BNP Paribas Securities Corp.
Job Title: Associate, Credit Solutions
Location: 787 7th Ave, New York, NY 10019
Duties: Manage systems, processes and personnel to uphold high standards of control on credit risk and operational governance. Perform in-depth credit analysis of leveraged loans (both single-name and portfolios; both broadly syndicated and direct-lending/private credit) and other high-yield instruments. Monitor performance of higher risk and/or larger positions, maintaining updated financial models and analysis of business risks. Review legal documentation, including credit agreements, indentures, intercreditor agreements. Participate in calls with and meetings with investment managers, company management, and other buy and sell-side professionals. Prepare and submit quarterly and annual reviews on higher risk / watch-listed assets. Provide real-time opinions on trading decisions and valuation. Collaborate with other research analysts. Lead/participate in Research projects. Maintain and develop risk management systems and produce reporting relating to exposure. Develop and Implement process automation tools (VBA) to streamline financial reporting and risk monitoring. Apply cross border expertise across European Markets to evaluate credit risk, ensure consistency in underwriting standards and provide effective challenge to investment decisions.
SALARY: $180,107 – $200,000/ year
Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)
Job Requirements: Master’s degree (US or Foreign Equivalent) in Corporate Finance, Financial Engineering, or Quantitative Finance and five (5) years of experience in Finance. Must have three (3) years of experience with: Hands-on experience in leveraged finance and private debt; Risk & Credit Monitoring – Expertise in credit event monitoring, annual/quarterly reviews and KYC compliance; Credit & Financial Modelling – Advanced skills in building and stress testing financial models, cash flow projections and loan valuation analyses; Portfolio Management and Reporting – Skilled in monitoring borrower performance, preparing detailed loan reports and presenting to committees; Process Automation (VBA) – Developed Automated Tools to Streamline credit analysis, reporting and team productivity; and Cross Border Expertise across European Markets. FINRA registration: SIE, Series 63 and 79 (pass exams within 3 months 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 Securities Corp
Job Title: Associate, Credit Solutions
Location: 787 Seventh Avenue, New York, NY 10019
Duties: Assist in the origination, structuring, portfolio management and syndication of structured finance transactions. Leverage BNP’s expertise in various asset classes by partnering with other business lines within Asset Finance & Securitization. Develop relationships with existing and prospective clients for the CLO & Senior Portfolio Financing (SPF) business, coordinating with Sales & Financial Institutions Coverage (FIC). Evaluate and identify the leverage needs of Direct Lending & other Credit investors and propose financing solutions as applicable. Provide analytical and project support on new and existing transactions. Prepare and present credit risk memos for credit risk committees in connection with mandated transactions and amendments. Model financial transactions using Excel for internal risk assessment. Maintain internal financial models and analyze business risks, capital structure, terms, valuation, and liquidity.
SALARY: $180,107.00 USD to $200,000.00 USD/ year
Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)
Job Requirements: Bachelor’s degree (US or Foreign Equivalent) in Economics, Finance, Mathematics, or Management and five (5) years of experience in Investment Banking, buyside credit, relevant securitization business or other relevant experience OR Master’s degree (US or Foreign Equivalent) in Economics, Finance, Mathematics, or Management and three (3) years of experience in Investment Banking, buyside credit, relevant securitization business or other relevant experience. Must have five (5) years of experience (or 3 with Master’s) with: Using securitization technology to provide structured credit solutions across various product types including ABLs, warehouses, TRS, rated products; Building borrowing base and other cash flow models to underwrite a portfolio of credit assets; Preparing credit memos outlining the structural protections and asset performance of underlying assets; Evaluating portfolios across Direct Lending, Opportunistic credit and Asset backed finance to originate transactions; Assisting in the pricing and distribution of bank held tranches to co lenders and other credit investors; and Analyzing the credit strengths and risk/ mitigants of transactions across corporate credit and other asset backed financings. FINRA Registrations Required: Series 7, 63 and SIE.
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: Vice President, FX PB Developer
Location: 525 Washington Boulevard, Jersey City, NJ 07310
Duties: Design and develop new pieces of software or to enhance existing software to provide a new functionality List. Analyze, design, and develop software applications using Java, Spring framework Technologies in multiplatform environment. Map project requirements to the spring boot microservice-based architecture and create technical design documents. Full software development lifecycle; inclusive of design, programming, integration testing, UAT and deployment. Manage the release process by raising appropriate requests and coordinating w/ CM and APS Teams. Deliver prioritized projects within agreed timeframe and budget. Identify and address the fix for production issues within a minimum time. Participate in Development and Integration of FX proprietary system. *Telecommuting permitted 50%: work may be performed within normal commuting distance from the BNP Paribas office in Jersey City, NJ.
