Associate, BOND Trade Support

About the Role

BNP Paribas India Solutions is seeking an Associate for their Trade Support Bonds - AMER team within Global Market Operations (COCE). This department is responsible for operational support across various financial market activities.

Position Purpose

The Associate will be responsible for providing efficient and controlled operational support for Bonds/MBS and Repo activities. This is a critical role involving significant interaction with sales/trading and clients in the US. The team provides coverage within the US time zone and is responsible for managing the Bond Trade Support team, developing personnel, and exhibiting strong leadership. The position is fully accountable for Bond Trade Support.

Key Responsibilities

• Contribute directly to BNP Paribas' operational permanent control framework.
• Minimize operational failures and the risk of fraud by devising and implementing regular controls.
• Ensure appropriate escalation of identified issues to management and/or permanent control/compliance.
• Comply with internal and external regulatory and compliance requirements.
• Adhere to BNPP standards of Code of Conduct and IT Security policies.
• Execute Anti-Money Laundering / Financial Sanctions (AML/FS) related duties, including adherence to Group Policies and operational controls, and prompt escalation of any resulting hits for analysis.
• Provide direct assistance and support to Asia-based marketers and traders in Asia Pacific concerning bond and repo products.
• Follow up on trade or settlement detail discrepancies for trades in Asia Pacific.
• Reconcile trades between front office pre-confirmations, external clients, and deal capture systems.
• Monitor and undertake trade exceptions processing.
• Ensure prompt and accurate setup and update of client SSIs (Standard Settlement Instructions).
• Assist various back/middle offices with general queries.
• Assist clients with queries.
• Collect, maintain, and update clients' SSIs and confirmation details.
• Manage direct relationships with front office and back-office colleagues.
• Build and maintain strong relationships with global stakeholders across Front, Back, and Middle Office teams.
• Foster strong working relationships with local management.

Requirements & Tech Stack

• IB Bond Operations experience, particularly in Trade Support functions.
• Proficiency with MS Suite, especially Excel.
• Ability to learn multiple programs quickly.
• Knowledge of and interest in financial markets.
• Ability to work under pressure, manage multiple priorities, and collaborate within a team as well as independently.
• Comfortable working across various groups including Sales, Trading, Accounting, Technology, and other MO Teams.
• Prior Middle Office or operational experience is a must.
• Strong control focus and aptitude (financial and operational).

Transversal Skills

• Analytical Ability
• Ability to understand, explain, and support change.
• Ability to develop and adapt a process.
• Ability to develop and leverage networks.
• Ability to anticipate business/strategic evolution.

Behavioral Skills

• Ability to collaborate/Teamwork
• Decision Making
• Critical thinking
• Ability to share/Pass on Knowledge

Qualifications

• Bachelor Degree or equivalent.