Derivatives Clearing Officer for the OTC Client Clearing Team

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 DEC business line (Derivatives Execution
  & Clearing), the Derivatives Clearing Officer has to handle middle-office
  and back-office activities on his/her markets scope

Your Main
Activities Are

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

• Bachelor’s degree
• Proficiency in Microsoft Office (Word, Excel,
  PowerPoint)
• Fluent in English
• 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.