In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860.
Currently with over 18,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs.
It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.
Worldwide, BNP Paribas has a presence in 68 markets with more than 193,000 employees. It has key positions in its three main activities : Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises : corporate clients and institutional investors.
Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.
BNP Paribas offers you an exciting career in an international business environment that is fast-paced, diverse and focuses on creating high-value relationships with our clients.
We offer competitive salary and benefits, as well as a working environment where you’re valued as part of the team.
https : / / careers.apac.bnpparibas /
Provide a daily PNL to each desk and to the Bank’s management.
Ensure that PNL is fair and complies with the EQD Business line methodology.
Ensure that the PNL is calculated from the reference positions and that these positions are real and checked.
Effect controls on key elements of the PNL
Document all exceptional PNL moves for Management.
Produce accurate daily analysis of P&Ls to Trading desks and bank's management.
Responsible for current controls on key elements (positions, market data, adjustments, reserves) and liaise with internal departments in case of issues.
Perform FO / MO reconciliations between Trading P&L estimations at T and Official MO P&L at T+ 1 and both explain and investigate P&L breaks to FO if any.
Adjust the P&L if necessary to secure correct P&L reporting and document each adjustments ( primo for dailies, XL for monthly)
Monitor daily Funding and fees.
Interact daily with traders to explain the results of their P&Ls and seek their daily sign-off.
Report, Comment and Validate the P&Ls into the Official Reporting tool
Monitor and reconcile monthly RCM and PCG reserves during EOM process.
Active follow up on updating documentation.
Organize a monthly meeting with trading to go through all P&L issues during the last month.
Escalate issues to management on the fly and via Orus.
Confirm PV to collateral management.
Contribute to :
Participate to global projects related to MO or P&L processes improvements.
Participate to local projects related to systems migrations.
Participate to the improvement of the productivity within the team by proposing initiatives
Competencies (Technical / Behavioural)
Strong Equity derivatives products knowledge including its models and valuations
Self-discipline and strong autonomy : The candidate must be a self-starter who should be able to work on its own with little supervision.
Analytical mindset and Attention to detail : Aptitude and desire to understand financial pricing models. Ability to notice any abnormal processes and PNL figures.
Innovation and initiatives : Demonstrate willingness to constantly improve the status quo.
Understand the processes in place and evaluate if needed alternative options to do things better (cost - benefits / ROI approaches). Think outside the box .
Adaptability : Ability to adapt to new situations (new booking systems, new products, new activities to manage )
Client Focus : Capacity to work with various clients. Act as partnership with them.
Escalation process / Reporting : Internal rules of reporting and escalation to Finance, MO, and FO are known & applied
Specific Qualifications Required
A Master degree is required, preferably in Economics or Mathematics.
Masterized Excel - Programming skills (VBA, Excel, Access) is a plus.