BNP Paribas Securities Corp

Job Title: Vice President, Collateral Manager

Location: 787 7th Avenue, New York, NY 10019

Duties: Clients Pricing: Establish the guidelines for the collateral management in DEC including recommended conditions on fees and interest rates, maintain and update our acceptable collateral policy and haircut schedules, and work closely with Sales and Product Teams to create tailored collateral solutions for our clients. Collateral Transformation: Collaborate with multiple teams to enhance collateral optimization, investing customer cash in authorized assets like Money Market Funds, Repo-Reverse Repo, and government Bonds, and managing FX positions with FX Swaps and Spot transactions. Drive investments decisions based on client needs and collateral flows, building tailored solutions. We are also toward a harmonization of the DEC collateral management across regions. Additionally, oversee CFTC 1.25 compliance, risk limits framework, and control direct booking for improved risk management, efficiency, and streamlined operations. This transformation enables independent collateral management, faster actions, and reduced reliance on external parties. Collateral Optimization: Create tailored solutions for clients to meet their financing needs, including single currency margining, bond boxing, collateral accommodation, margin financing, and waivers. Strategically allocate assets across the U.S., EMEA, and APAC regions to minimize costs and maximize efficiency, leveraging both client assets and our own inventory. Additionally, optimize daily cash management by sweeping funds to high-yielding locations, reducing excess buffers, and selecting optimal rates to fulfill cash obligations efficiently. Funding Controls: Streamline our funding processes worldwide where possible, work closely with GMAT/ALMT to provide the requested currency funding, and integrate collateral/margin reporting across our systems to enhance collateral tracking and risk management. Platform Enhancements: Drive strategy and roadmap for margin, cash and collateral products, simplify settlement bank and custodian setups to reduce costs, and develop custom collateral management solutions for DEC regions and entities to improve efficiency. PnL Supervision: Closely monitor interest, collateral and funding PnL, conduct regular client profitability reviews, and oversee collateral PnL allocation and client reporting. Collaborate with Finance on PnL reconciliations, budgeting and reporting to ensure accuracy and transparency. *10% domestic and international travel required within the U.S., United Kingdom, and France. *Telecommuting permitted 40%: work may be performed within normal commuting distance from the BNP Securities Corp. office in New York City in New York.

SALARY: $200,000.00 USD to $265,000.00 USD/ year

Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)

Job Requirements: Master’s degree (US or Foreign Equivalent) in Engineering Finance or related field and seven (7) years of experience in the Investment Banking Industry. Must have seven (7) years of experience with: Platform and Process Enhancement: Driving strategy and roadmap for margin, cash, and collateral products, simplifying settlement bank and custodian setups, and developing custom collateral management solutions to improve trading efficiency and reduce operational risks; Strategic Planning and Optimization: Creating tailored financing solutions for clients, strategically allocating assets across regions, and optimizing daily cash management to support trading strategies and enhance market positions; Investment Decision-Making: Driving investment decisions based on client needs and collateral flows, including trading in Money Market Funds, Repo-Reverse Repo, and government Bonds to maximize returns and manage liquidity; Financial Analysis: Conducting client profitability reviews, monitoring PnL (Profit and Loss) for trading activities, and collaborating with the Finance department for PnL reconciliations and reporting to ensure accurate trading performance metrics; and Risk Management: Managing risk limits framework and ensuring efficient risk management processes to mitigate market volatility and protect trading portfolios. Must have one (1) year of experience with: Collateral Management: Establishing guidelines for collateral management, maintaining and updating policies, and creating tailored collateral solutions for clients to optimize trading positions and reduce counterparty risk. 

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.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com, @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.

BNP Paribas RCC Inc.

