Assistant Manager - OTC Transaction Management

" To manage, monitor and control Derivatives TM processing & facilitate smooth functioning of Operations Objectives of BNP. "

Responsibilities

- Lead a team that will be responsible for Security Setup, Trade booking, Cash settlement and resolving the reconciliation breaks.

- Ensure smooth day-to-day operations are managed with 100% accuracy

- Ensure/contribute for Green KPIs & KMPs

- Facilitate teams to critically review current processes for effectiveness, quality and simplification

- Develop and implement process solutions to improve operational efficiency

- Identify risks and issues in business processes and systems.

- Develop in-depth knowledge of the organizations business lines and products.

- Assist in promoting the implementation of best practices.

- Recommend innovative business and technical solutions to improve operational effectiveness.

- Ensure effective communication to all the parties involved

- Coordinate with cross-functional team to develop process requirements.

- Inspire and motivate people to work towards the goals of the company.

- Ensure the process of change is smooth and uneventful for the company

- Escalating exceptions to appropriate processing team for resolution.

- Reporting of exceptions in line with internal control and external client requirements.

- Contributing to the 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.

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

[MANAGERIAL COMPETENCIES REQUIRED

1. Ability to support the teams

2. Crisis Management.

3. Maintaining cordial relationship among the teams

4. Delegating and Developing Others

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.

- Supervise, Monitor, Control and Co-ordinate all activities in the department.

- 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 a Fund Management, Custody, Reconciliation like cash and collateral.

- Extensive experience of working within Derivative operations.

- Thorough understanding of all Derivative product classes.

- Process accurate OTC pricing / Trade booking on a Global basis within given deadlines.

- Query resolution in accordance with time frames set out in Client SLAs

- Work with the Vendors and other parties to capture OTC prices.

- Resolve pricing / trade booking issues in a timely basis.

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Attention to detail / rigor

Ability to deliver / Results driven

Ability to share / pass on knowledge

Transversal Skills: (Please select up to 5 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 / facilitate a meeting, seminar, committee, training

Education Level:

Bachelor Degree or equivalent