M360 Macro Quant Analyst Support

April 2, 2024

M360 Macro Quant Analyst Support

ReferenceSEC001232

  • Standard / Permanent
  • IN-MH-Mumbai
  • SALES DEVELOPMENT
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About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

About BNP Paribas Group:

 BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

About Business line/Function:

 ABOUT GLOBAL MARKETS

Global Markets is BNP Paribas’ capital markets business within Corporate & Institutional Banking (CIB), delivering solutions across asset classes, and industry-leading services for clients including Institutional, corporate, private banks and retail distribution networks.

 ABOUT Markets 360

Markets 360 is made up of around 100 economists, strategists and analysts across the Americas, Western Europe, CEEMEA and Asia Pacific, who work closely together to create cross-asset perspectives.

With a focus on value-added research and thought leadership, the aim is to publish clear, timely and thought-provoking pieces on topics ranging from financial and economic forecasts to in-depth analysis of particular assets, economies and themes.

 The Macro Quant & Derivatives Strategy team is part of Markets 360 and is responsible for quantitative and evidence-based research on macroeconomics, major asset classes and derivatives. The team is composed of macro quant analysts and strategists who collaborate to develop and maintain models and processes that can be used to generate trade ideas and market analysis for inclusion in thematic publications. The team is client facing and works closely with sales, trading, structuring and other quantitative research teams within BNP Paribas Global Markets.

M360 Macro Quant Analyst support

Date:

27 March 24

BNP Paribas India Solutions Pvt ltd

Location:

Mumbai

GM Markets 360

Reports to:

(Direct)

Girish Nair, Head of Research Support & Publishing, ISPL

(Functional)

None

Directorship / Registration:

NA

Position Purpose

 To assist GM Markets 360 Macro Quant & Derivatives Strategy Analysts in researching and preparing reports on macroeconomics, major asset classes and derivatives.

Responsibilities

 

Direct Responsibilities

·         Develop market-leading quant indicators for asset prices, economic variables and derivative markets. This entails:

o   Reviewing academic research to identify new modelling approaches

o   Running data analytics

o   Exploring use of new data science techniques

o   Testing new date sets (i.e. alternative data)

·         Apply mathematical and statistical techniques to economic and financial market data, producing pattern recognition, relationship identification and time-series model projections.

·         Maintain and update models, including creating visual representations of outputs, compiling of dashboards, presentations and publications.

·         Apply quant analytics when running data analytics in response to client requests and market events

·         Work with other teams for the improvement of digitalization, automation and distribution of contents

·         Support the Macro Quant & Derivative Strategists (located in London and Portugal) in the process of generating trade ideas, researching new modelling techniques and producing thematic research reports, which relate quant analytics to the current economic and market news flow.

PROFILE AND SKILLS TO SUCCESS

·         Master’s degree in a numeric subject with understanding of economics and markets (e.g.: Economics with specialisation in Econometrics, Finance, Computer Science, Applied Maths, Engineering, Physics)

·         Strong interest in data analysis and solid analytical skills

·         Ability to demonstrate elementary knowledge of financial markets relationships / drivers and statistics, including econometrics

·         Proficiency in Python; other coding languages can also be considered

·         Up to 2 years of experience in a similar role

·         High attention to detail / rigor

·         Autonomy, proactiveness, reliability and results driven

·         Critical thinking, creative approach to problem solving

·         Strong communication skills (both spoken and written)

·         Fluency in English

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