About the job
- Provide high-quality service on execution of client orders on equities, bonds, Exchange-Traded Funds (ETFs), listed derivatives (and vanilla equity Over-the-Counter (OTC) derivatives for a limited number of clients) for BNP Paribas Wealth Management International Markets clients
- Ensure monitoring of transactions’ processing and related risks involved in execution activities
Your Main Activities Are
- Execute orders for the Bank’s clients within laws and regulations applying to this activity (best execution, best selection, internal procedures, code of conduct, work ethics, among others)
- Ensure that all traded products are approved products for the Bank, and that transactions are executed with approved Brokers
- Contribute to dealing coverage on selected local bank holidays, to ensure the desk’s execution ability on open markets
- Know and apply relevant procedures in case of operational errors
- Actively contribute to search for and selection of execution brokers
- Ensure transaction control and execution of orders from Direct Access Clients
- Contribute to the drafting of market comments prior to market opening, as well as newsflash related to major market events
- Contribute to selected technical tasks (trading support, Order Management System (OMS)), including evolution over time as required by clients and monitoring of related Information Technology (IT) developments
- Report issues and trading errors to local management as well as, where required, to the Advisory Management team
- Act as a liaison with other functions: Middle Office, Back Office, Counterparties, among others
Profile and Skills to Success
- Bachelor’s or Master’s degree in finance or equivalent
- At least 2 years of experience in a similar position
- Knowledge of financial markets and financial instruments
- Excellent analytical skills
- Excellent communication skills, verbal, written and listening in English
- Strong analysis capacity, rigor and accuracy, dynamism, autonomy, organization, and responsibility
- Ability to work under pressure and commit to deadlines
- Strong interpersonal working relationships
- Able to adapt to a fast pace and multi-cultural environment
- Passion, tenacity, and resilience in an ever-changing environment
About the Team
- Since 2015, BNP Paribas Wealth Management (BNPPWM) has a competences center in Lisbon named the Portugal International Markets Hub (PIMH). This center manages certain activities for the International Markets (IM) sites of BNPPWM namely Switzerland, Luxembourg, Germany and Monaco
- BNPP Wealth Management teams are currently growing in Portugal. This is a very interesting opportunities to join the growing PIMH family a dealer for equities, ETFs, bonds, and listed derivatives
- Starting Q3 2020, BNPP WM PIMH Execution Desk (the Desk) oversees executing, on the various authorised markets where the Bank operates orders from Wealth Management private clients on the following instruments: Equities & ETFs (>80’000 transactions annually), Bonds (~20’000 transactions annually), Listed derivatives (~15’000 transactions annually)
- The team operates on an 7:00-21:30 rolling basis. Some sophisticated private clients have a direct access to the Execution desk to place orders directly with a Dealer
- The team operates on all major markets (Asia, North and South America, Europe, among others)
#LI-Onsite
Why joining BNP Paribas?
BNP Paribas, the European leader in banking and financial services in Europe, operates in 64 countries and has nearly 180,000 employees. The Group is structured around three operating divisions. Its business lines cooperate closely, as part of our integrated model, to meet the needs of all our clients in a coordinated manner:
- Corporate & Institutional Banking (CIB), connects corporate clients needing financing and institutional clients looking for investment opportunities;
- Commercial, Personal Banking & Services (CPBS), brings together all the Group’s commercial & personal banking and several specialised businesses;
- Investment & Protection Services (IPS), combines a unique continuum of products and services across protection, saving, investment and real-estate.
Our presence in Portugal
In Portugal since 1985, BNP Paribas today has more than 9.700 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 excellence centers 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 Employee Value Proposition and our 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.
