Keywords: CRF (Credit Repo Financing), TRS (Total Return Swap)
About the job
Provide accurate, timely and value‑added support for the CRF/TRS desk by managing trade booking, life‑cycle events, client‑facing inquiries and periodic processes, while continuously improving tools and procedures.
Your Main Activities Are
- Trade & Booking Operations – Manually book client bond, loan and TRS trades on the trade date, handle trade life‑cycle events (cashless rolls, corporate actions, tranche splits, amendments, cancellations), and ensure correct posting of monthly resets, pay‑downs and fee accruals
- Client & Front‑Office Support – Act as the primary point of contact for front‑office queries relating to cash‑flow reconciliation, position reporting, settlement issues, SWIFT and lender‑notice enquiries. Produce and distribute daily/weekly operational reports to traders and sales
- Middle‑/Back‑Office Coordination – Liaise with loan middle‑ and back‑office teams to resolve settlement mismatches, payment breaks and data‑quality issues. Represent the desk on regular cross‑functional calls (weekly settlement reviews, month‑end close)
- Process & Control – Document standard operating procedures, ensure role responsibilities are clearly understood, and follow the Bank’s permanent control framework. Escalate incidents promptly and support internal audit activities
- Tool Development & Continuous Improvement – Identify automation opportunities and develop tools (e.g., VBA, Python macros) to streamline repetitive tasks. Propose and implement process enhancements that increase efficiency and data integrity
- Collaboration & Knowledge Sharing – Work closely with the on‑shore (London) team and other global offices to maintain consistency of practice. Assist junior team members and contribute to ad‑hoc projects as required
- Compliance & Training – Complete all mandatory compliance trainings on schedule and apply the knowledge daily. Stay up‑to‑date with regulatory and internal policy changes affecting the business
Profile and Skills to Success
- Academic background – Degree in Finance, Economics, Mathematics or a related discipline
- Interest in Financial Markets – Genuine enthusiasm for financial markets, with a focus on credit products, repos and total‑return swaps
- Analytical mindset – Strong reasoning ability, natural curiosity and a proactive approach to problem‑solving
- Communication – Fluency in English and the capacity to explain operational issues clearly to traders, sales, clients and internal partners
- Attention to detail – Proven track record of accurate data handling, documentation and reconciliation
- Ethics & integrity – High professional standards and strict adherence to the Bank’s compliance and control framework
- Resilience & autonomy – Comfortable working under pressure, meeting tight deadlines and managing multiple priorities independently.
- Self‑starter attitude – Entrepreneurial spirit, comfortable taking ownership of tasks and eager to learn new skills
- Coding competence (highly valued) – Ability to use VBA, Python (or similar) to automate routine processes, build simple tools and improve data quality. While not mandatory, demonstrated coding experience is a strong differentiator
About the Team
The Trading Assistant team is the operational backbone of the Credit Repo Financing (CRF) and Total Return Swap (TRS) business. Based in Lisbon (working on US‑hour shifts), we work hand‑in‑hand with traders, sales, loan middle‑ management to ensure a seamless “pre‑trade → post‑trade” experience for our clients. The role offers high visibility across the Global Markets division and frequent interaction with front‑office (FO), middle‑office (MO) and back‑office (BO) stakeholders.
Work‑hour model: The position is based in Lisbon while following U.S. business hours to align with the desk’s requirements. Typical shift patterns are 11:00 – 20:00 or 13:00 – 22:00 (local Lisbon time) depending on desk necessity.
#LI-Hybrid
Why joining BNP Paribas?
· Leading banking institution
BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.
· Our presence in Portugal
In Portugal since 1985, BNP Paribas today has more than 8.700 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.
· International reach
Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions:
- Retail Banking, a division that brings together all of the Group’s retail activities and specialised business lines;
- Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services;
- Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.
· Diversity and Inclusion commitment
BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
· Commitment towards work/life balance
At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.
· 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 modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices.
To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal
* 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.
