About BNP Paribas
As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.
We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.
• BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
• BNP Paribas MixCity which fosters better representation of women at all levels of the organization
• Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
• BNP Paribas CulturAll which celebrates diverse backgrounds
BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.
https://careers.apac.bnpparibas/
Award Obtained
BNPP has won Top employer Europe award in a 10th consecutive year
Job Description
TRADING:
• Buy and sell a defined range of instruments (as per desk mandatet for our clients and take positions on behalf of the Bank within defined limits to facilitate client business, specifically for INR rates market.
• Provide market liquidity through market making in a defined range of instruments (as per desk mandate and limits; put in place hedging if appropriate.
• Monitor market news and events and evaluate the risk and opportunities for positions and strategy
• Closely follow-up the counterparty risk and any potential excess of credit line all market risks and any limit excess.
BOOKING:
• Ensure all pre-trade requirements are conducted. (credit lines check in particulart
• Ensure that all transactions are timely and accurately booked in appropriate trade capture systems.
• Ensure that all transactions are timely sent to middle office and/or back office.
INDEX CONTRIBUTION:
• Submitters and Reviewers as well as their respective back-ups of the contributions are expected to comply strictly with the
• Group policy regarding their professional standards, as well as their duty to support the market integrity (Group Code of
• Conduct principals . They are to comply with all local requirements prescribed by the Authority on such contributions.
• Any attempts to manipulate submissions are subject to the disciplinary procedures, sanctions according the Group policies
PNL
• Contribute to the daily P&L at the close of the day and facilitate its confirmation by Middle-Office.
• Prepare a P&L explain each day and escalate any unexplained elements to desk head for sign off.
• Provide management with accurate information to analyze the P&L structure
• Monitor the level of broker fees ensure their relevance vis a vis the current market practice and desk activity
• Work closely with the procurement group and Middle Office to minimize broker and custodian fees
Requirements
• Previous INR rates market trading experience required.
• Proven ability to generate positive P&L
• Client focus: Complete commitment to provide professional, intelligent and timely responses to our clients' needs and to changes in the market
Good communication skills. Ability to convey thoughts clearly and succinctly and to communicate pertinent complex information in a clear and organized manner
• An experience in global markets/financial markets and specifically trading INR rates market.
• Bachelors or Master's degree in business, economics or other quantitative major
• Solid quantitative and analytical skills, the ability to think quickly and make sound decisions in high stress situations, as well as a passion for financial markets and a fast-paced environment
are must haves.