SALARY: $189,592 – $200,000/ year
Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)
Job Requirements: Bachelor’s degree (US or Foreign Equivalent) in Computer Engineering, Electronics Engineering, or related field and eight (8) years of experience in Software Engineering or Development OR Master’s degree (US or Foreign Equivalent) in Computer Engineering, Electronics Engineering, or related field and six (6) years of experience in Software Engineering or Development. Must have eight (8) years of experience (or 6 with Master’s) with: Working with Oracle database environment; proficiency in Java platforms and related technologies, such as Spring Framework, Concurrency, Multithreading, JDBC, and Functional programming using Lambda; Expertise in version control system, such as Git; Experience in Build tools and plugins, such as Maven, Gradle, and Ant. Must have six (6) years of experience with: Cloud Application design involving Spring Cloud Framework. Experience with Application Server, such as IBM WebSphere, Web Server, Apache Tomcat, and IIS; Microservices Container Architecture, such as Spring Boot and J2EE tool suits. Must have three (3) years of experience with: Real-time messaging technologies (ex MQ-Kafka…);overall web architecture design, optimization and improvement; Knowledge and experience of UI technologies, HTML5, Java Script, Angular and CSS; Knowledge and Experience of Swagger Open API Documentation and Rest API.; Knowledge and Experience of CI/CD with Jenkins or equivalent. e.g. Bamboo; Experience in Banking industry.
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, SLA Coordinator
Location: 525 Washington Blvd, Jersey City, NJ 07310
Duties: Responsible for oversight and governance around all Service Level Agreements (SLAs) between BNPP entities of the North American Region and the rest of BNP Paribas Group entities worldwide. This includes documenting all services exchanged between BNP Paribas entities and serve as the point of contact for any SLAs related to the North American Region (scope includes U.S. entities as service provider or recipient of services). Manage the SLA process from introducing agreement to entities to negotiating its details. This entail operation in subject matter expert-capacity to perform business analysis, guide and advise business owners, relevant stakeholders, and senior management how to properly document a relationship and assist in the development or improvement of SLAs in order to help facilitate services amongst the various entities of BNP Paribas. Manage and coordinate the development or improvement Agreements Process from initial analysis ( if none exist today) and optimize already existing Agreements so as to help facilitate services among the various different BNP Paribas entities. Facilitate technical and legal negotiations with each of the entities involved with North America functions [notably Tax, Compliance, Finance, Data Office, Legal, Third-Party Risk Management] on specifics relating to the Agreements, establish review process, manager version control, channel feedback, and provide clarifications with the support of the legal department and/or business sponsors if required. Facilitate and manage the editorial, review, and proof-read process together with concerned Entity ensuring Agreements are written in a clear, concise, and precise manner, agreeable and understood by all parties involved. Maintain SLA framework by ensuring that ensure that SLAs are drafted and executed in line with regulatory requirements and Third-Party Risk Management Framework for affiliate’s including but not limited to respective onboarding in BNP Paribas TPRM (Third Party Risk Management) tools with respect to monitoring risk arrangements and risk rating. This includes coordinating with Operational permanent control to assess RCSA of business activities, accurately mapping relevant data points such as process codes that follow the Bank Group Taxonomy and onboarding SLA relationship in CIB TPRM tools such as RISK360 and Process Unity to monitor risk arrangement. Perform Gap analysis yearly control which includes coordinating with cost accounting teams to extract the data from various tools and then run analysis on territory group charges, step 1.5 and cost-plus invoices. Following that with performing in depth research and analysis regarding the identified gaps, cross check referential data with business line cost allocation methodology, revenue sharing and métier/entity mapping. Manage year-round SLA recertification in accordance with RISK417 Outsourcing policy, by ensuring there is accurate and timely attestation of SLA accuracy as it relates to services provided, related pricing, risk levels documented. In addition to this, manage any necessary changes through the controlled workflow process of termination or recertifying. Provide technical support and guidance to business sponsors or other parties involved in using BNPP tools (DOCS and Argos) and maintaining the electronic library in the local NAR SharePoint site and the global Argos repository, once fully implemented. *Telecommuting permitted 60%: work may be performed within normal commuting distance from the BNP Paribas RCC Inc. office in Jersey City, NJ.
