Fixed Income Trader

BNP Paribas Asset Management (‘BNPP AM) is the investment arm of BNP Paribas, a leading banking group in Europe with international reach. At BNPP AM, we aim to generate long-term sustainable investment returns for our clients, based on a unique sustainability-driven philosophy. This philosophy has shaped our firm and directs all we do: our strategy, our culture, our structure, our products and our processes; the way we engage with our clients and our role in influencing the companies and the markets we invest in.

We have an excellent career opportunity for a Fixed Income Trader in our New York office. Individual will be responsible for the day- to- day execution of Foreign Exchange and Fixed Income orders identified by Portfolio Management. The Global Trading Function is part of the Investments Division within BNP Paribas Asset Management devoted to Trading, Market Solutions and COO & Sell Side Relationship Management. The trading team covers the globe with desks located in Asia, Europe and the U.S. In the US, the Global Trading Function operates a Multi-Asset trading desk physically split between Boston and New York. Although traders are expected to trade Multi-Assets, we are looking to expand our Foreign Exchange and Fixed Income expertise to complement existing experience in Equities, Listed Derivatives and ETF’s.

Key Responsibilities:

• Strong trading expertise on Fixed Income products.
  • Foreign Exchange (Spot, Forward, Swaps and Options).
  • Fixed Income: Rates, Credit IG and HY, Emerging Markets, Money Markets.
  • OTC Derivatives: IRS, ILS, index and single name CDS, Swaptions, and TRS.
• Working knowledge across the following products a plus:
  • Equities, ETF’s.
  • Listed Derivatives.
• Build true partnerships with Investment teams.
  • Seek optimal client satisfaction through execution, communication, and true understanding of PM needs.
  • Play an integral part on a ‘valued added’ basis to investment process by leveraging market knowledge and counterparty contacts to improve performance and influence outcomes.
  • Share market intelligence with Portfolio Management teams.
• Manage relationships with brokers / counterparties.
  • Maintain and develop strong, transparent and constructive relationships with brokers to obtain the best service for the firm’s clients.

Role requirements: qualifications & experience:

• Minimum 5 years’ trading experience on Foreign Exchange, and/or Fixed Income cash and derivatives.
• Proficiency in trading platforms such as Bloomberg, BidFX, FXAll, Tradeweb, MarketAxess, and Portware.
• Good knowledge of connectivity and OMS systems (Aladdin experience would be ideal).
• Strong computer skills, with advanced skills in Excel and Bloomberg API.
• Knowledge of VBA, Python or Tableau Software.
• Formulate, analyze data and perform quantitative analysis from large data set.
• Strong culture of compliance and risk management.
• Bachelor’s degree in Business, Finance, Engineering, Math, Accounting or a related discipline coupled with excellent academic credentials.

Essential skills / competencies (Technical / Behavioral / Leadership):

• Digitalization / Automation: Appetite for improving trading workflow via digitalization and automation.
• Analytical skills: Identifies all aspects of a subject and examines them in a critical way to construct a broad point of view.
• Accuracy: Constantly attentive to the precision and thoroughness of the information sent and to the quality of the work.
• Risk Management: Detects, analyzes and measures risks relating to activities in the organization and marketplace.
• Communication skills: Expresses his / her messages, both orally and in writing, in an effective, organized way.
• Teamwork: Knows how to work in a team and/or across teams, acts bearing common interests and respect for fellow team members.
• Taking Initiative: Works proactively and independently, implementing work processes, ideas and solutions.
• Results-Driven: Seeks to achieve the objectives set within the defined timeframe, continuously seeks optimum performance.

What’s in it for you

Your engagement to unlock your potential and deliver high performance will be the driving force that will enable you to benefit from all that BNPP AM has to offer. Culturally, we are more human than corporate so whilst high performance and strong expertise is a given, we value trust, empathy and empowerment.

In return, we can offer you things that money cannot buy:

• Dynamic career opportunities across the globe
• Volunteering initiatives to support our local communities and connect with our colleagues
• The opportunity to contribute to our award-winning Sustainability efforts and join our community of Future Makers
• Access to a robust wellbeing program including mental health support and resources
• An award-winning online learning and development platform
• Hybrid working
• A diverse and inclusive working environment where you can be your authentic self

Physical presence in BNPP AM’s office(s) is an essential function of this position. This role has the flexibility of being hybrid, consisting of an in office and remote working component.

The expected starting salary range for this position in New York City is between $150,000 to $180,000 annually. 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.

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.

HR Contact: Jennifer McCaffrey: jennifer.mccaffrey@us.bnpparibas.com