About the job
The Documentation Drafting Analyst's mission is to manage the subsequent risks undertaken by the business lines by checking the integrity and accuracy of the booking. The teams primary function is to support the Trading and Sales desks through the drafting of OTC physical confirmations on a variety of products (vanilla, exotics, complex structures) and asset classes (Foreign Exchange, Money Market, Credit and Interest Rates Derivatives, Equity Derivatives, precious metals and other commodities) by performing a critical control role in the timely reconciliation of bookings with the term sheet and the confirmation, also being responsible for notifying all post trade events with clients. The teams ensure that all transactions subject to a manual physical confirmation are controlled, issues identified, reported and fixed by working closely with traders, sales people, legal and other relevant departments in the bank. The team is also involved in process improvements with a special focus on straight through processing (STP) and management of risk and controls, new product initiatives, development of new business in different regions of the world
Your Main Activities Are
Draft legal confirmations based on ISDA (International Swaps and Derivatives Association) definitions for all products including Swaps, Forwards and Options, for example Option Strategies (Barrier, Knock-in Knock-out, Accumulator) and Hybrid Strategies
Trade review of risk booking and term sheets to ensure that they are in line prior to sending the documentation to clients
Monitor workflows to ensure the confirmations are prioritised accordingly and ensure the timely dispatch of confirmations
Meet regulators timelines targets
Issue post trade events notifications to clients such as barrier triggering (Knock-in / Knock-out), expiries, exercises and early terminations
Be the direct point of internally escalation on documentation and template queries
Work closely with the Matching teams in order to solve discrepancies on incoming confirmations
Maintain effective working relationships with Front office Trading and Sales, Legal, Compliance, IT and other Operational areas in London, Paris, Montreal, Singapore and globally through daily interactions
Profile and Skills to Success
Bachelor Degree in Finance, Economics or Accounting
Up to 2 years of professional experience within banking and financial operations
MS Office Pack Microsoft Excel proficient knowledge
Fluent in English, verbal and written
Ability to collaborate and teamwork
Attention to detail and rigor
Client focused
Adaptability
Critical thinking
#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.
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.
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
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- 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.