Assistant Vice President – OTC Derivatives

May 31, 2023

Assistant Vice President – OTC Derivatives

ReferenceMO 001676

  • Standard / Permanent
  • IN-TN-Chennai
Apply for this job

Job Description – AVP, OTC Derivatives

Job Title:








Business Line / Function:


Reports to:


Head of OTC Derivatives


(if applicable)


Number of Direct Reports:

 2 to 3 Managers/AM’s

Directorship / Registration:


Position Purpose

Manage the Trade Processing including trade capture, settlement and valuation for BNP Paribas. Assist to expand the team as the business in Chennai grows.


  • Manage Transaction management operations team with trade capture, settlements and Valuation.
  • Assist Head of Department to expand the team as the business in Chennai grows.
  • Interact with both internal and external parties to resolve the escalated queries.
  • Will be required to take a lead role in project work, where the team takes on new funds and clients on a regular basis
  • He / She will be expected to manage the functions on a day to day basis, in conjunction with the Team Managers
  • Solid technical understanding of the OTC Derivatives lifecycle management is expected, including strong knowledge on transaction management.
  • Demonstrated commitment to continuous process improvement is required.
  • Must be a hands individual
  • Will be required to interact on a regular basis with other BP2S offices in Europe and Asia


Direct Responsibilities

  • Ensure that, client issues/concerns are addressed and resolved with in the agreed timelines.
  • Ensure high level of communication network is established will all the departments within the business group.
  • Ensure high level of service has been delivered to the Clients of BNP Paribas Group.
  • Prioritize the work and conduct investigation with due diligence on all the discrepancies.
  • Manage staff to take corrective measures/actions.
  • Ensure procedures are in place to effectively deal with exceptions and that they are reviewed, researched, documented and resolved in a timely manner.
  • Delegating the tasks to the assistant managers and other team members.
  • Ensure all the necessary training is been provided to the team members to perform the relevant tasks. 
  • Ensure that, the Back-up management tool is in place for all teams.
  • Ensure all the deliverables of the process are met and maintained as per the service agreement.
  • Participate in Cross Training and ensure the Knowledge transfer between the team and processes is happening on periodic basis.
  • Consistently evaluate and update documented procedures to ensure they are complete, accurate and current.
  • Preparation of Key/Standard Operating Procedures for each process migrated to Chennai Hub.
  • Ensure all the KOP/SOP are got approved and signed between the locations and been uploaded to BNP intranet site.
  • Collating the data from all the applications and providing valuable inputs to Senior Management.
  • Consistently evaluate and update documented procedures to ensure they are complete, accurate and current and should acts as an owner of all the process documents of the Hub.
  • Carry out regular staff appraisals and evaluations.
  • Manage Risk, Escalation protocol and work closely with Risk/ORC teams. Remediation measures for identified risk.
  • Manage staff, Performance management. Succession planning.
  • Documentation – Compliance on documentation requirements for Business.

Key Requirements

  • Excellent communication. Strong verbal and written English Communication Skills
  • Ability Manage Big team. Work under pressure.
  • Detail orientation, service commitment, and solid organizational and interpersonal skills.
  • Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines.
  • Strong awareness of Risk & Control.
  • Flexibility to meet Business/BCP and ERS requirement.
  • Must be able manage team activities and when required also be involved in project work for the migration of new funds and clients.
  • Integrity, trust & fairness

§  Client Focus:

§  Leadership & influence   

Technical & Behavioral Competencies

§  Integrity, Ethics and Values

§  Collaboration and Partnering

§  Ability to review data and scenarios and make good decisions in a timely fashion

§  High energy levels, communication skills, team work and persuasiveness

§  Confident and self-motivated

Specific Qualifications (if required)


Skills Referential                                       

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Ability to deliver / Results driven

Client focused

Ability to synthetize / simplify

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Ability to develop others & improve their skills

Analytical Ability

Ability to inspire others & generate people’s commitment

Ability to manage / facilitate a meeting, seminar, committee, training…

Education Level:

Master Degree or equivalent

Experience Level

At least 10 years

Other/Specific Qualifications (if required)


Offers you may be interested in