Wealth Management Corporate Actions / Income Trainee

August 13, 2024

Wealth Management Corporate Actions / Income Trainee

Reference12355600

  • Internship
  • PT-Lisbon
  • TEMPORARY STATUS
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About the job

  • As a leading global private bank, we deliver a tailor-made experience, with outstanding attention to detail along with precise, local knowledge backed by the global expertise of a worldwide banking group.  With a strong presence of almost 7.000 employees working in Europe, Asia and the United States and €393 billion of assets under management as of December 2019, BNP Paribas Wealth Management (“WM”) is a global leader of the Private Banking industry
  • Since 2015, BNP Paribas Wealth Management has a competences center in Lisbon named the Portugal International Markets Hub (“PIMH”). This center manages certain activities for the International Markets (“IM”) sites of BNPPWM namely Switzerland, Luxembourg, Germany and Monaco
  • BNPP Wealth Management operations teams are currently growing in Portugal. This is a very interesting opportunity to join the growing PIMH family as a Corporate Action Trainee

Your Main Activities Are

  • Analyze and manage corporate actions events received from the market
  • Chasing of the custodians for resolution of discrepancies
  • Management of corporate actions letters for WM clients
  • Validation of swift instructions
  • Booking of the operations in our systems according to the options elected by the clients
  • Follow up and resolution of the pending cash and securities items in relation with the reconciliations team
  • Participate in the continuous improvement of processes, with daily suggestions
  • Communicate with other back offices teams, relationship managers and WM entities

Profile and Skills to Success

  • Bachelor’s Degree in Economics, Finance, Business Administration or Accounting
  • Fluency in English
  • Good interpersonal skills and team player
  • Reactive and eager to learn 
  • Ranking of priorities
  • Rigorous, with risk awareness
  • Customer-oriented
  • Adaptability and flexibility

About the Team

  • The Corporate Action team is responsible for the booking of corporate actions on securities and funds, on the portfolios of the clients

#LI-Hybrid

Why joining BNP Paribas?

· Leading banking institution

BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.

· Our presence in Portugal

In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Group’s 10 business entities established in the country. Its presence also extends to 11 excellence centers providing value-added services to various countries where the BNP Paribas Group also operates.

· International reach

Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions:

  • Retail Banking, a division that brings together all of the Group’s retail activities and specialized business lines;
  • Investment & Protection Services that include specialized businesses offering a wide range of savings, investment and protection services;
  • Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.

· Diversity and Inclusion commitment

BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.

· Commitment towards work/life balance

At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.

· Remote Working Conditions

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices.

To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal

* Please note that only applications submitted in English will be considered.

* In case you are selected for this role, further documentation will be requested to support your hiring process.