Electronic Index Trader
BNP Paribas
London, ENG, GB
1d ago

BNP Paribas Corporate & Institutional Banking (CIB) is a leading investment bank withglobal leadership in many of our businesses.

We are part of the BNP ParibasGroup, a financial institution with solid foundations and a proven ability toadapt to change.

BNP Paribas CIB, with nearly 28,000 employees in over 50countries can offer you an exciting and truly global start to your career, acareer where you, your ideas and your development matter.

We work continuously on behalf of ourclients, helping them to realize their projects around the world. Our successis built on doing things differently, serving our clients and societyresponsibly, encouraging new ideas and giving our people the room to grow andinnovate.

If you are analytical, numerate and entrepreneurial, if you can,quickly understand complex financial concepts, if you speak good businessEnglish and are ready to learn, we want to hear from you.

AMM (Automated Market Making) activities are rangingfrom building electronic market-making strategies, algos design, executionstrategies to provide liquidity internally and externally on a wide range ofproducts and subsequently hedging risk inherited from client-

facing, internaland on-exchange flows. AMM activities rely upon a state-of-the art technicalarchitecture, low-latency trading systems and market-accesses.

Role responsibilities :

To support the fast growth of the Automated Market-Makinggroup, the candidate will be joining a team of London-based traders. She or hewill :

Develop the Indextrading capacity (Futures market-making) :

Enhance market-making strategies and positioning algorithms throughmodelling and back-testing.

Optimize hedging strategies at trade level and book level

Monitoring pricing parameters and risk-managing the book (dividends,repo, delta)

Handling the trading book day-to-day (index rebalancing, corporateactions)

Leverage the electronic infrastructure to expand the bank’s Clientfranchise

Maintain BNP Paribas’s leadership amongst banks as an electronicderivatives market-maker

Develop the Equity algorithmictrading capacity :

Developing the equity execution platform along with Strategists,including new algorithm and technical evolutions. This includes riskcentralization on equities and derivatives.

Monitoring execution performance and investigate potential issues

Leverage a flexible entrepreneurialhuman and technical working environment to developing pricing, market-making,execution, risk trading capacities for the benefit of the whole bank and itsClients.

Profile :

Graduate level to 2-years of experience

Analytical background : Ideally a top ranked engineering University (+ MSc in Finance a plus). English / French bilingual.

Uncompromising attention to detail and rigor. Ability to work in a fast-paced environment. Risk awareness.

Ability to quickly apprehend complex technical infrastructures.

Advanced level in any object-oriented language. Python a plus, VBA a must.

Conduct

  • Be a role model, supporting and fostering a culture of good Conduct
  • Demonstrate proactivity, transparency, and accountability for identifying and managing conduct risks
  • Consider the implications of your actions on colleagues, partners and clients before making decisions, and escalate issues to your manager when unsure
  • Business risk

    Demonstrates a good awareness of risk and fundamental risk concepts.Always considers risk in his / her daily activities and abides by the Key Front Officer Responsibilities andGuidelines.

    Understands the market, credit, operational, compliance, legal, regulatory and reputational risks of transactions he / she managers

    Essential personal skills

    Effective communicator who can align people to the broader vision for the business whether they are directly managed or simply influenced by the individual in question

    Communicates pro-actively with management, escalating issues as necessary

    Diligence

    Displays dedication & prioritises problems by considering the impact on the business; identifies quick-wins

    Resilience

    Stays calm and positive, controls his / her emotions in conflict or any situation of intense stress (due to market, time or client pressure).

    Ability to undertake a number ofissues simultaneously is essential as well as the ability to work under considerable pressure

    Passion, tenacity and resilience in an ever changing environment

    Innovation

    Thinks laterally to identify other sources of useful information and sees ways around obstacles and barriers.

    Please note that all applicants must disclose whether that they possess the right to work in the U.K. as per the Immigration, Asylum, and Nationality Act of 2006.

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