JerseyCityRecruiter Since 2001
the smart solution for Jersey City jobs

Assistant Vice President - Margins and Collateral Management

Company: BNP Paribas
Location: Jersey City
Posted on: February 21, 2021

Job Description:

Assistant Vice President - Margins and Collateral Management BNP--Paribas is a leading bank in Europewith an international reach. It has a presence in 72 countries, with more than202,600 employees, of which almost 155,000 in Europe. The Group has keypositions in its three main activities: Domestic Markets and InternationalFinancial Services (whose retail-banking networks and financial services arecovered by Retail Banking & Services) and Corporate & InstitutionalBanking, which serves two client franchises: corporate clients andinstitutional investors. The Group helps all its clients (individuals,community associations, entrepreneurs, SMEs, corporates and institutionalclients) to realize their projects through solutions spanning financing,investment, savings and protection insurance.-- In Europe, the Group has four domesticmarkets (Belgium, France, Italy and Luxembourg) and BNP--Paribas PersonalFinance is the--European--leader in consumerlending. BNP--Paribas is rolling out its integratedretail-banking model in Mediterranean countries, in Turkey, in Eastern Europeand a large network in the western part of the United States. In its Corporate& Institutional Banking and International Financial Services activities,BNP--Paribas also enjoys top positions in Europe, a strong presence in theAmericas as well as a solid and fast-growing business in Asia-Pacific. Within ClientManagement, the Due Diligence Monitoring and Controls team's objective is tomonitor, control, and manage Due Diligence's key operational processes toensure proper functioning of the team and visibility for senior management. Thisincludes Quality Control checks, controls, and reporting on New Clients,Recertification, and Non-legal Entities across CIB Business Lines. The Due Diligence andControls team is based in New York and Jersey City and reports to the Head ofDue Diligence Monitoring and Controls. Candidate SuccessFactors: Candidates will be measured on the following four performance driverswhich will dictate how individual impact is considered on the Americasplatform:

  • Results and Impact
  • Leadership and Collaboration
  • Client, Customer and Stakeholder Focus
  • Compliance Culture and Conduct Business Overview: The Margins and Collateral Management team is part of the US DerivativesExecution and Clearing Operations department who collectively provides customerservice, risk and funds management, trade processing and reconciliation, clienton-boarding, accounting, post trade execution investigation, performancemargining, exchange balancing, contract expiration processing includingphysical delivery, fee maintenance, and regulatory review and ruleimplementation. These clearing and operationalfunctions require the team to manage communication across clients and multiplelines of business accessing several exchange applications, banking tools, andinternal operating systems to support the flow and record of commodity futures,options, and OTC trade execution on a daily basis. Our primary focus is toperform our responsibilities under a controlled environment that is compliantwith strict regulatory rules and guidelines while providing superior clientservices and solutions. Margins and Collateral Management is mainly responsiblefor calculation of various central counter party and client daily marginrequirements. In addition this team manages all cash and collateral settlementsoperating on strict regulations that are monitored for regularly to ensurecompliance. The team has direct contactwith the global client base and all supporting entities that take part insupporting the daily production demand and opportunities to enhance the clientexperience. Responsibilities:
    • Direct client communication and interaction
    • Cash wire initiation and settlement
    • Securities movements
    • Interest calculations and booking
    • Cash and collateral reconciliations
    • Break investigations
    • Regulatory financial reporting
    • Client and business inquiry research, investigation, and issue resolution
    • Account setup review and implementation utilizing various operational systems
    • Informational and instructional presentations Minimum Required Qualifications:
      • 5 years of experience with exchange listed products, derivatives, capital markets trading, clearing operations, accounting, finance, or securities settlement processing
      • 3 years of experience managing client accounts, funds, and or collateral movements
      • 3 years of experience in client services, solutions, or relationship building
      • Experience interacting directly with clients and various lines of business regularly
      • Microsoft Product Suite Preferred Qualifications: Experience in Futures Commission Merchant clearing and operations CFTC regulations knowledge Knowledge of SWIFT and industry wire transfer systems Experience managing custody account settlements Understands trade lifecycle of listed products FINRA Registrations Required:--
        • Not Applicable-- BNP--Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status. Primary Location: US-NJ-Jersey City Job Type: Standard / Permanent Job: MISCELLANEOUS Education Level: Bachelor Degree or equivalent (> = 3 years) Experience Level: At least 5 years Schedule: Full-time Reference: FIN002008

