Associate - Collateral Management 3CM (Mumbai)

Associate - Collateral Management 3CM (Mumbai)

13 Aug
|
BNP Paribas
|
Mumbai

13 Aug

BNP Paribas

Mumbai

Job Title: Associate

Date

2024

Department

COCE Trade Processing & Support

Location:

Mumbai

Business Line / Function

COCE Trade Processing & Support – Collateral Management 3CM

Reports To

(Direct)

Direct manager

Grade

(if applicable)

NA

(Functional)

Number Of Direct Reports

NA

Directorship / Registration

NA

About Business Line/Function

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. It covers Front Office activities such as ALM/Treasury and Fixed Income local booking. GMO consists of various streams, Control and Investigations, Settlement, Collateral and Reconciliation. GMO teams are also in regular contact with Capital Market Middle Office, Regional Back Office’s and Regional Finance.

Position Purpose

To support the operational implementation of current collateral agreements managed by the Collateral team, both for repos and derivatives.

Responsibilities

Direct Responsibilities:





Responsible for the full front to back daily margin call process for specific clients:

I. Performing Data Quality analysis prior to issuing margin calls.

II. Margin Call Preparation - Netting Cash Flows / Rolling Interest.

III. Margin Call issuance.

IV. Booking of eligible Credit Support and fails management.

V. Substitutions of Collateral with both CCP and Client.

VI. Client Reporting

VII. Monthly interest settlements.

VIII. ISDA/CSA setup knowledge

Technical & Behavioral Competencies

Not less than 5 years of experience

Skills / Competencies

IT architecture & Operations
Continuous Improvement Achievements
Organization agility & optimization
Operational Risk & Control awareness
Asia regional focus; experience with cross platform / process project 6. External Customer & Service Focus
Takes initiative & is results driven
Decision capabilities
Excellent Interpersonal & Communication skills
Ability to

📌 Associate - Collateral Management 3CM (Mumbai)
🏢 BNP Paribas
📍 Mumbai

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