Associate - WM SCS Equity Option Derivatives

Job Title: Inputter / Analyst (Associate)

Department: Wealth Management – Operations (Equity Option Derivatives)

About Business Line/Function

The Wealth Management (WM) – Derivatives Operations team is responsible for the end-to-end lifecycle management of Equity Derivatives. This includes processing complex trade types such as OTC Equity, Bonds, Index, Listed, and Exotic Options, as well as Swaps. The function is critical in ensuring trade accuracy, regulatory compliance, and seamless settlement processes to support the bank's trading activities and client requirements.

Position Purpose

The Inputter / Analyst is responsible for the precise entry, matching, and validation of derivative trade data. The role focuses on maintaining the accuracy of trade lifecycle events, ensuring that all transactions are correctly reflected in bank and client accounts. The Analyst provides essential support to the operational control framework by verifying confirmations, managing master databases, and assisting in the resolution of reconciliation breaks to mitigate operational risk.

Responsibilities

Direct Responsibilities

• Perform the accurate and timely processing of OTC Equity, Bond, Index, Listed, and Exotic Options, as well as Swap trades, ensuring seamless continuity even during public holidays.
• Match, sort, and verify trade confirmations against daily trader blotters and confirmations received from Relationship Managers (RM) or Management Assistants (MA).
• Ensure all trades are updated promptly and accurately within both bank and client accounts to maintain real-time position accuracy.
• Review Transaction Supplements (TS) and long-form confirmations from counterparties; proactively monitor and follow up on any outstanding or non-received documentation.
• Prepare manual confirmations for clients to ensure transparency and service excellence.
• Systematically update and maintain the Master Database, specifically tracking new inceptions, maturities, and the receipt/acknowledgment dates of option confirmations for Swaps, Listed Options, and OTC trades.
• Investigate and assist in the resolution of cash and option position reconciliation breaks, including the follow-up on necessary interest claims.
• Ensure all spread charges adhere to the monetary limits stipulated in the Disclosure of Sales Related Information and escalate any inconsistent charges.
• Ensure formal management approval is obtained for all special waivers and maintain the accuracy of the waiver tracking file.
• Liaise with dealers, counterparties, and the Front Office to identify and resolve trade discrepancies efficiently.
• Promptly inform Management of any error trades and assist in monitoring the formal receipt of incident reports.
• Act as a responsive point of contact for queries from the Front Office, Advisory Desks, and counterparties to ensure smooth functional operations.
  
  

Technical & Behavioral Competencies

• Contribute to the implementation of operational permanent control policies and procedures in day-to-day business activities.
• Participate in User Acceptance Testing (UAT) for system enhancements and support ad hoc projects as required by management.
• Ensure all procedures, internal control measures, and regulatory requirements are strictly always adhered to.
  
  

Specific Qualifications

• Minimum 3–5 years of experience in Derivatives Operations or a related middle-office role.
• Bachelor's degree in finance, Economics, Management, or a related field.
• Prior experience in Equity Derivatives or OTC markets is highly preferred.
  
  

Technical Skills

• Foundational knowledge of Equity, Bond, and Derivative products (Options/Swaps).
• Proficiency in trade data entry, matching, and lifecycle management.
• Familiarity with reconciliation processes and trade confirmation workflows.
  
  

Behavioral Skills

• Exceptional attention to detail and a high degree of accuracy in data entry.
• Strong communication skills for effective liaison with internal and external stakeholders.
• A disciplined and proactive approach to following control procedures.
  
  

Education Level: Bachelor's degree or equivalent

Location: Mumbai

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 specialized 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.

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 24x7 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.

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. 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.