AVP- REBO FXMM OTCD Settlement

Job Title : AVP – FXMM & OTC Derivatives

Department: Markets Operations (FXMMOTCD)

About Business line/Function: The FXMMOTC business line drives the origination, execution and posttrade processing of all overthecounter foreignexchange and moneymarket transactions across the bank's global client base. It delivers endtoend trade lifecycle services—including confirmation, collateral management, DVP settlement and exception handling—while adhering to the highest standards of risk control, regulatory compliance, and operational efficiency. Leveraging a unified technology platform and a worldwide network of clearing partners, the team ensures seamless, timely and secure settlement outcomes that underpin BNPParibas's liquidity and pricing capabilities in the FXMM markets.

Position Purpose

TheFXMM Derivative BackOfficeis responsible for the daytoday settlement of derivative products, Fixed income products and moneymarket instruments. The role combines 25% peoplemanagement with 75% businessasusual operational delivery, ensuring that all trades are processed efficiently, accurately and in line with regulatory and internal policy requirements. Team operates in close collaboration with marketers, sales and other internal function teams (APAC) to offer client-first post trade services.

Responsibilities

Direct Responsibilities

• Ensuring all trades are instructed, matched & settled on a timely basis
• Monitoring of failing trades & updating system with details of reason for fails , Reducing fails and/or potential fails by means of pairing off or offering partial for deliveries
• Cash management related with funding trades
• Knowledge & creation of MT103, MT202 Payment and MTMX Messages.
• Settlement of Repo and Bonds transactions and associated products in a timely and cost effective manner
• Process payments for valuedate and valuedate1; ensure all payments clear.
• Ensure timely processing and approval of corporate/interbank trades.
• Execute trade settlement with onshore/offshore clients.
• Review criticalcontrol reports for manual settlement/processing and perform endofday reconciliations.
• Manage cashfunding related to trade settlements.
• Troubleshoot operational issues and resolve them promptly.
• Assist team members with daily operational requirements.
• Ensure compliance with regulatory requirements, internal policies and procedures.
• Develop and maintain strong relationships with internal stakeholders (traders, sales, risk, etc.).
• Monitor and analyze key performance indicators (KPIs) to identify improvement opportunities and drive operational excellence.
  
  

Contributing Responsibilities

• Support peoplemanagement activities (coaching, performance reviews) for team.
• Participate in continuousimprovement initiatives and processoptimization projects.
• Contribute to knowledgesharing and training sessions within the wider Operations community.
• Liaise with technology teams on system enhancements and automation opportunities.
  
  

Technical & Behavioral Competencies

• Deep knowledge ofFXMM,Fixed Income/Bonds/REPOandOTC Derivativesproducts and settlement processes.
• Proficiency withSWIFTmessaging (MT103, MT202, MTMX) and manual payment creation/authorization.
• Strong understanding ofregulatoryframeworks andriskmanagementprinciples applicable to derivatives and moneymarket trades.
• Ability to performEOD reconciliations, cashmanagement, and controlreport analysis.
• Experience withoperations technology/systems(e.g., settlement platforms, treasury management systems).
• Excellentanalytical & problemsolvingabilities.
• Strongcommunication & interpersonalskills to build relationships with internal and external stakeholders.
• Ability tolead, coach and developa small team in a fastpaced environment.
• Highattention to detailand commitment to accuracy and compliance.
• Resilienceand capability to thrive under pressure and meet tight deadlines.
  
  

Specific Qualifications

• Education:Bachelor's degree in finance, Economics, or a related field (or equivalent).
• Experience:Minimum12yearsof operations experience, with at least5yearsin FXMM and OTC derivatives; proven experience managing teams
• Domain Knowledge:Excellent knowledge of FXMM and OTC derivatives products, processes, and associated regulatory requirements.
• Additional:Experience with operations technology/systems is a plus.
  
  

Technical Skills

Skills Referential (Required Knowledge, Skills & Abilities)

• FXMM settlement processes
• OTC derivatives lifecycle & settlement
• Fixed Income/Bonds/REPO products & process
• SWIFT messaging (MT103, MT202, MTMX)
• Regulatory compliance & risk management
• Endofday reconciliations & cashmanagement
• Operations platforms & automation tools
  
  

Behavioral Skills

• Analytical thinking & problem solving
• Effective communication & stakeholder management
• Leadership, coaching & team development
• High resilience & ability to work under pressure
• Continuousimprovement mindset
  
  

Education Level : Master's Degreeor equivalent

Location : Mumbai/Bangalore, India

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, color, 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.