Job Title: Assistant Vice President, Corporate Actions & Index Tracking

Location: 525 Washington Blvd, 7th Floor, Jersey City, NJ 07310

Duties: Manage equity indices in firm’s internal systems for trading and create index simulations for trading. Forecast trading impact due to corporate actions on constituents of bank licensed indices. Alert Front Office Trading and Middle Booking teams of all current and forecasted corporate actions. Ensure Corporate Actions work flow feed correctly in proprietary tools and trading positions are adjusted correctly in systems. Maintain cash dividends in all bank’s proprietary booking systems. Work with IT to develop index composition upload scripts to automate index constituents uploads into BNPP systems. Manage projects designed to improve daily trading operations. Automate and innovate processes that are currently manual and may be automated. *Telecommuting permitted 50%: work may be performed within normal commuting distance from the BNP Paribas RCC Inc. office in Jersey City, NJ..

SALARY: $124,992.00 USD to $135,000.00 USD/ year

Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)

Job Requirements: Bachelor’s degree (US or Foreign Equivalent) in Business Administration, Finance, or related field (Will accept a Bachelor’s degree equivalent based on combination of degrees where determined to be equivalent to a US Bachelor’s degree by a qualified credential evaluation services) and five (5) years of experience in the job offered or related role OR Master’s degree (US or Foreign Equivalent) in Business Administration, Finance, or related field and two (2) years of experience in job offered or a related role. Must have five (5) years of experience with Bachelor’s (OR 2 years with Master’s) in the financial industry. Must have one (1) year of experience with the following: Excel advanced functions including VBA; analyzing, processing, and adjusting risk of corporate actions data; experience with at least one of the following equity indices: MSCI, S&P Dow Jones, or FTSE Russell ; corporate actions and impact to shareholders in a financial institution; trade capture, trade validation, query, and queue management; booking secondary events and deals, maintaining various strategy booking types, and performing quarterly/monthly expiry in the books; and migration of trading processes between overseas offices within multinational banking environment.

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.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com, @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.

BNP Paribas Securities Corp.

Job Title: Vice President – Structured Trader

Location: 787 Seventh Avenue, New York, NY 10019

Duties: Utilize pricing fundamentals such as Market-maker in EM and G 10 FXO to risk manage options portfolio. Partner with sales and structuring to develop BNPP footprint in the region and provide liquidity in complex products to American based clients. Monitor books, inventory and P&L to stay within limits and reach objectives set by management. Follow market news to evaluate risk and opportunities in our books. Provide market access and liquidity to the Bank’s customers through market making in a defined range of product instruments; put in place hedging if appropriate. Trade options within specified limits and in a global books’ setup based on a continuous analysis of client flows, market intelligence, and reading of macroeconomic scenarios. Contribute to, and facilitate with the trading middle office, the confirmation of daily P&L at the close of the day. Attend relevant regulatory and skill training and keep up to date with market issues.    

SALARY: $179,088.00 USD to $265,000.00 USD/ year

Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)

Job Requirements:  Master’s degree (US or Foreign Equivalent) in Operations Research, Mathematics, or other quantitative/analytical fields and three (3) years of experience in FX Derivatives Trading. Must have three (3) years of experience with: market making to provide liquidity and expertise to a range of different clients; Risk management – understanding of greeks, barrier risk, and delta hedging; and both FXO vanilla and exotic options. Must have two (2) years of experience with: mentoring of juniors and interns; market commentary based on flows, macro views and themes, and inventory; Regulatory controls and procedures – control of risk limits, identifying operational issues / misbookings; and data and market analysis – identifying market opportunities, back testing strategies, and building scripts to improve desk workflow. Must have one (1) year of experience with: understanding of options theory and the pricing models used for various products; and understanding of FX convention and curve marking (atm, risk reversals, and butterflies). Completion of NFA Swaps Proficiency Program.

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.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com, @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.

 

 BNP Paribas Securities Corp.

