Assistant Manager - Product Control And Validation EMEA Trade Support - SLAB

About BNP Paribas Group

BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.

About BNP Paribas Solutions Philippines Branch

Established in 2024, BNP Paribas Solutions Philippines Branch is a branch of BNP Paribas Group, a leading bank in Europe with an international reach. We provide support services, back-office operations services related to or which further the accomplishment of the corporation’s investment services, banking transaction processing, and equity investment.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

About Business Line/Function

Global Market Operations, also known as COCE (client operating center of excellence), is further divided into 4 departments i.e. Trade Processing & Support, Product Control, Client Management & Change Management. Product Control in the wider market outside of BNP is Middle Office. Product Control consists of streams like Documentation & Reconciliation, Trade Support, P&L & Trading Portfolio & controls. Product Control teams are in regular contact with Market Front Office, Regional Back Office’s and Regional Finance & other support teams for their BAU.

Position Purpose

The Trade Support team looks after the SBL Middle Office Operations. This position will need to work in partnership with our clients, sales and trading to ensure that trades are allocated, confirmed, and processed in a timely manner. Provide support to our front office equities trading desks and also act as a point of contact for internal front/back-office enquiries.

Responsibilities

Direct Responsibilities

• Help Stock loan and Finance desk for trade support activities like trade rebooking, Recall and returns. Manual call-in of return as per the agreed procedure,
• Monitor, investigate and resolve contract comparison breaks in order to resolve margin disputes in timely manner, prioritize and escalate accordingly.
• Respond to client queries & Front office queries.
• Liaise with trading desk and related stakeholders to escalate any trade or booking issues.
• Build and maintain strong relationship with our front office, Back office and operations areas.
• Utilize problem solving and investigative techniques to trade booking / flow issues.
• Help with project and CTB development as required.
• Maintain sound and harmonious relationship by daily engagement with key internal and external partners (financial institutions & business partners across the world), managing Clients’ expectations.
• Control Environment – focus on control aspect of the role, KRIs/Key Performance Indicators and a full understanding of operational risks.
  
  

• At least 7-10 years related work experience in Investment Banking preferably in Middle Office operations.
• Candidate must have a strong knowledge in IB Equity Operations, essentially in Trade Support functions.
• Must be amenable working in EMEA Shift (4:00 pm – 1:00 pm SGT)
• Understanding and process knowledge of Stock lending and other derivative instruments would be preferable.
• Must have exposure with MS Suite, especially Excel, and the ability to learn multiple programs quickly
• Knowledge of and an interest in the financial markets (derivative product knowledge especially swaps/ FX/ F&O)
• Ability to work under pressure, handle multiple priorities and work as part of a team as well as individually
• Comfortable working across various groups including Sales, Trading, Accounting, Technology & other MO Teams
• Prior Middle Office operational experience is a must.
• Strong control focus and aptitude (both financial and operational).
• Must have a bachelor’s degree in Business Administration, Accounting, or Financial Management. Alternatively, a strong working background related to the requirements of the role.