About Business line/Function: The FX MM OTC business line drives the origination, execution and post-trade processing of all over-the-counter foreign-exchange and money-market transactions across the bank’s global client base. It delivers end-to-end trade lifecycle services—including confirmation, collateral management, DVP settlement and exception handling—while adhering to the highest standards of risk control, regulatory compliance, and operational efficiency. Leveraging a unified technology platform and a worldwide network of clearing partners, the team ensures seamless, timely and secure settlement outcomes that underpin BNP Paribas’s liquidity and pricing capabilities in the FX-MM markets.
Position Purpose
The officer will be a part of the confirmation drafting team for Foreign Exchange, Money Market, Equity Derivatives, Credit and Interest Rate Derivatives.
Responsibilities
Direct Responsibilities
The Drafting team is responsible for ensuring that all BNP Paribas confirmations are Dispatched to clients i.e Interbank and Corporate Clients. The team covers a wide range of products traded by the Trading desks such as Vanilla products and the more complex Structured trades.
The Drafting team is also responsible for performing final verification of the trade economics before dispatching the final confirmations to counterparts.
The team works closely with other Trade Processing teams, legal teams and Front Office to ensure timely communication for any booking discrepancies, template issues and outstanding confirmations.
Also, in the light of EMIR regulation and risk reduction, the target is to match all confirmations within one day and globally to reduce the outstanding confirmations delay.
Confirmation Drafting/Execution responsibilities:
To draft confirmations with counterparts for wide range of Products including Foreign Exchange, Money Market, Equity Derivatives,