Job Title: Associate, Macro Rates Repo & STIR Trader

Location: 787 Seventh Avenue, New York, NY 10019

Duties: Provide liquidity to clients in the repo market, responding to their needs and developing the franchise through consistent pricing, sales-friendly interactions, and professional outreach. Roll require ultimate familiarity with accounting, regulatory, capital treatment of products as well as liquidity, trade life cycle and downstream systems. Work collaboratively with Sales, Origination, Strategy/Research teams. Identify trades with the right profitability and risk/reward balance. Price and risk manage repo, synthetic repo (TRS, bond forward, T-Lock, XCCY, bond basis), collateral swaps, bonds, and other derivatives. Underlying repo securities will include DM, EM, MBS and Credit. Assist in building the Global Markets Franchise by developing key client relationships, both internally and externally. Maintain open communication with team and direct line management to resolve risk and P&L discrepancies and fulfil notification requirement. Write/present daily commentary to sales force and clients. Monitor market news and events and evaluate the risk and opportunities for clients and the firm’s positions and strategy. Direct contribution to BNPP operational permanent control framework. Book trades in trade capture system, managing risk and p/l. Liaise with BNPP middle-office and back-office to facilitate and monitor settlements. Work with operational support functions by identifying and valuing all business and transaction-related risks, including market, credit, operational, compliance, legal, regulatory, and reputational risks. Confirm daily P&L.

SALARY: $179,088.00 USD to $200,000.00 USD / year

Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)

Job Requirements: Master’s degree (US or Foreign Equivalent) in Mathematics, Computer Engineering, Computer Science, Software Systems Development, or a related field and one (1) year of experience in related occupation performing product trading or comprehensive structuring within Credit, Foreign Exchange, and Emerging markets. Must have one (1) year of experience with: Bond trading experience – Bond Future Basis; Programming skills – Python and VBA; Capital Market knowledge; FX experience – FX swap and xccy; and Bank regulatory knowledge. FINRA Registrations Required: Series 7, 63. Must take and pass the exam within 60 days of hire.

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.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com, @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.  

BNP Paribas

Job Title: Sales Director (Multiple Positions)

Location: 787 Seventh Avenue, New York, NY 10019

Duties: Raise BNP Paribas Securities Services’ profile in the US Alternatives industry and generate new client revenues to meet sales targets. This includes working with Buyside Alternatives sales team and report to the head of that team, while partnering closely with our local and global Business and Product teams as well as our Global Markets team. Meet annual sales targets of $5m+. Close alignment with geographical colleagues such as US to EMEA to continue to achieve a strong cross border sale with global clients based in the United States. Construct and execute a sales universe short-, medium- and long-term targets with weekly or quarterly reporting. Source, lead, and close new business deals independently of the wider bank’s connectivity. Work closely with BNP Paribas global Financial Institutional Coverage teams on strategic accounts to position Asset Managers and Alternative Investment Managers for cross sell initiatives. Monitor, grow, and track sales pipelines that reflect $50m+ revenue annually to ensure targets will be hit at end of year. Build trusting relationships with procurement teams within large asset managers and large alternative managers. Source and run RFP processes for new business mandates including selecting deal team and SMEs per deal. Develop internal relationships with the key stakeholders of BNP Paribas C suite to have engagement with prospects at the most valuable time. Lead accurate and timely sales reports, forecasts, opportunity assessments and activity reports to management. Manage and drive newly closed deals to guide onboarding of new clients until the funds have gone live, consistently reviewing product suite that can complement onboarding challenges. Coordinate and work with multi locations on multi deal initiatives, multiple fee schedules and multiple onboardings e.g. Luxembourg, Dublin, NYC, London. In-depth knowledge of EU regulatory framework including UCITS, REITS, OEICS, AIFMs reflecting the correct product mix for regulated funds. *Travel 50% required – United States, Europe (London, Dublin, Luxembourg, Paris).  

