About BNP Paribas India Solutions:
Established
in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP
Paribas SA, European Union’s leading bank with an international reach. With
delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7
global delivery center. India Solutions services three business lines:
Corporate and Institutional Banking, Investment Solutions and Retail Banking
for BNP Paribas across the Group. Driving innovation and growth, we are
harnessing the potential of over 10000 employees, to provide support and
develop best-in-class solutions.
About BNP Paribas Group:
BNP Paribas is the European
Union’s leading bank and key player in international banking. It operates in
65 countries and has nearly 185,000 employees, including more than 145,000 in
Europe. The Group has key positions in its three main fields of activity:
Commercial, Personal Banking & Services for the Group’s commercial &
personal banking and several specialised businesses including
BNP Paribas Personal Finance and Arval; Investment & Protection
Services for savings, investment, and protection solutions; and Corporate
& Institutional Banking, focused on corporate and institutional clients.
Based on its strong diversified and integrated model, the Group helps all its
clients (individuals, community associations, entrepreneurs, SMEs, corporates
and institutional clients) to realize their projects through solutions
spanning financing, investment, savings and protection insurance. In Europe,
BNP Paribas has four domestic markets: Belgium, France, Italy, and
Luxembourg. The Group is rolling out its integrated commercial & personal
banking model across several Mediterranean countries, Turkey, and Eastern Europe.
As a key player in international banking, the Group has leading platforms and
business lines in Europe, a strong presence in the Americas as well as a
solid and fast-growing business in Asia-Pacific. BNP Paribas has
implemented a Corporate Social Responsibility approach in all its activities,
enabling it to contribute to the construction of a sustainable future, while
ensuring the Group's performance and stability
Commitment to Diversity and Inclusion
At BNP
Paribas, we passionately embrace diversity and are committed to fostering an
inclusive workplace where all employees are valued, respected and can bring
their authentic selves to work. We prohibit Discrimination and Harassment of
any kind and our policies promote equal employment opportunity for all
employees and applicants, irrespective of, but not limited to their gender,
gender identity, sex, sexual orientation, ethnicity, race, colour, national
origin, age, religion, social status, mental or physical disabilities,
veteran status etc. As a global Bank, we truly believe that inclusion and
diversity of our teams is key to our success in serving our clients and the
communities we operate in.
About Business line/Function:
BNP
Paribas’ Global Markets division offers consistent client service and
innovative solutions for investment, hedging and financing opportunities
across asset classes and geographies, as well as cross-asset strategy and
economics to help our clients make informed decisions. Global financial
institutions, corporate clients, private banks and distributors trust BNP
Paribas Global Markets to provide offers based on their needs. With a wide
array of industry-leading services to choose from, the division offers
clients a complete suite of asset classes via a fully integrated platform and
is recognized globally as an industry leader.
Job Title:
PB Trading APAC
Date:
2024
Department:
Globe Prime Finance
Location:
Mumbai
Business Line / Function:
Equity Financing
Reports to:
(Direct)
Grade:
(if applicable)
NA
(Functional)
Number of Direct Reports:
NA
Directorship / Registration:
NA
Position Purpose
Synthetic
Equity Trading provides a quick and convenient way to gain delta one index,
sector and customized basket exposure. Clients can choose to access widely
recognized benchmarks through listed, index, sector swaps, and single stock
or customize a basket based on specific constituents and weightings.
Synthetic Equity Trading provides a quick and convenient way to gain delta
one index, sector and customized basket exposure. Clients can choose to
access widely recognized benchmarks through listed, index, sector swaps, and
single stock or customize a basket based on specific constituents and
weightings.
Responsibilities
Direct Responsibilities
-
Working closely with the Prime
Trading desk to learn the various parts of the Prime Services business at BNP
Paribas, developing an understanding of the front to back operations of the
business.
-
Assist Prime Trading desk with
risk monitoring tasks at end of day and perform P&L analysis for the
trading book.
-
Perform pay to hold management.
-
Perform trade reconciliations,
trade bookings tasks for the trading desk.
-
Develop tactical solutions using
Python/VBA to automate manual trading tasks.
-
Build automated tools for the desk
to monitor optimization trading opportunities from news or market
events (e.g. corporate actions)
-
Analyze and develop delta one
optimization ideas for the Prime Trading book.
-
Primarily dealing with Swaps,
Index and custom baskets.
Contributing Responsibilities
-
Engage with different teams (IT,
Operations, Finance) within BNP Paribas to work on projects to improve
business profitability and efficiency.
-
Develop tactical solutions to
automate and create efficiency.
-
Build automated tools for the desk
to monitor optimization trading opportunities from news or market
events (e.g. corporate actions)
Technical & Behavioral Competencies
-
Coding Skills (Python/VBA)
-
Quantitative analysis and problem
solving skills
-
Ability to work in a fast paced
environment
-
Communication skills
-
Team player
-
Demonstration of interest in the
financial market will be a plus
-
Role is for APAC coverage (early
IST)
Specific Qualifications (if required)
Skills Referential
Behavioural Skills: (Please select up to 4
skills)
Ability
to collaborate / Teamwork
Critical
thinking
Communication
skills - oral & written
Attention
to detail / rigor
Transversal
Skills: (Please select up to 5 skills)
Analytical
Ability
Ability
to develop and adapt a process
Ability
to understand, explain and support change
Analytical
Ability
Ability
to develop and adapt a process
Education
Level:
Choose an item.
Experience
Level
At
least 2 years
Other/Specific Qualifications (if
required)
na
