What is this position about?
The role of ALMT Dealer is to support of the Head of ALM Treasury Australia and the ALMT of the Branch. ALMT Dealer contributes to i) the prudential management the liquidity position and market risks inherent in the Balance Sheet, in the allocated portfolio of currencies while staying within the delegated limits and in compliance with regulatory ratios ii) the desk’s PnL targets iii) the projects defined by the Head of the desk.
Under the supervision of the Head of ALM Treasury, the ALMT Desk prudentially manages the liquidity position and market risks inherent in the Balance Sheet. Based on Group ALCOs policies and decisions, the ALMT Dealer helps the team to manage the liquidity of the balance sheet of BNPP Australian Branch, comprised of the Assets and Liabilities of the significant business lines of the Branch (Global Banking, Global Markets and Securities Services) and ALM Treasury’s own activities staying within the delegated limits and in compliance with regulatory ratios. The ALMT Dealer is expected to work towards the achievement of the ALMT Budget. The ALMT Dealer is expected to contribute to the implementation of the liquidity policy and adhere to ALMT’s Dual Mandate.
ALMT Dealer may represent the ALMT from time to time. This may include in front of the business lines of BNP Paribas present in Australia, in the Financial Markets, and as appropriate the relevant Industry bodies. The ALMT Dealer receives support from dedicated specialist teams based either locally, regionally or centrally.
Primary Role Responsibilities
* Support the existing activities of the desk across transactional, analytical, and project activities.
* Help fulfil the ALM Treasury’s dual mandate.
* Maintain a high standard of conduct in financial markets including adherence to regulatory and internal policies.
* Analyse the risks inherent within ALM Treasury
* Comply with the internal framework for monitoring of risks via specific reference to defined risk indicators.
* Comply with the Desk and Trader mandates, ALM Treasury policies, risk/credit limits and the banking laws.
* Contribute to the management of risks, optimize the funding costs and allocate the liquidity buffer.
* Facilitate and co-ordinate the transactional payments flows of BNPPAB and as appropriate aide the broader group.
* Provide service to the internal and external clients and counterparties of BNPPAB.
Commonly expected tasks associated with the position.
* Information collection and dissemination
* Data management and presentation (usually Excel and PowerPoint)
* Ensure compliance with desk policies including prudential policies, market, credit and liquidity risk policies.
* Ensures compliance with operational risk control framework, working to implement audit recommendations.
* Provide Pricing support to other desks.
* Pre- deal checks on limits, KYC status, and transaction suitability.
* Perform PNL analysis/attribution, analysis of the balance sheet and its evolution.
* Contribute to processes related to regular management reporting, such as liquidity dashboards and ALCO documents, internal and external liquidity indicators monitoring.
* Contribute to management of FX positions arising from day-to-day activities, and monthly FX PNL (sell down)
* Maintain professional and constructive relationships with major counterparties in Financial Markets
Key measures of success for the position.
What is required for you to succeed?
* Consistent, measured and constructive contribution to advancing the issues and challenges that the desk faces on an ongoing basis.
* Quality of decision making – is able to identify and understand problems and issues and commits to an appropriate response.
* Dealing focus – appropriate and efficient settlement of cash dealings
* Provide back-up for other team members.
* Professional Conduct – presents a professional image in all contact with Internal and External clients.
* Strong risk management awareness and astute judgement
* Strong analytical skills
* High degree of proficiency in MS Office applications; Python & VBA programming skills
* Strong communication skills.
* Positive and resilient mental attitude
* Experience within Banking and Finance
* Experience within Treasury or a related business/ Function
* Tertiary qualification within a related discipline
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.
If you require any reasonable adjustments during the recruitment process, please feel free to reach out to us at [1] au.nz.recruitment@asia.bnpparibas.com or 9221 3026