SALARY: $247,146.00 USD / year

Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)

Job Requirements: Bachelor’s degree (US or Foreign Equivalent) in Business Administration, Economics, or related field and eight (8) years of experience with Financial services. Must have eight (8) years of experience with the following: Expertise in alternative asset managers; Expertise in various asset manager operating models; Expertise in detailed working of loan and collateral administration; Experience selling to global investment community; Cross border experience selling in multiple domiciles (UK, IRE, Luxembourg, US); Cross border experience selling; Experience selling multiproduct deals made up of 5-12 products designed to complete a funds end to end investment cycle; and Hedge fund markets.

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.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com, @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.

Business Overview:

Global Market Quantitative Research Team is responsible for most aspects of quantitative research within the Global Market universe, covering Interest Rates, FX, Credit, and Equity. There are teams in London, New York and Asia supporting trading activities of the flow and structured desks. They are responsible for the development of pricing, risk, and profitability models and their implementation in the global analytics library.

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: 

This is a front office quantitative research role with a focus on the products traded in Americas with continuous business interaction. The applicant will be expected to:

• Participate in the global research and development effort on various aspects of Financing business –more specifically on Stock Loan, Cash PB and Synthetic TRS trading activities. 
• Design, implement, and support optimizations on client locates and automated refinancing.
• Research and development of predictive, AI driven intelligence.
• Contribute to development of systems, real-time data feeds and the core analytics library.
• Collaborate with other Quant Research teams locally or globally for development and rollout of models
• Supporting the US Stock Loan and Demand desks on Quant Research built applications daily.
• Take an active part in all front office activities by collaborating with other functions (Trading, Sales, IT and Market Risk) and Research globally and also develop relations with various stakeholders.

Minimum Required Qualifications:

• Strong analytical skills and technical background.
• Knowledge of statistics as well as optimization algorithms.
• Excellent programming experience in Python, working on large, object-oriented codebases.
• Understanding of Cloud & DevOps: Docker, Kubernetes, Jenkins, Git, TeamCity, CI/CD pipelines, Kafka and other messaging technologies.
• Experience working with (designing/building) complex data structures and database technologies (Oracle, Clickhouse)
• 3-5 years’ experience working in either a Quant Research, Quant Development or a Strats function – preferably within an Equity Financing function.
• Effective communication skills, ability and willingness to engage the business globally.
• Delivery focused and willingness to collaborate with other teams globally.
• Ability to manage book of work of team members along with their own.

Preferred Qualifications: 

• Advanced degree (Master or PhD) in computer science, mathematics or engineering.

FINRA Registrations Required:  

• Not Applicable 

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

• Not Applicable 

SEC Security-Based Swap Dealer Associated Person:

• Not Applicable 

While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted.

The expected starting salary range for this position is between $185,000 to $225,000 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.

 

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.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.  

Business Overview:

The Conduct & Operational Risks Business Specialists team is part of the Global Markets Americas Chief Conduct and Controls Office (GMA CCCO). The team’s mission is to partner with each of the business lines in Global Markets Americas to anticipate, identify, measure and control non-financial risks.

The team is a key pillar of the wider CCCO which is designed to ensure ownership and continuous improvement of each step in that value chain between our external stakeholders & our employees. CCCO contains both transversal control specialists and business specialists; the business specialists will partner with GMA senior management & CIB stakeholders to strengthen our business, process and execution processes in order to meet our growth ambitions.

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: 

Minimum Required Qualifications:

Preferred Qualifications: 

FINRA Registrations Required:  

• Not Applicable 

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

• Not Applicable 

 

SEC Security-Based Swap Dealer Associated Person:

• Not Applicable 

 

While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted.

The expected starting salary range for this position is between $165,000 to $200,000 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.

 

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.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.  

Business Overview:

AFS Legal team consists of 4 senior lawyers and provides legal advice to the Asset Finance & Securitization (“AFS”) business in the Americas region.  AFS structures and executes a wide variety of securitized products including CLOs, ABCP, ABS and RMBS which are secured by a broad range of loans (e.g. corporate, auto and mortgages), leases (e.g. aircraft, equipment and fleet) and receivables (e.g. trade and credit card).

