Offers “Bnp Paribas”

Expires soon Bnp Paribas

FX Volatility Strategist

  • Internship
  • London, UNITED KINGDOM
  • Sales

Job description



Bank Overview
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, 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.
BNP Paribas Corporate and Institutional Banking is a globally recognised leader offering capital markets, securities services, financing, treasury and advisory solutions.

Purpose & Scope of role
• Purpose

• Prepare, write and internally/externally market written reports on our views on markets, focussing specifically on FX Volatility as an asset class.
• To increase profitable client business by providing a Cross Asset offering for clients that leverages the firm’s strengths in markets and the work of colleagues globally.
• To partner with the global Sales team and Trading teams in order to develop the Bank’s clients franchise.
• Support the Global Markets 360 team, in its aim to provide best-in-class value-additive research to its clients.
• To provide, market and help develop market leading content within the FX Strategy team.

• Scope:
Global

Key Responsibilities of role
Overall

• Working collaboratively with Sales, Trading and other relevant areas of BNP Paribas to develop the client franchise.
• Generate, and assist in the generation of, value-additive economic analysis and market views/trade ideas relevant for BNP Paribas trading desks and Corporate and Institutional clients, specifically FX volatility views and trade ideas.
• Conduct analysis of interest rate markets in order to provide internal and external clients with insights and actionable trade recommendations via publications and face-to-face meetings.

Business & Clients

• Prepare, write and internally/externally market written reports on our views on markets, focussing specifically on FX Volatility as an asset class.
• To leverage themes, data models/analysis and trade ideas created by strategist colleagues globally.
• Help drive cross-asset topical ad hoc flagship research pieces.
• Works closely with the Global Markets Sales in marketing, presenting to clients and developing a product that is used by our account base.
• Be very visible with our key clients.
• Drive the key Global Markets forecasts and actively integrate the views across research – economics, rates credit, FX and local markets.
• Improve the product mix and promote suitable business (based on risk position, regulatory and balance sheet constraints, liquidity and trading capacity) in order to increase profitability.
• Working in conjunction with Trading, generating trade ideas.
• Assist in helping the trading desk with risk positioning.
• Drive the integration of Strategy & Research product across the different regions globally.
• Acting as global Strategy & Research spokesperson in terms of views, ideas, and analysis of the market.
• Direct contribution to BNP Paribas operational permanent control framework.

Desired profile



Qualifications :

Experience, Qualifications & Competencies
EXPERIENCE


• Demonstrate a history of working in markets to provide bespoke trade ideas using derivative instruments, in particular, FX options.
• Experience of and familiarity with FX research products.
• Previous trading, structuring or strategy experience preferred, or working closely with the sales/trading teams to provide bespoke trade ideas.
• Demonstrate a good understanding of key macro & thematic drivers across asset classes.
• Knowledge of economics and statistics.

COMPETENCIES

Behaviour Skills :

Communication - Proficient
• Develops and delivers complex information or messages, both verbal and written, to audiences within or outside the team.
• Delivers messages in a clear, structured, accurate and concise manner, based on facts.
• Adapts the message appropriately according to the communication modes & referential systems of the audience/target, in a balanced and timely manner and in line with business/strategic interests.
• Uses non-verbal communication where appropriate.
• Balances listening and talking to foster a productive dialogue.

Ability to collaborate / teamwork - Proficient
• Proactively shares ideas, insights, knowledge and relevant information with people they work with (including manager and team members).
• Facilitates cooperation and interactions, within and beyond the team, on transversal projects whilst acknowledging the benefit of differing viewpoints and ways of working.
• Alerts about risks and areas of concern and is able to formalise them. Creates a positive working environment. Respects, understands and seeks to accommodate the thoughts, feelings and concerns of others.

Critical thinking - Proficient
• Able to articulate views clearly and succinctly
• Questions existing models and procedures; challenges the status quo; steps out of existing limitations, concepts and models and develops solutions that make a difference.
• Gives their opinion based on sound review of all relevant issues and objective arguments.

Personal impact / ability to influence - Proficient
• Convinces one or more people by presenting their position in an acceptable way, using different influencing techniques and flexible arguments.
• Is able to justify their point of view on ‘business as usual’ topics when facing one or more people.
• Acts as a mediator disputes, and suggests acceptable solutions for all parties involved.

Ability to deliver / results driven - Proficient
• Delivers tasks/projects on time, with qualitative results. Is able to redefine activities according to priorities.
• Acts with tenacity.
• Is able to identify solutions to overcome obstacles and drive results to conclusion.
• Identifies opportunities to initiate new deliverables or improve existing deliverables to achieve the objectives set.
• Where relevant, works autonomously, implementing work processes, ideas and solutions.

Client focused - Proficient
• Client focus - Sees stakeholders as well as external clients as “customers”.
• Values all feedback from clients and integrates it to improve products, services, processes and organisations.
• Anticipates the needs of internal and external clients and partners, and provides relevant responses and solutions to meet them.
• Helps develop and established client relationships based on trust, with a client-centric approach, and encourages other to act in the same manner.
• Assumes responsibility for client satisfaction, makes sure problems are solved effectively and on time and strives to increase client satisfaction.

Creativity & Innovation - Proficient
• Thinks laterally to identify other sources of useful information and sees ways around obstacles and barriers
• Identifies, proposes and implements innovative alternatives/new ideas or approaches to develop new products and services and solve identified issues or problems.
• If relevant, encourages and provides a suitable environment for creativity and innovation.

Resilience - Proficient
• Adjusts and continues to behave effectively in challenging environments.
• Has confidence in their own ability to overcome pressure and obstacles.
• Is able to face setbacks and direct criticism whilst remaining composed and knows how to put criticism and stressful situations into perspective.

Transversal skills :

Ability to develop and leverage networks - Proficient
• Has developed and maintains a broad network of relationships within, as well as outside, the company - includes partners, suppliers or clients.

Analytical Ability - Proficient
• Handles information, recognises links, identifies trends, similarities or differences, translates the information into relevant analyses and interprets them to establish a diagnostic.
• Is able to identify the root causes of a problem.
• Is able to interpret available data and identify various conclusions.
• Evaluates the consequences of solutions or actions on people, systems and the organisation with precision and accuracy.

Business Skills :

Conduct
• Be a corporate role model, supporting and fostering a culture of good Conduct
• Acts with discipline and high ethical standards
• 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
• Understands the market, credit, operational, compliance, legal, regulatory and reputational risks of recommendations and comments he/ she makes

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

Risk awareness
• 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, where relevant

Market, product & business
• Is genuinely interested in financial markets and continually learning and staying abreast of new developments. Evidences a good appreciation of economics and market dynamics, with enough understanding to present views on market conditions and trends
• Continuously develop insight and expertise into his/her market, products and activity, and shares this knowledge with team members. Very strong standing with our client base. Be a leader in opinions and views on the global Cross Asset market. Demonstrates a strong appreciation of economics and market dynamics of the Cross Asset markets, with broad enough understanding to form opinions and present personal views on market conditions and trends

Make every future a success.
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