Job Title - Assistant Manager
Department: GM IT
About Business line/Function: Transaction Reporting
Position Purpose: The role will report to Transaction Reporting Lead and will be primarily responsible for understanding new/existing regulatory requirements from stakeholders, ideating a suitable solution, specifying the solution from an IT perspective, validating the solution with stakeholders before release and providing post-release monitoring support to stakeholders to ensure regulatory compliance.
Responsibilities
Direct Responsibilities
- Follow and understand the regulatory transaction reporting changes in context of global markets financial products traded by the bank
- Organize or attend meetings which will clarify the need and options available to facilitate the implementation of the changes needed
- Ability to write and interpret specification artifacts like - BRDs, FSDs, user-stories and technical specifications
- Ensure that changes are delivered correctly and assist the testers in setting up test cases and validate their results
- Challenge status quo and propose process enhancement ideas. Participate/lead team meetings and help the team in the continuous improvements of our way of working
- Train the team members and ensure the knowledge transfer
- Communicate with the sponsors and stakeholders and share the progress updates
Contributing Responsibilities
Technical & Behavioral Competencies
- Good knowledge of global market products especially OTC derivatives across any asset class – Equity, Credit, Foreign Exchange, Commodity and Interest Rates
- Good knowledge of the front-to-back trade cycle, clearing, confirmation and settlement functions
- Business and data analysis skills
- Has experience in writing and interpreting business requirement documents (BRDs)
- Has experience in writing functional specification documents (FSDs) or user-stories
- Good oral and written communication skills
- Team player
- Able to write SQL queries and analyze data
Specific Qualifications
- Very good understanding of OTC derivative products and trade life cycle is necessary
- Experience in regulatory transaction reporting in any of global regulations like Dodd-Frank, EMIR, MIFID II, HKMA, MAS, ASIC, JFSA, Korea, RBI, SEBI or any regional transaction reporting
- Understanding of ISDA CDM and DRR initiatives is a plus
Technical Skills
Skills Referential (Required knowledge, skills and abilities)
- Ability to understand, explain and support change
- Ability to manage / facilitate a meeting, seminar, committee, training
- Analytical Ability
- Ability to develop and adapt a process
- Ability to manage a project
Behavioral Skills
- Communication skills - oral & written
- Ability to synthetize / simplify
- Ability to collaborate / Teamwork
- Ability to deliver / Results driven
Education Level: Bachelor degree or equivalent
Location: Mumbai
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.
