Wealth Management Front Office Trainee

October 18, 2022

Wealth Management Front Office Trainee

Reference2210WEMA12887

  • Standard / Permanent
  • PT-11-Lisbon
  • TEMPORARY STATUS
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About the job

  • The trainee would equally share his\her 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 processes
  • 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 or equivalent
  • Interest of financial instruments and investment services
  • Knowledge in Microsoft office tools, in particular Excel, Power Point and Access
  • Excellent communication skills, verbal, written and listening in English
  • High organisational skills and attention to detail
  • Good analysis capacity, rigor and accuracy
  • Dynamism, flexibility and autonomy

About the Team

  • 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 know-how 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 competence center in Lisbon (PIMH, which stands for Portugal International Markets Hub) to manage activities for several locations (Switzerland, Luxembourg, Germany, Monaco)

#LI-Hybrid

Why joining BNP Paribas?

· Leading banking institution

BNP Paribas is a leader in the Eurozone, and a prominent international banking institution with strong roots in Europe's banking history. It has a presence in 65 countries, with around 190 000 Employees – including more than 145 000 in Europe.

· Our presence in Portugal

Since 1985, BNP Paribas was one of the first foreign banks to operate in the country. Today, the Group has around 7.100 employees across several entities operating directly in the territory, offering a wide range of integrated financial solutions to support its clients and their businesses.

· 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 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.

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