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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.
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
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:
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:
Assistant Manager
Date:
17/07/2026
Department:
CIB Indus
Location:
Mumbai
Business Line / Function:
CIB
Reports to:
(Direct)
AVP
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose:
The 3rd Party Data Licensing Administrator ensures that all market‑data licences from exchanges and regulated benchmarks (e.g. site /access fee licences, non-display licences…) are correctly subscribed, documented and billed in alignment with BNP Paribas policies and the contractual terms set by each exchange. The role sits within the Market Data Administration Competency Center (MDCC) and works closely with Central Market Data Exchange team, and the respective exchange liaison teams when necessary.
· Exchange Licence lifecycle management – from request intake, subscription review, and approval routing to renewal, compliance monitoring, and termination.
· Financial stewardship – analyse licence invoices, validate fees against exchange contracts, and drive accurate cost allocation across cost centres.
· Inventory & data‑quality governance – responsible to make sure that the Market Data Management (MDM) system is updated with every exchange licence, its allocation key, expiry dates, and usage rights.
· Stakeholder coordination – act as the primary point of contact for internal central Exchange Market Data team, external exchanges, and regulated benchmark administrators for all licence‑related matters.
· Operational excellence – contribute to the overall performance of the MDCC India hub by meeting SLAs, producing regular KPI reports, and supporting continuous‑improvement initiatives.
• Be SPOC within the MDCC team for the 3rd Party Licensing topics
• Resolve queries raised by Market Data Admin team related to discrepancies on exchange invoices
• Flag discrepancies (rate changes, missing fees, duplicate invoices) and drive corrective actions with suppliers and Finance.
• Continuously making sure the MDM repository update with the latest licence lists, contract terms, termination dates, and usage limits.
• Maintain a global view of the global exchange‑licence cost for the BNP Paribas Group.
• Receive, qualify, and route all internal licence requests (new non-display licences, renewals, terminations, site‑fee licences,).
• Verify that each request complies with Business Cost‑Approval procedures and is processed through the appropriate channel.
• Track NDU licence reporting; initiate renewal processes 30‑60 days in advance.
• Verify that usage remains within the contractual scope (e.g., number of applications, geographic limits, data‑type restrictions).
• Produce regular operational dashboards for the MDCC India Lead.
• Communicate status, escalations, and upcoming renewal actions to senior management and central exchange market data contacts.
• Identify bottlenecks in the licensing workflow, propose automation or tooling upgrades, and support implementation of best‑practice procedures.
Minimum 3‑year university degree (Finance, Business Administration, Accounting, or related).
Strong understanding of invoice validation, accruals, and cost‑allocation processes.
Ability to triage issues, quantify impact, and propose practical solutions quickly.
Proven capacity to juggle multiple licences, deadlines, and stakeholder requests simultaneously.
Clear written and verbal communication; capable of influencing across seniority levels.
Fluent in English; French is a distinct advantage.
Detail‑oriented, results‑driven, self‑starter, flexible, and enthusiastic about continuous learning.
Direct experience managing exchange licences (e.g., NYSE, LSE, CME, Euronext) and related contracts.
Hands‑on experience with Calero MDSL, or comparable cost‑management platforms will be an advantage
Advanced Excel (pivot tables, macros, Power Query) and PowerPoint for reporting and presentations. Knowledge of PowerBI would be a plus.
Understanding of data‑usage regulations (MiFID II, GDPR, exchange‑specific licensing rules) is appreciable
Specific Qualifications (if required)
Master’s Degree in Business Administration
Behavioural Skills: (Please select up to 4 skills)
Critical thinking
Attention to detail / rigor
Ability to collaborate / Teamwork
Creativity & Innovation / Problem solving
Transversal Skills: (Please select up to 5 skills)
Ability to develop and adapt a process
Ability to understand, explain and support change
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Education Level:
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Other/Specific Qualifications (if required)
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-5 Years years of relevant experience expected for this role.
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a AM - Exchange Management - Market Data at BNP Paribas.
This role requires around 0-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
You can apply directly using the Apply Now button on this page, which will take you to BNP Paribas's application process for this role.