SALARY: $103,200 – $125,000/ year
Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)
Job Requirements: Bachelor’s degree (US or Foreign Equivalent) in Data Analytics, Operations research, or related and one (1) year of experience in inter affiliate SLA coordination. Must have one (1) year of experience with: Strong analytical, business analysis and financial data reconciliation skills; developing interactive dashboard using data visualization tools such as Power Bi; In-depth understanding and interpreting legal entity structure and jurisdiction in multinational corporation setting; High proficiency in Microsoft Excel, including Excel VBA, power query, and power pivot functions; Regulatory and internal control knowledge of inter-entity agreement; Intermediate Project management skills, for projects related to trade workflow design, regulatory reporting remediation, and gap analysis and recommendation; High proficiency in managing and configuring SharePoint and similar cloud-based platforms; Proficiency in Audit trail maintenance and regulatory compliance monitoring; Advanced capability to manage and coordinate full-cycle regulatory and operational processes and workflow; and In-depth understanding of Operational Risk and Control frameworks.
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, Credit Analyst (Financial Sponsor)
Location: 787 Seventh Avenue, New York, NY 10019
Duties: Prepare credit memos on new deals and annual reviews for extensions of credit to private equity funds, private credit funds, business development companies and asset management companies. Perform financial, industry and risk analysis to support derivative, financing and lending activity to this client base. Work with relationship managers, business lines, risk partners, legal and clients to ensure proper structuring of new transactions and credit terms in legal agreements. Assign internal risk ratings for clients and deals to drive capital requirements and internal approval delegation. Utilize internal credit analytics tools to simulate counterparty credit risk exposures and mitigate limit breaches. Evaluate complex structures of private equity/credit funds and recommend appropriate remedies for risk mitigation through guarantees and other legal protections. Lead due diligence calls / meetings with clients to evaluate key risk factors including entity structure, leverage, liquidity, investor base composition and trading strategy. Train junior team members on key credit skills and considerations to ensure no credit losses for the firm. Participate in ad-hoc projects for improvements in credit risk frameworks, tools and senior level industry analysis around the sector specialty. *Telecommuting permitted 40%: work may be performed within normal commuting distance from the BNP Paribas RCC, Inc. office in New York, NY.
SALARY: $140,000 – $150,000/ year
Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)
Job Requirements: Bachelor’s degree (US or Foreign Equivalent) in Finance, Economics, or related field and three (3) years of experience in offered or related roles. Must have three (3) year of experience with: Financial Sponsors and Alternative Funds; Analyzing Financial Statements of Private Investment Funds, including leverage, liquidity, performance, portfolio diversification and asset quality; Counterparty Credit Risk focused on fund structures, market dynamics for illiquid alternative funds and structuring deals and credit proposals; Expertise in banking products, covering both lending (capital call subscription lines, BDC revolvers, NAV lending) and capital markets (FX and rates hedging, loan TRS, repo, Prime Brokerage) offerings; Familiarity with credit terms in key legal agreements which include ISDA, GMRA, and loan documentation; Knowhow of Private Equity and Private Credit Financing; Proficiency in MS Tools; Portfolio Management.
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, Credit Manager
Location: 787 Seventh Avenue, New York, NY 10019
Duties: Manage systems, processes and personnel to uphold high standards of control on credit risk and operational governance. Perform in-depth credit analysis of leveraged loans (both single-name and portfolios; both broadly syndicated and direct-lending/private credit) and other high-yield instruments. Monitor performance of higher risk and/or larger positions, maintaining updated financial models and analysis of business risks. Review legal documentation, including credit agreements, indentures, intercreditor agreements. Participate in calls with and meetings with investment managers, company management, and other buy and sell-side professionals. Prepare and submit quarterly and annual reviews on higher risk / watch-listed assets. Provide real-time opinions on trading decisions and valuation. Collaborate with other research analysts. Lead/participate in Research projects. Maintain and develop risk management systems and produce reporting relating to exposure.
SALARY: $150,000 – $200,000/ year
Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)
Job Requirements: Bachelor’s degree (US or Foreign Equivalent) in Corporate finance, Financial Risk Management, and/or quantitative training (e.g., Mathematics, Computer Science, natural sciences, engineering, economics, etc.) and three (3) years of experience in Finance. Must have three (3) years of experience with: Experience in leveraged loans; Performing financial and credit analysis, and transactional execution; Conducting financial research using web-based databases, including S&P, Moody’s, CapitalIQ, and/or Pitchbook; Analyzing legal documentation to interpret the facility structure and evaluate the secured lender protections.
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, 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.