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: 

• Provide legal advice to AFS on the structuring and execution of a wide variety of securitized products which are secured by a broad range of loans, leases and receivables. 
• Advise AFS on internal and regulatory requirements and assist them with credit approvals for new products and transactions.
• Partner with AFS, liaise with external and other internal counsel and liaise with RISK, Compliance and other internal stakeholders.
• Manage ad hoc projects as required.

Minimum Required Qualifications:

• Ability to:
  • Manage heavy workloads, multitask, prioritize and work under pressure
  • Tolerate ambiguity
  • Pay attention to detail
  • Maintain high standards of professionalism in all dealings with team members and internal and external clients
• Technical: 
  • Microsoft Office

Preferred Qualifications: 

FINRA Registrations Required:  

• Not Applicable 

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

• Not Applicable 

SEC Security-Based Swap Dealer Associated Person:

• Not Applicable 

While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted.

The expected starting salary range for this position is between $180,000 to $240,000 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.

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.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.  

BNP Paribas Open Sophomore Opportunity Summit January 14th & January 15th

The BNP Paribas Open Sophomore Opportunity Summit is a virtual 2-day interactive experience crafted in partnership with our Employee Resource Groups (ERGs) to immerse students in the culture of BNP Paribas and the potential for careers in our Banking, Markets and Corporate Function businesses units. Please apply to be invited to our virtual Summit!

You are invited to engage in dynamic conversations exploring the importance of

• BNP Paribas’ net-zero commitment and focus on sustainability initiatives and financing. The Summit will offer you an up-close look at our sustainability efforts and the people leading them.
• Championing Inclusion and belonging, an essential part of BNP Paribas’ cultural fabric, featuring insights from our ERGs, that focus on creating a space for people of all backgrounds, professional and personal growth, and advocating for allyship.  
• Promoting growth via continued learning and development opportunities throughout the career journey.
• Establishing BNP Paribas as a good place to work, learn and grow via ERG engagement, mentorship and our competitive benefits and wellness offerings.

Qualifications 

Current undergraduate, sophomore-level students with a Winter 2027-Spring 2028 graduation date are eligible to apply. All majors and academic backgrounds are encouraged to apply. Prior experience within financial institutions is not required!

Our Employee Resource Group Partners 

The BNP Paribas Open Sophomore Opportunity Summit is hosted in partnership with our Employee Resource Groups:

MixCity USA MixCity USA is the Group’s Gender Diversity ERG and is open to both Women and Men. MixCity USA serves to drive gender equity in the workplace through developing, empowering and increasing the representation of women* in the organization.   

(*) Includes nonbinary, transgender, cisgender and all who identify as women.

The ABILITY ERG provides a network for employees with disabilities or for those who are close to people with disabilities and focuses on physical and mental health challenges. We also support multiple initiatives to support career development for people with disabilities such as an annual Mentoring and Networking Day for local college students.

The Asian ERG’s mission is to champion DEI, to celebrate multi-cultural heritage, and to promote awareness and advocate for varied Asian American & Pacific Islander (AAPI) community challenges. We achieve this by promoting greater understanding of cultural traditions, recognizing talents, exchange of professional knowledge, networking, and providing a platform for AAPI community.

The Interfaith ERG offers a forum for inclusion of spiritual faith diversity in the workplace. The interfaith ERG furthers professional development by examining business issues, economic topics, social and environmental challenges through the lenses of various spiritual faiths while creating a network of professionals eager to connect around the topic of faith and work.

The Military ERG brings together both Veterans and non-Veterans with the goal of supporting meaningful relevant initiatives. These initiatives employ philanthropic efforts targeted towards homeless or wounded veterans, as well as focus on efforts to assist service members in transitioning to civilian and corporate life.

