Job Title : AVP – FXMM & OTC Derivatives

Department: Markets Operations ( FXMM‑OTCD)

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 Derivative Back‑Office is responsible for the day‑to‑day settlement of derivative products, Fixed income products and money‑market instruments. The role combines 25 % people‑management with 75 % “business‑as‑usual” operational delivery,



ensuring that all trades are processed efficiently, accurately and in line with regulatory and internal policy requirements. Team operates in close collaboration with marketers, sales and other internal function teams (APAC) to offer client-first post trade services.

Responsibilities

Direct Responsibilities

• Ensuring all trades are instructed, matched & settled on a timely basis
• Monitoring of failing trades & updating system with details of reason for fails , Reducing fails and/or potential fails by means of pairing off or offering partial for deliveries
• Cash management related with funding trades
• Knowledge & creation of MT103, MT202 Payment and MTMX Messages.
• Settlement of Repo and Bonds transactions and associated products in a timely and cost effective manner
• Process payments for value‑date and value‑date ‑ 1; ensure all payments explicit.
• Ensure timely processing and approval of corporate/inter‑bank trades.
• Exe

📌 AVP- REBO FXMM OTCD Settlement (Mumbai)
🏢 BNP Paribas
📍 Mumbai