About the job

• BP2S and BNP Paribas Securities Corporation are Global Clearing Members on more than twenty Clearing Houses. This activity is managed in DEC (Derivatives Execution and Clearing) business line. As part of its listed derivatives offer, DEC is clearing listed Options and Futures

Your Main Activities Are

• As part of DEC business line (Derivatives Execution & Clearing), the account manager of OTC Client Clearing has to handle middle office and back office activities on his/her scope
• Middle - office
  • Be the 1st point of contact for all counterparties (clients and CCPs) with regards to Cash settlement processes
  • Follow up of pending topics closely and ensure all clients trades are process and booked at T day
  • Perform timely reconciliation between internal systems
  • Identify, assess, monitor and control the risks of the activity
• Back - office
  • Post all margin and intraday margin from CCP’s within the day of the payment/receipt of the funds
  • Action all client payment requests prior to the relevant currency deadline to ensure the required value date is met
  • All payments received into the ex-CFL/DEC bank accounts are booked correctly
  • Ensure CASS payment and BNP Paribas sanction rules are always followed
  • Ensure currency balances are maximized
  • Monitor and communicate bank balances at the end of each day
  • Communicate large cash swings/money movements
  • Ensure SSI set ups are performed following the required sanctions checks, documentation checks and call back protocol
  • Set up new MT101 agreements upon the request of marketing ( 2 new client inflight at any given time) and ensure records of any new or terminated agreements are maintained (CASS mandates)
  • Ensure that all clients related issues, queries and request are addressed in an efficient, accurate and timely manner
  • Participate in projects to drive the business forward to deliver internal or market system releases (Market releases, MO/BO tools enhancement, among others)

Profile and Skills to Success

• Bachelor’s degree
• Global finance knowledge
• Proficiency in Microsoft Office Pack (MS Excel, MS Word, and MS PowerPoint)
• Fluent in English
• Client relationship and communication skills
• Analytical skills
• Rigorous mind
• Strong team player
• Ability to work with strict deadlines
• Risk control
• Self-starter with ability to work effectively with minimum supervision
• Responsiveness, accountability and adaptability

#LI-Hybrid

Why joining BNP Paribas?

· Leading banking institution

BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.

· Our presence in Portugal

In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 excellence centers providing value-added services to various countries where the BNP Paribas Group also operates.

· International reach

Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions:

• Retail Banking, a division that brings together all of the Group’s retail activities and specialised business lines;
• Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services;
• Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.

· Diversity and Inclusion commitment

BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. 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.

· Commitment towards work/life balance

At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.

· 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 modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices.

To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal

* 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.