Applications for this job are now closed
BNP Paribas is the European Union’s leading bank and a key player in international banking. We operate in 65 countries and employ 190,000 people, including nearly 145,000 in Europe. Our Group holds key positions in its three main fields of activity: Commercial, Personal Banking & Services; Investment & Protection Services; and Corporate & Institutional Banking (CIB) for corporate and institutional clients.
Our Securities Services business, which forms part of CIB, is a leading global custodian providing specialist post-trade and asset servicing solutions to buy and sell-side market participants, corporates and issuers. Based in 35 locations around the world, our award-winning Securities Services teams have built one of the most extensive custody network in the industry, giving clients the connectivity and local knowledge they need to navigate change in a fast-changing world.
We are proud to be part of the Investment20/20 Trainee Scheme. Joining us as a trainee means you will become part of one of the strongest banks in the world with one of the largest international networks. We strive to recruit and develop the best people at all levels, and are offering a one year placement within our Securities Services business to those seeking to enter the financial services sector.
The programme offers an excellent opportunity to gain hand's on experience and will give you the chance to experience a full-time role in one of our business lines or functional areas. From the outset, you will be contributing to the output of your team, taking responsibility and working with leading professionals.
The role
We have an opportunity for a trainee to join our Market & Financing Services (MFS) Department. MFS provide a range of solutions to support our clients including securities lending (both agency lending and principal lending), foreign exchange (FX) - including voice instructions, automated transactions or passive currency overlay, triparty collateral management and a variety of financing solutions.
This is a great opportunity to work with busy trading teams and learn about a wide variety of products and services, including both securities lending programs, foreign exchange, financing, collateral management and also corporate actions. The trainee will experience a dynamic and stimulating trading environment yet one with small teams able to coach, nurture and develop talent. They will have exposure to a broad range of global clients and counterparts from different countries, cultures and backgrounds. The trainee will learn system skills ranging from industry standard platforms to more flexible bank owned systems.
Main duties will include
- Training across respective trading desks: Principal Lending, FX execution and Agency Lending
- Assisting with returns and recall processes for both Principal and Agency Lending
- Checking risk lines for trading teams
- Produce statistics on Principal Lending and Agency Lending
- Preparation of client reporting, including FX close of business reporting
- Assist with new client on boarding and existing client’s KYC (know your customer) documentation
- Assisting with corporate action events and fiscal documentation
- Preparing financing documentation
- Training with the Corporate Action team: processing USA income returns
- Enhancing control procedures
Candidate Profile
As a trainee within MFS you should have strong accuracy and numerical skills. You will be inquisitive and enjoy interpreting information and problem solving. You will have good MS office skills, communication skills, attention to detail and a highly organised approach. Multi-tasking and self-motivation is key as well as the ability to work well in a team.
The successful applicant will be a quick learner who genuinely wants to make the most of their time in a leading Financial Services Company and have a resourceful and ‘can do’ attitude.
Recruitment Process
The closing date is 11 November 2022. Applications will be reviewed and short listed candidates will be contacted for a telephone interview initially. Interviews will take place in November & early December with an anticipated start date of February 2023.