Keywords: BNP Paribas, Jersey City , Assistant Vice President - Margins and Collateral Management, Executive , Jersey City, New Jersey

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Other Executive Jobs

Director, Shared Service Infrastructure
Description: Director, Shared Service Infrastructure in Milford, Massachusetts - Careers at MA - Milford Skip Branding Director, Shared Service Infrastructure in Milford, Massachusetts - Careers at MA - Milford Skip (more...)
Company: Regional Recreation Corporation of Wood Buffalo
Location: Milford
Posted on: 03/2/2021

Practice Manager - Neurosurgery
Description: Description Job Schedule: Full TimeStandard Hours: 40Job Shift: Shift 1Shift Details: Monday - Friday 8:30am - 5:00pm Work where every moment matters.Every day, over 30,000 Hartford HealthCare employees (more...)
Company: Hartford HealthCare
Location: Westport
Posted on: 03/2/2021

Senior Manager, Global Calibration and Reliability Excellenc
Description: Global Calibration and Reliability Excellence Engineer ul li R1534730 li Full Time li 2021-02-25T00:00:00 0000 mail outlineGet future jobs matching this search or Job Description At Bristol Myers (more...)
Company: Adecco Group
Location: New Brunswick
Posted on: 03/2/2021

Tax Senior Services Manager - Financial Services - EY EDGE
Description: EY is the only professional services firm with a separate business unit FSO that is dedicated to the financial services marketplace. Our FSO teams have-- been at the forefront of every event that (more...)
Company: Ernst & Young
Location: Hoboken
Posted on: 03/2/2021

General Manager
Description: OverviewAuto Plus is a leading automotive aftermarket parts distributor in the U.S. We bring together unmatched expertise with best-in-class parts and customer service for the most reliable automotive (more...)
Company: Pep Boys
Location: Stratford
Posted on: 03/2/2021

Business Development Manager
Description: Business Development ManagerSelling Nesco is a win-win. Are you searching for a lucrative job but shudder at the thought of sitting behind a desk all day Motivated to earn more and make your mark in (more...)
Company: Nesco Resource
Location: Stratford
Posted on: 03/2/2021

Manager, eCommerce QA Automation Engineer
Description: Position Title: Manager, eCommerce QA Automation EngineerLocation: Hoboken, NJReports To:--Sr. Manager, QA, Digital Technology, eCommerceNewell Brands NYSE: NWL is a leading global consumer goods company (more...)
Company: Newell Brands
Location: Hoboken
Posted on: 03/2/2021

Director, Global Program Management Office
Description: Director, Global Program Management Office ul li Operations li 2105901560W Job Description br Johnson Johnson is hiring for a Director, Global Program Management Office. This role can be located (more...)
Company: Johnson & Johnson
Location: New Brunswick
Posted on: 03/2/2021

Director, Online Account Opening Solutions
Description: Job Description - Director, Online Account Opening Solutions 21000236 Job Description Director, Online Account Opening Solutions - 21000236 Description Are you highly motivated, detailed oriented (more...)
Company: CTI Education Group
Location: White Plains
Posted on: 03/2/2021

MetroPlus Health Plan: Director Of Risk Management - Health Plan / Managed Care
Description: Job DescriptionAbout
Company: MetroPlus Health Plan
Location: Holtsville
Posted on: 03/2/2021

Log In or Create An Account

Get the latest New Jersey jobs by following @recnetNJ on Twitter!

Jersey City RSS job feeds