Job Title: Associate- Global Markets Documentation
Department: ISPL Documentation team
About Business Line/Function
Global Market Operations is a global team, incorporated in 4 main platforms (New-York, London, Hong-Kong and Paris) working very closely with Front Office (FO) (Sales and Trading), Back Office, IT, Finance, Risk, Valuations & Risk Control and Process teams.
Its main missions are to support efficiently the Front Office over the core controls performed post trades:
Trade support, Referential & Corporate Events, P&L;, Reporting, Control, Confirmation, Back Office and Settlement, Prime Brokerage, Execution and Brokerage
Position Purpose
The position will be a part of the confirmation drafting team for Equity Derivatives and will be primarily responsible for Documentation drafting-approving drafts of Equity Derivatives transaction.
The position requires working in a virtual team and international environment. It involves coordination with other locations and divisions of BNP Paribas as necessary.
It is important that the candidate should have robust products knowledge along with high analytical skills and attention to details.
Responsibilities
Direct Responsibilities
The Drafting team is responsible for ensuring that all BNP Paribas confirmations are Dispatched to clients i.e Interbank and Corporate Clients. The team covers a wide range of products traded by the Trading desks such as Vanilla products and the more complex Structured trades.
The Drafting team is also responsible to perform final verification of the trade economics before dispatching the final confirmations to counterparts.
The team works closely with other Trade Processing teams, legal teams and Front Office to ensure timely communication for any booking discrepancies, template issues and outstanding confirmations.
Also in the light of EMIR regulation and risk reduction, the target is to match all confirmations within one day and globally to reduce the outstanding confirmations d