BNP Paribas is a leading European bank with an international reach. It has a presence in 72 countries, with more than 202,000 Employees – including more than 154,000 in Europe and over 5,000 in Portugal alone.
BNP Paribas is present in Portugal since 1985, having been one of the first foreign banks to operate in the country. Today, BNP Paribas has several entities operating directly in this territory, offering a wide range of integrated financial solutions to support its clients and their businesses.
Worldwide, the Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
The G10 Rates Flow Profit & Loss (P&L) team, as part of the Global Markets Product Control, provides a full and dedicated support to the G10 Rates business Line. The bank has a substantial trading presence in London, New York and Singapore.
The G10 Rates Flow trading desk main goals are to satisfy client needs and provide liquidity in the Swap market as well as other Fixed Income related products.
It will be required to establish effective working relationships with both Front Office and other areas of support (e.g. Back Office, Market Risk & IT). This will allow for an integrated and proactive approach to the business’ requirements.
ROLE AND RESPONSIBILITIES
Produce Daily and Monthly P&L based on the Middle Office P&L systems.
Reconcile Official Middle Office P&L to Front Office estimates.
Analyse, understand and write commentary on P&L using analytical tools.
Work with Front Office or Trade Support to resolve booking issues.
Close liaison with the traders to ensure the timely and efficient resolution of their queries.
Participate in business development initiatives across BNP Paribas support functions and locations.
BSc degree in Finance, Business or related areas
Up to 2 years of professional experience
Good knowledge in English
Good knowledge of FX and Interest Rates products within fixed income.
Strong interpersonal and communication skills.
Strong Excel/PC skills, VBA skills (plus).
Strong desire to learn the processes and products.
BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
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.