Company purpose:

Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.

Our employer promise is built around three pillars:

• Being a great place to work

• Committed to sustainability and having a positive impact

• Being dedicated to the development of our people

Business area

Product Control overview:

Fully integrated in the IT and Operations ("ITO) department, Product Control covers a large panel of operational activities aiming to monitor the life cycles of the trades. It starts from the portfolio creation for trade booking, the trade booking itself, the monitoring of the events associated to the trades, the P&L calculation, explanation and validation on a day-to-day basis and also the monitoring of the trading activity, ensuring that the traders mark their books to fair value prices. It also encompasses the confirmation of trades with counterparties.

P&L CONTROLS team overview:

The P&L CONTROLS team operates out of several locations (e.g. London, Paris, Lisbon, Singapore, Hong Kong, Mumbai, Bangalore, New York and Sao Paulo). The team aims to validate on a daily basis the P&L figures and to explain them with market moves, related risks as well as the impacts of the new trades booked and the events impacting these trades

Job purpose

Purpose:

• Coordination of projects impacting Global Macro and Credit PNL teams

• Acting as PNL SPOC for interlocutors from other departments such as Finance, Risk, IT, Front Office and Research

• Propose new or reinforce existing guidelines and best practices

Scope: Global across Global Macro and Credit products and architecture

Key responsibilities

• Managing between MO, Research, IT and FO the completion of the P&L Explain programme for Global Macro (excluding Commodities) and Credit, including stability and reliability of the feeds, resolution of issues for scope not yet covered, thus enabling to provide daily reliable Step Revaluation Explain and Risk Based Explain for the entirety of its scope

• Managing the implementation of the Target Operating Model for the PNL Explain programme of Global Macro and Credit scopes, across locations

• Representative of the PNL teams during meetings and discussions pertaining to various Transformation programmes and/or projects

• Preparing and delivering trainings in relation to the new PNL and PNL Explain infrastructure, for teams in various locations

• Representative of the PNL teams during meetings and discussions pertaining to the evolution of the PNL Explain tools and the (re-)definition of PNL effects

• Propose, review and validate any changes impacting PNL platforms

• Representative of the PNL teams for FBL, Volcker and FRTB

• To manage or coordinate projects across departments and teams

Requirements

• Professional qualification (in Finance, Business, Economics or hard science) with expert technical knowledge and experience in derivative pricing, PNL explains and understanding of risk factors, typically gained at BNP Paribas or within another top tier investment bank.

• In-depth knowledge of instruments traded in Fixed Income as well as exposure to other asset classes

• Broad experience working in control functions within an investment bank

• Significant Experience in project management

• Excellent analytical skills with the ability to translate technical concepts and provide specialist guidance and advice to others and have the ability and willingness to get into the detail to find solutions.

• Effective time management and ability to prioritise workload and escalate issues to management

• Strong focus on accuracy and attention to detail

• Excellent analytical skills with the ability to translate technical concepts and provide specialist guidance and advice to others

• Experienced at managing internal and external relationships at all levels (including senior), and capable at working with them to understand requirements and define appropriate solutions.

• Good working knowledge of a wide range of BNP Operations policies, procedures, regulations and legislation.

• Excellent written and oral skills in order to articulate technical issues and to be able to take the complex and make simple to enable effective communication with individuals across the business.

• Computer literacy and a good understanding of relevant software including Word, Excel and PowerPoint

And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).

A bit more about why you should join us

1. We’re a great place to work

We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)

We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:

• Generous holiday allowance of at least 26 days (plus bank holidays) - with option to buy and sell holidays.

• Valuable financial plans - a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.

• Extensive wellbeing and mental health offering - one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.

• Key onsite services and facilities in London - include physiotherapy, nutrition, massage therapy, physiology, mental health first aiders, seasonal flu vaccinations and free onsite fitness centre.

• Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.

* Subject to relevant caps

2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.

For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production fin