Wealth Management Markets Operations Trainee

About The Job

• The trainee would share his/her time between one of the 3 teams: Markets Backoffice (MBO), Cash Transfers (CT) and Funds Execution (FE)

• The Markets Back Office's team is responsible for the booking, matching and settlement of Money Markets, Forex and OTC Derivatives operations

• Cash Transfers' team is responsible for the processing of cash transfers operations according to clients instructions
• Funds Execution's Team ensures the execution of all orders on investment funds, in the Wealth Management (WM) business line

Your Main Activities Are

• Assist MBO team on processing the booking of operations related to Forex and Money Market and managing the confirmations related to these products
• Execute for MBO team the necessary daily reconciliations
• Ensure for CT team the processing of client cash instructions (outgoing, manual instructions and incomings)
• Execute for CT team the treatment of standing orders, direct debits and prepaid cards
• Help FE team on the execution of investment fund orders with custodians/transfer agents, in compliance with cut-offs and also monitoring executed orders, pending's orders, contract notes and reminders to the counterparties
• Perform for FE team the controls and the enrichment of fund values in the referential database, as well as, processing and responding to internal customer requests
• Implement internal procedures and directives concerning the respective team's activity, particularly in terms of controls
• Ensure good quality of operations with respects of deadlines and garantee effective and clear communication with Front Office, Relationship Managers' and other teams that are part of the daily workflow

Profile And Skills To Success

• Bachelors' degree in Economics, Finance, Accounting or Business Management
• Up to 2 years of professional experience in Banking and Financial Operations
• Fluency in English
• Availability for 12-month internship
• Ability to collaborate/Teamwork
• Attention to detail/rigor
• Client focused
• Strong communication skills, both oral and written
• Analytical Ability
• Proactivity

Why joining BNP Paribas?

• Leading banking institution

Leading player in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe

• International reach

The Group holds key positions in several areas of banking and financial services that are structured around three operating divisions:

• Corporate & Institutional Banking (CIB) connects companies needing financing and institutional clients looking for investment opportunities division that offers tailored financial solutions for corporate and institutional clients.
• Commercial, Personal Banking & Services (CPBS) brings together all our commercial banks and several specialised businesses
• Investment & Protection Services (IPS) combines a unique continuum of products and services across protection, saving, investment and real estate including specialised businesses offering a wide range of savings, investment and protection services
• Our presence in Portugal

In Portugal since 1985, BNP Paribas today has more than 9.220 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 centres of expertise providing value-added services to various countries where the BNP Paribas Group also operates.

• Diversity and Inclusion commitment

BNP Paribas ´ambition Is To Cultivate An Open And Responsive Environment For All That Encourages Collaboration And Interaction. We Demonstrate Our Commitment By Actively Contributing To The Group's Diversity And Inclusion Strategy And Goals, In Line With The United Nations Sustainable Development Goals. As Part Of Our Local Corporate And Social Responsibility – Diversity & Inclusion Strategy, BNP Paribas Portugal Is Committed To

• Promote a fair and unbiased recruitment process and offer professional development opportunities to all employees
• Celebrate diversity and advocate for inclusion, both externally and internally, encouraging employee's participation, creating space for different voices to be heard.

To foster the effort of BNP Paribas Portugal, multiple initiatives and events take place throughout the year where our people can find out more on the importance of diversity inclusion at the workplace and in our society.

• 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 options adapted to our hybrid working environment. To ensure a comfortable and efficient working setup, eligible employees are provided with both office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional items at reduced prices.

• Commitment towards work/life balance

Supporting employees in a hybrid way of working while providing them with the means to maintain a work-life balance is an essential dimension of our Smart Working program. At BNP Paribas, we care about our employees' wellbeing and promote a culture of good integration between work and personal life.

To find out more on why you should join BNP Paribas please read our Employee Value Proposition and our Career path page.

• 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.