About the job
The Trading Operations Analyst provides end‑to‑end operational support for the Structured Notes and Derivatives desks. The role bridges front‑office traders, sales, legal, market operations and technology teams to ensure that issuances, secondary market activities, fee calculations, and post‑trade processes are executed accurately, on time, and with minimal risk. The analyst will own a suite of Python‑driven tools that automate checks, reconciliations, and reporting, while maintaining strong communication channels to resolve any discrepancies that could affect Profit & Loss.

Your Main Activities Are

• Coordinate with Sales, Middle Office, Back Office and trading desks to make sure bonds are correctly booked ahead of issuanc
• Ensure settlement instructions are received and align bookings accordingly, escalating any discrepancy that may impact Profit & Loss
• Maintain and enhance Python scripts that perform automatic checks together with booking and amending trades in our internal booking systems
• Run daily reallocation scripts, book new secondary orders, and ensure minimal operational risk
• Communicate proactively with secondary and primary sales and with the other stakeholders to guarantee smooth executions
• Cooperate with Middle-Office, to validate distribution fees and trigger the fee payment process. Escalate to trading when necessary
• Design tools to identify past missing allocations & take steps to solve the issue
• Support the post-trade workflow, ensuring every step is successful until issuance
• Review and populate termsheets with the correct identifiers. Flag inconsistencies to the Structuring team
• Onboard new deals into Issue Master coordinating with Legal to guarantee data accuracy, generate series numbers and confirm all data aligns with the system entry
• Ensure correct onboarding of securities into Sierra and collaborate with Static Data team as needed
• Dispatch activation files to Euroclear and SIX and verify files, confirm receipts and escalate any rejection or mismatch that could impact settlement.
• Support the trading desk running, maintaining and improving Python tools for daily reporting
• Collaborate with Middle-Office, to ensure the running fees are accurate to process the fee payment
• Proactively take out the fee-related holds to avoid any Profit & Loss breaks

 Profile and Skills To Success

• Bachelor Degree in Business, Economics, Finance and Computer Science or any similar areas
• Up to 2 years of experience on Trade Settlement, Structured Products, Secondary Markets Reallocations and Fee Reconciliation
• Fluency in English, both oral and written 
• Experience using Python 
• Great verbal and written communication skills with many stakeholders
• Great escalation and problem-solving mindset, as well as continuous improvement skills
   

ABOUT THE TEAM 

The Trader and Sales Assistant team aims to accompany the continuous enhancement of the quality of service provided to our clients, notably post-trade services. Its role is to support traders and sales in their daily tasks, in the most timely and efficient manner. The trading and Sales assistant team is the key contact for external clients but also for other BNPP functions.
 
ABOUT GLOBAL MARKETS 
Global Markets, the capital markets division of BNP Paribas' Corporate & Institutional Banking, is a powerhouse delivering top-tier solutions across asset classes. Our Portugal Platform (Porto and Lisbon) stands as a major European HUB and a unique player in the country, boasting a wide range of Front Office roles and services - Trading, Sales, Research, Structuring, Quants & Engineering, Business Dev and Support, Marketing & Client Support, Risk Management, Data Analytics and Machine Learning. With rapid growth and ambitions to make a global impact, we offer numerous short and long-term opportunities.

 #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
 
 * 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 [1] Employee Value Proposition and our [2] 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.