Associate - EQD Sales Assistant

BNP Paribas • Chesterbrook, PA

163d • $85,000 - $100,000

About The Position

The Analyst EQD Sales Assistant's main role & responsibilities fall into three main categories: Risk/Position Monitoring and Trade Execution, Analytical and Operational Support to EQD Sales Desks, and Process & Client Services Improvements. The position involves monitoring trading positions and risks, coordinating novations, sending pricing to clients, processing trades, ensuring compliance with regulations, and improving operational processes. The role requires strong analytical skills, attention to detail, and the ability to work under pressure.

Requirements

• Bachelor's degree or foreign education equivalent in Finance, Economics, or Mathematics.
• Minimum of two years of experience in a Front or Middle Office Sales Support role within Global Markets supporting EQD Transactions.

Nice To Haves

• Demonstrated knowledge in EQD Structured/Secondary Markets and its industry infrastructure.
• Working knowledge of trade booking, validation, market lifecycle events, settlement and confirmation process for EQD Structured products.
• Working understanding of the applicable regulations (EMIR, Dodd Frank, FINRA, FATCA).
• Demonstrated expertise using Excel and VBA to simplify and automate manual Front Office processes.
• Good knowledge of system architecture for EQD products.
• Demonstrated commercial and collaborative attitude.
• Excellent communication skills (both written and verbal), including in client communication.
• Analytical mindset and problem solving.
• Very strong multi-tasking capability.
• Attention to detail.
• Ability to work well under pressure.

Responsibilities

• Develop and understand how to monitor trading positions and risks for accuracy throughout the day.
• Coordinate Novations with EQD Sales Desks to ensure deals are properly reflected in Risk.
• Send pricing and Indications to specified clients.
• Book, process and validate trades in Front Office booking systems as soon as deals are executed.
• Ensure term sheets are properly drafted and trade recaps sent to clients for deals.
• Follow-up with relevant departments to ensure all aspects related to post-trade processing are successfully handled.
• Resolve all internal queries from the Trading/Sales desk or various Partner Functions on client transactions executed by Desk.
• Develop understanding of Post Trade Processes to fully support each request.
• Improve EQD framework: report issues/bugs and propose IT enhancements.
• Maintain proper documentation of the EQD Front Office operational processes.
• Make recommendations for improvement of current processes.
• Develop solutions to resolve recurring issues and improve customer service.

Benefits

• Medical, dental and vision coverage.
• 401(k) Savings Plan.
• Backup childcare.
• Life, accident and disability insurance.
• Mental health support.
• Paid time off.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree