As a top-tier European and international banking establishment, the BNP Paribas Group assists all of its customers – individuals, professionals, corporates and institutions – in bringing their projects to successful conclusion, through financing, investment, savings and protection solutions.
With a footprint in 63 countries and territories and 183,000 employees, BNP Paribas is positioned as the leading bank in the European Union as measured by balance sheet assets. Endowed with worldwide support capacities, the Group possesses platforms and leading business lines in Europe, as well as a strong presence in the Americas and the Asia-Pacific region. BNP Paribas Group’s activities are based on three operating divisions linking together a set of business lines and capabilities that address the specific needs of each of its customers, including individuals, entrepreneurs, SMEs and large corporate and institutional clients. The Group’s diversified and integrated model enhances cooperation between all its business lines and helps support each customer’s projects at all key stages of their lifecycle and development.
* excluding partnerships
BNP Paribas offers you an exciting career in an international business environment that is fast-paced, diverse and focuses on creating high-value relationships with our clients. We offer competitive salary and benefits, as well as a working environment where you’re valued as part of the team.
The Graduate Program is a comprehensive 24 month program designed to equip graduates with the technical skills and individual competencies to embark upon a successful career within the BNP Paribas Group. This opportunity includes a formal mentoring program, graduate community initiatives, relevant technical training and on-the-job learning from our senior managers and highly experienced team members.
Direct Responsibilities
Sales
Support the relevant staff to perform BAU Sales tasks under the guidance of relevant staff, including but not limited to preparation of marketing material, market research and analysis, trade execution and booking and reconciliation, and compilation
Utilize all BNPP programs and tools for client/internal trade activities and product offerings
Learn and develop professional client communication and marketing, both existing and new client base
Learn and develop bank’s product offerings to clients
Follow up / finalize trade flows, to responsibly carry out client trades
Assist to run regular news clipping, market data and other relevant market information under the guidance of the relevant staff
Support administrative and sales process/work for the team under the guidance of the relevant staff
Attend relevant OJT sessions to improve understanding on the financial market and products
Coordinate inter-departmental projects involving diverse stakeholders
Translate various corporate documents from Korean to English, vice versa
Utilize good computer skills (i.e. Microsoft Excel, PowerPoint, Word)
Comply with regulatory, contractual and internal authorized framework
Trading
Buy & sell a defined range of rates and FX instruments (as per desk mandate) for our clients and take positions on behalf of the bank within defined limits to facilitate client business
Provide market liquidity through market making in a defined range of FX and Rates instruments (as per desk mandate) and limits put in place hedging if appropriate
Monitor market news and events and evaluate the risk and opportunities for positions and strategy
Closely follow-up the counterparty risk and any potential excess of credit line all market risks and any limit excess
Booking
Ensure all pre-trade requirements are conducted (credit lines check in particular)
Ensure that all transactions are timely and accurately booked in appropriate capture systems
Ensure that all transactions are timely sent to middle office and / or back office
Work with operational support functions to facilitate and monitor the settlement process
Respond swiftly to any issues escalated from MO and BO staff
Index Contribution
Submitters and reviewers as well as their respective back-ups of the contributions are expected to comply strictly with the Group policy regarding their professional standards, as well as their duty to support the market integrity (Group Code of Conduct Principles). They are to comply with all local requirements prescribed by the Authority on such contributions.
Any attempts to manipulate submissions are subject to the disciplinary procedures, sanctions according to the Group policies.
Bonds end of day marking can be used for Iboxx contribution
PnL
Contribute to the daily P&L at the close of the day and facilitate its confirmation by Middle-Office
Prepare a P&L explain each day and escalate any unexplained elements to desk head for sign off
Provide management with accurate information to analyze the P&L structure
Monitor the level of broker fees ensure their relevance vis a vis the current market practice and desk activity
Work closely with the procurement group and Middle Office to minimize broker and custodian fees
Communication, Teamwork and Training
Maintain fluid communication with other front office teams
Demonstrate a high level of interpersonal and communication skills in a teamwork setting
Keep all Business Partners in the loop of major organization change that may impact the soundness of operations
Help Business Partners understand business priorities and requirements
Contribute to the continuous improvement of process and systems
Inform management of any major operational incidents, specific risks arising or P&L potential damage and any potential client related conduct/regulatory issues
Attend relevant regulatory and product/skill training and keep up-to-date with market issues
Compliance and Risk Management
Comply with regulatory, contractual and internal authorized framework
Work closely with compliance and legal in handling counterpart or exchanges complaints
Request a New Activity Committee or TAC to be held whenever required. Hold a Transaction Approval Process (AC) is whenever required or involve risk, compliance or LTMG when a transaction present an unusual risk
Report swiftly all operational incidents to Sales & Trading Business Management
Respect confidentiality and pay attention to detail
Technical and Behavioral Competencies required
Understanding financial market as entry level.
High level of work ethics and conduct mind set.
Basic knowledge of FX, Rates, Credit, Commodity and Fixed Income products and mechanism.
Experience and Qualifications required
Undergraduate / Post-Graduate
Communication Skills : English and Korean
About BNP PARIBAS
As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.
We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.
• BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
• BNP Paribas MixCity which fosters better representation of women at all levels of the organization
• Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
• BNP Paribas CulturAll which celebrates diverse backgrounds
BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.
Basically, why would you want to join BNP Paribas over any other company?
BECAUSE YOU'RE THE KIND OF PERSON WHO WANTS...
What if we told you that working in our Group isn’t quite what you might think? At BNP Paribas, we do a multitude of different jobs that are constantly evolving to meet the expectations of our clients and society as a whole. Whether through everyday tasks or major projects, doing one of our jobs means making a personal commitment to taking sustainable action.
Feeling good about your job means bringing your whole self to work and being who you are. It’s also about having the resources you need to achieve a healthy work-life balance. Both of these are major commitments at BNP Paribas.
At BNP Paribas, developing your skills is as important to us as it is to you. And the skills you learn with us will help you through the rest of your working life.
