About the job
- The Counterparty Risk Monitoring Officer monitors counterparty risk exposures on BNP Paribas (BNPP) Corporate & Institutional Banking (CIB) clients, to ensure such risks stays within BNPP’s own risk appetite. It includes the monitoring of the positions and the analysis and reporting of exposures in excess of their limits, supporting the simulation of the impact of new trades on the counterparty risk exposure, the management of specific misrepresentation of the exposure of the portfolio of clients. It involves a constant discussion with all counterparty risk management stakeholders
Your Main Activities Are
- Monitor counterparty risk exposure of Financial Institutions and Corporates
- Analyse the trigger of counterparty risk exposure limit excesses and share the root cause to the credit analysts, credit officers and the relevant business lines
- When relevant, highlight transactions that breached the bank’s counterparty risk appetite and prepare the relevant warning to the front office
- Support some pre-trade simulation alongside Front Office on exotic transactions
- For identified transactions, perform overrides of the counterparty risk pricer using the appropriate override pre-defined methodology
- Participate to the roll-out of counterparty risk management monitoring frameworks improvements
- Regularly collaborate with IT and Data Analyst teams to deliver monitoring functionalities improvements
Profile and Skills to Success
- Bachelor’s Degree in Economics / Finance / Accounting / Mathematics / Statistics or related
- Up to 2 years of experience in Risk and Controls or similar
- Advanced level of English, both written and oral
- Knowledge in MS Office Excel
- Attention to detail / rigor
- Ability to collaborate / teamwork
- Ability to develop and adapt a process
- Analytical ability
- Organisational skills
#LI-Hybrid
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 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.
