FXMM OTCD - EMEA Settlement - Assistant Manager

The FXMM Derivative Back Office is responsible for the day-to-day settlement for Derivative products and Money Market. The team operates in close collaboration with marketers, sales, and other internal function teams (APAC & EMEA) to offer client-first post-trade services. Team members are generally assigned to two or three Markets.

We are looking for a highly motivated and experienced FXMM & OTC Derivatives Associate to join our BNP Operations team. In this role, you will be responsible for 100% BAU working day-to-day operations of our FXMM and OTC derivatives Settlement business, ensuring that all Accounting Settlement and Position processes are efficient, accurate, and compliant with regulatory requirements.

Practical knowledge and thorough understanding of various types of financial instruments (equities, bonds, ETD/OTC derivatives, corporate actions) are required.

Key Responsibilities:

• To process payments for Value date and Value date -1, ensure all payments are cleared
• To create manual payments from SWIFT Alliance, have knowledge about MT103, MT202 Payment, and MTMX Messages
• Ensure that all Corporate/Inter-bank trades are processed and approved in a timely manner
• Cash Settlement with onshore/offshore clients
• Cash management related to funding trades
• Perform EOD reconciliations
• Troubleshoot potential operational problems and resolve issues
• Ensure compliance with regulatory requirements and internal policies and procedures

Qualifications:

Skills Referential

BehaviouralSkills:

• Ability to collaborate / Teamwork
• Organizational skills
• Adaptability
• Communication skills - oral & written

Transversal Skills:

• Ability to understand, explain and support change
• Ability to develop and adapt a process
• Ability to manage a project
• Ability to develop others & improve their skills
• Analytical Ability

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 7 years