Business Overview:

BNP Paribas’ Global Markets (GM) business offers a broad range of products and services in the global interest rate, credit, currency, equities & commodity markets. Global Markets help their franchise of clients find effective ways to raise and invest capital as well as manage their exposure to risk. Their client base comprises of hundreds of corporations, institutional investors, banks, governments and supranational organizations.

Global Markets has the scale and reach to conduct business anywhere in the world and deliver products denominated in almost all of the world’s currencies. Their global network comprises more than 3,000 professionals working on our six main trading floors in London, Hong Kong, New York, Paris, Singapore and Tokyo. They are supported by regional offices throughout Europe, the Americas, Middle East and Asia-Pacific.

Responsibilities

Trade Booking, Processing, and Monitoring:

  • Booking and validation of transactions, reconciling with brokers where necessary, across flow and non-flow products (CDS Single Name, CDS Index, Tranches, Options, ETF, ABS, and CLO’s
  • Work with IT, Sales, MO, P&L, and Settlements teams to assist in resolving any queries.
  • Assist trading desk with all aspects related to post trade processing; including Option Exercises, Position Transfers, Trade Amendments/Cancels/Rebooks, and allocating trades.
  • Process Succession events and Corporate Actions.

P&L Predict and Risk Monitoring:

  • Monitor trading positions, risk, and system flows.
  • Contribute daily P&L estimates, produce risk explain and investigate differences with official produced P&L.
  • Produce EOD reports summarizing daily business, market movers, and trader comments for distribution to sales/trading.
  • Ad-hoc reports requested by trading desk.

General Responsibilities:

  • Report IT issues and processes requiring improvements
  • Document Daily Tasks and Procedures

Essential Skills/Competencies

  • Bachelor’s degree or foreign education equivalent in Finance, Economics, or Mathematics
  • Min. 4 years of experience in Global Markets, either in Front Office or Middle Office environment
  • Knowledge of Credit Flow Trading Products (Corporate Bonds, Treasuries, Single-Name CDS, Credit Indices)
  • Advanced excel and basic VBA
  • Attention to detail, good technical and communication skills
  • Experience supporting a trading or sales desk in a front office capacity.
  • Demonstrated knowledge of Credit Flow Trading Products (Corporate Bonds, Treasuries, Single-Name CDS, Credit Indices)
  • Knowledge of trade booking, validation, market lifecycle events, settlement and confirmation process for Credit Flow Trading Products.
  • Working understating of all applicable market regulations (EMIR, Dodd Frank, FINRA)
  • Demonstrated expertise using Excel and VBA to simplify and automate manual Front Office processes.
  • Knowledge of system architecture (front to back workflow, pricers and risk management systems) for Credit Flow Trading Products.
  • Client-focus attitude with stakeholders and end-clients (internal and external).
  • Strong sense of personal accountability, drive for results and delivers high-quality work.
  • Team player & cross cultural awareness: work effectively in a team, collaborate and share information and solutions with colleagues, with other teams and stakeholders.
  • Strong judgement, problem-solving and analytical skills.
  • Always act with the highest ethical standards.
  • Ability to work well under pressure and always with a professional attitude.
  • Strong attention to detail and communication skills

FINRA Registrations Required

Series 7 and 63

About BNP Paribas:

In the United States, BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities.  We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business.

BNP Paribas’ Corporate & Institutional Banking services corporate clients and institutional investors offering tailored solutions in financing, cash management, and advisory services to companies via Corporate Banking, in capital markets via Global Markets, and in securities custody and administration via Securities Services.  As the asset management arm of BNP Paribas, BNP Paribas Asset Management offers high value-added solutions to individual savers, companies, and institutional investors.

The bank employs nearly 14,000 people and has a presence in the country since the late 1800s in major cities including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver and Washington, DC.  

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 68 countries, with more than 193,000 employees.  The Bank offers a comprehensive range of banking, investment and financial services solutions through three main fields of activity: Retail Banking for the Bank’s retail-banking networks and several specialized 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, BNP Paribas 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.

We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

BNP Paribas. The Bank for a Changing World.

https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

Candidate Success Factors:

Candidates to be measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

  • Results and Impact
    • Impacts division and influences peers and team
    • Demonstrates good judgement when making decisions of high complexity and impact
    • Relies on limited guidance for most complex decision making
    • Is responsible for driving outcomes which have meaningful effect on team or department
  • Leadership and Collaboration
    • Creates trust with department leaders
    • Acts in leadership capacity for large projects, processes, or programs for a team
  • Client, Customer and Stakeholder Focus
    • Able to build relationships with a mix of intermediate and senior colleagues or clients
    • Interacts regularly with management and department leaders
    • Demonstrates the ability to persuade and influence stakeholders at the team level
  • Compliance Culture and Conduct
    • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts
    • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards”

*Physical presence in BNPP’s office(s) is an essential function of this position. BNPP requires all of our employees to be vaccinated in order to access its offices, subject to reasonable accommodations for reasons related to disability or religion

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Primary Location
US-PA-Chesterbrook
Job Type
Standard / Permanent
Job
MISCELLANEOUS
Education Level
Bachelor Degree or equivalent (>= 3 years)
Experience Level
At least 3 years
Schedule
Full-time
Reference
COO000303

Why should I apply?

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 may not be quite what you think? BNP Paribas business lines and careers are constantly evolving to meet the expectations of our clients and society as a whole.

  • 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.

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