FX and Commodity Sales and Trading Assistant

About BNP Paribas in Asia Pacific

With a continuous presence since 1860, BNP Paribas is a leading international financial institution in the Asia Pacific region, operating across 13 markets with over 18,000 employees. Globally, the bank maintains a strong presence in 68 markets and employs more than 193,000 professionals. BNP Paribas specializes in offerings across corporate & institutional banking, wealth management, asset management, insurance, and retail banking through strategic partnerships. The Asia Pacific region remains a key strategic focus for the group's growth.

Role Purpose

The GM Sales and Trading Assistant (SATA) supports the front office by managing daily operational tasks such as accurate deal capturing, lifecycle event handling, control activities, and post-trade services. The role demands initiative, adaptability, precision, solid communication, and a commitment to assist within a high-paced front office setting.

Key Responsibilities

• Support daily operations across the Asia Pacific region including Australia time zones.
• Manually capture deals in front office systems and verify against documentation.
• Amend or cancel option trades for sales and trading desks.
• Process amendments or cancellations of spot, forward, and swap trades for trading and sales teams.
• Maintain segregation of duties by not engaging in quoting prices, client order taking, individual dealing, or unauthorized entry of deals.
• Promptly escalate any identified issues or suspected fraud to management.
• Assist with local regulatory reporting requirements.
• Participate in projects including portfolio migration or closure, new workflow implementations, system testing, and procedure updates.
• Manage option exercise and expiry events within the Asia time zone, including client confirmation and missed expiry checks.
• Execute barrier options as directed, confirm client barriers, and conduct missed barrier reviews.
• Notify clients of option exercises or barrier triggers.
• Ensure Non-Deliverable Forwards (NDFs) are fixed correctly and timely.
• Update official fixing rates for schedules within front office systems.
• Validate daily spot closing rates and manage associated profit/loss calculations for the Singapore spot desk.
• Coordinate setup of new trading portfolios and counterparty codes in collaboration with relevant teams.
• Distribute trade recaps and term sheets to clients and resolve any discrepancies in collaboration with client support and operations.
• Perform reconciliation checks as per global procedural standards and escalate discrepancies appropriately.
• Contribute to business continuity planning and comply with internal and external audit recommendations.
• Engage in IT projects and market initiatives to enhance operational efficiency.
• Serve as a liaison point for internal departments including market risk, collateral, credit, back office, middle office, and IT when needed.

Qualifications & Experience

• Bachelor's degree in Finance, Business, or Banking is required.
• Between 3 to 7 years of experience in FX-related roles, preferably in middle-office or front-office assistant positions.
• Strong understanding of FX and FX Options products.
• Good grasp of market conventions, transaction workflows, and lifecycle processes to promote smooth operations.
• Excellent interpersonal and communication skills, both written and verbal.
• Capability to handle high-pressure, fast-paced environments effectively.
• Ability to work autonomously while also being a dependable team player.
• Keen attention to detail paired with robust problem-solving abilities.
• Risk awareness and understanding its impact on front office and operational risk.
• Technical skills such as programming (VBA, Python) are an advantage.
• Familiarity with BNP Paribas systems is beneficial.
• Willingness to work during Singapore public holidays.