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Allocations Trainee
BNP Paribas Factor
Source: Headcount Labs · original listing ↗
Job data: Headcount Labs, ODbL 1.0. Job descriptions belong to their employers.
Posted 6 days ago
About this role
About the job * BNP Paribas Factor specializes in meeting the diverse financing requirements of corporate clients. We provide comprehensive factoring services and international trade solutions (import/export) to facilitate seamless cross-border transactions. Operating through our strategic offices in Porto and Lisbon, we offer a robust suite of products tailored to local and international market needs * The Allocation Officer will contribute for the accurate reconciliation of received payments (imputations) and the effective coordination of the imputation team. This role reports directly to the Head of Back Office within the Operations, Transformation, and Administrative Department * The successful candidate will help ensuring strict adherence to the principles of client protection, ensuring that all products and services are managed with fairness, transparency, and accuracy. Furthermore, the officer will operate within the established BNP Paribas IT Governance framework and uphold the highest standards of regulatory compliance, including Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), Tax Fraud prevention, and Market Integrity protocols Your Main Activities Are * Transaction Management: Helping identify and process various payment types, including transfers, checks, and SEPA Direct Debits (SDD) * Operational Coordination: Serve as a point of contact to resolve inquiries regarding departmental services for internal stakeholders, debtors, and clients * Reporting & Analytics: Helping prepare industry-specific reports and monitor Key Performance Indicators (KPIs) to ensure operational efficiency * Regulatory Compliance: Rigorously apply Compliance, Financial Security, and Professional Ethics guidelines. Ensure full alignment with KYC (Know Your Customer) policies and international financial sanctions * Uphold the Group’s commitment to client interest by providing timely, clear, and accurate information, ensuring all interactions are conducted with integrity and in accordance with the Corporate Code of Conduct * Data Governance: Contribute to the Implementation and maintenance of Group policies regarding Personal Data Protection, promoting a culture of data quality, integrity, and security in all daily operations Profile and Skills to Success * High School Graduate or equivalent * Proficient level of English * Proficiency in Invoice Management and Payment Reconciliation * Strong analytical capabilities and problem-solving skills * High level of rigor and meticulous attention to detail LI-Onsite 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](https://www.bnpparibas.pt/en/employee-value-proposition/) and our [Career path page](https://www.bnpparibas.pt/en/employee-value-proposition/career-path/). * 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.