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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