Associate - Global Markets - Business Manager - Budget And Projects (Id: Coo000442)

Business Overview:

BNP Paribas’ Global Markets (GM) business offers a broad range of products and services in the global interest rate, credit, currency, Macro & commodity markets. Global Markets help their franchise of clients find effective ways to raise and invest capital as well as manage their exposure to risk. Their client base comprises of hundreds of corporations, institutional investors, banks, governments and supranational organizations.

Global Markets has the scale and reach to conduct business anywhere in the world and deliver products denominated in almost all of the world’s currencies. Their global network comprises more than 3,000 professionals working on our six main trading floors in London, Hong Kong, New York, Paris, Singapore and Tokyo. They are supported by regional offices throughout Europe, the Americas, Middle East and Asia-Pacific.

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:

• Able to build relationships with a mix of intermediate and senior colleagues or clients
• Perceived as a person of high moral character; upholds corporate values and displays high ethical standards
• Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts
• Relies on limited guidance for most complex decision making
• Client, Customer and Stakeholder Focus
• Compliance Culture and Conduct
• Is responsible for driving outcomes which have meaningful effect on team or department
• Demonstrates good judgement when making decisions of high complexity and impact
• Acts in leadership capacity for large projects, processes, or programs for a team
• Impacts division and influences peers and team
• Results and Impact
• Interacts regularly with management and department leaders
• Demonstrates the ability to persuade and influence stakeholders at the team level
• Leadership and Collaboration
• Creates trust with department leaders

Responsibilities:

The COO Organization/Business Management team contributes directly to the business development and its sound operation. They also facilitate and optimize the interaction between the Front Office and its Business Partners.

The Transversal Business Manager/COO will be part of this COO Organization. He/she will report directly to the Head of Transversal Business Management in Americas, and be part of the Global Markets Business Management team.

The role is to cover all COO-related aspects required to support the Global Markets Platform transversally.

Responsibilities include:

Identify, lead and/or contribute to transversal business projects for GM Americas:

• Sample of projects: drive improvements to HC forecasting tool (HEAT), contributor to IT Infrastructure projects (O365 deployment, IT Obsolescence, LATAM infrastructure…), GM Americas Operation Level Up (Operational Excellence stream)…
• Promote when relevant the standardization of practices across and play an active role in sharing Best Practices within Global Markets.
• In coordination with other teams, identify improvement areas within the organization/setup, define and implement solutions to streamline the relevant processes.
• Follow up and coordinate the portfolio of transversal business initiatives.
• Assist management and project sponsors, help them to drive business projects and ensure that all the necessary actors are involved when required.

Contribute to GM Americas Management performance and management indicators:

• Coordinate and contribute to the reporting required by the regional or global Management (Territory ExCo, Global GM ExCo, business deep-dives…).
• Build and/or coordinate the development of these MIS / KPI, in liaison with the relevant departments, and ensure that these are produced systematically, accurately and regularly.
• Produce ad-hoc analysis of the activity according to management requirements.
• Work closely with MO P&L and Finance teams to ensure quality of GMA P&L Report (Official and Predict).
• Jointly with the Management, define the MIS / KPI required to monitor the business activities and drive the strategy/vision.

Coordinate the GM Americas budget process (headcount, revenue, cost…).

• Perform ad-hoc analysis required by the Trading ExCo pertaining to the Trading COO’s mandate.
• Coordinate the regular Trader Reviews, incl. production of traders’ KPIs.
• Produce the supporting material required for the regional Trading ExCo.

Act as Business Manager for the GM Transversal departments (Quantitative Research & Lab, eC&D, TR2S, GMA Management)

• Maintain the accurate HC trajectory for these departments, as well as overall AATP program (incl. interns) across GM.
• Support Transversal Managers on business topics/issues including operations, IT, Finance, Tax, Regulatory framework, Legal or compliance, etc.
• Lead and coordinate the budget and forecasting process for these departments.
• Handle the seating arrangements/needs for these transversal teams.
• In partnership with the Transversal Managers, analyze, control and optimize the cost in these departments to remain within budget.
• Assist in troubleshooting major/crisis situations and leverage on the organization to solve issues.

Contribute to a robust GM Americas Control framework

• Active contribution to the Trading Portfolio and Trading Mandates local and global governance, incl. periodic reviews of Information Barriers.
• Contribution to Internal and/or External Audits where applicable.
• Active contribution to remediation tasks where applicable.
• Work with CCCO and Risk ORC teams to improve operational resiliency of GM Platform.
• Operational Resilience
• Improve the Trading KYC and sanctions pre-execution control framework
• Improve the Broker KYC re-certification process in partnership with CIB Procurement

Contribute to GM Americas e-Trading and market integrity BAU Governance

• Work in close partnership with CCCO and Compliance to ensure proper governance and adherence to local rules related to electronic trading and electronic venues.
• Sample of initiatives/rules: e-Venues governance, e-Venues recordkeeping, bot/algo approval governance, adherence to 15c3-5 rule, Market Limits Utilizations, Best Ex Governance, ATS Governance…

Minimum Required Qualifications:

• Demonstrated experience in contributing and coordinating financial budgets.
• Solid experience in data visualization and building complex dashboards.
• Project management and business analysis skills with an outstanding record of accomplishment.
• Minimum 4-5 years of experience in a large bank or similar organization in a COO/Business Management capacity and/or IT Project Management/Business Analysis environment.
• Demonstrated experience in handling and analyzing complex set of data.
• Good knowledge of GM products and market structures.
• Experience in improving operational resiliency and front-office control frameworks.

Essential Skills/Competencies

• Strong judgment, problem-solving and analytical skills.
• Strong sense of personal accountability, drive for results and delivers high-quality work.
• Ability to find creative solutions.
• Strong knowledge of Microsoft Office applications (Excel, Powerpoint, Word).
• Motivated and demonstrating a self-starting/entrepreneurial mindset.
• Ability to lead and work effectively in cross-functional teams.
• Displays strong self-organization and multi-tasking capacity.
• Team player & cross-cultural awareness: work effectively in a team, collaborate and share information and solutions with colleagues, with other teams and stakeholders.

Preferred Qualifications:

• Experience in electronic trading and regulation.
• Experience in trading-related projects (risk management, P&L).
• Experience in Tableau/PowerBI would be an advantage.
• Experience with electronic trading venues (onboarding, trading protocols…).

FINRA Registrations Required:

• Not Applicable

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

• Not Applicable

SEC Security-Based Swap Dealer Associated Person:

• Not Applicable

The expected starting salary range for this position in the Philadelphia region is between $85,000 to $105,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

About BNP Paribas:

In the United States, BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business.

BNP Paribas’ Corporate & Institutional Banking services corporate clients and institutional investors offering tailored solutions in financing, cash management, and advisory services to companies via Corporate Banking, in capital markets via Global Markets, and in securities custody and administration via Securities Services. As the asset management arm of BNP Paribas, BNP Paribas Asset Management offers high value-added solutions to individual savers, companies, and institutional investors.

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.