• As part of the FIC-ICAT (Institutional Credit Analyst) department, the Financial Institutions (FI) Credit analyst is responsible for promoting and sustaining a high level of risk proficiency within Financial Institutions Coverage (FIC) environment.
• He / she is responsible for acting as an expert on his / her Financial Institutions portfolios vis à vis Business Lines, RISK I2S and other RISK departments: Projects, methodologies, regulations, etc.
• His / her portfolio under coverage can encompass any kind of Financial Institution clients (i.e. Banks, Brokers, Insurance Companies, Pension Funds, Government related entities, non-banking financial institutions…), except for Funds and Market Infrastructures, incorporated in Korea.
• He / she ensures the delivery of high-quality Credit Reviews and recommendations (be it for a client on-boarding, 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 center 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.
What would your typical day at BNPP Paribas look like?
Primary Role Responsibilities
• Act as FI Credit expert representative with the Coverage Bankers of Financial Institutions, Business Lines and RISK departments: Projects, methodologies, regulations, etc.
• 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.
Other contributions
• Presentation of Credit Proposals to local and regional Credit Committees.
• 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.
• Meet clients jointly with Relationship Managers/Coverage Bankers, when and where possible, to deepen the understanding of counterparty & credit risk.
What is required for you to succeed?
• +/- 5 years’ previous work experience in analyzing Credit risk and / or Counterparty risk.
• Strong analytical skills with good accounting / legal background.
• Product knowledge as well as risk mitigation frameworks/agreements (e.g. CSA, GMRA, PBA, GSA, etc.)
• Good knowledge of the legal and financial regulatory environment in Korea.
• Strong interpersonal and communication skills in both Korean and English, including writing skills.
• Mature personality and natural leadership skills, including a strong sense of teamwork.
Required education/certification/licenses
• Bachelor’s degree or above.
• Having direct previous work experience as a credit analyst backed with a good understanding of the financial institutions related to risk assessment & management concepts will be a plus.
• Native in Korean and excellent communication skills both in verbal and written English, including preparation and delivery of presentations.
Experience Level (in Years) : 4-6 Years
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.
