Financial Institutions Coverage (FIC) is a global coverage group specializing in the Financial Institutions sector. FIC aims to build long-term relationships with key clients and gain insight into client strategy and targets to provide original and integrated ideas and solutions. Within FIC, FIC Credit Team is responsible for the credit analysis of FIs clients.
The Credit Team performs credit analysis and provide credit recommendations on their respective perimeter to Credit Committees, Transaction Approval Committees, other RISK entities, Business Units or functions in response to general enquiries, Portfolio review committees. The Credit Team guarantees the selection and the follow up of counterparties considered Doubtful, under Watch List or sensitive list, evaluates the accurate level of provisioning, guarantees the quality of credit files and portfolios (notably by complying with regulatory framework e.g. Basel III requirements and including credit policies, rating policies and other Group guidelines), develops local market intelligence by performing desk research (financial statement analysis, monitoring of published research), maintains a network of Industry contacts and performs on site due diligence, guarantees that available local market information and views on risk issues are communicated swiftly and effectively. The Credit Team is a main partner for the Senior Credit Officers and their Business “binomes” for the clients covered by the FI credit process and is also in permanent interaction with other business lines for uncovered clients
Position Purpose
The FIs Credit analyst is responsible for promoting and sustaining a high level of risk proficiency within FIC environment.
He / she is responsible for acting as an expert on his / her FIs portfolios vis à vis Business Lines, RISK I2S and other RISK departments: Projects, methodologies, regulations…..
His / her portfolio under coverage can encompass any kind of FI clients with the exception of Funds and Market Infrastructures (i.e. Banks, Brokers, Insurance Companies, Pension Funds, Government related entities, non-banking FIs…), incorporated in Greater China.
He / she ensures the delivery of high quality Credit Reviews and recommendations (be it for a client onboarding, a specific transaction or an annual review), supplied in a timely and efficient manner to Delegation Holders, and Business representatives.
He / she helps the Regional Head of Credit Team in the management of regional setup and transversal projects.
He / she occupies a highly visible position within the FIC environment, at the centre of dialogues involving FI Coverage, Product Lines and Risks. The role has an impact on Business transaction structuring and commercial strategy, by providing views on quality of structures or risk profiles of customers and prospects.
Responsibilities
Act as FIC Credit expert representative with the Coverage Bankers of FIs, Business Lines and RISK departments: Projects, methodologies, regulations…
Be responsible for the professional and efficient risk assessment of counterparties under coverage, through a process of annual / semi-annual reviews and sector analysis.
Closely monitor the development of counterparties and sectors under coverage, and promptly provide reports and alerts to his management on any material development, critical market event or major legal / regulatory changes.
Provide high standard credit analysis and recommendations
Conduct independent due diligence on counterparties, including financial analysis, industry / regulatory analysis and regular meetings with clients/regulators/competitors.
Ensure the accuracy and consistency of all internal ratings, ensure they are supported by detailed rationales and proactively propose upgrades / downgrades in quick response to evolving circumstances.
Contribute to ad hoc and periodic risk / regulatory reporting, risk policy reviews.
Contribute to transversal projects, ensure efficiency in processes and revisit approaches if need be.
Keep abreast of the latest regulatory requirements and BNPP policies, to ensure compliance with the same.
Maintain a close and professional dialogue with Business Lines and RISK departments.
Permanent Control Aspects
Direct contribution to BNPP operational permanent control framework.
Responsible for the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan.
Ensure compliance with regulatory requirements and internal guidelines.
Responsible for reporting all incidents according to the Incident Management System.
Ensure audit recommendations are resolved within the specific timeline.
Technical & Behavioral Competencies
Strong analytical skills with good accounting / legal background
Strong product knowledge as well as risk mitigation frameworks (CSA, GMRA, PBA, GSA etc)
Good knowledge of the legal and regulatory environment in Greater China
About BNP PARIBAS
As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.
We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.
BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
BNP Paribas MixCity which fosters better representation of women at all levels of the organization
Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
BNP Paribas CulturAll which celebrates diverse backgrounds
BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.
Découvrez les métiers de BNP Paribas : Audit, Conformité, Risques et Juridique
Le paysage réglementaire de notre secteur évolue rapidement et nous nous devons d’être irréprochables ! Pour exercer un métier à fortes responsabilités et prendre part à des décisions stratégiques pour le bon fonctionnement de BNP Paribas, découvrez les opportunités offertes dans les métiers de l’audit, de la conformité, des risques et du juridique.
Pour quelles raisons je rejoindrais BNP Paribas et pas une autre entreprise ?
Parce que je souhaite...
Et si on vous disait que travailler dans notre Groupe, ce n’est pas ce que vous croyez ? Chez BNP Paribas, on exerce une multitude de métiers qui évoluent en permanence pour être en phase avec les attentes des clientes et clients comme de la société. Au travers d’actions du quotidien ou de grands projets, exercer l’un de nos métiers, c’est s’engager pour agir durablement.
Se sentir bien dans son job, c’est avant tout venir travailler comme on est. C’est aussi avoir les moyens d’un bon équilibre entre sa vie professionnelle et sa vie personnelle. Deux engagements majeurs pour BNP Paribas.
Chez BNP Paribas, le développement de vos compétences est essentiel, pour vous comme pour nous. Et cela vous servira pour toute votre vie professionnelle.
