FX Currency Hedging Analyst

About the Job 

• The analyst will be within the Market Financing and Overlay Services (MFOS) department. He will be working with the team in charge of the Passive Currency Overlay Management (PCO) or known otherwise as “Share Class & Asset Hedging”
• Our activity consists in:
• Production Management on behalf of our existing clients : Market data reception and analysis, hedge calculations and FOREX executions
• Management of the On Boarding process for both new prospects and existing clients, new and additional business 
• Constant enhancement and upgrade of the production process through periodic launches of new functionalities 
• The candidate will demonstrate technical knowledge and critical thinking in a dynamic and fast paced environment. He will be trained on the Passive Currency Overlay business activity, discovering the fund industry, while learning about our business, positioned at the heart of market finance. He will also focus on building communication skills to service clients and answer their queries  

Your Main Activities Are

• Your missions will be mainly focused around the Passive Currency Overlay daily production process and client service. The main tasks are the following: 
• Ensure delivery of the daily production 
  1. Control, analyse & validate the data received from clients provider (Transfer Agent, Fund Accountant)
  2. Launch and monitor the automated order generation process in application of the client hedging guideline
  3. Control spot, forwards and swap orders generated by the system and investigate in case of warning 
  4. Follow-up on order transmission with appropriate desk; either BP2S desk as principal or client execution desk.  Follow-up post execution and accurate booking in the PCO Platform
  5. Launch and deliver client reporting 
• Monitor and maintain the PCO Risk control plan
  1. Control client credit risk limit and liaise with client management to request limit increase when necessary
  2. Ensure Global all controls of PCO control framework are done in a timely and effective manner 
  3. Participate in constant tools enhancement and renewal by maintaining macros and VBA tools
• Participate to PCO Team activity
  1. Participate to the different team meetings  : 
  2. Participate to the continuous training process to ensure skill sharing across the team 
  3. Contribute to the identification of improvement areas, suggest and follow up action plan to reinforce the PCO tasks and the control framework
  4. Participate to the preparation of new client on boarding in relation with the structuring team. 
• Engaging in different transversal projects
  1. Projects can be diverse in terms of topic, duration or scope or skills
  2. Ex: FOREX Credit Risk Management, Client Reporting support, Macro tools and coding enhancements, Client service enhancement, new product implementation… 
  3. Project selection will be done in close cooperation with your manager and will depend on your skills and areas of competence.
• Client servicing
  1. Answer clients’ questions and requests
  2. Accompany PCO clients in enhancing hedging service quality

 Profile and Skills to Success

• Bachelor's degree in Finance or similar
• Knowledge of Market Finance
• Between 3 and 5 years of relevant professional experience
• Advanced English level
• Proeficient of Excel 

• Confident and able to deal with senior managers & cross cultural teams
• Ability and agility to work under pressure

#LI-Hybrid

Why joining BNP Paribas? 

Leading player in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe 

The Group holds key positions in several areas of banking and financial services that are structured around three operating divisions: 

In Portugal since 1985, BNP Paribas today has more than 9.220 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 centres of expertise providing value-added services to various countries where the BNP Paribas Group also operates.

BNP Paribas ´ambition is to cultivate an open and responsive environment for all that encourages collaboration and interaction. We demonstrate our commitment by actively contributing to the Group’s Diversity and Inclusion strategy and goals, in line with the United Nations Sustainable Development Goals. As part of our local Corporate and Social Responsibility – Diversity & Inclusion strategy, BNP Paribas Portugal is committed to:

To foster the effort of BNP Paribas Portugal, multiple initiatives and events take place throughout the year where our people can find out more on the importance of diversity inclusion at the workplace and in our society.

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 options adapted to our hybrid working environment. To ensure a comfortable and efficient working setup, eligible employees are provided with both office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional items at reduced prices. 

Supporting employees in a hybrid way of working while providing them with the means to maintain a work-life balance is an essential dimension of our Smart Working program. At BNP Paribas, we care about our employees’ wellbeing and promote a culture of good integration between work and personal life. 

To find out more on why you should join BNP Paribas please read our Employee Value Proposition and our Career path page.

* 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.