Assistant Manager - Market Data - Invoicing, Reconciliation & Inventory

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 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

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

CIB INDUS - ISPL COE

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

29/09/2025

Department

FOP

Location:

Mumbai

Business Line / Function

CIB

Reports To

(Direct)

Manager

Grade

(if applicable)

(Functional)

Number Of Direct Reports

NA

Directorship / Registration

NA

Position Purpose

Work as Market Data Administrator under the responsibility of Market Data Administration Competency Center India Lead Manager

Responsibilities

Direct Responsibilities

• Invoice analysis.
• Check all the market data invoices with the conditions of the contracts via the MDM database using the AIP module.
• Follow-up with suppliers and finance on unpaid invoices.
• Manage finance tool to ensure invoices are booked and is redirected to the correct approval workflow to have it paid.
• Providing allocation key to finance.
• Accruals/deferrals process.
• Accruals/deferrals process imposed by Finance for ‘market data’ respecting the strict deadlines.
• Provide a quarterly report to Finance with a split of the market data costs towards the different cost centers.
• Inventory management.
• Maintain the MDM database with the most up to date user lists and contracts based on the input received from the business, the Global Market Data Procurement team, the market data exchange team or from the market data suppliers.
• The goal is to have a global inventory system that provides a view on the total market data cost of the BNP Paribas Group.
• Request management.
• Manage all requests for ‘market data’ accesses and indices, site-fee based licenses, etc…
• Respecting Business cost approval procedures & using RPM.
• Vendor Reporting -
• To do the usage reporting of concerned exchanges used by the bank.
  
  

Contributing Responsibilities

Technical & Behavioral Competencies

• Market, product & business –Is genuinely interested in financial markets and continually learning and staying abreast of new developments.
• 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 – previous experience in being part of large and/or diverse projects.
• Market, product & business –Is genuinely interested in financial markets and continually learning and staying abreast of new developments.
• Powerpoint / Excel skills – very proficient in use of such tools.
• Knowledge of Calero MDSL third party cost management software (MDM) or equivalent tool would be a plus.
• 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 – 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 – 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.
  
  

Specific Qualifications (if Required)

Master’s Degree in Business Administration

Skills Referential

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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