Senior Associate / Assistant Manager - OTC Derivatives Drafter

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 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

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

BehaviouralSkills

• 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

Experience Level

At least 3 years.