Company purpose:
Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.
Our employer promise is built around three pillars:
• Being a great place to work
• Committed to sustainability and having a positive impact
• Being dedicated to the development of our people
Business area
BNP Paribas’ Global Markets business offers a broad range of products and services in the global interest rates, 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 organisations.
The Liability Management team is responsible for advising on, structuring and executing transactions involving the restructuring of publicly listed securities. Such transactions include buybacks, exchanges or amendment to the terms of existing capital markets instruments. The four person team is well established as a market leader in this area.
The team sits within the Solutions Group, which is the advisory and structuring platform for BNP Paribas’ Primary Markets - Fixed Income group.
The team work closely with Debt Capital Markets Coverage Officers, Senior Bankers, Syndicate and Legal by providing or co-ordinating specialist input for each stage of a transaction.
Job purpose
Purpose: As an Analyst in the Liability Management team, the role holder will be accountable for providing support to more senior team members on tasks related to the structuring activity carried out in the team. They are expected to develop technical expertise and experience with creating and marketing relevant products through their work with more experienced colleagues.
Scope: EMEA
Key responsibilities
- Accountable as an entry level professional within the Liability Management team, responsible for providing support through the completion of transaction oriented tasks, including assisting with:
- Participating in the end-to-end marketing process (working with appropriate GM teams), as well as in trade execution (interaction with syndicate, sales, trading, research etc.)
- Building and using financial models (cash flow, NPV, breakeven, accounting tests, pricing models, etc.)
- Contributing to the development of new products and solutions
- Maintaining necessary databases to support work in the team, and utilising internal and external data sources to produce relevant presentations, reports and commentaries.
- Preparing and distributing periodic press and news articles on topics of particular interest to the team.
- Utilises knowledge in the team to understand relevant technical concepts relevant to products developed by the team, and develops personal understanding of such products. Applies technical knowledge and best practice to all activities, and helps to identify potential process improvements to ensure the efficiency and effectiveness of the support provided both personally and the team.
- Continues to develop basic skills related to the role and the wider Liability Management team, operating under the supervision of more senior staff. Builds strong internal working relationships within the team and other relevant teams to support work and development.
- Works primarily on tasks that require limited guidance under own initiative, but with readily available supervision. May also be required to support with other more complex tasks with suitable guidance.
- Accurately completes tasks with attention to detail, and succinctly delivers information to team members to support their work.
- At all times complies with all applicable legal, regulatory and applicable internal compliance requirements (including the Code of Conduct).
Requirements
- Technical and broad understanding related to Debt Capital Markets / Liability Management required. University degree or comparable qualification / business experience preferred.
- Interest in relevant markets with a capacity and willingness to continue to develop specific technical knowledge of products developed by the team, market and cross cultural awareness autonomously.
- Good written and oral language skills. Strong personal focus on accuracy and attention to detail.
- Capable of prioritising workload based on shifting business needs.
- Strong team player, capable of working well with colleagues from a range of backgrounds.
- Skilled in the use of a range of standard computer software, e.g. Microsoft PowerPoint, Excel (VBA/ Macro Level) and Word. Experience in using financial information systems and in-house risk / pricing tools and Bloomberg preferred.
And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).
A bit more about why you should join us
1. We’re a great place to work
We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)
We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:
• Generous holiday allowance of at least 26 days (plus bank holidays) – with option to buy and sell holidays.
• Valuable financial plans – a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
• Extensive wellbeing and mental health offering – one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
• Key onsite services and facilities in London – include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.
• Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.
* Subject to relevant caps
2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.
For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.
But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year - in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.
3. We believe in our people
We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.
We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally.
Investing in our people also means we have a collaborative and inclusive culture:
• Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
• Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our:
Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.
Equal opportunities
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other legally protected status.
Adjustments
We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.
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