Assistant Manager - OTC - Regulatory Reporting

Position Overview

Assistant Manager – MFS OTC Regulatory Reporting (Chennai) – The role leads a team that delivers daily OTC‑derivatives regulatory reporting (EMIR, ASIC, MAS, SFTR) to the DTCC repository. He/She ensures all trade, valuation and collateral data are submitted on time, drives reconciliation, monitors key risk & performance indicators, and acts as the first‑level escalation point for BAU issues. The Assistant Manager also manages people‑performance cycles, work‑allocation and stakeholder coordination with on‑shore/off‑shore teams, account managers and senior leadership.

Job Responsibilitie

• sSubmit all OTC trades, valuations and collateral to the DTCC repository in accordance with regulatory timelines
• .Review, correct and resubmit every NACK/rejection; achieve zero reporting rejections on T+1
• .Reconcile DTCC positions with client positions daily to confirm alignment
• .Prepare and publish monthly KRIs/KPIs, maintaining Green RAG status
• .Own the group inbox; monitor and meet TAT for email responses
• .Escalate exceptions to the appropriate processing team and track resolution
• .Log and report exceptions per internal controls and client‑specific requirements
• .Conduct/attend regular meetings with team members, internal and external stakeholders
• .Hold quarterly one‑on‑one performance discussions and oversee annual appraisal inputs
• .Ensure the daily checklist is signed off by all team members and shared promptly
• .Act as SME and escalation point for internal and external queries
• .Keep SOPs and Global portal procedures up‑to‑date; log incidents in the BIRDIE portal and drive closure
• .Review, sign‑off and circulate all MIS reports (daily‑weekly‑monthly‑quarterly‑annual) and follow up on stakeholder queries

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Required Education, Skills and Experience (must hav

• e)Undergraduate degree (or equivalent) in Business, Finance, Economics, Accounting or a related fiel
• d.Proven experience in derivative operations; solid understanding of all OTC product classes and related regulatory requirements (EMIR, MAS, ASIC, SFTR
• ).Regulatory Reporting – Hands‑on experience reporting to DTCC (or similar trade repository) and handling NACK/rejection cycle
• s.People Management – Demonstrated ability to allocate work, coach team members and conduct performance appraisal
• s.Analytical & Detail Orientation – Strong analytical mindset, high accuracy in reconciliations and KPI/KRI preparatio
• n.Technical Proficiency – Advanced MS Excel (pivot tables, complex formulas, data validation) and strong overall Microsoft Office skill
• s.Communication – Excellent written and verbal communication; capable of presenting complex information clearly to senior stakeholder
• s.Behavioral Traits – Ability to work independently and collaboratively, prioritize multiple tasks, meet strict deadlines, and lead by exampl
• e.Operational Discipline – Familiarity with incident‑logging (BIRDIE) and SOP governance; commitment to adherence to internal controls and audit standard

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Preferred Education, Skills and Experience (nice to ha

• ve)Higher Education – Master's degree (or equivalent) in Finance, Business Administration, or a related discipli
• ne.Regulatory Breadth – Exposure to additional regimes such as SFTR, MiFID II, or other global reporting framewor
• ks.Fund Management & Custody – Experience in fund‑management, custody, cash and collateral reconciliation process
• es.Technology Exposure – Knowledge of Business Objects, Power BI or other reporting/BI tools; familiarity with portfolio‑REC tools (e.g., TriResolv
• e).Vendor Management – Experience working with external vendors to source OTC pricing and resolve trade‑booking issu
• es.Risk & Controls – Ability to identify operational‑risk areas within revenue processes and contribute to risk‑mitigation initiativ
• es.Process Improvement – Proven track record of updating SOPs, enhancing procedures, and driving continuous‑improvement projec

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About BNP Paribas India Soluti

ons: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 soluti

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Commitment to Diversity and Incl

usionAt 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 operat