Account Opening Officer

Job description

BNP Paribas is a leading European bank with an international reach. It has a presence in 73 countries, with more than 192,000 employees – including more than 146,000 in Europe and over 4,000 in Portugal alone.
BNP Paribas is present in Portugal since 1985, having been one of the first foreign banks to operate in the country. Today, BNP Paribas has several entities operating directly in this territory, offering a wide range of integrated financial solutions to support its clients and their businesses.
Worldwide, the Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
The “Global Markets Operations Transversal Funding” team under supervision of the “Global Markets Operations Settlement and Accounting Transversal” Department within the Global Markets Operations Trade Processing organization. The “Global Markets Operations Transversal Funding” team is in charge of ensuring adequate funding of Clearing & Custody cash accounts.

ROLE AND RESPONSIBILITIES

Within the Global Markets Operations Transversal Funding team, the Account Opening Officer has a specific role to play in supporting the business from within the Funding team. You will be in charge of opening new accounts (and monitor existing ones). Your major areas of responsibilities will cover ao.:
· Account Opening Process
· Documentation production: Produce Opening Account Forms (Legal, SLA, POA, Delegation of Powers, Proposal Fees)
· Interact with Legal and business to have the necessary signatures
· Interact with Tax to obtain the necessary information before activity can start
· Interaction with Central departments for setting the necessary authorization levels on the accounts
· Interaction with BO teams on how the new account will be integrated in the different systems
· Account Maintenance Process
· Be the contact person for business when new activities are set up and require an account to conduct business - Advisory Function.
· Account closing process
· Perform controls on the different accounts in use, for example a yearly review of the USD accounts used by business
· Account amendments: either because of internal changes or changes at the correspondent
· Other responsibilities
· Work in close collaboration with your colleagues of the funding team. The activities are closely related
· Participate to projects whenever needed

PROFILE

· Bachelor Degree in a relevant area
· Fluency in English is mandatory
· Knowledge in French is a significant plus
· 0 to 3 years financial/banking industry experience with an emphasis in Operations
· Knowledge of financial markets and products with emphasis on Equity Derivatives. Specialization in Listed Derivatives or OTC product is highly appreciable
· Proficiency in computer skills, particularly in Microsoft Office Pack, mainly Excel
· Detail oriented profile, with strong analytical and problem solving skills
· Autonomy and proactive
· Motivated and willing to absorb new concepts, organization and IT environment
· Rigorous, well-organized with a structured and logical approach
· Well-developed written and verbal communication skills, in English
· Ability to perform multiple tasks and meet established deadlines, in a fast pace work environment
· Team spirit
Please note that only applications submitted in English will be considered.

In case you are selected for this role, further documentation will be requested to support your hiring process.

BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.