Vice President – Electronic Futures & Options Sales Trader

Employment contract:

Standard / Permanent

Location:

New York, New York, United States of America

Job/mission:

MISCELLANEOUS

Reference:

COR003081

Business Overview:

As a BNP Paribas Futures and Options Sales Trader, you will join a team that offers integrated sales and trading of all electronic products across equities, FX, Options and futures. Your focus will be to engage in execution coverage of institutional clients including hedge funds, asset managers, pension funds and sovereign wealth funds. In this role you will be responsible for growing these client relationships and develop a trading franchise within a growing organization which has strong ambitions here in the US. This dynamic team works closely with team members across Cash Equities, Global Macro, Equity Derivatives and Prime Brokerage in order to engage with clients on their listed derivatives execution needs. This role is focused on leveraging our growing US footprint to further expand our electronic derivatives franchise with key clients of the Bank.

 

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:

–           Develop and maintain client relationships across execution products

–           Work closely with cash equity trading, derivatives voice execution, and derivatives clearing sales teams to grow client trading revenue and manage P&L

–           Have a working understanding of algorithms, execution flow and market structure

–           Partner with technology teams to implement solutions for clients and service client needs

–           Expand the listed derivative execution product penetration into your clients

–           Cross sell the franchise, particularly between equities and derivatives, financing and structured products

–           Collaborate daily with global teams and clients around the clock to help grow our firms global footprint

Minimum Required Qualifications:

–          Bachelors degree

–          2+ years of sales trading experience in a relevant equity, fx, or derivatives sector

–          Demonstrated ability to manage and grow client trading relationships

–          Strong interest in automation and, proactively work with vendors and, e-trading platforms and services

–          good understanding of equity trading workflows, multi-asset products, and derivatives markets

–          Strong partnership and communication skills

 

Preferred Qualifications:

–          Master’s Degree preferred

 

FINRA Registrations Required: 

–          Series 3, 7, and 63 licenses. Or expected to have in compliance guideline dates

 

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

  • Not Applicable

 

SEC Security-Based Swap Dealer Associated Person:

  • Not Applicable

 

The expected starting salary range for this position is between $225,000 to $250,000 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.