About BNP Paribas Group BNP Paribas is a top-ranking bank in Europe with an international profile It operates in 71 countries and has almost 199 000 employees The Group ranks highly in its three core areas of activity Domestic Markets and International Financial Services whose retail banking networks and financial services are grouped together under Retail Banking Services and Corporate Institutional Banking centred on corporate and institutional clients The Group helps all of its clients retail associations businesses SMEs large corporates and institutional to implement their projects by providing them with services in financing investment savings and protection In its Corporate Institutional Banking and International Financial Services activities BNP Paribas enjoys leading positions in Europe a strong presence in the Americas and has a solid and fast-growing network in the Asia Pacific region About BNP Paribas India Solutions Established in 2005 BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA a leading bank in Europe with an international reach With delivery centers located in Bengaluru Chennai and Mumbai we are a 24x7 global delivery center India Solutions services three business lines Corporate and Institutional Banking Investment Solutions and Retail Banking for BNP Paribas across the Group Driving innovation and growth we are harnessing the potential of over 6000 employees to provide support and develop best-in-class solutions Commitment to Diversity and Inclusion Cash Equities Arbitrage settlements looks into the confirmations and settlements for Cash Equity trades for all APAC markets Team has to ensure the trades are settled on time as per market cutoffs Team needs to liaise with MO FO incase of team discrepancies to ensure smooth settlement of trades Along with this ETFs IPOs and conversions are also taken care by the team Team works on unmatched fails reports from custodian Daily there is FOBO Cash and Stocks reconciliation to ensure no breaks between systems vs custodian About Businessline Function Product Control is part of COCE Client Operating Centre of Excellence performing multiple Middle Office functions Product Control have 6 verticals - P L and Valuation Controls OTC Trade Validation Securities Trade Validation Documentation OTC Documentation Trading Portfolio Control and Position Management Team works very closely with Trading Sales Business Managers and various FtB teams like Back Office Regional Finance and COO community Job Title Senior Associate Date 2025 Department Market Risk Location Mumbai Business Line Function COCE Product Control Reports to Direct Manager Grade if applicable NA Functional Number of Direct Reports Directorship Registration NA POSITION PURPOSE Risk Control is a distinct group within the V RC organization whose main objectives are Perform controls over end-of-day and intraday risk limits Ensure compliance with trader mandates Escalate and report breaches to management Responsibilities RESPONSIBILITIES Contribute to Risk Control framework End-of-day Risk Limits Intraday Risk Limits and Trader Mandates This increasingly complex and demanding function requires ongoing participation in process execution analyses and project coordination by all team members Ensure that daily end-of-day intraday limits and mandate breaches are investigated understood promptly escalated according to the global policy and all the comments are well documented in the daily weekly monthly summary reports and Dashboard Particularly regarding the risk limits monitoring there is a need for constant dialogue and interaction with Traders Front Office management Risk and Operations department and IT to Understand the methodologies used to compute the market risks indicators in the risk systems to calculate end-of-day risk and Intraday risk limits Identify research and resolve limit discrepancies between the FO system and Risk system Identify inconsistencies across risk indicators Coordinate with other internal groups to resolve issues and post accurate market risk in the official Risk system Ensure control exhaustiveness For the trader Mandate management function Understand the different mandate characteristics and controls across the various product asset classes Identify investigate and escalate policy breaches Summarize and report outstanding issues to global V RC management coordinate to resolve the issue ie update the mandate systems globally amend the mandate reconciliation logic Ensure timely signoff if Trading Mandates by FO personnel Ensure control exhaustiveness Changes are documented and exhaustively maintained Implement new controls and processes arising changes in the regulatory environment such as Volcker and the French Banking Law CONTRIBUTING RESPONSIBILITIES Contribute to the Permanent Control framework Practical understanding of option theory and an interest in financial markets Ability to explain various option pricing parameters particularly Equity Options Project coordination skills Effectively communicate and coordinate across diverse global groups to meet challenging targets Prior Risk P L Product Control or Audit experience or other experience working in a control function Working product knowledge across a wide range of asset class Equities preferred Strong IT skills including Excel VBA and PowerPoint Intermediate to advanced Excel skills Technically strong in areas of financial mathematics complemented by knowledge of market practice TECHNICAL BEHAVIORAL COMPETENCIES 2 years of relevant financial industry experience Strong control oriented mindset Thrive under tight deadlines to produce accurate and thorough results Attention to detail is essential especially when under pressure and time constraints Strong written and verbal communication listening skills Ability to effectively communicate to various audiences senior junior trading IT non-technical audit etc Results Solutions driven Manage constraints and competing priorities ability and mindset to compromise and build consensus to optimize outcomes Intellectual interest in operational risk overall concern over the effectiveness of the bank s control structure Ongoing curiosity in the evolution of the market setting the organization and the bank s businesses SPECIFIC QUALIFICATIONS IF REQUIRED NA Skills Referential Behavioural Skills Please select up to 4 skills Decision Making Attention to detail rigor Organizational skills Critical thinking Transversal Skills Please select up to 5 skills Ability to understand explain and support change Analytical Ability Ability to manage a project Ability to develop and leverage networks Choose an item Education Level Bachelor Degree or equivalent Experience Level At least 5 years Other Specific Qualifications if required NA