Position Overview
Associate – Risk and Controls within the Market Operations department (Product Control/COCE). The role is part of the Risk Control group within the V&RC; organization, focusing on monitoring end-of-day and intraday risk limits, ensuring compliance with trader mandates, and managing the escalation and reporting of breaches.

Job Responsibilities
• Risk Control Framework: Contribute to the execution, analysis, and coordination of End-of-day and Intraday Risk Limits and Trader Mandates.
• Breach Management: Investigate, understand, and promptly escalate daily limit and mandate breaches in accordance with global policy; document all findings in daily, weekly, and monthly summary reports and dashboards.
• Stakeholder Interaction: Collaborate with Traders, Front Office management, Risk, Operations, and IT to understand risk computation methodologies and resolve discrepancies between Front Office and Risk systems.
• Mandate Management: Understand mandate characteristics across asset classes, investigate policy breaches,



and coordinate global updates to mandate systems or reconciliation logic.
• Regulatory Compliance: Implement new controls and processes arising from regulatory changes (e.g., Volcker, French Banking Law).
• Permanent Control: Contribute to the broader Permanent Control framework and ensure control exhaustiveness and thorough documentation of changes.

Required Education, Skills and Experience (must have)
• Education: Bachelor or Master Degree in Economics, Mathematics, or Finance.
• Experience: 2+ years of relevant financial industry experience.
• Technical Skills: Solid IT skills including intermediate to advanced Excel, VBA, and PowerPoint.
• Communication: Fluency in English (both oral and written) with the ability to communicate effectively to diverse audiences (Senior management, Trading, IT, Audit, etc.).
• Core Competencies: Strong control-oriented mindset, high attention to detail, and the ability to thrive under tight deadlines an

📌 Associate - Risk Controls - Market Risk (Mumbai)
🏢 BNP Paribas
📍 Mumbai