Lead Business Analyst- OTC Settlements

Overview

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

Global Markets IT is the complete gamut of IT solutions that facilitate and enable the Global Markets business of BNP Paribas. Within Global Markets IT, Trade Processing is the domain, which comprises of the range of asset-specific applications that manage the lifetime and workflow of deals right from their capture through to their settlement and reporting.

Job Title

Lead Business Analyst - OTC Settlements Expert

Date

06 Oct 2025

Department

GMIT

Location:

Bagmane, Bengaluru

Business Line / Function

FX, Commo, Settlements

Reports To

(Direct)

Sagarkumar KANSARA

Grade

(if applicable)

AVP / VP

(Functional)

Number Of Direct Reports

None

Directorship / Registration

NA

Position Purpose

We are looking for an energetic, proactive & competent candidate to shape the next‑gen settlement engine that processes half‑a‑million OTC derivative trades every day.

Platform is a real‑time multi-asset settlement system covering FX, Equities, Credits, Rates & Commodities.

The system guarantees that every announcement, confirmation, payment and accounting entry is posted within seconds, 24 × 7. As the business expands with ever-evolving settlements perimeter involving CLSNET, CLSMain and their integration with clearing houses.

This application consists of a .NET based front end communicating with backend written in Pro*C, PL/SQL and Python. The Database is Oracle 19c. The backend consists of performance critical processes and batches which implement core of the system. A successful candidate would have a unique opportunity to be part of a global team located across multiple locations (Mumbai, London, Paris & Lisbon) to implement and manage large scale projects. Your work will directly impact the speed, accuracy and regulatory compliance of settlements for a global bank.

Responsibilities

Direct Responsibilities

• Lead requirement discovery with front‑office and back‑office users across geographies; capture functional specs using use cases, workflow diagrams and user stories.
• Translate business needs into test plans; develop test scenarios, coordinate UAT and support user‑acceptance testing.
• Collaborate with development team to ensure functional coverage and validate test outcomes.
• Provide Level‑3 support for production incidents; troubleshoot, create work‑arounds and drive root‑cause resolutions.
• Own end‑to‑end delivery of settlement enhancements: define scope, create a realistic project plan, track milestones and manage risks.
• Prioritise and negotiate competing demands using a weighted‑scoring model and RACI matrix
• Facilitate regular steering‑committee & stakeholder‑review meetings with business owners, product managers, technology leads.
• Identify process improvement opportunities and propose pragmatic solutions to enhance settlement efficiency and control.
  
  

Technical & Behavioral Competencies

Technical

• 12 + years of Business‑Analysis experience in OTC Trade Settlements (FX, Equities, Credit, Rates, Commodities).
• Deep knowledge of the settlement lifecycle – from booking to back‑office entry and accounting.
• Strong analytical skills; ability to write SQL queries for data validation.
• Knowledge of SWIFT messaging framework.
• Excellent written & verbal communication – can translate complex ideas into clear artefacts.
• Strong stakeholder‑management – influence senior business leaders, negotiate priorities, and maintain alignment across multiple regions.
• Familiarity with Agile / Scrum methodologies (Product Owner or Business‑Analyst role).
• Experience with industry-wide netting/settlement platforms (e.g., CLSNET, CLSMain) is preferred.
  
  

Behavioural

• Analytical thinking & problem‑solving
• Ability to influence without authority
• Strong negotiation & conflict‑resolution skills
• Pro‑active ownership & accountability
• Collaborative mindset in a multicultural, globally‑distributed team
  
  

Skills Referential

Specific Qualifications (if required)

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Personal Impact / Ability to influence

Client focused

Ability to synthetize / simplify

Transversal Skills: (Please select up to 5 skills)

Ability to manage a project

Ability to understand, explain and support change

Ability to manage / facilitate a meeting, seminar, committee, training…

Ability to anticipate business / strategic evolution

Ability to develop and adapt a process

Education Level

Bachelor Degree or equivalent

Experience Level

At least 12 years