Job Title: Controller (Assistant Manager)

Department: Wealth Management – Operations (Equity Option Derivatives)

About Business Line/Function

The Wealth Management (WM) – Derivatives Operations team is responsible for the end-to-end lifecycle management of Equity Derivatives. This includes processing complex trade types such as OTC Equity, Bonds, Index, Listed, and Exotic Options, as well as Swaps. The function is critical in ensuring trade accuracy, regulatory compliance, and seamless settlement processes to support the bank’s trading activities and client requirements.

Position Purpose: The Controller is responsible for the accurate processing and lifecycle management of derivative instruments. The role focuses on maintaining the integrity of bank and client positions, ensuring strict adherence to the operational permanent control framework, and managing the reconciliation of cash and securities. The Controller acts as a key liaison between dealers, counterparties, and the Front Office to resolve discrepancies and mitigate operational risk.

Responsibilities





Direct Responsibilities

Execute the accurate and timely processing of OTC Equity, Bond, Index, Listed, and Exotic Options and Swap trades, ensuring continuity during public holidays.
Maintain and update trade data in the Olympic system to ensure both bank and client positions are accurately reflected.
Verify and authorize cash settlement instructions to Nostro banks, ensuring timely settlement and managing all related cash outflows.
Liaise actively with dealers, counterparties, and the Front Office to identify and resolve trade discrepancies promptly.
Review, sign, and manage transaction supplements, counterparty confirmations, and manual client advice; proactively monitor and follow up on non-receipt of confirmations.
Investigate and resolve Nostro and securities reconciliation breaks, including the pursuit of necessary interest claims.
Strictly adhere to internal procedures, control measures, and regul

📌 Assistant Manager (Mumbai)
🏢 BNP Paribas
📍 Mumbai