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We are looking for

OTC Derivatives - Fixing Officer

Apply REF: 1903GMOCM2308
BNP Paribas is a leading European bank with an international reach. It has a presence in 73 countries, with more than 192,000 employees – including more than 146,000 in Europe and over 4,000 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
 
BNP Paribas Fixed Income business is made up of over 2,000 people around the world. It is one of the leading market participants in the Fixed Income world.
 
It offers a broad set of client products: Interest rates, credit & foreign exchange.
 
The OTC DERIVATIVES Back-Office teams are in charge of ensuring the proper booking and settlements of Interest rates derivatives Operations for FI activities worldwide and ALM Treasury global activities booked in Murex (clearing, custody, corporate actions) in compliance with internal procedure and external regulators.
 
Within the “OTC Derivatives Fixing Team” you will handle interest rates for OTC derivatives in collaboration with the others Back Office teams in Paris and trading room operators. 
 

Role and responsibilities

  • Monitor daily fixing of OTC rates derivatives for capital market operations.
  • Control the daily update of market rates on behalf of Front Officers using official rates published by Reuters, Bloomberg and Central banks
  • Participate to the creation of new rates in collaboration with Front Officers and IT teams
  • Create excel spreadsheets for the calculation of exotic rates (inflation, power dual, ratchet, range accrual…)
  • Solve interest discrepancies before payment date and participate to the investigation of payment incidents.
  • Monitor and reprocess fixing advices when necessary
  • Contribute to projects increasing the automation rate and improving the quality of services

Profile

  • Degree in Finance, Economy or Management
  • 0-3 years of experience in Capital Market Back Offices
  • Knowledge of rate derivatives products and operation processes
  • Proficiency in computer skills, particularly in the use of Microsoft excel, knowledge of VBA is a plus
  • Fluent in English
  • Knowledge of French is a plus
  • Knowledge of financial mathematics is a plus
  • Control oriented profile with strong analytical and problem solving skills
  • Proactive, motivated and willing to absorb new concepts in a challenging environment
  • Rigorous, well-organized with a structured and logical approach
  • Team spirit

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.

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.
Primary Location: PT-11-LisbonJob Type: Standard / PermanentJob: OPERATIONAL EFFICIENCY TRANSFORMATION AND BUSINESS ANALYSISEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: Not IndicatedSchedule: Full-time Behavioural competency: Ability to collaborate / TeamworkTransversal competency: Analytical Ability