About Business line/Function: Asset Management – Collateral & Derivatives Support
Position Purpose
BNP Paribas Asset Management is part of BNP Paribas Group and is responsible for the process of managing and monitoring assets, on behalf of individual and corporate clients. BNPP AM offers funds and mandates towards its clients. These funds & mandates are managed by Portfolio Managers, who are based in different locations across the globe.
The mission of Asset Management Operations – ISPL is to organize and perform, as a global service provider, the operations activities for portfolio management and the associated reporting in a regulatory compliant, risk controlled, qualitative and effective way.
The role of the different Transaction Processing teams (Trade Support, Collateral & Derivatives Support and Security Financing Operations) within AMO is essential to ensure that all transactions are correctly reflected in the position keeping tools, meaning they should be accurate and in line with service providers and client expectations.
As a Processor of the Collateral and Derivatives Support team, you will be responsible for the Capture and processing of daily collateral movements (cash, securities, guarantees). You will need to perform margin calls, collateral sweeps, and substitutions in accordance with CSA/ISDA and GMRA agreements. Monitor and resolve mismatches between internal records and external custodians/clearing houses. Reconcile collateral balances across internal systems (e.g., ALADDIN) and external sources (custodians, CCPs).
You will also be responsible for ensuring the collateral calculations will be done correctly. This is done by guaranteeing a correct Collateral contracts setup as well as correct OTC valuations are calculated by the Aladdin tool, which will trigger correct collateral calls.
Finally, given that for about half of our portfolios the Collateral management is outsourced to an external party, yo
📌 Assistant Manager (India)
🏢 BNP Paribas
📍 India
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