About BNP Paribas Corporate andInstitutional Banking
Fully integrated in the BNP Paribas Group, BNPParibas Corporate and Institutional Banking (CIB) is a leading provider ofsolutions to two client franchises: corporates and institutionals, and operatesacross EMEA (Europe Middle East Africa), APAC (Asia Pacific) and the Americas.The bank is a global leader in Debt Capital Markets and Derivatives. It is atop European house in Equity Capital Markets and it has leading franchises inSpecialized Financing. In Securities Services, it is a top five Houseworldwide. BNP Paribas CIB strives to service the global economy by providingsolutions to its clients in financing (ECM, DCM, specialized financing), flowbanking (trade finance and cash management), financial advisory (M&A,project finance), global markets (interest rates, credit, foreign exchange,equity derivatives), risk management, and securities services.
Thisis a VP/Director level role that will report to the head of Agency MBS Trading.
Tradingrole will focus on market making and risk management of TBAs and relatedSpecified Pools
Providemarket liquidity through market making to BNPP client base.
Write daily commentary to be distributed to the salesforce, hold conferencecalls with clients to discuss the market and trade ideas.
Contributeto and facilitate with trading middle office, the confirmation of daily P&Lat the close of the day.
·Monitor market news and events and evaluate the risk and opportunities forclients and the firm's positions and strategy.
·Attend relevant regulatory and product/skill training and keep up to date withmarket issues.· Maintain opencommunication with team and direct line management to resolve risk and P&Ldiscrepancies and fulfil notification requirement.