Associate - Corporate Macro FX Sales

BNP Paribas New York , NY 10007

Posted 4 days ago

Business Overview:

The Corporate Macro FX Sales team works with North American corporations and multinationals to advise on and deliver FX derivative & execution strategies. We execute spot FX, FX forwards & Swaps, vanilla option, and structured option FX solutions to help clients manage balance sheet exposures, cash flows and earnings-at-risk. The candidate should have proficiency across a variety of FX hedge products, understand broader global macro market developments and support an idea-driven approach to the origination and execution of hedge transactions. Working closely in a team environment for collective objectives is essential.

Candidate Success Factors:

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

  • Results and Impact

  • Able to influence peers and team.

  • Demonstrates good judgement when making decisions of high complexity and impact.

  • Exercise appropriate autonomy in the execution and delivery of work.

  • Responsible for driving outcomes, which have meaningful effect on team or department.

  • Leadership and Collaboration:

  • Creates trust with colleagues.

  • Acts in leadership capacity for projects, processes, or programs.

  • Client, Customer and Stakeholder Focus:

  • Able to build relationships with a mix of colleagues and clients.

  • Interacts regularly with management and department leaders.

  • Demonstrates the ability to influence stakeholders at the team level.

  • Compliance Culture and Conduct:

  • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.

  • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities:

Responsibilities:

The Corporate Macro FX Sales team covers corporations to originate and deliver FX solutions. Key responsibilities include:

  • Assisting in covering and growing BNPP's corporate franchise, particularly with key clients in the Diversified Industrials portfolio

  • Working with partners on Corporate Solutions team, Corporate & Investment Banking Coverage, Debt Capital Markets (DCM), Leveraged Finance, Sales & Trading, XVA, and Legal/Risk/KYC in delivering risk management solutions to clients

  • Supporting senior salespeople and providing secondary coverage on all accounts

  • Preparation of client marketing content including presentations, analyses, pricing, and other thought pieces

  • Monitoring market news and events and formulating ideas and opportunities for clients

  • Pricing and execution of hedging transactions and deal-related risks (VaR, XVA, etc.)

  • Client onboarding and ongoing administration: Working with KYC, Regs, Legal, Credit, Risk, and related teams to on-board and service clients through entire client life cycle

  • Working with BNPP middle-/back-office to support applicable client requests and operational needs

  • Role requires familiarity with accounting, regulatory, capital treatment of products as well as liquidity, trade life cycle and downstream systems

  • Maintaining open communication with team and direct line management to resolve risk and P&L discrepancies

  • Attending relevant regulatory and product/skill training and keep up-to-date with market issues.

  • Understanding and valuing all business and transaction related risks, including market, credit, operational, compliance, legal, regulatory and reputation risks

Minimum Required Qualifications:

  • Strong quantitative skills: Mathematical proficiency is key

  • Communication skills: Oral and written communication skills are highly valued

  • Ability to prioritize: Essential in a fast-paced work environment with evolving priorities

  • Attention to detail: Accuracy of work is of utmost importance

  • Technical skills: Excel and PowerPoint proficiency is critical

  • Self-motivation: Ability to work well under high level of autonomy, and being able to get up to speed quickly on new concepts, procedures, and products

  • Work collaboratively with Trading, Sales and Structuring teams

  • Comfortable working full days in high energy, dynamic, and demanding environment

  • Applicants should be degree educated and highly numerate

  • Prior experience servicing corporations preferred

  • Excel + Bloomberg proficiency would be beneficial

Preferred Qualifications:

  • Masters or advanced degree preferred

FINRA Registrations Required:

  • Series 7, 63 Required

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required): Yes

SEC Security-Based Swap Dealer Associated Person:

Yes

The expected starting salary range for this position in New York is between $150,000 and $200,000 annually. The 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.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. In the United States, BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international


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Associate - Corporate Macro FX Sales

BNP Paribas