Job Title: Assistant Manager – Individual Contributor

Department: MFS - OTC

About Business line/Function: MFS OTC Valuation

Position Purpose: Assistant manager will be responsible for managing team and performing daily tasks related to OTC valuation & Booking teams carried out in the MFS department. He/ She will be working closely with off-shore management, Front office, Account managers, external vendors as part of their daily tasks and will report to local management in Chennai. The staff will be working closely with all internal teams, Paris and local management as part of their daily BAU. Good functional understanding of the OTC derivative business along with positive knowledge on OTC products & Booking,Corporate action,Trade Settlement,Trade life cycle, Collateral management is required. "

Responsibilities

Direct Responsibilities

Monitor the emails and ensure that all the trades are booked as per the deadlines
Providing trade notifications to third parties such as fund trustees.
Resolving trade-related exceptions and investigate them until closure.




Liaison with the Counterparties and settling the cash flows
Liaison with the Paris OTC hub team, internal teams to resolve the breaks
Process accurate OTC Valuations / Trade booking on Global basis within given deadlines.
Interact with both internal and external parties to resolve pricing / trade booking issues and queries.
Query resolution in accordance with time frames set out in Client SLA’s.
Handle valuation exceptions/breaks and investigate thoroughly before feeding the prices to downstream teams.
Work with the Vendors and other parties to capture OTC Valuations.
Resolve pricing / trade booking issues in a timely basis.
Ensure all errors/break down of procedure are documented as per BNP Paribas policy.
Should be responsible and ensure that all the allocated trades are completed
Research and identify the cause of the breaks.
Work with appropriate stakeholders to carry on with BAU smoothly
Evidence the cause of

📌 OTC Globe Role (India)
🏢 BNP Paribas
📍 India