EQD INDEX AND STOCK FLOW ANALYST (JOB NUMBER: OPS-040523-003-SOS)

In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal's Top Employers in 2023. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.

The position at a glance

The Equities Derivatives (EQD) Flow Trade Support team provides essential operational risk management and control, preserving and enhancing the firm’s assets and its reputation. The bank has a substantial Equities trading presence in London, New York, and Asia.

The position is as an EQD Flow Trade Support Analyst. The selected candidate will report to the Team Supervisor. The team supports the execution of Equities based OTC instruments transacted by the Trading and Sales businesses with additional focus on risk management, reporting, client service, and strategic initiatives driven by technology, regulatory/industry requirements, and new business/products.

The role will encompass the tasks of ensuring efficient and accurate transaction processing across a broad range of products. Generally, the products supported are complex instruments that require close alignment with the business. A key focus for the organization is establishing strong risk management procedures and controls to ensure the firm and our clients are properly protected. The individual will be responsible of monitoring and proactively resolving trade breaks on Trade Date, performing PV checks to ensure all economic details are in line, ensure all positions and P&L match between deal capture systems and settlement systems, resolve all issues raised by Front Office and Back Office, and address any ad-hoc requests.

In detail

• Work with Front Office, P&L, Back Office, Third party vendors, and Application Support to resolve operational and booking issues
• Monitoring of operational risk by providing proper Front Office Support and ensuring the risk of fraud is set to a minimum
• Ensure accurate trading positions in FO system, the daily goal is to correct all discrepancies originated by system bugs, input mistakes, information loss
• Manage real-time trade booking exceptions internally between the trading desk and sales force
• Assist with project initiatives designed to improve and streamline existing processes
• Mitigate risk by reconciling discrepancies between the trading desk’s positions and the firm’s books and records
• Participate / assist in event processing and have a full understanding of the life cycle of a trade
• Collaborate with technology teams on the implementation of process flow improvements and efficiencies
• Contribute to quick resolution of trade issues by liaising with various groups including Front Office, Back Office, IT Team, P&L Controllers and Client Services
• Liaise with other Operation functions and other infrastructure groups to support a ‘one team’ approach
• Promote an efficient dialog/discussion with our internal and external partners
• Adhere to deadlines and objectives

The strengths and skills that will help you succeed

• Attention to detail and accuracy is imperative
• University degree in a related field
• The successful candidate will demonstrate a strong desire to learn the processes and products
• Strong interpersonal and communication skills is a must
• Flexibility to adapt to a new and changing environment
• Strong sense of risk and critical thinking
• Rigorous and very organized
• Maintains high quality of customer service
• Ability to effectively listen and communicate
• Knowledge of the English language is required
• Display good relationship qualities, team spirit, and ability to work across teams
• 3-5 years of previous work experience, including 2 years in a Derivative Middle office environment or prior experience in working with Trading/ Sales in a financial institution
• Strong qualification level in equity derivative markets. Financial market knowledge of derivatives products including Variance products, Option combination (call puts straddles) etc.

Preferred Qualifications:

• Ability to multi-task and prioritize in a fast paced environment
• Strong Excel/PC skills with proven ability to work with multiple systems
• Coding skills

What’s in it for you

In addition to competitive compensation, we offer flexible benefits including a family and spouse insurance program, a defined contribution pension plan and paid days for volunteering. Hybrid work arrangements, such as remote working up to 50% and flexible working hours are available for most positions. BNP Paribas provides excellent training and personal development programs, as well as opportunities for career development within the company and internationally.

To find out more about our range of benefits, click here

What you need to know

• We will review candidates as they apply, so don’t wait to submit your application;

• If you are selected to participate in the recruitment process, please inform Human Resources of any accommodations you may require. BNP Paribas will work with you to ensure that you are able to participate fully in the process;

• You must be legally eligible to work in the Greater Montreal area and, if applicable, hold a valid work or study permit. Physical presence in BNP Paribas’ office(s) is an essential function of this position;

• Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. These will be clearly mentioned in the qualifications of the position;

Diversity, Equity and Inclusion (DE&I) at the heart of our commitments

At BNP Paribas all employees are on an equal footing allowing us to create a work environment that values and respects people for their talents, skills and competences.

BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, colour, national origin, sex, disability, age, and other protected status (Employment Equity Act and Canadian Human Right Act).

To learn more about our DE&I commitments, click here

About us

BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 65 countries, with more than 190,000 employees, the bank holds key positions in several areas of banking and financial services.

BNP Paribas’ mission is to contribute to a responsible and sustainable economy by financing and advising its clients according to the highest ethical standards, while striving to respond to essential concerns in terms of the environment, regional development and social inclusion.

Since 1961, BNP Paribas has supported large Canadian companies and institutions in their business development by offering a full range of specialized financial services and investment products.

With over 1,200 employees, BNP Paribas in Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.

Our certifications and partnerships

• Montreal Top Employer 2023
• Canada's Best Diversity Employer 2023
• Women in Governance – Parity certified - Gold certification
• CCDI Consulting Inc. (Canadian Center for Diversity and Inclusion)
• Pride at Work Canada
• Rainbow Accreditation issued by Canada’s LGBT+ Chamber of Commerce (CGLCC)
• ROSEPH – Grouping of specialized organizations for the employment of persons with disabilities
• IndigenousWorks

Do you want to discover other BNP Paribas offers in Canada?

Click here: BNP Paribas in Canada | Our job offers

** Only selected applications that meet the requirements of the role will be contacted **

Primary Location

: CA-QC-Montréal

Job Type

: Standard / Permanent

Job

: OPERATIONAL EFFICIENCY TRANSFORMATION AND BUSINESS ANALYSIS

Education Level : Bachelor Degree or equivalent (>= 3 years)

Experience Level : At least 5 years

Schedule

: Full-time