BNP Paribas Hiring for Middle Office Loan Trade Closer at Montréal, QC Full Time

At BNP Paribas Canada, it is our employees which make the difference… Our 75 nationalities are part of our diversity!

Do you like challenges, a structured framework, the prospect of optimizing and innovating? You are known for your originality and want a certain freedom to think while sharing your knowledge and ideas?

… Come help us contribute to the growth of our Canadian platform!

You will benefit amongst other things from:
Access to social volunteer and recreational programs, via our many Employee Resource Groups (ERGs)

Opportunities for career development through active internal mobility and our innovative training program: Canada Academy

A brand new workspace, flexible, comfortable and easily adaptable to your needs: remote work opportunities, standing desks, innovation lab., open meeting rooms and spaces

MISSION AND OBJECTIVES

The Middle Office Loan Trading team supports the settlement process of secondary loan trades and loan TRS, including all funding and documentation matters and is responsible for providing daily operational support to the Sales and Loan Trading desk

MAIN RESPONSIBILITIES

• Work with the trading desk, clients, counsel and operations teams to settle primary and secondary loan trades
• Create trades and confirm the details of trades created in Clearpar match trader’s browser in Star
• Prepare and review the LMA standard documents including Trade Confirms, Assignment Agreements, Participation agreements and Multilateral Agreements
• Coordinate among counterparts and administrative agents, the review and execution of all trade documents necessary for closing
• Prepare and review pricing prior to settlement
• Prepare closing package for BPSS
• Monitor and manage high volumes of loan closings, update data in systems and perform reconciliations between Star and Sentry and Clearpar and Star
• Monitor and apply corporate events in Star for both unsettled and settled trades
• Investigate and resolve closing and transactional breaks/issues in a timely manner
• Monitor trader’s position between Star and Sentry
• Communicate and escalate any trade issues to management and the trading desk
• Read and interpret Credit Agreements and Amendments
• Maintain a high level of customer service with quick response times and accurate information (both internally and externally)
• Participate in weekly team meeting with manager and Distressed team in London
• Report status of unsettled trades and key risk indicators to management weekly
• Take part in different projects under the supervision of Manager in London
• Contribute directly to the Permanent Operational Control by identifying operational risks

TRAINING AND OCCUPATIONAL EXPERIENCE

Previous loans experience from a servicing background

Professional and proactive approach to work

Team player

Ability to work well under pressure and ability to multitask

PC skills

Bachelor’s degree

SKILLS AND BEHAVIOURS

Strong organizational skills, concern for quality & accuracy

Excellent interpersonal skills, customer service oriented

Communication skills (written and verbal)

About BNP Paribas

With more than 200,000 employees in 72 countries, the Group serves nearly 32 million individual customers and 850,000 professionals, entrepreneurs, SMEs and large companies. BNP Paribas is a leading bank in the euro zone and a leading international banking player.

Did you know? In 2019, BNP Paribas named World’s Best Bank for Corporate Responsibility 2019

About BNP Paribas in Canada

With more than 900 employees, BNP Paribas Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.

A recruitment policy that promotes equality and diversity:
BNP Paribas is an equal opportunity employer. BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, color, national origin, sex, disability, age, and other protected status (Employment Equity Act).

Part of BNP Paribas dedication to diversity, multiculturalism and inclusion is clearly reflected on how we believe and live diversity and inclusion all together. As such, one of BNP Paribas’ initiatives is hosting Employee Resource Groups (ERGs) which are focused on equality of gender, sexual orientation and learning from other cultures.

We can assist with access to job offers for people with disabilities who may be unable to use our career site – please contact us by email canada_recrutement@ca.bnpparibas.com or by phone on 514-285-6000

Want to know more about the BNP Paribas Group?

https://group.bnpparibas/en/group

** Only selected applications that meet the requirements of the role will be contacted **

Primary Location: CA-QC-Montréal

Job Type: Standard / Permanent

Job: OPERATIONAL EFFICIENCY TRANSFORMATION AND BUSINESS ANALYSIS

Education Level: Bachelor Degree or equivalent (>= 3 years)

Experience Level: Not Indicated

Schedule: Full-time