BNP Paribas
Website:
bnpp.lk
Job details:
Job Title:Vice President
Department: MFS - OTC
About Business line/Function: MFS OTC DERIVATIVES – Regulatory Reporting
Position Purpose: To perform daily regulatory reporting processing activities involving EMIR, ASIC, MAS and SFTR Regulations.
Responsibilities
Direct Responsibilities
§ Ensure that all the OTC trades, Valuation and Collateral are reported to Trade Repository (DTCC) in a timely manner.
§ No reporting rejections on T+1. Proper follow up on all NACK’s
§ Person should be familiar with EMIR, MAS and ASIC Reporting
§ Highly Analytical and Problem Solving skills – Trade Exceptions monitoring and reporting.
§ Good understanding of NACK Resolution process in DTCC.
§ Ensure all Nacks/Rejection are actioned and resubmitted to DTCC
§ Reconcile the DTCC position with Client position to ensure that all positions are in line.
§ Prepare the monthly KRI and KPI, and ensure the RAG’s are Green.
§ Manage the group inbox and monitor the TAT to email responses.
Contributing Responsibilities
§ Escalating exceptions to appropriate processing team for resolution.
§ Reporting of exceptions in line with internal control and external client requirements.
§ Contributing to team success. If needed by processing the activities as well.
§ Contribute to the Operations Permanent Control framework
§ Monitor turnaround times, and operational efficiency. Resolve Internal, external stakeholder queries.
§ Support MO to address ultimate client needs and resolve client complaints if any.
§ Supervise preparation and submission of MIS and
§ Reports to management as required and disseminate information to the Team.
Technical & Behavioral Competencies
§ Thorough understanding of all Derivative product classes
§ Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.
§ Good verbal and written communication.
§ Ability to work independently, as well as in a team environment, prioritizes multiple tasks and meets strict deadlines
§ Familiarity with Computer applications, MS Office, Business Objects etc
§ Familiarity with Back Office Operations, Processes and systems.
§ Knowledge on various regulations connected with Banking Operations.
§ Operational Risk awareness
§ Knowledge on Banking Law & Practice
§ Product Knowledge on Cash Management
§ Communications Skills Networking, Interpersonal & Team Building Skills
· Taking Initiative and Risk Management Skills
· Client Focus and Decision Making Skills
Specific Qualifications: N/A
Skills Referential (Required knowledge, skills and abilities)
Technical Skills:
- Familiarity with Back Office Operations, Processes and systems
- Familiarity with Computer applications, MS Office, Business Objects etc
- Operational Risk awareness
Behavioral Skills:
- Decision making
- Communication skills
- Creativity and innovation
- Client focused
Education Level: Master’s degree or equivalent
Location: Chennai
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 specialized 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.
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.
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. 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.
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