BNP Paribas Pride USA fosters a workplace that is most welcoming to the LGBTQ+ community by supporting its members, facilitating connections among and beyond the LGBTQ+ employees, while promoting inclusiveness, equality and solidarity. LGBTQ+ employees and their allies come together and celebrate the freedom of sexual orientation, gender identity and expression.  We strive to bring awareness of specific LGBTQ+ topics to all, as well as provide resources & support to the community. 

The REACH ERG is an inclusive, community-based for all employees of any affinity, focusing on topics related to career paths in order to help foster growth and development of junior staff at BNP Paribas. Through a broad range of events, REACH fosters connections across business lines and functions, allowing BNP Paribas professionals to actively drive their own careers.

What to Expect at the BNP Paribas Open Sophomore Opportunity Summit  

At BNP Paribas, we belong to a forward-thinking group where our Inclusion initiatives take center stage and where new ideas and fresh perspectives foster and nurture innovation.

The Summit will help you find success through:

• Fireside chats and panels hosted by current Analysts and former interns, senior leaders and the BNP Paribas Employee Resource Groups
• Open conversations and small group sessions hosted by business leaders and team members who will share their professional experiences and how they support BNP Paribas’s mission and values
• Skills-building activities to build your resume and expand your professional knowledge and skillsets
• Dedicated recruiting office hours with our Campus Recruiting team and hiring managers accessible for your questions
• Networking

Following the virtual programing, participants may be invited to interview for the 2027 summer analyst internship.

Opportunities to Join the BNP Paribas Community

Through this Summit we hope that you can become a part of our business success and shape the future of BNP Paribas

We offer internship opportunities throughout a range of business lines and functions:

• The Global Banking division provides sophisticated and diversified expertise across a variety of sectors in Financing, Cash Management and Financial Advisory Services for our clients
• The Global Markets division delivers market-leading solutions – from hedging and financing opportunities across every asset class, to research and market intelligence
• Functions – Business Management roles are wide ranged and include:
  • Operations: You will gain exposure to teams concentrating on trade processing, product controls, and project management.
  • Change & Solutions (Internal Consulting): The Change & Solutions Americas organization works closely with executive management and senior leadership to design and implement high-level, strategically important projects, and shape the development of the Bank in the region. The team delivers value across platforms through an integrated and agile approach with deep international interconnectivity across departments, and a strong focus on servicing internal clients.
  • Technology: The IT (Technology) Team aims to protect the bank, the interest of the bank, and its clients via IT Infrastructure, Cyber and Corporate Security, Operational Resilience, Application Production Support and IT and Operational Risk
  • Human Resources
  • Compliance

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.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never  send payments to or request payments from candidates for positions posted by BNP Paribas. 

Business Overview:

The Management of the BNP Paribas has committed to ensure compliance with AML/Embargo & Sanctions rules within the entire Group. In this context, Group Compliance has decided to have a strong and permanent set-up within the US: Group Financial Security US (“GFS US”). 

• Established in 2014 and based in New York, GFS US is a Group Compliance Domain tasked with developing and implementing an industry-leading Office of Foreign Asset Control (“OFAC”) Compliance Program. 
• GFS US is responsible for the overall supervision and coordination of BNP Paribas’ effort to comply with U.S. and other international sanctions and embargoes. In performing this function, GFS US works with other relevant functions responsible for risk assessments and controls, sanctions filtering and screening systems, and sanctions’ violation monitoring and reporting. 
• GFS US is the main point of contact for the Group with U.S. Regulators regarding Sanctions Compliance. The Bank’s OFAC Compliance Program was the basis for the creation of the department, the organization of its teams, and their roles and responsibilities.

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.

