Matching Officer

Matching Officer
Empresa:

Bnp Paribas 2


Lugar:

Lisboa


Matching Officer

Detalhes da Vaga

BNP Paribas is a leading European bank with an international reach. It has a presence in 72 countries, with more than 192,000 employees - including more than 146,000 in Europe and over 4,000 in Portugal alone

BNP Paribas is present in Portugal since 1985, having been one of the first foreign banks to operate in the country. Today, BNP Paribas has several entities operating directly in this territory, offering a wide range of integrated financial solutions to support its clients and their businesses

Worldwide, the Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance

We cover multiple asset classes that are: Foreign Exchange, Money Market, Equity Derivatives, Credit and Interest Rate Derivatives and Commodity trading (power, gas, oil, precious metals etc)

The Documentation Department is set to develop in the coming period of time by reaching the size of 9 teams with a total of approximately 80 team members

The Matching teams are responsible for checking the integrity and accuracy of the booking and help managing the subsequent risks undertaken by the business lines

The Matching teams' primary function is to support the Trading and Sales desks through the matching of electronic and paper confirmations on a variety of products (vanilla, exotics, complex structures) and asset classes (Foreign Exchange, Money Market, Credit and Interest Rates Derivatives, Equity Derivatives, precious metals and other commodities)

The Matching teams perform a critical control role in the timely reconciliation of bookings with clients' confirmations. The teams are also responsible for verbal and /or written affirmation of trade details with clients before the value date or the maturity of the concerned transactions. The teams ensure that all incoming confirmations are controlled, issues identified, reported and fixed by working closely with traders, sales people, legal and other relevant departments in the bank

They are also involved in process improvements with a special focus on straight through processing (STP) and management of risk and controls, new product initiatives, development of new business in different regions of the world

ROLE AND RESPONSIBILITIES

Checking of FO booking to ensure all trades are captured in the systems and that the details are in line with documentations received from clients
Verify and match legal confirmations (electronic and/or physical) according to the ISDA definitions, approved confirmation templates and other relevant industry recommendations and best practices
Monitor workflows to ensure incoming confirmations are prioritised accordingly and ensure timely matching of confirmations
Identifying and solving financial and/or legal discrepancies on incoming confirmations
Timely resolve mark-ups on outstanding trade confirmations
Daily liaison with Customers on discrepancies and assisting in confirmations to meet their needs
Liaise with drafting teams, Legal, Trading and Sales to agree documentation with Counterparties
Ensure Static Data setup linked to confirmations for new / existing clients
Continuous review of processes and controls ensuring high level of risk management
Daily report through ORUS of the identified risk areas
Meet clients' expectations in the strict respect of internal group policies and procedures in place

PROFILE
Degree in Economics, Management or Finance
Excellent understanding of OTC derivatives including trade life cycle is a plus
Experience of ISDA definitions and Master Agreements, EFETnet, EEX , Powernext, ICE e-confirm
Excel Skills (intermediate); strong numerical and analytical skills
Ability to prioritize workloads and use a proactive approach to meet deadlines
Excellent communication and interpersonal skills
Be driven, enthusiastic and dynamic in search of improving processes, controls & procedures
Fluent in English; Knowledge of French is a strong advantage

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

BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.


Fonte: Neuvoo3_Ppc


Área:

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