Settlement Officer for OTCd Settlement Interbank

**About the job**
- The IRD Settlement team is part of the Settlement Department of Global Markets Operations. This team is in charge of the settlement of all Interest Rates Swaps, Cross Currency Swaps, Cap, Floor, Collar, Straddle, Mark to Market, Fees, Premiums, Swaptions, Non Deliverable Swaps (NDS), Credit Default Swaps done under BNPP Paris and BNPP London entities by Global Markets

**Your Main Activities Are**
- Make sure non Straight Through Processing (STP) events are properly managed within the Operations system and ensure deals are flowing within Operations system with no delay
- Make sure payments are done before cut-off taking into account each currency specificity, and ensure no payment incident occurs
- Manage specific processes regarding settlement Instructions when required (on non STP, urgent payment, coordination with referential teams for Standard Settlement Instructions )
- Responsible for the full payment netting process including set up (agreeing netting conditions with counterparts, and day to day validation process
- Make sure settlements are done according to Risk and Compliance Group guidelines/requirements including embargoes/sanctions alert management, specific Risk procedures to reduce settlement risk
- Make sure treasury announcements are sent to Treasury Forecasting team allowing BNPP Treasury to manage Nostro accounts liquidity
- Resolving queries and exceptions in relation with relevant departments, understanding the importance of effective escalation
- Responsible on a daily for reporting the status of controls and remaining operational risk on the scope of responsibility
- Daily liaison with counterparts on discrepancies and assisting them to meet their needs regarding payments
- Analyse & Manage payments incidents in coordination with payment investigation teams

**Profile and Skills to Success**
- Degree in Finance or similar
- Fluent in English, both oral and written communication
- Banking experience with an emphasis in Payments and Operations management
- Knowledge of Banking Payment Environment (Correspondent banking, Swift payment network )
- Good Excel Skills
- Controls oriented profile, ability to manage operational risks
- Ability to learn quickly and adaptability in a fast-paced work environment
- Analytical skills, effective problem solver and consensus builder
- Ability to prioritize workloads and use a proactive approach to meet deadlines
- Excellent communication and interpersonal skills, team spirit and client focus

**About the Team**
- This settlement team leveraging on its center of expertise is also servicing other BNPP Group entities such as BNP Paribas Securities Services, FINAMS, Personal Finance, Opera, Sec Corpfor the settlement of their Rates and Credit Default Swaps trades
- The Settlement team’s primary function is to ensure that settlements of all transactions booked by Trading and Sales desks through the Front Office systems are paid in accordance with BNPP Procedures and in due time

LI-Hybrid

**Why joining BNP Paribas?**
- ** Leading banking institution**

BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.
- ** Our presence in Portugal**

In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Group’s 10 business entities established in the country. Its presence also extends to 11 excellence centres providing value-added services to various countries where the BNP Paribas Group also operates.
- ** International reach**

Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions:

- **Retail Banking**, a division that brings together all of the Group’s retail activities and specialised business lines;
- **Investment & Protection Services**that include specialised businesses offering a wide range of savings, investment and protection services;
- **Corporate & Institutional Banking**division that offers tailored financial solutions for corporate and institutional clients.
- ** Diversity and Inclusion commitment**
- ** Commitment towards work/life balance**

At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.
- ** Remote Working Conditions**

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working