Analyst- OTC Valuation

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Analyst – OTC Valuation & Booking role at BNP Paribas, Chennai – daily trade processing and valuation.

Collaborate with Paris hub, vendors and front‑office for pricing, booking and exception resolution.

Job Title:  Analyst

Department : MFS - OTC

About Business line/Function:  MFS OTC DERIVATIVES PARIS (Valuation)

Position Purpose:

Analyst will be responsible for performing daily tasks related to OTC valuation & Booking teams carried out in the MFS department. He/ She will be working closely with off-shore management, Front office, Account managers, external vendors as part of their daily tasks and will report to Team lead in Chennai. The staff will be working closely with all internal teams, Paris and local management, as part of their daily BAU. Good functional understanding of the OTC derivative business along with Basic knowledge on OTC products & Booking,Corporate action,Trade Settlement,Trade life cycle, Collateral management is required.

Responsibilities

Direct Responsibilities

• Processing OTC Derivative trades in internal systems manually.
• Providing trade notifications to third parties such as fund trustees.
• Resolving trade-related exceptions and investigating them until closure.
• Liaison with the Counterparties and settling the cash flows
• Liaison with the Paris OTC hub team, internal teams to resolve the breaks
• Process accurate OTC Valuations / Trade booking on Global basis within given deadlines.
• Interact with both internal and external parties to resolve pricing / trade booking issues and queries.
• Query resolution in accordance with time frames set out in Client SLA’s.
• Handle valuation exceptions/breaks and investigate thoroughly before feeding the prices to downstream teams.
• Work with the Vendors and other parties to capture OTC Valuations.
• Resolve pricing / trade booking issues in a timely basis.
• Ensure all errors/break down of procedure are documented as per BNP Paribas policy.

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.
• Interact with both internal and external parties to resolve pricing / trade booking issues and queries.

Technical & Behavioral Competencies

• Thorough understanding of all Capital & Derivatives market, financial instruments, Investment banking process and above average accounting skills.
• Good verbal and written communication.
• Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills.
• Ability to work independently, as well as in a team environment, prioritizes multiple tasks and meets strict deadlines.
• Proficient in Microsoft office applications and strong MS Excel skills required.

Specific Qualifications (if required)

Knowledge and skills required 

• Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.
• Identify Operational Risk Areas within the Client Business Revenue Process.
• Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines
• Proficient in Microsoft Office Applications and strong MS Excel skills required.
• Experience of operations in Fund Management, Custody, Reconciliation like cash and collateral.
• Query resolution in accordance with time frames set out in Client SLA’s
• Work with the Vendors and other parties to capture OTC prices.
• Resolve pricing / trade booking issues on a timely basis.

Skills Referential (Required knowledge, skills and abilities)

Technical Skills: Ability to understand,explain and support changes, 

Analytical ability 

Ability to develop and adapt to a process 

Ability to manage/facilities a meeting,seminar,committee,training

Ability to develop others & improve their skills

Behavioral Skills: 

Ability to collaborate/Teamwork 

Adaptability 

Creativity and innovation

Critical thinking

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 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.