Global Market Operations, also known as COCE (client operating center of excellence) is further divided into 4 departments i.e. Trade Processing & Support, Product Control, Client Management & Change Management. Product Control in the wider market outside of BNP is Middle Office. Product Control consists of streams like Documentation & Reconciliation, Trade Support, P&L; & Trading Portfolio & controls. Product Control teams are in regular contact with Market Front Office, Regional Back Office’s and Regional Finance & other support teams for their BAU.
Position Purpose
Primary responsibilities of the team include:
Prime Brokerage - Client Service Group,
Manage all aspects of the trade lifecycle for Cash Prime Brokerage (PB) and Swaps, including:
Monitoring trade feeds and incoming files
Managing spill queues with the assistance of the Trade Support function
Ensuring trade feeds are accurately transmitted to the settlement platform
Maintain effective communication channels with peer groups.
Collaborate with internal teams and escalate unresolved issues promptly.
Participate in brainstorming sessionsand cross trainingto share best practices and ideas.
Responding to client queries & Front office queries.
Liaison with tradingdeskand related stakeholders to escalate any trade or booking issues.
To perform day-to-day trade & position reconciliation and analyze all the breaks arisen from the related reconciliation reports to ensure proper control and measure the associated risks on all outstanding breaks.
Validate the trades in the booking systems.
Perform standardized and specific controls as percontrolplan and upon agreed schedule.
Provide standardized and specific reports as per requirement and upon agreed schedule.
Contribute to transversal projects coordinated by Projects teams.
Contribute to Risk Control framework: End-of-day Risk Limits, Intraday Risk Limits and Trad