Quantitative Analyst - Resources and Financing Optimization

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, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) 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 The team works in close relation with the Global Equity Business (Prime Services), the Fixed Income financing desks as well as other Trading desks and functions involved in the management of funding and collateral

Job Title Associate Level-1/Senior Associate

Date Department:

Global Markets Quantitative Research

Location:

Mumbai

Business Line / Function Transversal – Financing

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 activities of BNP Paribas, covering Macro, Credit, Commodity and Equity. Is supports flow and structured trading activities with poles in each region. In particular, the team is 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 for funding optimization, inventory management and scarce resources optimization. The team develops sophisticated models and put in place the infrastructure and the technology to compute, explain and steer funding costs and resource consumption.

Responsibilities Within GMQR Resources & Financing Optimization, the role focuses specifically on funding optimization and inventory management. This is a front office Associate quantitative research role.

• Participate in the global research on various aspects of Inventory Management. This covers in particular Collateral Optimization, Prime Assets Re-hypothecation, Short-Covering Automation, and Liquidity Risk monitoring
• Design, implement, and support the applications (C# and python) that automate the associated processes and produce indicators for Trading to take actions.
• Support the Financing Trading and Inventory Management trading desks by performing advanced analysis.
• 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 partnerships

Technical & Behavioral Competencies

• Graduate degree in mathematics or engineering with strong analytical skills. Knowledge of finance is a major plus.
• Strong development skills with prior experience in Python or an object-oriented programming languages (ideally C+ or C#)
• Good algorithmics capacity.
• Effective communication skills, ability and willingness to engage the business
• Delivery focused and willingness to collaborate with other teams.
• Familiarity with Financing business (Stock Loan & Funding) is a major plus

Skills Referential Behavioural Skills:

Ability to collaborate / Teamwork

Critical thinking

Communication skills - oral & written

Attention to detail / rigor

Transversal Skills Analytical Ability

Education Level Bachelor Degree or equivalent

Experience Level

At least 2 years