Candidate Success Factors:
Candidates to be measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:
- Results and Impact
- Impacts division and influences peers and team
- Demonstrates good judgement when making decisions of high complexity and impact
- Relies on limited guidance for most complex decision making
- Is responsible for driving outcomes which have meaningful effect on team or department
- Leadership and Collaboration
- Creates trust with department leaders
- Acts in leadership capacity for large projects, processes, or programs for a team
- Client, Customer and Stakeholder Focus
- Able to build relationships with a mix of intermediate and senior colleagues or clients
- Interacts regularly with management and department leaders
- Demonstrates the ability to persuade and 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:
You will join the ETF desk within Equity Financing. ETF activity is managing over 20b$ of inventory and is one of the most profitable desk of our Prime Services franchise. The team is currently comprised of 2 traders and is in need of a motivated individual to help maintain and expand the franchise. Within the ETF desk, you will
- Manage the daily ETFs borrowing (locates, rate management, short coverage)
- Manage daily ETFs push in stock loan
- Provide trading color and identify trading opportunities. Actively communicate with the Sales side (D1 sales and Demand team) on axes and market activity
- Foster strong and deep relationships by interacting with other market participants (clients / lenders) to expand BNP franchise
- Work closely with Operations, Tax/Legal and Technology to ensure positions are appropriately reconciled and serviced
- Work in close collaboration with the rest of the team to deal with Creation / Redemption process, Corporate actions management and index rebalancing
- Work in close collaboration with the FRM division to manage and respect Regulatory framework
- Potentially assist in the daily management of the derivatives book : risk management, quote, hedging and trading on Equity Swaps, Synthetic forward and other derivatives
Minimum Required Qualifications
- Strong knowledge of Prime Brokerage framework, Stock Loan transaction or Delta One universe
- Strong attention to details
- Ability to work under pressure in a fast paced environment
- XL proficiency
Preferred Qualifications;
- Python knowledge
- Experience in flow trading
Source: for more information click here.