Senior Associate

Year    Mumbai, Maharashtra, India

Job Description

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\xe2\x80\x93 Finance Operating Platform (Sr. Associate \xe2\x80\x93 Market Data)
About BNP Paribas Group: BNP Paribas is the European Union\xe2\x80\x99s 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\xe2\x80\x99s 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
About BNP Paribas India Solutions: Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union\xe2\x80\x99s 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.
About Business Line/Function :

FINANCIAL OPERATING PLATFORM :

Strong presence across the globe with a proven track record of delivering quality service, within the expected Turn Around Time (TAT) and with ability to challenge Status Quo and share Best Practices. Core activities includes processing of Vendor invoices, Employee claims, Intercompany Invoicing, Procurements, Vendor/Employee set-up, Accrual Management & Application support.
Job Title: Sr. Associate Date: 09/10/2023 Department: FOP Location: Mumbai Business Line / Function: CIB Reports to: (Direct) Manager Grade: (if applicable) (Functional) Number of Direct Reports: Nil Directorship / Registration: NA

POSITION PURPOSE

Manage, organize and supervise the Market Data Administration Competency Center in India, under the responsibility of MDCC global lead manager Responsibilities

  • Main tasks that will be performed in the Competency Center:

  • Demand management
    Request management
    Inventory management
    Invoice analysis & Accruals/deferrals process

  • Customized reporting
    Vendor reporting requirements
    Budgeting

  • Ensure activities of the Competency Center (CC) are properly handled with an optimal balance between productivity, costs, risk and quality.
    Take responsibility and be responsible for the CC\'s operational process.
    Actively contribute to the preparation, implementation and monitoring of the business strategy and objectives.
Key tasks
  • Ensure that the day-to-day local operations of the CC for which he assumes responsibility.
  • Set and measure priorities within the CC in accordance with MDCC global lead manager.
  • Allocate resources in the most cost-effective manner, based on workload and skills.
  • Resolves operational problems within the limits defined by management and, if necessary, provides timely feedback on problems beyond management\'s control.
  • Report problems, status and propose solutions to MDCC global lead manager.

  • Controls the quality of services provided and the costs and risks associated with CC activities.
  • Process KPI on quality, load and risk to monitor CC\xe2\x80\x99s activities.
  • Take corrective action if problems occur & communicate accordingly.
  • Develop and implement control activities, with regards to Market Data contracts, to control operational and financial risks.
  • Monitor and assume SLA\xe2\x80\x99s responsibility with internal clients.
  • Follow contingency procedures for critical activities within CCs.

  • Ensure the management, motivation, evaluation, training and professional development of staff in order to have the skills required internally.
  • Create, maintain and inspire a dedicated and motivated team.
  • Organize work to enable team members to acquire new skills, starting with the objectives of the Business and the personal skills of those who are directly dependent on it and team members.
  • Promote, within the team, exchanges of views and knowledge regarding projects, architecture, systems & processes.
  • Hold regular team meetings with CC staff to manage their personal expectations. These meetings will be held at least once every month.
  • Use specific development programs to motivate these people and high potential collaborators.
  • Assign a job description to each team member to obtain the most appropriate human resource profiles and allocation.
  • Evaluate teams formally and informally and provide adequate follow-up evaluation.
  • Organize an integration process for new team members.

  • Communicate upstream and downstream with appropriate messages.
  • Regular reporting on the BAU tasks to the MDCC global lead manager.
  • Communicate important communications from team members to the hierarchy.
  • Structure the communication channel for team members, communicating objectives, strategies and decisions in a systematic and clear manner.
  • Organize communication with the project partners, planning of development progression capacities.

TECHNICAL & BEHAVIORAL COMPETENCIES


  • 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 \xe2\x80\x93 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 \xe2\x80\x93 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.
Technical competencies

  • Market Data, Administration or Finance & Accounting background.
    Project Management \xe2\x80\x93 previous experience in being part of large and/or diverse projects.
    Market, product & business \xe2\x80\x93Is genuinely interested in financial markets and continually learning and staying abreast of new developments.
    Powerpoint / Excel skills \xe2\x80\x93 very proficient in use of such tools.
    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 \xe2\x80\x93 previous experience in being part of large and/or diverse projects.
    Market, product & business \xe2\x80\x93Is genuinely interested in financial markets and continually learning and staying abreast of new developments.
    Powerpoint / Excel skills \xe2\x80\x93 very proficient in use of such tools.
    Knowledge of Calero MDSL third party cost management software (MDM) or equivalent tool would be a plus.
Core Competencies Client focus \xe2\x80\x93 sees stakeholders as well as internal clients as \xe2\x80\x9ccustomers\xe2\x80\x9d.

  • Drive for results \xe2\x80\x93 delivers high quality work.
    Corporate role model, integrity & ethics \xe2\x80\x93 Acts with discipline and high ethical standards.
    Team player & cross-cultural awareness \xe2\x80\x93 works effectively in a team. Communicates and shares information and solutions with colleagues, with other teams and stakeholders.
Specific Qualifications (if required) : Master\xe2\x80\x99s Degree in Business Administration Experience Level: At least 3 years Other Qualifications:

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Job Detail

  • Job Id
    JD3263516
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year