Assistant Manager (Accounting Control)

Job Description

Job Title: - AM -FXMM OTC Derivatives (Accounting control)

Department: Markets Operations ( FXMM‑OTCD)

About Business line/Function: The FX MM OTC business line drives the origination, execution and post‑trade processing of all over‑the‑counter foreign‑exchange and money‑market transactions throughout the bank’s global client base. It delivers end‑to‑end trade lifecycle services—among them confirmation, collateral management, DVP settlement and exception handling—while adhering to the highest standards of risk control, regulatory compliance, and operational productivity. Drawing on a unified technology platform and a worldwide network of clearing partners, the team ensures seamless, timely and secure settlement outcomes that underpin BNP Paribas’s liquidity and pricing capabilities in the FX‑MM markets.

Position Purpose: The FXMM Derivative Back Office is tasked with the day-to-day settlement for Derivative products, Fixed Income products and Money Market. The Accounting Control and Investigation Officer is in charge of guaranteeing accounting reconciliations between transaction system data and accounting system.

We are looking for a highly motivated and experienced FXMM & OTC Derivatives/Bonds Associate to join our BNP Operations team. In this job, you will be tasked with 100% BAU working day-to-day operations of our Accounting Control business.

Practical understanding and thorough understanding of a range of types of financial instruments (equities, bonds, ETD/OTC derivatives, corporate actions) are required.

Responsibilities

Direct Responsibilities

·  Justify breads between System Operation(SO) and accounting.

·  Contribute to the resolution of SO data anomalies.

·  Resolving accounting anomalies generated by SO.

·  Investigations and reporting on ITO demands.

·  Communicating with, and assisting, other operational departments where needed.

·  Reporting and communication to the impacted stakeholders and management, taking into account the local specificities and in a proactive way.

Contributing Responsibilities

• Participate in continuous‑improvement initiatives (process automation, control enhancements).

• Support onboarding and grasp‑transfer within team.

Technical & Behavioral Competencies

• Good understanding of regulatory frameworks

• Advanced Excel / data‑analysis abilities.

• Solid analytical & problem‑solving mindset.

• Outstanding communication & interpersonal abilities.

• Capacity to work under pressure in a fast‑paced environment.

• High attention to detail and ownership of end‑to‑end processes.

Specific Qualifications:

·  Bachelor’s degree in Finance, Economics or related field.

·  Minimum 4 years in operations; at least 2 years in FXMM & OTC‑Derivatives.

·  Robust understanding of regulatory criteria and risk management principles

·  Strong analytical and problem-solving competencies

·  Sound communication and interpersonal capabilities, with the aptitude to create relationships with internal and external stakeholders.

·  Capacity to work in a fast-paced, high-pressure environment.

·  Fair know-how of Fixed Income/Repo/Securities Lending,FXMM and OTC derivatives products & processes.

Abilities Referential (Required understanding, competencies and abilities)

Technical Abilities:

·  Capacity to understand, explain and support change

·  Aptitude to shape and adapt to a process

·  Analytical Ability

Behavioral Capabilities:

·  Aptitude to collaborate / Teamwork

·  Organizational abilities

·  Adaptability

·  Communication capabilities - oral & written

Education Level: Bachelor Degree or equivalent

Location: Mumbai/Bangalore, India. 

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and core player in international banking. It operates in 65 countries and has nearly 185,000 employees, among them more than 145,000 in Europe. The Group has main positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses covering BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional client organisations. Based on its solid diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional client organisations) 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 throughout several Mediterranean countries, Turkey, and Eastern Europe. As a core player in international banking, the Group has leading platforms and business lines in Europe, a sound 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, allowing it to contribute to the construction of a sustainable future, while securing 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 spanning the Group. Driving innovation and expansion, we are harnessing the potential of over 10000 employees, to deliver support and shape 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 chance 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 core to our success in serving our client organisations and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is main to our success in serving our clients and the communities we operate in.

This Assistant Manager (Accounting Control) vacancy is based in Mumbai.