About the job
BNP Paribas Securities Services is the bank for financial institutions, handling operational transactions linked to their securities accounts. As a branch of BNP Paribas, our mission consists of protecting our clients’ assets and managing their operational transactions throughout the whole investment cycle
As part of Derivatives Execution and Clearing (DEC) business line, the Derivatives Clearing Officer has to handle middle-office and back-office activities on his/her markets scope
Your Main Activities Are
Be the 1st point of contact for all counterparties (clients, brokers, Central Counterparties (CCPs)) with regards to trade allocation/clearing
Top day trade monitoring and allocation for involved exchanges to ensure Straight-Through-Processing (STP) trade flow
Follow up of pending trades closely and ensure all clients trades are booked at T-day
Perform timely reconciliation between internal systems and Exchanges ones
Identify, assess, monitor and control the risks of the activity
Clearing Houses vs Back Office Reconciliations (margins, premiums, positions, initial margins)
Ensure that reports sent to clients are reliable
Manage daily payments and intra-day margin calls
Ensure that all clients related issues, queries and request are addressed in an efficient, accurate and timely manner
Monitoring of corporate action events impacting the underlying contracts
Follow up of instructions settlement processing
Maintenance of the accountancy balance (Market fees reconciliation, CCP vs client cash flows, among others)
Participate in projects to drive the business forward to deliver internal or market system releases (Market releases, Middle Office (MO) / Back Office (BO) tools enhancements, among others)
Profile and Skills to Success
Bachelor’s Degree
Proficiency in Microsoft Office (Word, Excel, PowerPoint)
Fluency in English
Availability to work from 10h to 19h
Attention to detail
Communication skills
Proactive, motivated and willing to absorb new concepts
Ability to adapt and respond to changing work situations and environments
Team player
Ability to handle multiple tasks simultaneously and work well under pressure
Self-starter with ability to work effectively with minimum supervision
Responsiveness, accountability and adaptability
#LI-Hybrid
Why joining BNP Paribas?
BNP Paribas, the European leader in banking and financial services in Europe, operates in 64 countries and has nearly 180,000 employees. The Group is structured around three operating divisions. Its business lines cooperate closely, as part of our integrated model, to meet the needs of all our clients in a coordinated manner:
Corporate & Institutional Banking (CIB) , connects corporate clients needing financing and institutional clients looking for investment opportunities;
Commercial, Personal Banking & Services (CPBS) , brings together all the Group’s commercial & personal banking and several specialised businesses;
Investment & Protection Services (IPS) , combines a unique continuum of products and services across protection, saving, investment and real-estate.
Our presence in Portugal
In Portugal since 1985, BNP Paribas today has more than 9.700 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 excellence centers providing value-added services to various countries where the BNP Paribas Group also operates.
Diversity and Inclusion Commitment
BNP Paribas´ ambition is to cultivate an open and responsive environment for all that encourages collaboration and interaction. We demonstrate our commitment by actively contributing to the Group’s Diversity and Inclusion strategy and goals, in line with the United Nations Sustainable Development Goals. As part of our local Corporate and Social Responsibility - Diversity & Inclusion strategy, BNP Paribas Portugal is committed to:
Promote a fair and unbiased recruitment process and offer professional development opportunities to all employees;
Celebrate diversity and advocate for inclusion, both externally and internally, encouraging employee’s participation, creating space for different voices to be heard.
To foster the effort of BNP Paribas Portugal, multiple initiatives and events take place throughout the year where our people can find out more on the importance of diversity inclusion at the workplace and in our society.
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 options adapted to our hybrid working environment. To ensure a comfortable and efficient working setup, eligible employees are provided with both office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional items at reduced prices.
Commitment towards work/life balance
Supporting employees in a hybrid way of working while providing them with the means to maintain a work-life balance is an essential dimension of our Smart Working program. At BNP Paribas, we care about our employees’ wellbeing and promote a culture of good integration between work and personal life.
To find out more on why you should join BNP Paribas please read our Employee Value Proposition and our Career path page .
- 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.
