Derivatives Clearing Officer for Positions and Flows Management Team 2

About the job

• BNP Paribas Securities Services is the bank for financial institutions, handling operational transactions linked to their securities accounts. As a branch of BNP Paribas, our mission consists of protecting our clients’ assets and managing their operational transactions throughout the whole investment cycle
• As part of Derivatives Execution & Clearing (DEC) business line, the Derivatives Clearing Officer has to handle middle-office and back-office activities on his/her markets scope

Your Main Activities Are

• Middle – office
  1. Be the 1st point of contact for all counterparties (clients, brokers, CCPs) with regards to trade allocation/clearing
  2. Top day trade monitoring and allocation for involved exchanges to ensure STP trade flow
  3. Follow up of pending trades closely and ensure all clients trades are booked at T day
  4. Perform timely reconciliation between internal systems and Exchanges ones
  5. Identify, assess, monitor and control the risks of the activity
• Back – office
  1. Clearing Houses vs Back Office Reconciliations (margins, premiums , positions, initial margins)
  2. Ensure that reports sent to clients are reliable
  3. Manage daily payments and intra-day margin calls
  4. Ensure that all clients related issues, queries and request are addressed in an efficient, accurate and timely manner
  5. Monitoring of corporate action events impacting the underlying contracts
  6. Follow up of instructions settlement processing
  7. Maintenance of the accountancy balance (Market fees reconciliation, CCP vs client cash flows, among others)
  8. Participate in projects to drive the business forward to deliver internal or market system releases (Market releases, MO/BO tools enhancements, among others)

Profile and Skills to Success

• Proficiency in Microsoft Office (Word, Excel, PowerPoint)
• Fluent in English
• Availability to work from 10h to 19h

• Strong attention to detail
• Good written and oral skills
• Proactive, motivated and willing to absorb new concepts
• Ability to adapt and respond to changing work situations and environments
• Strong team player
• Ability to handle multiple tasks simultaneously and work well under pressure
• Self-starter with ability to work effectively with minimum supervision
• Responsiveness, accountability and adaptability

#LI-Hybrid 

Why joining BNP Paribas? 

· Leading banking institution

BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.

· Our presence in Portugal

In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Group’s 10 business entities established in the country. Its presence also extends to 11 excellence centers providing value-added services to various countries where the BNP Paribas Group also operates.

· 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: 

• Retail Banking, a division that brings together all of the Group’s retail activities and specialised business lines; 
• Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services; 
• Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.

· 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/paternity, 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.

· Commitment towards work/life balance

At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.

· Remote Working Conditions

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices. 

 

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.