What is this position about?

•    The role is very critical is serving Wealth Management Clients and supports Dealing Desk and Front Office Relationship teams by ensuring timely and accurate processing of settlement, confirmations, life cycle management of Equity / OTC Derivatives transactions for Wealth Management clients and with counterparties/brokers.

What would be your typical day at BNPP Paribas look like? 

Primary Role Responsibilities

In this role, you will

•    Process Equity / OTC derivatives, including equity / bond / index/ listed / exotic options and interest rate swap.

•    Match, sort and verify trade confirmations against trader’s daily reports/blotters, and follow-up with advisory desk, counterparty and front office for any trade discrepancies.

•    Monitoring and process periodic fixing events, including settlements arising from options exercised/knock out and periodic interest payments, including creation of SWIFT payment, and investigate and follow-up nostro and securities reconciliation breaks. 

•    Monitor ‘short sell’ securities position and ensure prompt follow up and update of daily control reports for failed and late trades / non receipt of confirmations. 

•    Ensure proper management approval is obtained for special waivers and update waiver file. 

•    Update and maintain internal master records for newly incepted trade, periodic exercise, knocked-out, expiry, track the date of receipt / acknowledgment of counterparty confirmations, and attend to queries from front office, advisory desk, and counterparty. 

•    Perform and participate in User-Acceptance-Test and ad-hoc projects. 

•    Check Transaction Supplement / long-form confirmations from counterparties, monitor and follow up in event of non-receipt  

•    Prepare manual confirmation and advice to clients. 

•    Monitor daily margins for Listed Options to ensure sufficient funds at custodian level. 

Other contributions

•    Complete all necessary Compliance training to maintain appropriate business and compliance level of knowledge and understanding to be fully competent to undertake the role.

•    To keep operational errors to a minimum by adhering strictly to internal procedures and observing applicable banking and regulatory requirements. 

•    To be well versed in the department’s and one’s role in the bank disaster recovery / BCP strategy and actively participate in BCP tests to ensure operational readiness.

What is required for you to succeed?

•    One year of experience in back office or support role is preferred.

•    Ability to collaborate.

•    Attention to details, client focused. 

•    Adaptable to changes.

•    Analytical ability. Candidate with this skill or experience is preferred: Intermediate level of competency in scripting Excel VBA Macros and formula with Excel data tools to simplify and automate tasks.

Required education/certification/licenses

•    Degree in Business or Finance

About BNP PARIBAS

As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance. 

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

•    BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community

•    BNP Paribas MixCity which fosters better representation of women at all levels of the organization

•    Ability, the mutual aid network for employees with a disability or a disabling or chronic illness

•    BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

https://careers.apac.bnpparibas/

More information 

BNP Paribas - Diversity & Inclusion Journey

BNP Paribas - The Bank Of Green Changes

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year