Analyst – OTC Trade Management

Job description

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 72 countries, with more than 202,600 employees, of which almost 155,000 in Europe. 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, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance.

In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending.

BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

www.cib.bnpparibas.com

Candidate Success Factors:

Candidates will be measured on the following four performance drivers which will dictate how individual impact is considered on the Americas platform:

· Results and Impact
· Leadership and Collaboration
· Client, Customer and Stakeholder Focus
· Compliance Culture and Conduct

Responsibilities:

Responsible for supporting daily trade activity for OTC instruments. Individual must be familiar with a variety of equity and fixed income derivative products – total return swaps, credit default swaps, interest rate swaps, options, futures, etc, including experience in operationally supporting post trade processing for trade confirmation, trade settlement, collateralization, and regulatory reporting.

· Execute trade confirmation process across multiple platforms for varying security types.
· Monitor daily trading activity to ensure initial margin is processed accurately and timely.
· Communicate daily with counterparties to ensure appropriate levels of collateralization including addressing margin calls
· Oversee private debt(bank loan) trade matching and settlement processing
· Assist in compiling accurate and timely reporting for client oversight teams
· Assist in research and resolution of cash and position reconciliation breaks
· Adherence to departmental policies and procedures
· Consistently assess and improve workflow processes to mitigate risk and create efficiencies
· Assist in departmental projects.

Desired profile

Qualifications :

Minimum Required Qualifications

Intermediate to advanced knowledge of equity and fixed income derivatives trading and post trade handling.

Familiarity with post trade derivative platforms (ex: Markit Wire, DS Match, Icelink)

Familiarity with private debt (bank loan) security processing

Ability to work and make decisions independently.

Intermediate to advanced knowledge of MS Word and Excel

Strong attention to detail with the ability to manage multiple tasks simultaneously.

Strong verbal and written communication skills

Two years of experience within the financial sector with direct experience related to derivative trade processing.

Preferred Qualifications:

Bachelor's Degree in Accounting/Finance or equivalent required

FINRA Registrations Required:

None

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.