Business Overview:
The Equity Derivatives Structuring (Americas) is a multi-disciplinary team, centrally positioned within Global Markets Americas.
The Equity Derivatives Structuring Structuring team focuses on:
• Pricing, designing and transacting in financial derivatives, including advanced derivatives, as well as Quantitative Investment strategies and specific wrappers (swaps, structured notes, funds).
•Understanding market dynamics deeply with a view to find appealing investment strategies. Positioning those strategies with regards to market flows. Having a deep understanding of Exotics and Flow book positioning to understand how those strategies fit within the book.
• Acting as derivatives product specialists and generating quantitative analyses to answer requests by salespeople, traders and clients on such products, or initiate product ideas with salespeople, traders and clients.
• Researching designing and creating innovative derivatives products and quantitative investment strategies for clients.
• Marketing and creating marketing materials to present such innovative derivatives products and quantitative investment strategies for clients.
• Creating, programming and improving quantitative tools and software to perform the above structuring functions.
• Collaborating closely with functions on business related to equity derivatives or quantitative financial products: credit risk, market risk, compliance, legal, marketing and other teams as needed.
• Client types serviced include: Hedge Funds, Asset Managers, Pensions / Endowments /Foundations, Insurance Companies, Distribution, Corporates, both in theAmericas and worldwide.
Candidate SuccessFactors:
Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:
- Results and Impact
- Able to influence peers and team.
- Demonstrates good judgement when making decisions of high complexity and impact.
- Exercise appropriate autonomy in the execution and delivery of work.
- Responsible for driving outcomes, which have meaningful effect on team or department.
- Leadership and Collaboration:
- Creates trust with colleagues.
- Acts in leadership capacity for projects, processes, or programs.
- Client, Customer and Stakeholder Focus:
- Able to build relationships with a mix of colleagues and clients.
- Interacts regularly with management and department leaders.
- Demonstrates the ability to influence stakeholders at the team level.
- Compliance Culture and Conduct:
- Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
- Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
Responsibilities:
The successful candidate at the Vice President level will have a strong focus on the structuring of financial instruments with a primary focus on Complex Flow. The candidate will have a deep understanding on Equity Derivatives ecosystem and have a proven track record of deep technical understanding.
The candidate will design solutions, negotiate their pricing, represent them fairly to hedge fund portfolio managers, asset managers, pension fund managers.
Minimum Required Qualifications:
· At least 4year experience in Equity Derivatives Structuring,
· Strong technical skills including high proficiency with PowerPoint, Excel, and VBA.
· Strong coding& programming skills in languages such as Python, R and/or Matlab.
· Thorough understanding of financial derivatives and stochastic calculus.
· Strong Science or Engineering background, preferably Master's Degree in a quantitative or business relevant field.
· Experience financial modeling, quantitative finance, and statistical analysis of financial data.
· Multi-tasking skills.
· Ability to quickly respond to issues under pressure.
· Strong analytical skills and attention to detail.
· Strong interpersonal and communication skills.
· Strong interest in Finance, Financial Markets, and Quantitative Finance.
Preferred Qualifications:
· High GPA.
· Knowledge of Financial Econometrics.
· Knowledge of Machine Learning and Pattern Recognition.
· Knowledge of Bloomberg, Reuters / Refinitiv or similar market data tool.
FINRA Registrations Required:
Series 7 & 63
CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
SECSecurity-Based Swap Dealer Associated Person:
The expected starting salary range for this position is between $225,000 to $285,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.
In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid timeoff. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.
This application will remain open until a candidate has been selected for the role. There is no specific application timeline.
About BNP Paribas:
BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate& Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.
As an international company with a global footprint, the unique cultures and viewpoints of our team members are unintegral part of the fabric of BNP Paribas. We are a company with a purpose -to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impactand be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) LeadershipForum and Employee Resource Group (ERG) communities. We strive to be workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.
BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/
BNP Paribas is committed to providing a workenvironment that fosters diversity, inclusion, and equal employment opportunitywithout regard to race, color, gender, age, creed, sex, religion, nationalorigin, disability (physical or mental), marital status, citizenship, ancestry,sexual orientation, gender identity and gender expression, or any other legallyprotected status.
