BNP Paribas

Junior Portfolio Manager

BNP Paribas$90K — $145K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Mathematics, Accounting, Engineering, or a related field.
  • 2-4 years of experience in Structured Finance, Fixed Income, or High Yield.
  • Excellent verbal and written communication skills.
  • Results-oriented with a growth mindset.
  • Proficiency in Fixed Income financial modeling and data analysis.
  • Strong analytical and quantitative capabilities.
  • Ability to work independently and collaboratively.

Responsibilities

  • Oversee long-only portfolios in collaboration with analysts and stakeholders.
  • Assist in managing and monitoring structured finance portfolios and prepare risk/performance reports regularly.
  • Create dynamic marketing materials showcasing fund performance and market data.
  • Conduct market research and due diligence on fund assets through conferences and analyses.
  • Manage daily operations, including trade bookings and valuation report reviews.
  • Drive operational improvements and oversee structuring projects related to finance contracts and fund expenses.
  • Participate in the development and launch of new funds, creating pitches and engaging directly with clients.

Benefits

  • Comprehensive health and wellness packages.
  • Opportunities for professional development and growth.
  • Networking opportunities within the finance industry.
  • Support for continued education and certifications.
Full Job Description
Job Purpose

To assist in managing our current portfolios of US structured finance funds (including hedge funds and long-only mandates), providing portfolio management support on some funds while taking a leadership role on more straightforward ones, and contributing to the development of new funds for our platform.

Key Accountabilities

  • Portfolio Management: Oversee long-only portfolios or sleeves in collaboration with analysts and all relevant stakeholders (operations, risk, compliance, etc.). Implement investment objectives defined in conjunction with clients and deploy capital by weighing analysts' recommendations, market timing, and risk/return considerations.
  • Monitoring & Reporting :Assist in the management and monitoring of portfolios of US structured finance instruments. Prepare comprehensive reports for the funds, specifically in the areas of risk and performance, by generating and updating reports on a monthly basis.
  • Marketing:Create marketing materials that reflect up-to-date performance and relevant economic data to support the platform's marketing efforts.
  • Research:Conduct market research, attend conferences, perform manager due-diligences and and analyze specific assets and asset classes held by the fund, in an effort to better understand them and provide timely/relevant information.
  • Supervise Operations:Manage daily operations for the funds (such as trade booking), oversee the middle office, and review monthly valuation reports prepared by the administrator.
  • Lead operational / structuring projects:Drive operational improvements & structuring projects (negotiation of financing and derivatives contracts), maintaining fund positions in systems and supervising fund expenses.
  • Launch New Funds: Participate in the development of new products for our US platform. This includes designing pitches and presentations, modeling portfolios, engaging with clients to understand their needs, and evolving into the portfolio manager role for newly launched products.

Role Requirements

Education/Qualifications
  • Bachelor's degree in finance, Economics, Mathematics, Accounting, Engineering or a related field.


Experience
  • About 2 to 4 years ideally in Structured Finance or Fixed Income, High Yield


Knowledge and Skills
  • Excellent verbal and written skills
  • Result oriented with a growth mentality
  • Proficiency in Fixed Income financial modelling and data analysis
  • Strong analytical and quantitative skills required
  • Ability to work independently and as part of a team


Competencies
  • Excel & Power Point

The pay range for this position is from $90000 to $145 000. Actual pay will be determined based upon the individual's skills, experience and location. We strive for market alignment and internal equity with our colleagues' pay.

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