In Asia Pacific,BNP Paribas is one of the best-positioned international financial institutionswith an uninterrupted presence since 1860. Currently with over 18,000employees* and a presence in 13 markets, BNP Paribas provides corporates,institutional and private investors with product and service solutions tailoredto their specific needs. It offers a wide range of financial services coveringcorporate & institutional banking, wealth management, asset management,insurance, as well as retail banking and consumer financing through strategicpartnerships. 

Worldwide, BNPParibas has a presence in 68 markets with more than 193,000 employees. It haskey positions in its three main activities: Domestic Markets and InternationalFinancial Services (whose retail-banking networks and financial services arecovered by Retail Banking & Services) and Corporate & InstitutionalBanking, which serves two client franchises: corporate clients andinstitutional investors. Asia Pacific is a key strategic region for BNP Paribasand it continues to develop its franchise in the region.  

* excludingpartnerships

BNP Paribasoffers you an exciting career in an international business environment that isfast-paced, diverse and focuses on creating high-value relationships with ourclients. We offer competitive salary and benefits, as well as a workingenvironment where you’re valued as part of the team.

https://careers.apac.bnpparibas/ 

Business Area/Dept Overview

BNP Paribas’ Global Markets business offers a broad range of products and services in the global interest rates, credit, currency, equities & commodity markets. Global Markets help their franchise of clients find effective ways to raise and invest capital as well as manage their exposure to risk. Their client base comprises of corporations, institutional investors, banks, governments and supranational organizations.

The Global Markets Quantitative Research (GMQR) division is in charge of the modelling, pricing & risk management developments for Global Markets products. Role holders within the division focus on the global management, development, delivery, maintenance and support of Global Credit, Global Equities, Global Macro and Platform, Research’s cross-asset analytics software libraries. The team operates globally with representatives in London, Paris, Asia and New York and plays a critical role in providing innovative solutions.

Job Purpose

Purpose:

The Head of APAC GM Prime Quantitative Research, Director level role, has a staff line management responsibilities and proactively supports the development of team members to help deliver the team’s performance objectives. The role holder contributes to the strategic business plan aligned with the global strategy, is recognised as a Risk expert in the business and operates with a high degree of autonomy.  

The role holder will cooperate with other quantitative developers and analysts, as well as with the trading desks and the Global Markets IT & Risk divisions in order to ensure all quantitative developments integrate optimally within the IT ecosystems for all Front to Risk and Front to Back feeds, thereby ensuring the best delivery to the business.

Core accountabilities of role

• Leads APAC Prime initiatives aligned with the global strategy, emphasizing position and equity financing, resource optimization, pricing and market making, as well as inventory management analytics and tools. 
• He/she drives and interact with technology and other members of GMQR, for effective implementation of quant analytics in technology platforms.
• Management of the APAC GM Prime Quantitative Research team
•  A subject matter expert responsible for maintaining and enhancing pricing analytics, co-ordinates and shares knowledge with quants in other locations to improve interfaces, optimise code and follow the team's best practices.
• Develops and manages operational initiatives in line with relevant policies, procedures and any relevant regulatory requirements or professional codes of conduct, to enable optimal business outcomes and optimise profitability.
• Designs innovative analytic/implementation approaches, system architecture, code optimisation and interfaces aligned with the global strategy including:
  • Develops systematic intelligent, AI drive client locate optimisations
  • Develops models to assess client behaviour
  • Develops quantitative strategies for pnl generation using predictive models
  • Develops collateral management optimisation tooling
  • Oversees the team on pricing all related requests
  • Creates and develops risk management tools
  • Develops ad-hoc tooling for the Prime teams, as well as relevant for transversal platforms and businesses interfacing with Prime
  • Contributes to the development of the team analytics library.
  • Hands on python coding of new features in the system with an emphasis on well tested, high quality code which is performant when required. 
• Participates in cross-functional initiatives to ensure all quantitative developments integrate optimally with the IT ecosystems and enable the best deliveries to the business.
• Manages relationships with business stakeholders, as well as other teams (notably IT and Market Risk) in order to fully understand business requirements and develop appropriate interventions, in order to deliver a quality service to the business.
• Assists the Bank in adapting to new regulations and capital charges by providing ideas or tools to estimate their impacts. 
•  Liaises with relevant internal risk functions such as Legal, Compliance, Market and Credit Risk Management, as appropriate. 
• Collaborates with the GM Data and AI Lab team in contributing to building advanced data mining, machine learning and Natural Language Understanding models and systems for the benefit of the Global Markets business lines.

Knowledge, Skill and Experience

• Professional qualification in mathematics, statistics, physics, engineering or finance/econometrics or a PhD in another Science or engineering field with an interest in finance modelling. Broad knowledge of the theories and practices across the Global Markets function and their interaction with each other combined with deep expertise within GMQR.
• Expert knowledge of Financing products (Repos, TRS and collateral, both credit and Rates) and of specific Fixed Income, Equity and Commodity products.
• Expert knowledge of the practices and processes around Stock Loan automation and Cash PB / Synthetic TRS optimisation, with particular application to APAC markets such as China.
•  Advanced Python programming experience, working on large, object-oriented codebases. Comfortable working with large datasets.
• Experience working with (designing/building) complex data structures and database technologies (Oracle, Clickhouse)]
•  Understanding of Cloud & DevOps: Docker, Kubernetes, Jenkins, Git, TeamCity, CI/CD pipelines, Kafka and other messaging technologies.
•  Good working knowledge of professional standards and protocol and able to apply them to the Business to develop and improve BNPP processes and practices.
• A role model in the ability to quickly adapt their behaviour, style, approach, priorities, communication or working methods according to the needs of the task, individual/group, situation, constraints and circumstances.
•  Excellent people management skills and an ability to work with individuals to set individual objectives and manage performance to ensure their delivery
• Recognised by others as a highly effective communicator. Can present or skilfully communicate complex ideas, strategic and critical messages or ideas to large, culturally diverse and unfamiliar audiences, including in conflicting situations, both across and throughout the hierarchy and/or the top management.