IRFX Middle Office Trade Support Analyst

BNP Paribas offers you an exciting career opportunity in an international, challenging business environment characterized by high pace and diversity with focus on creating valuable relations with our customers. We offer a competitive salary & benefits package and also an excellent work environment where you’re valued as part of our team!

About BNP Paribas in Asia Pacific ( www.apac.bnpparibas )

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 15,000 employees* and a presence in 14 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.

Worldwide, BNP Paribas has a presence in 74 countries with more than 190,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.

BNP Paribas offers you an exciting career opportunity in an international, challenging business environment characterized by high pace and diversity with focus on creating valuable relations with our customers. We offer a competitive salary & benefits package and also an excellent work environment where you're valued as part of our team!

* excluding partnerships

Position Purpose

• Trade Support role seated within Middle Office
• Providing support to Front office and Bank office
• Coordinate compressions

Key Responsibilities

1. TRADE SUPPORT

• Ensure that Rates Derivatives Vanilla and Exotics trades are reconciled with external source and rectify discrepancies on the same day
• Ensure that deals are properly interfaced from Front Office to Middle Office and manually book the deals in Middle Office in the event that interface is not working
• Monitor and process option exercises and special events
• Post amendments, market events and cancellations
• Resolve queries from BO via In-House communication tools
• Reconcile PV of trades between Front Office and Middle Office at the end of each day
• Account for all daily outstanding and unprocessed trades

2. FUTURES

• Ensure that brokered futures trades are reconciled with external source and rectify discrepancies on the same day
• Notify relevant parties for un-cleared futures trades sent by Paris Back Office
• Reconcile daily the Futures positions in Front Office and Back Office
• Monitor and notify Front Office on upcoming futures maturities
• Account for all unmatched Futures and highlight night/late transactions transacted

3. COMPRESSION

• Coordinate compression with TriOptima, Capitalab, bilateral parties and etc
• Participate and roll out new compression initiatives

4. CONTROL

• Ensure all controls are in place and reconciliations front-to-back are investigated and reconciled:
i. Emails from Back offices, Middle offices and IT are investigated
ii. Emails from Credit Risk control are investigated
iii. Abnormal Trading are investigated and accounted

Competencies (Technical / Behavioral)

• Proficiency in English and Mandarin
• Proficiency in Microsoft Office
• Basic knowledge on VBA - Hands on experience to develop and modify Macro spreadsheet
• Murex knowledge preferred
• Responsible, meticulous, self-motivated, fast learner, positive attitude
• Possess great team spirit but yet can work independently
• Confident and possess good communication and interpersonal skills
• Highly driven, resourceful and result oriented

Specific Qualifications Required

• Tertiary qualification
• Minimum 3 years relevant experience
• Willing to work on public holiday on rotation basis

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