Business Overview:

The Group Legal N.A., Global Markets team provides transactional, structural, advisory and documentation support for BNPP’s Global Market businesses in North and Latin America and Canada, including with respect to Equity Derivative, Strategic Equity/Corporate Derivatives, Fund Financing, QIS, ISDA master agreements and other derivative products and trading documentation. 

Candidate Success Factors:

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

• Results and Impact
  • Able to influence peers and team.
  • Demonstrates good judgement when making decisions of high complexity and impact.
  • Exercise appropriate autonomy in the execution and delivery of work. 
  • Responsible for driving outcomes, which have a meaningful effect on the team or department.
• Leadership and Collaboration:
  • Creates trust with colleagues.
  • Acts in leadership capacity for projects, processes, or programs.
• Client, Customer and Stakeholder Focus: 
  • Able to build relationships with a mix of colleagues and clients.
  • Interacts regularly with management and department leaders.
  • Demonstrates the ability to influence stakeholders at the team level. 
• Compliance Culture and Conduct: 
  • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
  • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities: 

• Advise on, analyze and review complex flow/exotic and corporate and strategic equity derivative transactions including, but not limited to, affiliate/issuer hedging and monetization transactions, capped call and call spreads, structured forward and option transactions, 10b5-1/10b-18 plans, ASRs, structured buybacks, fund of fund financing and margin loans. 
• Review and negotiate exotic and flow equity derivatives transaction documentation, draft custom derivative and QIS templates, provide legal advice to front office personnel in relation to standard and bespoke derivatives transactions.

• Draft, review and negotiate master agreements including ISDAs, CSAs, MRAs, GMRAs, MSFTAs, Account Control Agreements and related derivatives documentation, as well as other financing and trading products documentation, with outside clients. 
• Escalate various negotiation points to business, risk, collateral, treasury and other internal functions for review and approval in connection with derivative transactions.
• Review clients’ formation documents to determine capacity and authority to engage in derivatives trading and review loan and security documentation to determine scope of security interests for hedging counterparties.
• Analyze derivatives trading-related legal and regulatory issues, including close-out netting, ERISA, Investment Company Act requirements, applicability of various U.S. and cross-border regulations including Dodd-Frank and Margin Rules, trading venue agreements, and discuss issues with internal stakeholders and clients.
• Maintain and update internal legal documentation databases and pipelines and attend status meetings and conference calls.
• Manage ad hoc projects as required.
• Work closely with GM Legal teams in NY, including, but not limited to, coordinating workload and training. 
• Assist in creating effective advisory, control and governance frameworks to design, implement and support automated and streamlined transaction execution. 
• Participate in industry working group calls (including ISDA) and update GM Legal teams and business management as appropriate. 
• Work with and manage external counsel.  

Minimum Required Qualifications:

Preferred Qualifications: 

• Not Applicable

FINRA Registrations Required: 

• Not Applicable 

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required): 

• Not Applicable 

SEC Security-Based Swap Dealer Associated Person:

• Not Applicable 

While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted.

The expected starting salary range for this position is between $190,000 to $245,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world. 

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential. 

BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never  send payments to or request payments from candidates for positions posted by BNP Paribas.