Responsibilities
- Strong trading expertise in Listed Derivatives and OTC Products and preferably experience in trading Fixed Income products. Working knowledge across the following broad based list of products:
- Listed products include (not exhaustive) : Equity, ETFs, Futures and Options, Listed Open Funds (LOF), Fixed income
- Fixed Income: China Inter Bond Market
- FX Spot / Forward / Swaps / Options.
- OTC Derivatives: IRS, CDS, ILS, TRS, Swaptions.
- Manage relationships with Investment teams.
- Seek optimal client satisfaction through execution, communication, and relationships.
- Play an integral part on a ‘valued added’ basis to investment process by leveraging market knowledge and counterparty contact to improve performance and influence outcomes.
- Gather and report market intelligence to Portfolio Management teams.
- Manage relationships with brokers / counterparties.
- Maintain and develop strong, transparent and constructive relationships with brokers to obtain the best service for the firm’s clients.
- Perform control functions (level 1 controls) in line with BNPP AM policies
- Where necessary, gather information required to perform controls.
- Work with different teams (internal and external) to optimize reports used for controls thereby reducing manual work
- Review Transaction Cost Analysis (TCA) report on a daily basis where available and explain any major deviations to the desk head / direct reporting line for sign off. Where no TCA report is available, this may require the trader to preparing a P&L report each day.
- For all staff other than managers (permanent control aspects):
- Direct contribution to BNPP operational permanent control framework.
- Contribute to the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan
- Comply with regulatory requirements and internal guidelines
- Contribute to the reporting of all incidents according to the Incident Management System
- Ensure audit recommendations are resolved within the specific timeline.
Key Internal / External Relationships
- Internal: GTF APAC, Portfolio Managers, Risk and Compliance Teams
- External: Brokers, Vendors (eg, Hundsun), Regulators
Technical & Behavioral Competencies
- Analytical skills: Identifies all aspects of a subject and examines them in a critical way to construct a broad point of view.
- Accuracy: Constantly attentive to the precision and thoroughness of the information sent and to the quality of the work.
- Risk Management: Detects, analyzes and measures risks relating to activities in the organization and marketplace.
- Communication skills: Expresses his / her messages, both orally and in writing, in an effective, organized way.
- Teamwork: Knows how to work in a team and/or across teams, acts bearing common interests and respect for fellow team members.
- Taking Initiative: Works proactively and independently, implementing work processes, ideas and solutions.
- Results-Driven: Seeks to achieve the objectives set within the defined timeframe, continuously seeks optimum performance.
- Willingness to learn : Trading in multi assets; ability and willingness to learn to trade in different asset class.
