
Wealth Management Front Office Trainee
Wealth Management Front Office Trainee
ReferenceWMFOT
- Internship
- PT-Lisbon
- FINANCIAL AND TECHNICAL EXPERTISE
About the job
- The trainee would equally share hisher time across 2 teams: Execution Middle Office and Execution Desk
- The main mission of the Execution Middle Office (EMO) is to capture and validate market deals from our Execution Desk. Additionally, the products held in our portfolio have to be priced on a daily basis to assure an accurate client portfolio valuation. Post-trading reporting is also part of the scope of EMO, the idea is to report to the regulators all transactions performed on the previous day
- Other tasks, also related with the products kept in our portfolio are performed regularly, such as database maintenance and enrichment, costs & charges, target market and others
- The team services clients from different BNP Paribas WM entities (Switzerland, Luxembourg, Monaco and Germany)
- The mission of the Execution Desk team is to provide high quality service on execution of client orders on equities, bonds, ETF, listed derivatives (and vanilla equity OTC derivatives for a limited number of clients) for BNP Paribas Wealth Management International Markets clients; and to ensure monitoring of transactions’ processing and related risks involved in execution activities
Your Main Activities Are
- Assist the EMO team with the preparation and improvement of internal reports
- Enrich the EMO database with financial information related to Structured Products, sourced in Bloomberg/Reuters
- Contribute to the activities’ continuous improvement
- Analyse and implement controls under MiFID II framework
- Assist the ED team in improving and streamlining process
- Assist the ED team in ensuring transaction control
- Contribute to the drafting of market comments prior to market opening
- Act as a liaison officer between the two departments to find and implement synergies
Profile and Skills to Success
- Bachelor’s Degree in Finance
- Knowledge of financial instruments and investment services
- Knowledge in Microsoft office tools, in particular Excel, Power Point and Access
- VBA, SQL or Python coding capabilities
- Fluency in English
- Communication skills
- Organisational skills and attention to details ability
- Analysis capacity, rigor and accuracy, dynamism, flexibility and autonomy
#LI-Onsite
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 centres 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 the Group’s retail activities and specialised business lines;
- Investment & Protection Services that include specialised 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.