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Operations Officer (FX/FX Derivatives/CLI)

Salary undisclosed

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What is this position about?

  • The position is essential in ensuring timely and accurate processing of FX, FX Options, Commodity Linked Investments (CLI), Non-Deliverables (NDF), FX Derivatives and Money Market transactions.

What would be your typical day at BNPP Paribas look like?

  • Process FX, FX Options, Commodity Linked Investments, Non-Deliverables (NDF),

FX Derivatives and Money Market transactions.

  • Prepare settlement entries and payment messages.
  • Support life cycle events of FX derivatives.
  • Prepare client confirmations and advices.
  • Handle counterparty confirmations.

Primary Role Responsibilities

  • Perform trade input in Olympic system for non-interfaced transactions, and process FX trades in precious metals (Gold/Silver).
  • Match FX Option Kondor-Plus (K+) tickets against termsheet / ICAT / Soho Blotter. Match client FX K+ tickets against FX Memos. To follow up / escalate any missing trade or discrepancies.
  • Prepare and input fund transfer entries in Olympic system for settlement of NDF, FX Option or Money Market transactions.
  • Prepare and process FX derivatives for periodic fixing / expiries and for knock-out event.
  • Prepare trade confirmations and event advice to client.
  • Prepare SWIFT messages (MT2XX/3XX/6XX/MX Pacs008) to settle payments with counterparties.
  • Print counterparty confirmations and match them to respective trades.
  • Consolidate signed counterparty long form confirmations, scan and return copies to counterparty.

Other contributions

  • Direct contribution to BNPP operational permanent control framework.
  • To keep operational errors to a minimum by adhering strictly to internal procedures and observing applicable banking and regulatory requirements.
  • To be well versed in the department’s and one’s role in the bank disaster recovery / BCP strategy and actively participate in BCP tests to ensure operational readiness.

What is required for you to succeed?

  • At least 1 year experience in operations knowledge i.e. processing derivatives
  • Attention to details and analytical
  • Adaptable to changes
  • Good team player
  • Strong interpersonal and communication skills