Informacje ogólne
Nr ref.
111114839112633
Kraj
Portugalia
Region
Lisboa
Miejscowość
Lisbon
Typ umowy
Umowa na czas nieokreślony
Rodzina zawodowa
F15 - OPERATION PROCESSING
Opis
About the job
- The Secondary Exotic Trade Support Team (SE POS) and ETS is in charge of secondary events like increases, unwinds, early expiries or any coupon payment throughout the life cycle of the trade as well as increases of issuances amounts or Corporate Action events. The team has a strong operational risk and management approach on multiple European Trading desks and works closely with trading on a daily basis to guarantee the correct booking of all positions, cash flows and respective Profit and Loss (PNL)
- Its main missions are: Control and manage all Secondary Transactions and ensure each position and trade are correct so that the amount hedged by Front Office is in line; Increase/unwind existing positions and guarantee all information is clear and transparent; Smoothen the process of flowing information throughout the remaining teams within the bank and Daily control of position changes and closely follow updates on existing secondary trades
Your Main Activities Are
- Secondary Trade Support is asked to intervene on positions at the request of Front Office (FO). These requests must be considered from a critical angle, considering the fact that they will impact the position in place. In particular, it is recalled that any modification or cancellation of a transaction beyond T + 2 - on the initiative of a trader - must be duly explained in writing and the trader's management must be informed. Trade Support should at all times exercise a critical sense of the explanations provided.
- Like all operations members, Trade Support implements the necessary elements to: Minimize operational risks and fraud risks by putting in place the regular and sufficient controls inherent to its position (reporting to relevant teams when needed and Escalate to his management, the management of the Front Office and / or permanent control the problems identified
- The main goal of Secondary Trade Support is to guarantee traders their transactions and related events on the different products they hold in their portfolio: Guarantee Trading Transactions in Front / Operations Systems (The Middle Office (MO) guarantees trading transactions on exotic products and primary operations by comparing the operations received from FO in secondary systems (Exocet) with those retrieved by operations. The goal is to correct within a timely manner the differences that may appear due to system errors, input errors or information loss); update Middle Databases (Following updates in the intrinsic data of a trade such as an UF, a counterparty modification or a maturity change, secondary MO will update the respective systems that feed these informations for the remaining teams within the bank) and promote an effective dialogue between the Front Office and the other control teams
- Trade Support must develop an effective dialogue between the various Front Office teams and the other control teams by: Knowing how to manage priorities and how to retrieve all relevant information to FO; Work closely with Trading, to analyse together any price differences or errors of seizures found
Profile and Skills to Success
- University Degree (Financial background)
- Fluency in English
- Proficiency in Microsoft Office Tools, namely Excel
- Knowledge of Financial markets, Over The Counter (OTC) Derivatives and Swap lifecycle
- Good teamwork skills
- Attention to detail
- Ability to solve problems
#LI-Hybrid
Why joining BNP Paribas?
- Leading banking institution
Leading player in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe
- International reach
The Group holds key positions in several areas of banking and financial services that are structured around three operating divisions:
- Corporate & Institutional Banking (CIB) connects companies needing financing and institutional clients looking for investment opportunities division that offers tailored financial solutions for corporate and institutional clients
- Commercial, Personal Banking & Services (CPBS) brings together all our commercial banks and several specialised businesses heard
- Investment & Protection Services (IPS) combines a unique continuum of products and services across protection, saving, investment and real estate including specialised businesses offering a wide range of savings, investment and protection services
- Our presence in Portugal
In Portugal since 1985, BNP Paribas today has more than 9.220 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 centres of expertise providing value-added services to various countries where the BNP Paribas Group also operates.
- Diversity and Inclusion commitment
BNP Paribas ´ambition is to cultivate an open and responsive environment for all that encourages collaboration and interaction. We demonstrate our commitment by actively contributing to the Group’s Diversity and Inclusion strategy and goals, in line with the United Nations Sustainable Development Goals. As part of our local Corporate and Social Responsibility – Diversity & Inclusion strategy, BNP Paribas Portugal is committed to:
- Promote a fair and unbiased recruitment process and offer professional development opportunities to all employees
- Celebrate diversity and advocate for inclusion, both externally and internally, encouraging employee’s participation, creating space for different voices to be heard.
To foster the effort of BNP Paribas Portugal, multiple initiatives and events take place throughout the year where our people can find out more on the importance of diversity inclusion at the workplace and in our society.
- Remote Working Conditions
At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working options adapted to our hybrid working environment. To ensure a comfortable and efficient working setup, eligible employees are provided with both office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional items at reduced prices.
- Commitment towards work/life balance
Supporting employees in a hybrid way of working while providing them with the means to maintain a work-life balance is an essential dimension of our Smart Working program. At BNP Paribas, we care about our employees’ wellbeing and promote a culture of good integration between work and personal life.
To find out more on why you should join BNP Paribas please read our Employee Value Proposition and our Career path page.
* Please note that only applications submitted in English will be considered.
* In case you are selected for this role, further documentation will be requested to support your hiring process.