Job Title: Associate

Department: MFS - OTC

About Business line/Function: MFS OTC – REGULATORY REPORTING (TR)

Position Purpose: Associates will be responsible for performing daily tasks related to reporting of OTC derivatives transactions, Valuation and Collateral to DTCC for various regulations. The staff will be working closely with all internal teams, Paris and local management, as part of their daily BAU. Candidate with good functional understanding of the OTC derivative business along with basic knowledge on OTC products & regulatory requirements is required.

Responsibilities

Direct Responsibilities

Trade Repository

Ensured that OTC + FX trades, Valuation and Collateral are reported to Trade Repository (DTCC).
All Nacks/Rejection are actioned and resubmitted to DTCC.
Reconcile the DTCC position with Client position to ensure that all positions are in line.

Contributing Responsibilities

Escalating exceptions to appropriate processing team for resolution.
Reporting of exceptions in line with internal control and external client requirements.




Contributing to team success. If needed by processing the activities as well.

Technical & Behavioral Competencies

Thorough understanding of all Capital & Derivatives market, financial instruments, Investment banking process and above average accounting skills.
Good verbal and written communication.
Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills
Ability to work independently, as well as in a team workplace, prioritizes multiple tasks and meets strict deadlines.
Proficient in Microsoft office applications and strong MS Excel skills required.
Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines

Specific Qualifications: N/A

Technical Skills

Skills Referential (Required knowledge, skills and abilities)

Familiarity with Back Office Operations, Processes and systems
Familiarity with Comp

📌 Associate - OTC TR (India)
🏢 BNP Paribas
📍 India