehaviouralSkills : Decision Making
Decision Making
Attention to detail / rigor
Organizational skills
Ability to collaborate / Teamwork
Transversal Skills :
Ability to understand, explain and support change
Analytical Ability
Ability to develop and adapt a process
Ability to develop others & improve their skills
Ability to manage a project
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, ****** 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 Businessline / 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.
CURRENT ROLE :
Job Title : Vice President
Role : Trade Support - Trade Validation
Department : COCE Product Control
Location : Bengaluru
Shift Timings : US shift (+ : 00 PM start time)
Position Purpose :
The US Trade Validation is accountable for the delivery of the Trade Validation Activities within the OTC & Securities Trade Validation team which processes any OTC , LD & Securities Transaction for which terms & conditions are negotiated, with the mandate to ensure that it is correctly represented in the booking system, consistent with the sale and allocated if necessary.
This role implies a very strong collaboration & functional alignment with regional and global stakeholders to execute and further deploy and improve the Target Operating Model and Platform strategies for OTC TV & Sec TV.
This role entails a high level of interaction with regional / global functional leads, business stakeholders and senior management within IT and Operations
Responsibilities
TRADE SUPPORT MAIN FUNCTIONS :
• Ensure the Operating framework for OTC TV & SEC TV is efficient; provide quality and timely processing for Securities Business.
• To work in partnership with our clients, sales and trading to ensure that trades are allocated, confirmed, and processed in a timely manner.
• Provide support to our front office Equities trading desks and also act as a point of contact for internal front / back-office enquiries.
• Ensure that all trade validation activities are known, controlled and monitored, to face regulators expectations.
• Ensure deliverables, procedures are designed according to regulatory requirements and areas of risk escalated to Risk owners and management.
• Contribute towards the OTC TV & SEC TV budget following specific guidelines, and manage teams effectively in terms of cost and resource.
• Manage new transitions and movement of functions from other locations into India
• Management of all spill queues within the platform.
• Responding to client queries & Front office queries
• Liaison with trading desk and related stakeholders to escalate any trade or booking issues.
• Liaison with Associated teams, within the Service Control utility to help resolve trade related Fobo breaks.
• Ability to apply problem solving and investigative techniques to trade booking / flow issues.
• Help with project and CTB development where required
• Manage all queries related to instrument static data.
• Good Client Service and timely delivery on our confirmation commitments
• Manage and monitor business continuity for the OTC TV & SEC TVTeam
People Management
• Provide leadership and direction to OTC TV & SEC TV Team, set conditions and manage its resources in order to optimize the services to our key (internal and external) client needs within determined strategy and budget.
• Develop OTC TV & SEC TV team towards production excellence
Technical & Behavioral Competencies
• Experience in OTC, Listed Derivative Products & Securities markets
• Deep knowledge of Middle Office Support functions
• At least 15+ years in an operational support position
• Project management skills
Skills Referential
BehaviouralSkills : Decision Making
Decision Making
Attention to detail / rigor
Organizational skills
Ability to collaborate / Teamwork
Transversal Skills :
Ability to understand, explain and support change
Analytical Ability
Ability to develop and adapt a process
Ability to develop others & improve their skills
Ability to manage a project
