About the job



Loan trading business facilitates the transaction of loans in both primary and secondary markets, providing liquidity and investment opportunities for market participants. It enables investors to gain or adjust exposure to corporate credit, manage portfolio risk, or capitalize on distressed opportunities by trading loan products following industry standards such as Loan Syndications and Trading Association (LSTA) / Loan Market Association (LMA). The Loan Trading Middle Office provides daily operational support to the Sales and Trading desks by ensuring the processing of primary/secondary loan trades and loan Total Return Swap (TRS), including all funding and documentation matters Your Main Activities Are



Work closely with the sales \& trading desk, clients, legal counsel, and operations teams to settle primary, secondary and distressed loan trades for US and UK desks
Create trades in ClearPar and confirm their details
Coordinate with counterparts and administrative agents to review and execute all trade documents necessary for closing in a timely manner, adhering to LSTA/LMA timeframes
Monitor trader's positions and monitor and manage a high volume of loan closings, updating the status for each trade, and performing reconciliations. Escalate any potential delays in trade settlement
Prepare and review LSTA/LMA standard documents including Trade Confirms, Assignment Agreements, Participation Agreements, Multilateral Agreements, and Purchase Sales Agreements for Distressed trades
Review and interpret Credit Agreements and Amendments, ensuring understanding of terms and conditions for both LSTA/LMA
Prepare and review pricing prior to settlement according to LSTA/LMA definitions, as well as closing packages for Bank Payment Settlement System (BPSS)
Report the status of unsettled trades and key risk indicators to Management on a weekly basis
Monitor and apply corporate events for both unsettled and settled trades. Report the status of unsettled trades and key risk indicators to Management on a weekly basis
Strive for efficiency by investigating and resolving closing and transactional breaks/issues in a timely manner, as well as improving processes through spreadsheets, pivot tables and macros to automate workflows Profile and Skills to Success



Bachelor’s Degree in Economics, Finance or Accounting
Up to 2 years of experience in Banking and Financial Operations
Fluency in English
Proficiency in Excel
Client focused, resilience and analytical ability
Ability to collaborate
Ability to deliver

#LI-Hybrid

Why joining BNP Paribas?

BNP Paribas, the European leader in banking and financial services in Europe, operates in 64 countries and has nearly 180,000 employees. The Group is structured around three operating divisions. Its business lines cooperate closely, as part of our integrated model, to meet the needs of all our clients in a coordinated manner:

Corporate \& Institutional Banking (CIB), connects corporate clients needing financing and institutional clients looking for investment opportunities;Commercial, Personal Banking \& Services (CPBS), brings together all the Group’s commercial \& personal banking and several specialised businesses;Investment \& Protection Services (IPS), combines a unique continuum of products and services across protection, saving, investment and real-estate.Our presence in Portugal

In Portugal since 1985, BNP Paribas today has more than 9\.700 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 excellence centers providing value-added services to various countries where the BNP Paribas Group also operates.

Diversity and Inclusion Commitment

BNP Paribas´ ambition is to cultivate an open and responsive environment for all that encourages collaboration and interaction. We demonstrate our commitment by actively contributing to the Group’s Diversity and Inclusion strategy and goals, in line with the United Nations Sustainable Development Goals. As part of our local Corporate and Social Responsibility - Diversity \& Inclusion strategy, BNP Paribas Portugal is committed to:

Promote a fair and unbiased recruitment process and offer professional development opportunities to all employees;
Celebrate diversity and advocate for inclusion, both externally and internally, encouraging employee’s participation, creating space for different voices to be heard.
To foster the effort of BNP Paribas Portugal, multiple initiatives and events take place throughout the year where our people can find out more on the importance of diversity inclusion at the workplace and in our society.

Remote Working Conditions

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working options adapted to our hybrid working environment. To ensure a comfortable and efficient working setup, eligible employees are provided with both office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional items at reduced prices.

Commitment towards work/life balance

Supporting employees in a hybrid way of working while providing them with the means to maintain a work-life balance is an essential dimension of our Smart Working program. At BNP Paribas, we care about our employees’ wellbeing and promote a culture of good integration between work and personal life.

To find out more on why you should join BNP Paribas please read our Employee Value Proposition

and our Career path page

.* Please note that only applications submitted in English will be considered.
* In case you are selected for this role, further documentation will be requested to support your hiring process.