SALES AND TRADING ASSISTANT (JOB NUMBER: 2202GMFOS9809)

About the job

The Principal Desk?s mission is to build a business that is profitable, sustainable and referenced by clients; and share in the success it brings. Four main priority exist:

• Be known for service excellence


• Serve the right clients


• Increase operational efficiency


• Engage and develop

Securities Lending is an investment strategy whereby investors make short term loans of their securities to generate incremental revenues from their portfolios.

Principal securities lending offers institutional investors the opportunity to generate returns through the provision of a guaranteed return on their investment portfolio.

The Principal desk exists to provide securities lending services to our clients, which is considered as a value added product to accompany global custody, fund administration and middle office outsourcing.

Your Main Activities Are

• Administrative responsibilities for the securities lending desk in London and/or Paris. Working alongside a small trading team to assist with daily processes


• Booking and management of returns


• Implement recalls as a result of client sales


• Review and follow up of failing trades with Settlement teams


• Be the liaison between trading and operations. Provide operations, corporate actions, income, static, reconciliation and billing teams with relevant information to facilitate their daily tasks.


• Check corporate action and income reporting on a daily basis


• Assist with returning securities prior to periodic exclusive client recalls, record dates and AGMs


• Provide support for Hong Kong desk, post APAC market close


• Checking counterparty risk exposures/ Monitor triparty collateral positions


• Review of end of day short positions


• Desk reporting: team dashboards, cash position reports and share them with traders.


• Enhance control procedures where applicable, including publishing regular updates of procedures


• Ensure booking and rebooking of trades that are not sent to the market to adhere to SFTR guidelines and matching


• Respond to client queries in a timely manner


• Provide feedback to enhance system and operational processes with respective stakeholders.


• Anticipate, follow up and give priority to highly sensitive trades in coordination with operational teams (recalls, fail coverage, large trades)


• Control accuracy of P&L report and challenge inaccuracies when necessary

Profile and Skills to Success

• Master?s degree (MA, MSc, etc.) from a University/Engineering/Business school with a major in financial markets.


• Experience level: 0-2 years: A first experience in finance or trading room would be a plus.


• Excellent interpersonal skills. Needs to be an effective communicator. Must be able to speak with conviction to traders at counterparties regardless of their seniority


• Technical, accuracy and numerical skills


• Ability to work under pressure in a small enclosed team environment


• Strong organization skills, get used to perform several tasks at the same time


• Self-starter, self-managed, with an ability to create and develop ideas


• Attention to detail


• Python, VBA and +SQL


• Proficiency in English


• French desirable

Why joining BNP Paribas?

• Leading banking institution

BNP Paribas is a leader in the Eurozone, and a prominent international banking institution with strong roots in Europe's banking history. It has a presence in 68 countries, with around 193 000 Employees ? including more than 148 000 in Europe.

• Our presence in Portugal

Since 1985, BNP Paribas was one of the first foreign banks to operate in the country. Today, the Group has around 6.500 employees across several entities operating directly in the territory, offering a wide range of integrated financial solutions to support its clients and their businesses.

• International reach

Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions: Domestic Markets and International Financial Services for retail banking and specialised financial services, and Corporate & Institutional Banking for corporate and institutional clients.

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.

• Diversity and Inclusion commitment

BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.

To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal

• Please note that only applications submitted in English will be considered.
  

• In case you are selected for this role, further documentation will be requested to support your hiring process.

Primary Location

: PT-11-Lisbon

Job Type

: Standard / Permanent

Job

: FINANCE ACCOUNTS ET MANAGEMENT CONTROL
Education Level: Bachelor Degree or equivalent (>= 3 years)
Experience Level: At least 1 year

Schedule

: Full-time