About the job
- The position is a Counterparty Risk Exposure Senior Analyst role in the Exposure Model team within RISK Market and Financial Institutions (RISK MFI)
- RISK MFI provides the Senior Management of the Group, of the RISK Function and of Corporate and Institutional Banking (CIB) with full transparency and dynamic analysis and monitoring of market, counterparty, liquidity risks originated and managed by CIB GM and of credit risks on Financial Institutions to assist them in their risk decision making and monitoring
- The Exposure Model team is one of the teams of the RISK MFI Counterparty Analytics and Risk (CAR) entity
- RISK MFI CAR acts as a centre of expertise for counterparty risk metrics contributing to the production, analysis, and anticipation of all Global Market counterparty risks
- The Exposure Model team is dedicated to the production, control, communication, and analysis of Internal Model and regulatory counterparty risk metrics. The team works within an Agile environment and framework
Your Main Activities Are
- Analysis of counterparty risk metrics
- Evaluation of the performance of counterparty risk pricers
- proposals for improvements to the representation of counterparty risk in the systems in partnership with the other teams of the department
- Maintenance of the methodological documentation of any adjustments to the metrics
- Evaluation of the impact on metrics induced by changes on the counterparty risk models and pricers
- Regulatory topics
- Analysis of the recommendations addressed by supervisors and implementation of solutions for their closure
- Response to ad-hoc requests from our supervisors
- Production of reports intended to them
- Reporting / committees
- Participation in the committees related to monitoring counterparty risk, its pricers, the management of the data used for counterparty risk management
- Actions and follow-up of points agreed for remediations during those committees
- "Run the bank"
- Participation in the counterparty risk capital calculation quarterly process
- Support to Front Office traders for simulating the impact of new transactions on the counterparty risk profile
- Adjustments of counterparty risk metrics
- Monthly certification of the counterparty risk metrics’ quality
- Analysing and monitoring the core metrics of counterparty risk across all clients trading derivatives products on the various asset classes with the Global Market business of BNP Paribas
- Regular interactions with Front Office to explain the various Counterparty Risk Internal Model metrics and collaborate around improvement proposals
- Coordinating with different RISK teams (Market Risk, RISK Systems) to ensure continuous metrics data quality
- Some regular interaction with the Credit Officer teams
Profile and Skills to Success
- Master’s Degree in Finance / Applied Mathematics Sciences / Engineering or related
- Up to 2 years of experience in Risk and Controls / Data Analytics or similar
- Advanced level of English, both written and oral
- Knowledge of light programming language as R or Python
- Ability to integrate information from diverse sources, often involving large amounts of information
- Ability to ensure the precision, accuracy and thoroughness of the information manipulated or delivered
- Ability to express oral and written message effectively in a clear, structured, accurate and concise manner, based on facts
- Ability to collaborate / teamwork
#LI-Hybrid
Why joining BNP Paribas?
- Leading banking institution
Leading player in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe
The Group holds key positions in several areas of banking and financial services that are structured around three operating divisions:
- Corporate & Institutional Banking (CIB) connects companies needing financing and institutional clients looking for investment opportunities division that offers tailored financial solutions for corporate and institutional clients
- Commercial, Personal Banking & Services (CPBS) brings together all our commercial banks and several specialised businesses heard
- Investment & Protection Services (IPS) combines a unique continuum of products and services across protection, saving, investment and real estate including specialised businesses offering a wide range of savings, investment and protection services
In Portugal since 1985, BNP Paribas today has more than 9.220 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 centres of expertise 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.
