Associate / Associate Level 1 – Referential

February 27, 2024

Associate / Associate Level 1 – Referential


  • Standard / Permanent
  • IN-MH-Mumbai
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Job Description

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability

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. It covers Front Office activities such as ALM/Treasury and Fixed Income local booking. GMO consists Control and Investigations, Settlement and Confirmations. GMO teams are also in regular contact with Capital Market Middle Office, Regional Back Office’s and Regional Finance. Instrument Referential belongs to CIB ITO GM Settlement & Accounting Instrument Referential organization and is in charge of Equities and Derivatives product creation and static/market Data monitoring.

Job Title:

Associate / Associate Level 1




COCE Trade Processing & Support



Business Line / Function:

COCE Trade Processing & Support

Reports to:




(if applicable)



Number of Direct Reports:


Directorship / Registration:


Position Purpose

Instrument Referential department is responsible for Fixed Income products set up in Global Market systems, lifecycle update and Data Quality. The team covers 8am to 6pm London Time. Our main sources are Bloomberg for static data internal Term sheets. Clients of the team are 100% internal (Trading, Sales, Structuring, Trade Support, P&L, Risk, Settlement, Accounting, IT)


Direct Responsibilities

·       Configuration of Instruments ; Fixed income bonds, Credit Curves, futures and options contracts, Convertible Bonds and Warrants in FI systems (FO to Accounting) requested for the needs of Trading teams

·       Control Static data and life cycle of Instruments. Process Daily code changes following Corporate Actions

·       Control Market data daily feed (quality and consistency). This data is used to generate the P&L and to price products.

·       Issuers (linked to Bonds) creation request in BNP system.

·       Reporting accounting and regulatory participation

Contributing Responsibilities

·       Apply control and escalation procedures on breaks between different systems

·       Respect any timeline and deadline cutoffs

·       Facilitate the integration of new activities and migrations of IT systems

·       Ensure the consistency of the Referential between all the sites

·       Participate in the industrialization of feed (Static and Market Data)

·       Contribute to the improvement and completeness of daily and monthly checks

·       Keep on documenting all procedures in place to stick market and process evolutions.

·       Contribute in all control plan protocols according local operational risk policies.

·       Contribute in precision and accuracy of activity metrics and escalate any relevant problems or success to management on a continuous basis.

Technical & Behavioral Competencies

·       Teamwork‐ Knows how to work in a team and/or across teams, regardless of the type of collaboration (face‐ to face in a group, remote, real‐ time, etc.), acts bearing common interests and respect for fellow team members in mind.

·       Analytical Skills ‐ Identifies all aspects of a subject and examines them in a critical way to construct a broad point of view. Is driven by the desire to know more about things, people or events.

·       Organizational Skills‐ Sets priorities, plans actions and methodically monitors their progress by coordinating activities and resources in the best way possible.

·       Communication skills ‐ Expresses messages, both orally and in writing, in an effective, organized way, which is appropriate to the audience being addressed.

·       Act with Integrity ‐ Acts ethically, in compliance with what is said and while respecting the company’s values and rules.

·       Building effective relationship ‐ Seeks and maintains contacts and good relations inside and/or outside the company, face‐ to‐ face and remotely, which can be useful both in the short and long term

·       Strong Preference to have Bachelor or Master Degree on Economics, Mathematics or Finance.

·       Strong Treasury (Rate / Bonds) & Equity derivatives products & operations process knowledge.

·       Strong Preference to have MS skills (VBA, Excel, and Access) would be a significant plus.

Specific Qualifications (if required)

·       2-5 years working experience in relevant areas (Operations)

·       Bachelor or Master Degree on Banking & Finance / Economics / Mathematics

·       Knowledge in Financial Products, Knowledge in Front to Back workflow and the product event management would be a significant plus.

Skills Referential

Behavioural Skills:

Ability to collaborate / Teamwork

Ability to deliver / Results driven

Decision Making

Communication skills – oral & written

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

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 2 years

Other/Specific Qualifications (if required)


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