Job Title: AVP – Collateral Management

Department: Collateral Management, Market Operations, ISPL

About Business Line/Function

The Collateral Management Group compares the Net Present Value of the portfolio of trades between BNP Paribas and its counterparties on a daily (or as specified) basis and ensure that this exposure is sufficiently collateralized.

Position Purpose

The process requires comparison of exposures with the value of the assets pledged, in accordance with the parameters specified in the legal agreement. Changes in exposure will generate changes in collateral balance. The collateral teams will call for or post additional collateral. This daily margin call process ensures that the Bank is covered in terms of excessive credit risk exposure.

Responsibilities

Direct Responsibilities

Monitoring daily margin call process front to back for specified clients.
Monitoring Margin Call issuance and chasing clients for unanswered margin calls.
Investigating on disputed calls and liaising with client, MO and legal on various aspects of disputed margin calls.




Following up with analysts on failed/missed payments.
Investigating with settlements team on all bonds that have not settled in the market.
Working on Substitution requests sent by clients/traders.
Ensuring monthly interest is booked by the team for all clients.
Assisting the team on investigation on Interest discrepancies.
Review control report to ensure effective break, fails and exception management.
Presenting findings to the managements during meetings.
Creating and maintaining KPIs and also perform quality checks.

Contributing Responsibilities

Point of escalation for client queries, trade breaks and fails resolution.
Work closely with other managers in Collateral Operations to perform effective capacity management.
Working on developing and implementing current controls / processes based on Business/ Risk / Industry evolution to better support the risk management needs of BNPP.

Technical & Behavior

📌 AVP - Collateral Management (Mumbai)
🏢 BNP Paribas
📍 Mumbai