BNP Paribas Asset Management (“BNPP AM”) is the investment arm of BNP Paribas, a leading banking group in Europe with international reach. At BNPP AM, we aim to generate long-term sustainable investment returns for our clients, based on a unique sustainability-driven philosophy. This philosophy has shaped our firm and directs all we do: our strategy, our culture, our structure, our products and our processes; the way we engage with our clients and our role in influencing the companies and the markets we invest in.
Role Description and Purpose
We have an excellent career opportunity for a Fixed Income Trader in our New York office. Individual will be responsible for the day- to- day execution of Fixed Income orders identified by Portfolio Management. The Global Trading Function is part of the Investments Division within BNP Paribas Asset Management devoted to Trading, Market Solutions and COO & Sell Side Relationship Management. The trading team covers the globe with desks located in Asia, Europe and the U.S. In the US, the Global Trading Function operates a Multi-Asset trading desk physically split between Boston and New York. Although traders are expected to trade Multi-Assets, we are looking to expand our Fixed Income expertise to complement existing experience in Equities, FX, Listed Derivatives and ETF’s.
Key Responsibilities:
Strong trading expertise on Fixed Income products.
- Fixed Income: Credit IG and HY, Rates, Emerging Markets, Money Markets.
- OTC Derivatives: IRS, ILS, index and single name CDS, Swaptions, TRS.
- Listed Derivatives.
- Foreign Exchange (Spot, Forward, Swaps and Options).
- Working knowledge across Equities, ETF’s a plus.
Build true partnerships with Investment teams.
- Seek optimal client satisfaction through execution, communication and true understanding of PM needs.
- Play an integral part of a ‘value added’ basis to investment process by leveraging market knowledge and counterparty contacts to improve performance and influence outcomes.
- Share market intelligence with 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.
Key Relationships
- Internal: Portfolio Management
- External: Brokers / counterparties
Essential Qualifications & Experience
- Minimum of 5 years’ trading experience on Fixed Income cash and derivatives.
- Proficiency in trading platforms such as Bloomberg, BidFX, FXAll, Tradeweb, MarketAxess, and Portware.
- Strong appetite for improving trading workflow via digitalization and automation.
- Good knowledge of connectivity and OMS systems (Aladdin experience would be ideal).
- Strong computer skills, with advanced skills in Excel and Bloomberg API.
- Knowledge of VBA, Python or Tableau Software.
- Formulate, analyze data and perform quantitative analysis from large data set. Ability to review and analyze data to improve results.
- Strong culture of compliance and risk management.
- Bachelor’s Degree in Finance, Engineering, Math, Accounting or a related discipline coupled with excellent academic credentials.
Essential skills / competencies (Technical/behavioral/leadership)
- Minimum of 5 years’ trading experience on Fixed Income cash and derivatives.
- Proficiency in trading platforms such as Bloomberg, BidFX, FXAll, Tradeweb, MarketAxess, and Portware.
- Strong appetite for improving trading workflow via digitalization and automation.
- Good knowledge of connectivity and OMS systems (Aladdin experience would be ideal).
- Strong computer skills, with advanced skills in Excel and Bloomberg API.
- Knowledge of VBA, Python or Tableau Software.
- Formulate, analyze data and perform quantitative analysis from large data set. Ability to review and analyze data to improve results.
- Strong culture of compliance and risk management.
- Bachelor’s Degree in Finance, Engineering, Math, Accounting or a related discipline coupled with excellent academic credentials.
Conduct
- Be a role model, supporting and fostering a culture of good conduct.
- Demonstrate proactivity, transparency, and accountability for identifying and managing conduct risks.
- Consider the implications of your actions on colleagues, partners, and clients before making decisions and escalate issues to your manager when unsure.
What’s in it for you.
Your engagement to unlock your potential and deliver high performance will be the driving force that will enable you to benefit from all that BNPP AM has to offer. As a Company, we recognize the value of Emotional Intelligence in the workplace as it enables effective collaboration, motivation, wellbeing, job satisfaction and sustainable performance at work. Culturally, we are more human than corporate so while high performance and strong expertise is a given, we value trust, empathy, and empowerment.
In return, we can offer you things that money cannot buy:
- Dynamic career opportunities across the globe.
- Volunteering initiatives to support our local communities and connect with our colleagues.
- The opportunity to contribute to our award-winning Sustainability efforts and join our community of Future Makers.
- Access to a robust wellbeing program including mental health support and resources.
- An award-winning online learning and development platform.
- Hybrid working.
- A diverse and inclusive working environment where you can be your authentic self.
Physical presence in office is an essential function of this position. This role has the flexibility of being hybrid, consisting of an in office and remote working component.
The expected starting salary range for this position in New York City is between $145,000 to $180,000 annually. Actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.
Our firm 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.
