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 FXMM Derivatives Back-Office is responsible for the end-to-end settlement of derivative and money-market trades. The team works closely with marketers, sales, and other internal functions (APAC & EMEA) to deliver “client-first” post-trade services. It ensures that all settlement controls,
position processes and regulatory requirements are applied consistently, accurately and efficiently.
Responsibilities
Direct Responsibilities
- Process value‑date and value‑date‑1 payments; ensure clearing.
- Create manual SWIFT payments (MT103, MT202, MTMX).
- Approve and process corporate / inter‑bank trades timely.
- Execute cash settlement with on‑shore / off‑shore clients.
- Manage cash‑funding activities related to trades.
- Perform end‑of‑day (EOD) reconciliations.
- Troubleshoot operational issues and resolve them promptly.
- Ensure compliance with regulatory requirements, internal policies and procedures.
Contributing Responsibilities
- Continuous review of processes & controls to maintain high‑level risk management.
- Report system failures to the relevant IT development team.
- Enrich the investigation / settlement tools with relevant data.
- Support Finance on sensit
📌 FXMM OTCD (Bengaluru)
🏢 BNP Paribas
📍 Bengaluru
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