13 Aug
|
BNP Paribas
|
Mumbai
13 Aug
BNP Paribas
Mumbai
Job Title: Controller (Assistant Manager)
Department: Wealth Management – Operations (FX/FX Derivatives/CLI/Interbank MM)
About Business Line/Function
The Wealth Management (WM) – FX Operations team is responsible for the end-to-end lifecycle management of Foreign Exchange (FX) instruments, including Spot, NDF, FX Derivatives, and Interbank Money Market (MM) trades. This function ensures the accurate processing, settlement, and reconciliation of client and bank FX transactions, including specialized products such as Bullion (Gold/Silver) and CLI. The team plays a vital role in managing liquidity and ensuring timely settlement across multiple booking centers (SG, HK, and TW).
Position Purpose
The Controller is responsible for overseeing the integrity of the FX operational workflow and ensuring strict adherence to the bank’s permanent control framework. The role focuses on the supervision of trade processing, the resolution of complex reconciliation breaks (Nostro, Securities, and Inter-departmental), and the management of critical settlement communications.
The Controller acts as a key escalation point for discrepancies, ensuring that all regulatory, compliance, and internal control standards are met to mitigate operational and reputational risk.
Responsibilities
Direct Responsibilities
Supervise the Inputter team to ensure the timely and accurate processing of all FX transactions, ensuring strict compliance with bank procedures, controls, and effective workflow adoption, including during public holidays.
Review daily Start-of-Day (SOD) and End-of-Day (EOD) control reports to identify and mitigate potential operational risks.
Advanced Reconciliation & Break Management: Investigate and resolve complex reconciliation exceptions, including MarginMan and Olympic FX breaks (between WM and CIB), Olympic/AT2/OFS exceptions, suspense items, and WM bridging account breaks.
Lead the timely investigation and resolution of Nostro breaks, outstanding cash items in Intelli
📌 Assistant Manager (Mumbai)
🏢 BNP Paribas
📍 Mumbai