GFS US Norms Team Mandates: 

• Assist and support Compliance Perimeters in their responsibility for complying with all relevant Laws, Rules, Regulations and Group policies related to Sanctions.
• Assist and support the Group Financial Security U.S. Department.
• More specifically, The Norms team is responsible for:
  1. Producing, reviewing and maintaining norms, procedures and guidelines relating to international financial sanctions for implementation across BNPP entities.
  2. Advising on the implementation of GFS Sanctions norms and processes based on inquiries from stakeholders (Compliance, Business, IG etc.).
  3. Reviewing and taking decisions on Derogations requests against Group Sanctions norms, in coordination with multiple stakeholders, including the Legal team.
  4. Playing a key role in group projects related to the normative framework rationalization.
  5. Contributing to the continuous enhancements of the GFS operating model for the review of sanctions derogations and the monitoring of the Sanctions Corpus activities.

Position Overview:

The successful candidate for the position of Vice President will report directly to the Deputy Head of GFS US Norms and support the Norms Team by contributing to a smooth and effective functioning of all document creation, editing and implementing. They will review existing Group policies and procedures and be asked to draft new procedures in order to address emerging sanctions process issues. They will also be tasked with being Group Financial Security’s primary liaison with Local Compliance and Business contacts for (i) advisory purposes with regards to the GFS Sanctions Corpus and (ii) all Sanctions Derogations Requests (“SDR”) related questions and risk acceptance reviews. Finally, they will assist the Head of GFS US Norms in responding to all policy-application requests received from Inspection Generale, external regulators and other GFS teams. This position requires up to 5-10% international travel.

Candidate Responsibilities: 

• Contribute to the 3 workstreams dedicated to the management of the Sanctions Corpus, Sanctions Derogations and Transversal Activities.
  • Draft/review sanctions-related policies, procedures and guidelines in collaboration with other GFS teams, Legal Financial Security team and key stakeholders from Business Lines (Compliance and Business), through the management of dedicated Projects.
  • Review/ manage sanctions derogations related to GFS norms, policies and procedures (out of scope notifications, sanctions derogations requests) and ensure follow-up of remedial action plans.
  • Contribute to the data management and other transversal activities and projects, including ensuring process efficiency, production of metrics/KPIs and monitoring of norms activities, execution and review of quality assurance checks and 1LoD controls, management of findings and recommendations, creation and update of documents framing the Norms team activities (operational procedure, control plan, guidelines, user guides, checklists) and the design/delivery of Trainings in coordination with the GFS U.S. Learning team.
• Ensure an advisory role on the implementation of GFS Sanctions norms and processes based on inquiries from various stakeholders (Compliance, Business, Legal, Internal Audit, Supervisors etc.), including in the context of an entity acquisition / portfolio acquisition / or in case of new activity starting from scratch.

Minimum Required Qualifications:

• Undergraduate/Graduate degree: legal background, international/business law studies
• 4-8 years’ experience in a legal, compliance, audit and banking environment (including working knowledge of data management banking products & services)
• Excellent written and oral communication skills, including the ability to communicate clearly, concisely and effectively to a wide spectrum of external and internal audiences, including senior executives
• Experienced at analyzing/interpreting regulation and applying regulation to Group standards for policies and procedures
• Experienced at distilling bank policies and procedures and producing training materials
• Ability to analyze and manage data; produce key performance indicators
• Strong organizational skills with ability to drive multiple initiatives to completion simultaneously
• Strong analytical and evaluative skills with ability to perform complex analyses, express opinion through clear and decisive argumentation
• Proactivity, sense of initiative and rigor
• Ability to conduct projects with global scale and embody firm values
• Ability to embody firm values 
• Strong command of Microsoft Office

Preferred Qualifications: 

• Fluent in both English and French language
• Knowledge of BNP Paribas Group activities and organization a plus

FINRA Registrations Required:  

• Not Applicable 

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

• Not Applicable 

SEC Security-Based Swap Dealer Associated Person:

• Not Applicable 

While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted.

The expected starting salary range for this position is between $105,000 to $140,000 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.

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.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.