Offers “Bnp Paribas”

26 days agoBnp Paribas

Electronic Index Trader

  • City of London (Greater London)
  • Accounting / Management control

Job description

BNP Paribas Corporate & Institutional Banking (CIB) is a leading investment bank with global leadership in many of our businesses. We are part of the BNP Paribas Group, a financial institution with solid foundations and a proven ability to adapt to change. BNP Paribas CIB, with nearly 28,000 employees in over 50 countries can offer you an exciting and truly global start to your career, a career where you, your ideas and your development matter.

We work continuously on behalf of our clients, helping them to realize their projects around the world. Our success is built on doing things differently, serving our clients and society responsibly, encouraging new ideas and giving our people the room to grow and innovate. If you are analytical, numerate and entrepreneurial, if you can, quickly understand complex financial concepts, if you speak good business English and are ready to learn, we want to hear from you.

AMM (Automated Market Making) activities are ranging from building electronic market-making strategies, algos design, execution strategies to provide liquidity internally and externally on a wide range of products and subsequently hedging risk inherited from client-facing, internal and on-exchange flows. AMM activities rely upon a state-of-the art technical architecture, low-latency trading systems and market-accesses.

Role responsibilities:

To support the fast growth of the Automated Market-Making group, the candidate will be joining a team of London-based traders. She or he will:

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Develop the Index trading capacity (Futures market-making) :

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Enhance market-making strategies and positioning algorithms through modelling and back-testing.

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Optimize hedging strategies at trade level and book level

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Monitoring pricing parameters and risk-managing the book (dividends, repo, delta)

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Handling the trading book day-to-day (index rebalancing, corporate actions)

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Leverage the electronic infrastructure to expand the bank's Client franchise

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Maintain BNP Paribas's leadership amongst banks as an electronic derivatives market-maker

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Develop the Equity algorithmic trading capacity :

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Developing the equity execution platform along with Strategists, including new algorithm and technical evolutions. This includes risk centralization on equities and derivatives.

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Monitoring execution performance and investigate potential issues

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Leverage a flexible entrepreneurial human and technical working environment to developing pricing, market-making, execution, risk trading capacities for the benefit of the whole bank and its Clients.

Ideal candidate profile

Qualifications :

Profile:

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Graduate level to 2-years of experience

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Analytical background: Ideally a top ranked engineering University (+ MSc in Finance a plus). English / French bilingual.

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Uncompromising attention to detail and rigor. Ability to work in a fast-paced environment. Risk awareness.

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Ability to quickly apprehend complex technical infrastructures.

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Advanced level in any object-oriented language. Python a plus, VBA a must.

Conduct

·  Be a role model, supporting and fostering a culture of good Conduct
·  Demonstrate proactivity, transparency, and accountability for identifying and managing conduct risks
·  Consider the implications of your actions on colleagues, partners and clients before making decisions, and escalate issues to your manager when unsure

Business risk

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Demonstrates a good awareness of risk and fundamental risk concepts. Always considers risk in his/her daily activities and abides by the Key Front Officer Responsibilities and Guidelines. Understands the market, credit, operational, compliance, legal, regulatory and reputational risks of transactions he/ she managers

Essential personal skills

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Effective communicator who can align people to the broader vision for the business whether they are directly managed or simply influenced by the individual in question

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Communicates pro-actively with management, escalating issues as necessary

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Diligence

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Displays dedication & prioritises problems by considering the impact on the business; identifies quick-wins

Resilience

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Stays calm and positive, controls his/her emotions in conflict or any situation of intense stress (due to market, time or client pressure).

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Ability to undertake a number of issues simultaneously is essential as well as the ability to work under considerable pressure

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Passion, tenacity and resilience in an ever changing environment

Innovation

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Thinks laterally to identify other sources of useful information and sees ways around obstacles and barriers.

Please note that all applicants must disclose whether that they possess the right to work in the U.K. as per the Immigration, Asylum, and Nationality Act of 2006.