Middle office fixed income P&L Analyst

Job description

MISSION AND OBJECTIVES

Middle office Credit and Rates P&L Team provides a robust and dedicated support to the Credit & G10 Rates Trading businesses. We are looking for a Montreal based Product Controller / P&L Analyst to support the New York Credit and G10 Rates Trading desk. The selected candidate will report to the local P&L Team Supervisor.

The role will encompass daily P&L responsibilities and the successful candidate will need to fully understand and explain the key P&L drivers. The individual will be required to establish effective working relationships with both Front Office and other areas of support.

MAIN RESPONSIBILITIES

• Reconcile daily FO P&L to the Official P&L

• Produce daily MO forecast and reconcile to the trader's forecast after the close

• Analyze, understand, and attribute daily P&L, e.g. Greeks, new trades / amends

• Explain and comment on economic P&L using P&L Explain Tools

• Produce a Step Reval Explain and Risk based P&L Explain on a daily basis

• Work with Front Office, Finance, and Market Risk to finalize month end P&L

• Discuss and review trading P&Ls with management

• Ensure all appropriate controls and processes are executed and well documented

• Contribute to ongoing process and control improvements / efficiencies

Trader Support & Customer Service

• Liaise with trading floor personnel and ensure a satisfactory resolution of all FO inquiries

• Interact with Operations functions and other infrastructure groups to support a ‘one team approach'

Communication

• Ensure timely and efficient dissemination of data and the resolution of inquiries

• Identify and escalate time / risk sensitive issues to the team supervisor

• Cohesively explain and maintain own position, logically, in light of differing views

Desired profile

Qualifications :

TRAINING AND OCCUPATIONAL EXPERIENCE

Graduate degree in Finance, Math or Engineering or other quantitative disciplines
or Bachelor degree including 2 years of relevant experience

• Strong Excel (VBA or coding) & PC skills with proven ability to work with multiple systems

• Knowledge in financial markets with an emphasis on Fixed Income and Risks

• Familiar in pricing, valuation or hedging of derivatives

SKILLS AND BEHAVIOURS

• Superior attention to detail and accuracy

• Strong interpersonal and communication skills a must

• Ability to work in a fast-paced environment

• Ability to work as part of a team in a “split team” organization

• Spirit of continuous improvement

• Display good relationship qualities, team spirit, and ability to work across teams



A recruitment policy that promotes equity and diversity:

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.

We pride ourselves in applying non-discrimination rules to all our recruitments.

We will only contact the candidates selected who meet the job requirements in terms of training and experience.

About BNP Paribas

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 195,000 employees, including more than 148,000 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 realise 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 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.

About BNP Paribas in Canada

In Canada, BNP Paribas is one of the dominant foreign banks in the country and is committed to building its platform even further. Since becoming the operational hub for the Group's activities in North America in 2013, it has grown significantly to reach more than 700 employees and is expected to continue growing in the coming years. With the continued development of technology and financial fields, BNP Paribas Canada continues to attract experts with diverse backgrounds as well as young and ambitious talent from across the globe. With the international mobility and capacity that very few companies can offer, BNP Paribas prides itself in providing a superior foundation for building a professional career - a place for people to learn, to achieve and grow.