We are looking for

SLAB Trader

Job Title:

Japan SLAB Trader 

Date:

15 March 2024

Department:

Prime Trading

Location:

Tokyo

Position Purpose

Provide a brief description of the overall purpose of the position, why this position exists and how it will contribute in achieving the team’s goal.

Trader for Prime Trading Japan – Inventory Management Desk.

General product knowledge for Equity Stock Loan and Borrow.

Understanding of usage of Excel, Bloomberg. 

Successful candidate will be proactive, diligent, hardworking, detail oriented, team player and a strong communicator.

Responsibilities

Description

SLAB Trader

*Contribute to the SLAB and Synthetic PB trading activities so as to achieve and enhance budgeted Group PNL.

*Manage and monitor firm's inventory, providing daily color on stock borrow levels, recent trends and analysis and be up to date with regulatory requirements and changes.

*Build and maintain relationship with all offshore lenders, onshore lenders / brokers and brokerage houses. Borrow and lend securities from such external counterparts and identify matchbook opportunities.

*Onboard new counterparty in order to enhance the variety of the inventory.

*Positions and PNL must be reported, checked and explained daily.

*Identify corporate action opportunities from working closely with corporate action team and liaise with external lenders and risk counterparts to bring borrow in and monetize.

*Participating in projects and implementation of new trading tools and platforms. Maintaining an efficient trading/IT environment with a controlled, agile, optimization mindset.

*Improve working relationship between SLAB and Sales Traders and leverage BNP’s cross asset existing strengths (such as stock inventories, competitive financing, access to large number of markets, strong in-house execution capacity to creating more business opportunities.

*Understand Prime business offerings and assist to promote PB platform, in particular cash PB & synthetic flow. Liaise with origination sales and client service representatives to conduct stock borrow loan teach ins and PB Portal securities lending demos etc.

Technical & Behavioral Competencies

- Basic knowledge in finance theory and basic skill in MS Excel, PowerPoint, and Word.

- Japanese and business level English.

- Strong commitment, open-mind, proactive and positive attitude.

- Good Team Player.

Specific Qualifications (if required)

Skills Referential                                                                    

Behavioural Skills: (Please select up to 4 skills)

Attention to detail / rigor

Client focused

Ability to collaborate / Teamwork

Ability to deliver / Results driven

Transversal Skills: (Please select up to 5 skills)

Ability to develop and leverage networks

Ability to develop others & improve their skills

Ability to anticipate business / strategic evolution

Choose an item.

Choose an item.

Education Level: 

 Bachelor Degree or equivalent (3 years)

Experience Level

At least 3 years

Other/Specific Qualifications (if required)

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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.

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