Job Description

Business Overview:

The Credit platform provides an added value service on Credit Markets to our institutional clients. Our global offer includes vanilla flow products and complex derivatives solutions. Our distribution franchise leverages our primary market leadership, global trading set up and recognized research and strategy teams.

Candidate Success Factors:

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

Results and Impact

Able to influence peers and team.
Demonstrates good judgement when making decisions of high complexity and impact.
Exercise appropriate autonomy in the execution and delivery of work. 
Responsible for driving outcomes, which have meaningful effect on team or department.

Leadership and Collaboration:

Creates trust with colleagues.
Acts in leadership capacity for projects, processes, or programs.

Client, Customer and Stakeholder Focus: 

Able to build relationships with a mix of colleagues and clients.
Interacts regularly with management and department leaders.
Demonstrates the ability to influence stakeholders at the team level. 

Compliance Culture and Conduct: 

Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities: 

Trader responsible for making markets in High Yield corporate bonds. Responsibilities will include:

* Provide liquidity to BNPP’s global investor base in designated sectors.

* Send prices for the range of securities covered: at least once a day for “off-the-runs” and multiple times a day for benchmarks.

* Provide market commentaries to sales and clients using both physical and electronic venues: morning meeting, Bloomberg messages and chat rooms.

* Partner with Credit Strategy and Research in designing and promoting trade ideas.

* Monitor risk measures to identify potential Credit and Market risks.

* Risk-manage a trading portfolio consistently with market conditions and access to liquidity

Minimum Required Qualifications:

* Bachelor’s Degree in Finance or a related field. Master’s Degree a plus

* Experience trading HY corporate bonds at a large sell side bank

Preferred Qualifications: 

* At least 3 years of previous HY corporate bond market experience from a large sell side bank

* Existing relationships with investing clients who actively trade HY corporate bonds

FINRA Registrations Required: 

7 & 63

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required): 

yes

SEC Security-Based Swap Dealer Associated Person:

yes

While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted.

The expected starting salary range for this position is between $225,000 to $250,000annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.