Senior Associate - 2S Middle Office (Derivatives)

About BNP Paribas Solutions - Philippines Branch Established in 2024, BNP Paribas Solutions Philippines Branch is a branch of BNP Paribas Group, a leading bank in Europe with an international reach. We provide support services, back-office operations services related to or which further the accomplishment of the corporation’s investment services, banking transaction processing, and equity investment.

About BNP Paribas Group BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporate, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.

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.

About Business Line/Function IFSO MO - SYD Derivatives is part of overall MO function and Trade processing team. Derivatives team is responsible for booking trades on a day to day for BNP Clients.

Responsibilities Direct Responsibilities

• Processing Derivative trades in internal systems.
• Providing trade notifications to third parties such as fund trustees.
• ETD margin management and processing.
• CFD Cash proceeds and processing.
• Reconciling ETD,CFD and OTC positions and cash to clearing brokers
• ETD & CFD T0 matching
• Markit template booking and validation.

Contributing Responsibilities

Escalating exceptions to appropriate processing team for resolution.

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

Technical & Behavioral Competencies

• Strong understanding of financial markets, investment management and asset management
• Good Understanding on derivatives
• Excellent communication skills
• Fair knowledge on Derivatives, Equities -trade capture and matching services.
• Basic Excel and digital documenting will be added advantage.
• Good Analytical Skills

Specific Qualifications (if Required) Accounting/Commerce

Skills Referential Behavioral Skills:

• Attention to detail / rigor
• Ability to collaborate / Teamwork
• Adaptability
• Active Listening
• Communication skills - oral & written
• Client focused

Transversal Skills

• Ability to understand, explain and support change
• Ability to develop and adopt a process
• Ability to inspire others & generate people's commitment
• Analytical Ability

Education Level: Bachelor Degree or equivalent

Experience Level: Minimum of 3-7 years of experience in Capital Markets Operations (preferably in Derivatives Operations)