Discretionary Portfolio Management & Investment Risk Trainee

About the job

• As a leading global private bank, we deliver a tailor-made experience, with outstanding attention to detail along with precise, local knowledge backed by the global know-how of a worldwide banking group.  With a strong presence of almost 7.000 employees working in Europe, Asia and the United States and €393 billion of assets under management as of December 2019, BNP Paribas Wealth Management (“WM”) is a global leader of the Private Banking industry
• Since 2015, BNP Paribas Wealth Management has a competence center in Lisbon (PIMH = Portugal International Markets Hub) to manage activities for several locations (Switzerland, Luxembourg, Germany, Monaco)
• The trainee would equally share hisher time across 2 teams: Discretionary Portfolio Management and Investment Risk
  1. The main mission of the Discretionary Portfolio Management (DPM) desk in to manage the portfolios of clients whom delegate to the bank the management of their assets. It provides high-end DPM services to wealthy, sophisticated and demanding private clients. The team services clients from different BNP Paribas WM entities (Switzerland, Luxembourg, Monaco, and Germany)
  2. The mission of the Investment Risk team is to help and contribute to the set-up and development of the investment risk framework of the International Markets Products & Services platform. The IM Products & Services platform is providing high-end expertise, investment services and financial products to wealthy, sophisticated and demanding private clients. It has a wide range of offering and is positioned as a hub for the International Markets sites of Wealth Management

Your Main Activities Are

• To assist and help the DPM and Investment Risk activities with the tasks and controls performed by the teams while keeping a drive for innovation and improvement of the existing framework
• Assist the Investment Risk team with the control investment policies and clients interest
• Launch Investment Risk controls under MiFID II framework
• Update and maintenance of Investment Risk databases and extracts with financial information
• Maintenance of Investment Risk department procedures
• Contribute to the preparation of the Business Monitoring report for DPM International markets
• Support the team with the preparation of DPM marketing documentation related to the DPM activity including performance, risk asset class allocation, among others
• Assist the DPM team with the preparation of the Switzerland Business Monitoring report aimed at DPM management
• Enrich the DPM database with financial information related to Structured Products, sourced in Bloomberg
• Contribute to the activities’ continuous improvement

Profile and Skills to Success

• Bachelor’s degree in Finance or equivalent
• Knowledge of financial instruments and investment services
• Proficiency in Microsoft Office Pack (MS Excel, MS PowerPoint and Access)
• Knowledge of Power BI, VBA and SQL coding 
• Communication skills
• Organisations skills
• Attention to details
• Good analysis capacity, rigor and accuracy, dynamism, flexibility and autonomy

#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.