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Assistant Vice President - OTC Trade Support Senior Analyst


Standard / Permanent


US-PA-King of Prussia

Job function




BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 75 countries, with more than 189,000 employees, including more than 146,000 in Europe. 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, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

About BNP Paribas Corporate and Institutional Banking

Fully integrated in the BNP Paribas Group, BNP Paribas Corporate and Institutional Banking (CIB) is a leading provider of solutions to two client franchises: corporates and institutionals, and operates across EMEA (Europe Middle East Africa), APAC (Asia Pacific) and the Americas. The bank is a global leader in Debt Capital Markets and Derivatives. It is a top European house in Equity Capital Markets and it has leading franchises in Specialized Financing. In Securities Services, it is a top five House worldwide. BNP Paribas CIB strives to service the global economy by providing solutions to its clients in financing (ECM, DCM, specialized financing), flow banking (trade finance and cash management), financial advisory (M&A, project finance), global markets (interest rates, credit, foreign exchange, equity derivatives), risk management, and securities services.
Business Overview:

Middle Office Operations provides trade and settlement support services to asset management clients in line with established operational procedures and client agreements.  A Global Trade Support Analyst is responsible for the capture and matching of client cash, security and derivative trade activity whilst ensuring valid instructions are sent to the market and accounting platforms.  BNP Paribas Middle Office US is part of a global operations offering supporting our clients in all major markets. US Market experience is required. European and AsiaPac market knowledge is a plus. 

  • Act as the first point of contact for all client queries relating to the OTC derivatives activity.
  • Represent the bank during client service reviews and other RFPs by presenting our OTC service offer from end to end.
  • Be an escalation point for local teams and help them when challenges arise from the BAU.
  • Participate to the BAU  by monitoring Calypso and ensure accurate capture of all trades pertaining to the OTC derivatives scope
  • Manual capture and validation of all trade falling out of the STP.
  • Manage exceptions on the affirmation/confirmation process on Icelink, DTCC, MTM and markitwire
  • Prioritize tasks based on trade sensitivity
  • Producing and updating KPI’s and associated processes
  • Ad-hoc derivatives tasks part of our global follow the sun coverage
  • Ensure all trades are confirmed according to market regulation and client agreements
  • Interface with global teams, brokers and clients on confirmation issues
  • Master firms technology systems (Calypso and above affirmation confirmation systems)
  • Complete daily operational reporting & controls; identify risk trends
  • Respond to all queries within current business day
  • Ensure middle office operations’ effective achievement of best in class client service and top tier risk management.
  • Pro-actively identify and progress opportunities to enhance straight-through processing and improve efficiency in operations
  • Provide support to other middle office groups on all trade related queries

Minimum required Qualifications:
  • Bachelor’s degree required in Finance, Economics or Accounting or related field
  • Superior analytical and problem solving skills
  • Demonstrate a calm, logical approach to all situations
  • Ability to multitask and to work under pressure, prioritizing duties according to risk
  • Ability to interact with very demanding stakeholders, managing their expectations whilst developing strong working relationships and bank standards
  • Effective verbal and written communication skills; notably the ability to clearly articulate issues and influence resolution
  • Self-motivated, energetic, and intellectually curious individual who is able to deliver with minimal supervision, whilst also working effectively as part of a team
Preferred qualifications:
  • 3-5 years of relevant experience in OTC Middle Office Operations
  • Extensive knowledge of derivative product and instruments
  • Expert knowledge of OTC trades (novations and cleared trades) FX, Repos a plus
  • Proficient with Calypso and matching platforms (Icelink, DSmatch and Markitwire)
  • Strong understanding of transaction lifecycle
FINRA Registrations Required: 

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BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.


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