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Assistant Vice President - MO Corporate Actions & Index Tracking Specialist

Type de contrat

Standard / Permanent


US-NY-New York

Métier / fonction




Business Overview:
BNP PARIBAS, one of the major banks in Europe with a strong presence throughout the world, is a leader in Global Equities & Commodity Derivatives. As part of this activity, the Middle-Office is an important component, with teams established in the major financial places (New-York, London, Tokyo, Hong-Kong and Paris). The main missions of these teams are:
  • The management of operations in the booking systems,
  • The follow-up of client billing and reporting,
  • The reconciliation of positions between FO and booking systems,
  • The calculation, explanation and analysis of the daily profits and losses including reconciliation with Financial accounting results,
  • The management of the referential data,
  • The management of relationships with Back-Office and Custodians,
  • The management of Corporate Action events and advice to FO teams.
These missions are accomplished through a close relationship with Back-Offices, Traders, Sales, IT and Business Analysts.
In this context, the GECD Corporate Actions and Index Tracking is a key component of New York GECD Middle Office. The team covers all the activities related to Global Equity business in North America as related to corporate actions and index tracking, which includes Equity and Commodity Derivatives, both Flow and Exotics, whether in Proprietary Trading, Agency or Prime Brokerage roles.
The position is as a Global Markets Operations-Corporate Actions and Index Tracking (CAIT) specialist in New York. The selected candidate will report to the CAIT Team Manager. The role will encompass daily corporate action, and index tracking responsibilities and the successful candidate will need to fully understand and explain corporate action workflows, and US index composition and rebalancing. The individual will be required to establish effective working relationships with both Front-Office and other areas of support. (e.g. Market Risk, Finance & IT) - allowing for an integrated and proactive approach to the business’ requirements, understanding the lifecycles of the products traded and the systems and reporting mechanisms required to enable full control and accurate and appropriate information to be supplied. 
Within the functions support of capital markets, Middle-Office Referential/CAIT insures the management of:
  • Manage equity indices in firm's internal systems for trading.
  • Create index simulations for trading when index providers announce corporate actions.
  •  Work with IT to develop index composition upload scripts to automate index constituents uploads into BNPP systems.
  • Forecast trading impact due to corporate actions on constituents of BNPP licensed indices.
  • Alert Front Office Trading and Middle Booking teams of all current and forecasted corporate actions.
  • Liaise between front office and back office of voluntary corporate actions elections by front office.
  • Coordinate meetings with front office and back office to explain details and impact of major/complex corporate actions.
  • Maintain (update, reconcile, and ensure consistency) cash dividends in all BNPP booking systems.
  • Manage projects designed to improve daily trading operations.
  • Answer and fulfill all requests by clients (front office and middle office).
  • Direct contribution to BNP Paribas operational permanent control framework.


  • Strong academic background required - undergraduate Degree in Finance  
    • Graduate degree a plus
  • At least three years of relevant financial industry and product experience
  • Deep understanding of index methodology - simulating monthly/quarterly rebalances, corporate action reshuffles, dividend reinvestments, price adjustments.
  • Deep understanding of North and South American equity markets, particularly as related to corporate actions and dividends.
  • Strong interpersonal and communication skills
  • Strong Excel/PC skills with proven ability to work with multiple systems
  • A successful candidate will need to demonstrate strong desire to learn and grow in GECD Middle-Office.
  • Ability to work in a fast paced environment and an ability to consistently meet deadlines
  • Attention to detail and accuracy imperative

FINRA Registrations Required: 

  • Not Applicable