Student Placement Opportunities Summer 2023 – Middle Office
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.
BNP Paribas Corporate and Institutional Banking is a globally recognised leader offering capital markets, securities services, financing, treasury and advisory solutions.
BNP Paribas Securities Services is pleased to offer a number of Middle Office placements in Summer 2022, working in the Glasgow offices. These placements will be for a period of up to 12 weeks from Monday 5th June until Friday 25th August. The paid placements will provide the opportunity to experience the work environment of a leading financial services organisation.
There are placements available in the following departments:
Trade Management & Treasury: This department provides our clients with middle office trade management services to capture, match, settle and report all trading activity across a number of securities and cash products, on their behalf. The key responsibilities of this role include ensuring that all trades are captured correctly for accounting and client reporting purposes whilst also ensuring timely settlement in the market. Regular email and telephone communication is required not only with internal departments but also with external third parties, actively working with brokers and custodians to ensure settlement.
Corporate Actions: This department is responsible for the full life cycle of all UK and Overseas mandatory and voluntary Corporate Actions. The teams capture, scrub and validate custodian notifications, track client decisions, process client instructions, update the Entitlement into the Accounting system and reconcile the events. The teams are also responsible for processing class actions and proxy voting.
Derivatives: This department is responsible for the trade capture, matching, settlement and reporting of all trading activity across a number of Derivative products (ETD/CFD/OTC). The key responsibilities of this role include ensuring that all trades are captured correctly for accounting and client reporting purposes whilst also ensuring timely settlement in the market. Regular email and telephone communication is required not only with internal departments but also with external third parties, actively working with brokers and custodians to ensure settlement.
It is preferred that applicants are undergraduates in their 3rd or 4th year of an Accounting or Finance and other numerate disciplines.
Person Specification:
We are looking for candidates who can demonstrate the following skills/qualities:
Computer literacy
High level of numeracy
Customer focus
Team working skills
Excellent communication skills
Ability to work to deadlines
Flexibility/adaptability
Accuracy
Basic understanding of accountancy and investment operations (preferred but not essential)
The closing date for applications is close of business on Friday 17th March 2023.