Associate - Market Data

Role & responsibilities:

Work as Market Data Administrator under the responsibility of Market Data Administration Competency Center India

Direct Responsibilities

1. Invoice analysis.

• Check all the market data invoices with the conditions of the contracts via the MDM database using the AIP module.
• Follow-up with suppliers and finance on unpaid invoices.
• Manage finance tool to ensure invoices are booked and is redirected to the correct approval workflow to have it paid.
• Providing allocation key to finance.

1. Accruals/deferrals process.

• Accruals/deferrals process imposed by Finance for market data respecting the strict deadlines.
• Provide a quarterly report to Finance with a split of the market data costs towards the different cost centers.

1. Inventory management.

• Maintain the MDM database with the most up to date user lists and contracts based on the input received from the business, the Global Market Data Procurement team, the market data exchange team or from the market data suppliers.
• The goal is to have a global inventory system that provides a view on the total market data cost of the BNP Paribas Group.

1. Request management.

• Manage all requests for market data’ accesses and indices, site-fee based licenses, etc
• Respecting Business cost approval procedures & using RPM.

1. Vendor Reporting -

• To do the usage reporting of concerned exchanges used by the bank.

Contributing Responsibilities

Technical & Behavioral Competencies

• Market, product & business –Is genuinely interested in financial markets and continually learning and staying abreast of new developments.
• Knowledge of Calero MDSL third party cost management software (MDM) or equivalent tool would be a plus.
• Market Data, Administration or Finance & Accounting background.
• Project Management – previous experience in being part of large and/or diverse projects.
• Market, product & business –Is genuinely interested in financial markets and continually learning and staying abreast of new developments.
• Powerpoint / Excel skills – very proficient in use of such tools.
• Knowledge of Calero MDSL third party cost management software (MDM) or equivalent tool would be a plus.
• Excellent academic background to at least degree level.
• Strong team management experience.
• Good Knowledge and understanding of the finance systems and invoices process.
• Results driven & detail-orientated - delivers high quality, and high impact work.
• Strong organizational skills – ability to multitask and prioritize based on potential impact.
• Capacity to analyze issues, prioritize based on potential impact, synthesize findings and communicate them in an effective manner; ability to rapidly propose solutions to solve them.
• Excellent interpersonal skills – ability to liaise in a professional manner with all levels of staff / management.
• Flexible, enthusiastic and hands-on approach.
• Proven ability to work autonomously.
• Languages: Hindi, English. French will be a real advantage.