We are looking for

VP/DIR- Credit Trader

Last update 05.02.2025

Responsibilities

  • Primary market maker & risk manager for Asian IG credit trading books (sector splits to be determined)
  • Market maker for Cash markets
  • Manage aggregate Asian IG risk & ensure risk positions appropriately sized and are within assigned limits
  • Continue to actively contribute to macro rates views for the Local CCY strategy

Conduct:

  • Operate within the BNPP compliance & regulatory framework outlined in the employee handbook & compliance manual
  • Compliance with individual mandates and Code of Conduct
  • Daily acknowledgement and sign off on ORUS
  • Comply with regulatory requirements and internal guidelines

Franchise:

  • Work closely with analysts & economists to develop a cohesive and targeted trading strategy for the sector
  • Collaborate with Analysts to jointly identify & position for marketable trade ideas
  • Work with Sales & Research to promote the franchise and ensure BNP code of best practices are adhered to
  • Regular attendance of daily and weekly risk meetings
  • Ensure an efficient backup system is implemented such that there is seamless coverage of trading responsibilities
  • Actively develop the Asian Credit Trading franchise across the Global Markets

People Care:

  • Mentoring
  • Participate in recruitment process when applicable

Contributions

Platform Development:

  • Promote working relationships with all associated groups ﴾including Analysts, Sales, back and middle office, Risk Management, IRM, Legal and Compliance
  • Coordinate with support groups to ensure complete "after the trade" processes ﴾settlements, operational and P&L reconciliation are completed accurately and efficiently
  • Direct contribution to BNPP operational permanent control framework & its implementation in day to day activities
  • Participate actively to the Asian Credit Trading platform development

About BNP PARIBAS

As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance. 

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

•BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community

•BNP Paribas MixCity which fosters better representation of women at all levels of the organization

•Ability, the mutual aid network for employees with a disability or a disabling or chronic illness

•BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

https://careers.apac.bnpparibas/

More information 

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year

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  • 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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