About the job
- BNP Paribas Fixed Income business is made up of over 2,000 people around the world. It is one of the leading market participants in the Fixed Income world
- It offers a broad set of client products: Interest rates, credit & foreign exchange
- The OTC DERIVATIVES trade support teams are in charge of ensuring the proper booking and settlements of Interest rates derivatives Operations for FI activities worldwide and ALM Treasury global activities booked in Murex (clearing, custody, corporate actions) in compliance with internal procedure and external regulators
- Within the “OTC Derivatives Fixing Team” you will handle interest rates for OTC derivatives in collaboration with the others trade support teams in Paris and trading room operators
Your Main Activities Are
- Monitor daily fixing of OTC rates derivatives for capital market operations
- Control the daily update of market rates on behalf of Front Officers using official rates published by Reuters, Bloomberg and Central banks
- Participate to the creation of new rates in collaboration with Front Officers and IT teams
- Create excel spreadsheets for the calculation of exotic rates (inflation, power dual, ratchet, range accrual, among others)
- Solve interest discrepancies before payment date and participate to the investigation of payment incidents
- Monitor and reprocess fixing advices when necessary
- Contribute to projects increasing the automation rate and improving the quality of services
Profile and Skills to Success
- Degree in Finance, Economy or Management
- 0-3 years of experience in Capital Market Back Offices
- Knowledge of rate derivatives products and operation processes
- Proficiency in computer skills, particularly in the use of Microsoft excel, knowledge of VBA
- Fluent in English
- Control oriented profile with strong analytical and problem solving skills
- Proactive, motivated and willing to absorb new concepts in a challenging environment
- Rigorous, well-organized with a structured and logical approach
- Team spirit
#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 centres 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.