The Global Markets Officer role sits in the PB Client & Trade Service team within Global Market Operations. The purpose of the role is to provide a premium service to Cash Agency & PB clients and the Front Office acting as the single point of contact regarding post-trade management and daily operational activity across all asset classes the Desk trades. By leveraging the synergy from client services and trade support functions, the team is also coordinating production & issues solving with all internal Operations departments aiming to be more client-focus and to improve turnaround time, services quality and client relationship management.
Supports the Synthetic Prime Brokerage, Cash Prime Brokerage, Cash Agency and Delta 1 business lines
F2B SME Escalation Point, Business Facilitation, Strategic Deliverables and Control Functions
The Officer Partnership with Trade Support whereby the Trade Support & Settlements team is an extension of the Officers who also perform an overview function.
Escalation point and liaison for bespoke RTB issues from Operational layers and Front Office
Assist with escalated P&L Queries and Issues from Finance
Attend regularly occurring meetings with Operations utility groups & review and monitor of MIS (Trade Capture & Reconciliation)
First point of contact for New Business Initiatives
Perform T-Zero Controls
Perform high risk actions to ensure smooth settlement of trades, and resolve escalated breaks
Liaise with clients as and when required to ensure smooth settlement of trades
Perform complex high risk reconciliations which require close communication with Front Office
Provide information upon request by the Desk
Provide Desk support for all queries regarding Corporate Action bookings
Create, analyse and communicate all KPI’s
Participate to global projects related to BNPP PB processes improvements
Participate to local projects related to systems migrations. Identify issues, raise enhancements and contribute in testing of requirements
Active follow up on updating procedure documentation
Other contributions
Be solution-oriented with strong diagnosis and problem-solving skills.
Bring solutions to new business initiatives for development
Propose process improvements to improve client journey.
Contribution to BNPPs operational control framework
Minimize operational failure, including but not exclusively the risk of fraud by helping to devise and by implementing sufficient regular controls
Ensure appropriate escalation to management and/or permanent control (or compliance as appropriate) as soon as an issue is identified.
Comply with internal and external regulatory and compliance requirements
Comply with the BNPP standards of Code of Conduct
Comply with the BNPP IT Security policies
Anti-Money Laundering / Financial Sanctions “AML/FS”) related duties: Operations are an integral part of the control framework including for AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision.
What is required for you to succeed?
A thorough understanding of financial markets and Global markets products. Strong equity derivatives and FX products knowledge (including the Front-To-Back workflows, corporate actions and the product event management)
Proficiency in Excel
Excellent influencing and relationship-building skills.
Drive for results – Delivers high quality work.
Risk awareness – Demonstrates a good awareness of operational risk management. Always considers risk in his/her daily activities and abides by the operational responsibilities, where relevant.
Corporate role model, integrity & ethics – Acts with discipline and high ethical standards.
Team player & cross cultural awareness – Works effectively in a team. Collaborates and shares information and solutions with colleagues, with other teams and stakeholders.
Client focus – Sees stakeholders as well as external clients as customers.
Not afraid to question processes and current system flows.
Desired knowledge, skill, experience
Previous experience in PB industry in Trade Support or Operations role (with equity background) is preferred
Experience with Traiana and related 3rd party products advantageous
About BNP PARIBAS
BNP Paribas is a top-tier European and international banking establishment, with an uninterrupted presence in the APAC region since 1860 and in Australia since 1881. Combining global expertise and local know-how, BNP Paribas in Australia and New Zealand delivers solutions to our clients through Corporate and Institutional Banking and Asset Management - a bridge between corporate and institutional clients.
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.
If you require any reasonable adjustments during the recruitment process, please feel free to reach out to us at bnpp.hrss.recruitment.operations [at] asia.bnpparibas (dot) com or +61 2 9216 8633 (and ask for the Talent Acquisition Manager in the HR Team).
Discover the different professions within BNP Paribas: Operations Management
Those who work in Operations Management roles are essential to the smooth-running of our Group, and work consistently to satisfaction to our clients and teams. These roles offer stimulating careers that combine efficiency with a strong collaborative spirit.
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.