Analyst - Commodities, Credit, FX & Rates, Legal

BNP Paribas is the European Union’s leading bank and a key player in international banking. We operate in 65 countries and employ 190,000 people, including nearly 145,000 in Europe. Our Group holds key positions in its three main fields of activity: Commercial, Personal Banking & Services; Investment & Protection Services; and Corporate & Institutional Banking (CIB) for corporate and institutional clients.

BNP Paribas’ CIB UK Legal department is a dynamic and integral part of the bank’s activities, providing expert Legal advice and support across a wide range of activities. Our teams work closely with the business on transactional, advisory and governance matters and on disputes. It is led by dedicated professionals who ensure that the bank’s interests are protected while adhering to the highest Legal, regulatory and ethical standards. The department is involved in various initiatives, including work experience programs, diversity and inclusion efforts, and Legal technology advancements, reflecting its commitment to excellence, innovation and efficiency in the Legal field.

About the Graduate Programme

You will be part of a class of recent graduates and will join an 18-month intensive learning programme of three rotations in various environments within BNP Paribas Legal. Your journey through the Legal department will provide you with an experience that will enhance your skills. Fully integrated into the various Legal environments, you will contribute to Legal activities and participate in its strategic projects.

The rotations:

• The first rotation is carried out in the Legal team that you will join permanently at the end of the Graduate Programme.
• The second rotation is planned abroad to allow you to discover the international dimension of the Group.
• The last rotation will complete your experience in a Legal team whose missions are meaningful for your career path.

In addition, you will benefit from:

• A cross-functional learning experience, a springboard, and a career accelerator
• Networking opportunities
• Personalized and enhanced HR support
• A working environment conducive to exchanges and sharing, especially with the other Graduates who will form the class
• A defined career path

Job Purpose Commodities, Credit, FX and Rates (CCFR) Team

This specific role will be based in the Legal CCFR team; an organisation within LEGAL comprising legal professionals providing legal support to business lines throughout the BNP Paribas Group in relation to Credit, Commodities, FX and Rates matters. The team is part of the LEGAL Derivatives Platform.

Purpose:

The CCFR Analyst supports other more senior members of the CCFR team in providing specialist legal and/or regulatory advice to the business in order to ensure that the business is supported, and able to achieve its objectives, on all matters relating to CCFR, whilst effectively identifying and managing legal risk. The work undertaken by a CCFR Analyst will be a mix of independent work and also assisting and supporting the work of more senior members of the CCFR Legal team on more complex projects.

Scope:

UK role but may advise on transactions across EMEA

The CCFR Analyst assists on projects, develops relationships with stakeholders and undertakes tasks in order to assist and enable more senior members of the CCFR team to provide high quality legal advice to the business.

Key Responsibilities

• Accountable for providing routine support within CCFR in relation to client-facing transactions and internal projects. A core early responsibility will be supporting a transaction management process on securitisation swaps; however Analyst will be involved in matters across the team’s coverage as they develop.
• Conducts research in order to assist more senior members of the CCFR team with the provision of advice, including in relation to legal textbook and database research and treatment of points under ISDA or other industry standard documents, and dealing with queries from other stakeholders within the Bank, under supervision of more senior lawyers within the CCFR team as appropriate.
• Keeps up to date with relevant legal and regulatory rules and procedures, and the internal policies of the Bank and correctly applies that knowledge in order to assist more senior members of the CCFR team in determining an appropriate course of action based on those guidelines.
• Responsible for delivery of output on their specifically assigned tasks, working to appropriate timelines, ensuring sufficient attention to detail and service quality.
• Uses best practices and experiences to assist more senior members of the CCFR team in identifying potential process improvements to ensure efficiency and effectiveness of the support provided personally and by the CCFR team, particularly in relation to legal risk management.
• Works under own initiative but with readily available supervision and guidance to prioritise their workload and achieve their personal development and growth objectives within agreed timescales.
• Collaborates with more senior professionals within the CCFR team on more complex tasks, such as non-standard client documents and new internal precedents and helps conduct research on projects as directed.
• Builds internal working relationships with colleagues and more senior team members within CCFR to increase their knowledge of the CCFR Legal team and its role in helping to support and drive business performance.

Requirements

• Undergraduate Law degree; with less than two years’ post graduate experience
• A developing knowledge of the Bank, the industry, and its products / services.
• A strong personal focus on accuracy and attention to detail and able to prioritise workload based on shifting business needs.
• Good written and oral language skills.
• Capable of working both autonomously (with senior support as required) as well as part of a cross-disciplinary team.
• Skilled in the use of a range of standard computer software, e.g. Microsoft Office, email.
• Use of AI tools

And of course, we expect all our colleagues to embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).

A bit more about why you should join us

1. We’re a great place to work

We aim for optimal work/life balance (depending on role, this includes hybrid working, flexible working and agile)

We are proud of our award-winning flexible benefits and health & wellbeing strategy. Our flexible benefits include:

• Generous holiday allowance of at least 26 days (plus bank holidays) with option to buy and sell holidays.
• Valuable financial plans a 12% non-contributory pension which has been moved to sustainable investments*, life assurance*, income protection and personal accident insurance.
• Extensive wellbeing and mental health offering one of the most advanced private medical schemes in the UK, dental cover, wellbeing app, Cognitive Behavioural Therapy support, subsidised gym memberships, bespoke health assessments including genetic testing, Private GP (including digital GP services to parents of employees), Employee Assistance Programme, menopause & fertility support (we are an accredited Menopause Friendly Employer), neurodiversity assessment and support.
• Plus, emergency back-up care for dependants, green car leasing, season ticket loan, and a range of other benefits.

* Subject to relevant caps

2. As the eurozone’s largest bank, we are committed to having a positive impact in the world.

For example, we are committed to Net Zero in all of our financing and investment portfolios by 2050. By 2030, 80% of our energy production financing will be low carbon.

But impact for us means more than climate. It means empowering our people every day. Everyone gets four volunteering days each year – in 2023, we achieved over 18,000 hours of volunteering across the UK and reaching over 4,500 young people.

3. We believe in our people

We support our people to develop skills to adapt to the ever-evolving world of work and to prepare for the jobs of today and tomorrow. We do this through a comprehensive training offering, talent programmes, mentoring, career days and inhouse career tools.

We are proud of the number of our people who progress and secure new roles internally. In fact, in 2023, nearly half of our positions in UK CIB were filled internally.

Investing in our people also means we have a collaborative and inclusive culture:

• Direct feedback from our people shows that our internal culture sets us apart from our industry peers.
• Each year, nearly 30,000 employees globally are involved in professional networks that play an active role in promoting Diversity and Inclusion within the Group. These include our: Pride Network, Ability Network (which supports disabled employees), MixCity (gender equality network), Women in Global Markets, Women in Global Banking, Women in IT, Diversity Equity & Inclusion in Technology, Early Careers Network, Multicultural Network and Parents & Carers Network.

Equal opportunities

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation, or any other Legally protected status.

Adjustments

We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition which may mean that you’d benefit from some adjustments or additional support, please let us know as early in the process as possible.

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