Business Overview:
The role is Lead of the AFS Trade Support team. AFS covers NY SPMO
supports FI Solutions and Structuring activities, including CLO Warehouses,
Senior Portfolio Financing and Loan TRS.
Candidate Success
Factors:
Candidates are measured on the following
four performance drivers, which will dictate how individual impact is
considered on the Americas platform:
- Results and Impact
- Able to influence peers
and team. - Demonstrates good
judgement when making decisions of high complexity and impact. - Exercise appropriate
autonomy in the execution and delivery of work. - Responsible for driving
outcomes, which have meaningful effect on team or department. - Leadership and
Collaboration: - Creates trust with
colleagues. - Acts in leadership
capacity for projects, processes, or programs. - Client, Customer and
Stakeholder Focus: - Able to build
relationships with a mix of colleagues and clients. - Interacts regularly with
management and department leaders. - Demonstrates the ability
to influence stakeholders at the team level. - Compliance Culture and
Conduct: - Takes full
responsibility for personal actions and demonstrates courage in facing
problems and conflicts. - Perceived as a person of
high moral character; upholds corporate values and displays high ethical
standards.
Responsibilities:
The role is a team lead role to manage SPMO (Structured Product
Middle Office) in NJ office. The role is to ensure that a high level of service
to the desk is delivered in administrative, support and control tasks (void of
any decision-making or business negotiation) by the respective Trade Support
teams. The role will also be responsible to the AFS Credit Transaction
Management Team responsible to close the structured transactions. This role will act as an escalation point of
contact for operational issues and will perform support tasks and coordinate
with other support groups as necessary.
The role will encompass the management and overseeing of booking
control responsibilities as well as the development and/or maintenance of a
variety of reporting dashboards and other internal and external reports. The
successful candidate will need to have a working understanding of products,
systems, front-to-back workflows and current business practices. The individual
will establish effective working relationships with Front Office, external
counterparties as necessary and other internal areas of support (IT, Finance,
P&L, Risk, etc.). The candidate will take an integrated and proactive
approach to the business’ requirements, understand the lifecycles of the
products traded, systems and reporting mechanisms required to control activity
and provide accurate and appropriate information. The candidate should also
liaise with Credit Transaction Management & Loan servicing teams of Global
Banking departments for financing transactions.
Detailed specific responsibilities
include:
•
Maintenance and governance of the procedures
•
Building and executing controls
•
Task allocations to each team
•
Sign off day to day task lists at EOD.
•
Managerial involvement for the team (Performance Review, Personal
Development sessions with the team)
•
Project Management on behalf of the Trade Support teams.
•
Maintain/Track the outstanding IT issues until item closed.
•
KPI/KRI Management
•
Monthly Business Management meetings
•
Monthly ITO manager meetings
•
Oversees and manages the reports and dashboards prepared by the
Trade Support teams.
•
Assist the team members with each Personal Development plans.
Other responsibilities include:
•
Close liaison with FO to ensure the timely and efficient
resolution of trader and other management queries.
•
Close liaison with Credit Transaction Management & Loan
servicing teams of Global Banking departments for financing transactions.
•
Management of the incidents from team’s process failures
•
Liaise with other Operation functions and other infrastructure
groups to support a ‘one team approach’.
•
Take a ‘can-do’ approach to enhance relationships.
•
Resolve all issues / conflicts in a timely and customer orientated
fashion.
•
Adhere to deadlines and objectives.
•
Clear and concise communication with all teams to ensure the
timely and efficient dissemination of information and the resolution of queries
arising, including escalation of issues to the team manager.
•
Ability to gather information from a broad range of sources and
disseminate appropriately.
•
Where appropriate, ability to maintain and explain own position
using logic in the light of differing views.
Minimum required
qualifications
•
Leadership skills to inspire and lead the teams.
•
Exceptional organization skills
•
At least 10 Years of experience in Trade Support or Product
Control functions
•
Strong interpersonal and communication skills a must
•
Excellent knowledge of financial markets with emphasis on Fixed
Income OTC Derivatives. CLO, ABS, LoC and overall credit knowledge advantageous
•
Strong Excel/PC skills with proven ability to work with multiple MS
apps.
•
Attention to detail and accuracy imperative.
•
A spirit of continuous improvement is essential.
Preferred
qualifications:
• Management experience would be a plus
• PowerPoint and Word skills
• Ability to consistently meet deadlines
• Ability to work in a fast-paced
environment
FINRA Registrations Required:
FINRA
Series 99 (within 120 days)
CFTC Swap Dealer Associated Person (if
yes, NFA Swaps Proficiency Program is required): N/A
SEC Security-Based Swap Dealer Associated
Person:
N/A
The expected starting salary range for this
position is between $180k to $230k annually. The actual salary may vary based
upon several factors including, but not limited to, relevant skills/experience,
time in role, base salary of internal peers, prior performance, business line,
and geographic/office location.
In addition, our comprehensive benefits package
aims to support our employees in various aspects of their lives. From
healthcare and wellness programs to retirement plans and childcare services, we
prioritize the well-being and growth of our employees. Our benefits include
medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare,
life, accident and disability insurance, mental health support and paid time
off. Additional details about our benefits offerings, inclusive of eligibility for
a discretionary bonus, will be provided during the hiring process.
This
application will remain open until a candidate has been selected for the role.
There is no specific application timeline.
About BNP Paribas:
BNP Paribas is a leading bank in Europe with an
international reach across the US, EMEA and APAC. It has a presence in 65
countries, with nearly 190,000 employees. The bank employs over
3,500 people in offices in the US across 10 states including New York, Jersey
City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and
diversified presence to support its client base. We continue to grow and
strengthen our commitment to the US market through our Corporate
& Institutional Banking activities. We are one of a few non-US banks to
offer a full value chain for our clients, from trading to financing, and
clearing and custody in the US with the international footprint and capacity to
deliver both globally and locally. Leveraging the strength of our European
roots, our network can support clients in virtually every region of the world,
enabling more connectivity and efficiency wherever our clients conduct
business. We take pride in our expertise and our ability to adapt while
constantly looking ahead to create a more sustainable world.
As an international company with a global
footprint, the unique cultures and viewpoints of our team members are an
integral part of the fabric of BNP Paribas. We are a company with a purpose –
to be a responsible and sustainable global leader. We aim to create an
environment where our employees feel empowered to drive change, make an impact
and be true to themselves. We employ talented individuals from a wide variety
of backgrounds, locally and globally, and are inspired by our employees who
help us in cultivating a diverse, equitable and inclusive workplace through
initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership
Forum and Employee Resource Group (ERG) communities. We strive to be a
workplace where all team members can grow and thrive and offer robust training,
development, and mentoring opportunities to make that vision a
reality. Our leaders are deeply committed to DEI and highly accessible to our
employees, consistently soliciting feedback on how we can continue to support
our employees to reach their highest potential.
BNP Paribas. The Bank for a Changing World – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/
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.