Job Title: Assistant Manager - FXMM OTCD Control & Invesitigation

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 Derivatives Back Office Settlement department is operating on behalf of BNPP Paris for Interest Rate and Credit Derivatives & BNPP London.

The investigation team is in charge of the payment break resolutions with external,



internal clients and works closely with the different Front Offices and Middle offices within the group.

The team is subdivided into two parts – the first one is monitoring Interbank & Corporate clients while the second one is in charge of Institutional clients.

Responsibilities

Mains tasks are :

• Nostro break account management, data recording
• Investigation files to be recorded in the management tool
• Break investigations with the Documentation, booking rules & coupon calculations
• Risk assessment
• Investigation tool enrichments
• Payment Accounting adjustments
• Sensitive accounts follow-up with Finance
• Generic email box management for incoming emails
• Cash flows reconciliation before the Credit Roll payment process (quarterly)
• CLS / DTCC management: daily follow-up – pre-matching – Break resolution.
• System failures to be reported to the relevant IT development team
• Continuous review of processes and c

📌 Assistant Manager (Mumbai)
🏢 BNP Paribas
📍 Mumbai