About the job
PCO (Passive Currency Overlay) Front Office team is offering Currency hedging services to its clients, to enable investors to invest in a non-base currency and track the pure performance of their underlying asset without getting impacted by currency variations.
This service is operated jointly from Luxembourg (hub for Europe) and Lisbon dual offices.
Following the business characteristic and client hedging guidelines, the Passive Currency Overlay Officer is in charge to put in place and manage an adequate level of hedging coverage by creating and maintaining forward positions.
To do so, officer actions and monitors the PCO processes following standardized calculation within the in-house developed platform.
Your Main Activities Are
Profile and Skills to Success
About the Team
MFS Passive Overlay is a business line of BNP Paribas Security Services (BP2S) Market Financing Services. It offers hedging FX executions services out of the automated hedging calculation. Automation is ensured by the in house PCO IT platforms that incorporate client-hedging guidelines.
The activity is operated from Luxembourg that acts as a hub for Luxembourg, UK, France and Dublin clients.
A Dual Office with resources based in Lisbon support the Luxembourg operational processes and ensure an efficient Business continuity plan
This activity started at BP2S in 2012 and had a very significant growth since inception:
Why joining BNP Paribas?
BNP Paribas is a leader in the Eurozone, and a prominent international banking institution with strong roots in Europe's banking history. It has a presence in 72 countries, with around 200 000 Employees ? including more than 150 000 in Europe.
Since 1985, BNP Paribas was one of the first foreign banks to operate in the country. Today, the Group has around 6.500 employees across several entities operating directly in the territory, offering a wide range of integrated financial solutions to support its clients and their businesses.
Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions: Domestic Markets and International Financial Services for retail banking and specialised financial services, and Corporate & Institutional Banking for corporate and institutional clients.
In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal