Vice President - Agency Securities Lending Senior Trader

Business Overview:

BNP Paribas Securities Services incorporates several distinct, yet complementary businesses including securities lending. The Agency Lending business is seeking qualified candidates to assist in the continued development of the product in North and South America. With almost a hundred front and back office staff based across three international locations, the candidate will play an intricate role in the trading component of the business.

Candidate Success Factors:

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

• Results and Impact
  • Able to influence peers and team.
  • Demonstrates good judgement when making decisions of high complexity and impact.
  • Exercise appropriate autonomy in the execution and delivery of work.
  • Responsible for driving outcomes, which have meaningful effect on team or department.
• Leadership and Collaboration:
  • Creates trust with colleagues.
  • Acts in leadership capacity for projects, processes, or programs.
• Client, Customer and Stakeholder Focus:
  • Able to build relationships with a mix of colleagues and clients.
  • Interacts regularly with management and department leaders.
  • Demonstrates the ability to influence stakeholders at the team level.
• Compliance Culture and Conduct:
  • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
  • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
  
  

Responsibilities:

• Enhancement of automation for Agency Lending trading, improving operational and execution functionality
• Actively review client holdings to extract maximum revenue across all asset classes
• Define and implement trading strategies in accordance with client mandated guidelines, offering suggestions to clients to increase performance
• Ensure trading activity aligns with client and Bank policies and procedures
• Liaising with Agency Lending teams to support management of the business including Global Trading, Operations, Client Management, Technical Sales, Risk and Compliance
• Monitor and aggregate industry data including performance benchmarking and reporting.
• Ability to analyze and execute money market eligible securities transactions (CP, Repo, etc.).
• Expand borrower base to distribute supply of program assets including equities and fixed income, global and domestic supply
• Engage with industry vendors and internal partners to expand agency lending opportunities with prospects and clients
• Lead several project management work-streams to achieve efficiency in operating model and business development

Minimum Required Qualifications:

• Bachelor’s degree in business, economics or similar field;
• Proven track-record of leadership and mentoring individuals along with substantial counterparty relationships
• Proficient with industry standard programs, tools and models with advanced knowledge of Excel
• Has excellent attention to detail within a highly process-driven role
• Must team oriented, a self-starter and proactive, with the ability to think and analyze situations
• Ability to perform well under pressure & meet time-sensitive deadlines
• Has the ability to multi-task & manage various ad-hoc projects
• Excellent verbal and written communication skills
• Strong business analysis and problem solving skills; Able to be given delegated responsibility to define appropriate solutions
• The candidate will be aware of the large financial risks that can be incurred through operational errors and negligence

Preferred Qualifications:

• Knowledge of Financial markets
• Previous experience of Securities Lending, minimum of 5 years
• Light coding skills to implement automation into daily processes

FINRA Registrations Required:

• Not Applicable

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

• Not Applicable

SEC Security-Based Swap Dealer Associated Person:

• Not Applicable

The expected starting salary range for this position in New York is between $150,000-190,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. In the United States, BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

The bank employs nearly 6,000 people and has a presence in the country since the late 1800s in major cities including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver and Washington, DC.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

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