The officer will be a part of the confirmation drafting team for Foreign Exchange, Money Market, Equity Derivatives, Credit and Interest Rate Derivatives and Commodity trading (power, gas, oil, precious metals).
Responsibilities
Drafting Team:
The Drafting team is responsible for ensuring that all BNP Paribas confirmations are
Dispatched to clients i.e Interbank and Corporate Clients. The team covers a wide range of products traded by the Trading desks such as Vanilla products and the more complex Structured trades.
The Drafting team is also responsible to perform final verification of the trade economics before dispatching the final confirmations to counterparts.
The team works closely with other Trade Processing teams, legal teams and Front Office to ensure timely communication for any booking discrepancies, template issues and outstanding confirmations.
Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls
Ensure appropriate escalation to management as soon as an issue is identified.
Ensure that documentation controls are done daily, comments detailed clearly, and be responsible for reliability of records for EQD Derivatives
Ensure set KPIs are met
Play a Role in Project Management
Contributing Responsibilities
Continuous Control Improvement:
- Continuous review of processes and controls ensuring we minimize the Operational Risk to BNP Paribas.
- Contribute to the Permanent Control framework
Projects
Participate to global projects related to any Documentation processes improvements.
Play a key Role in Project Management
Key results areas:
Process Alignment
Capacity to handle analysis/ continuous improvement/light touch projects
Transversality of the global setup
Technical Behavioral Competencies Technical competencies :
- Fluent English
- ISDA definitions templates
- Front to back workflow
- Risk Management
- Strong analytical skills
- Ability to innovate
- Strong team player and strong problem-solving mindset as well as client-oriented
- Advanced proficiency in Excel presentations
Behavioral Competencies :
- Organized good resistance to stress
- Attention to detail
- Ability to prioritize workloads use a proactive approach to meet deadlines
- Self-discipline autonomy
- Adaptability Change Management: Fungible resource who is ready to adapt
- Strong Client Focus: Client is at the center of all our concerns.
- Escalation Reporting
- Effective escalation and consensus builder
Specific Qualifications(if required) Experience in Documentation prefered (drafting /chasing/matching)
Bachelor or Master Degree on Economics, Mathematics or Finance.
Fluent in English (both oral and written communication)
Skills Referential
Behavioural Skills : (Please select up to 4 skills)
Attention to detail / rigor
Ability to deliver / Results driven
Client focused
Communication skills - oral written
Transversal Skills:
Ability to set up relevant performance indicators
Ability to understand, explain and support change
Analytical Ability
Ability to anticipate business / strategic evolution
Ability to understand, explain and support change
Education Level:
Bachelor Degree or equivalent