Associate Level-1/Senior Associate - Quantitative Analyst - Resources

About BNP Paribas Group:

BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks, and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centered on corporate and institutional clients. The Group helps all its clients (retail, associations, businesses, SMEs, large corporates and institutions) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions.

About Business line/Function:

Prime Services leverages the banks experienced global team with in-depth market knowledge to provide execution, clearing and financing solutions across asset classes to both Institutional and Hedge fund clients. 

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

Job Title:

Associate Level-1/Senior Associate

Date:

Department:

Global Markets Quantitative Research

Location:

Mumbai

Business Line / Function:

Transversal Resources Management

Reports to:

(Direct)

Grade: 

(if applicable)

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

Global Market Quantitative Research (GMQR) Team is responsible for most aspects of quantitative research within the Global Market universe, covering Interest Rates, FX, Credit, and Equity. There are teams in London, New York and Asia supporting trading activities of the flow and structured desks. They are responsible for the development of pricing, risk, margin, and profitability models and their implementation in the global analytics library.

GMQR Resources & Financing Optimization provides expert solutions to the financing activities for both client-facing activities and internal cost optimization. It covers the calculation of liquidity and balance sheet metrics, the optimization of funding costs and the automation of the inventory management platform. The team develops sophisticated models and put in place the infrastructure and the technology to develop, support and optimize the activity.

Responsibilities

Within GMQR Resources & Financing Optimization, the role focuses specifically on Liquidity and Balance Sheet metrics. This is a front office Associate quantitative research role.

• Participate to the development of the framework in C# used to calculate liquidity and balance sheet metrics of Global market activities. The scope covers all business lines, products and asset class of Global Markets.
• Develop the tooling that gives Trading operators the ability to understand all aspects of the calculation and allow them to steer the metrics efficiently daily
• Provide expertise and support to the users of the application 
• Take an active part in all front office activities by collaborating with other functions (Trading, Sales, IT and Market Risk) and Research globally and develop relations with various stakeholders.

Technical & Behavioral Competencies

1. Graduate degree in mathematics or computer engineering with strong analytical skills. Knowledge of finance is a bonus.
2. Strong analytical skills and technical background in mathematics, computer science or finance.
3. Prior programming experience in C# or other object-oriented programming languages. 
4. Reliable and Detailed-oriented
5. Knowledge of statistics as well as optimization algorithms.
6. Effective communication skills, ability and willingness to engage the business
7. Delivery focused and willingness to collaborate with other teams.
8. Familiarity with Liquidity and Balance Sheet topics Resources is a plus

Skills Referential

Behavioural Skills:

Attention to detail / rigor

Critical thinking

Communication skills - oral & written

Ability to collaborate / Teamwork

Transversal Skills:

Analytical Ability

Education Level: 

 Bachelor Degree or equivalent

Experience Level

At least 2 years