About the job
The mission of RISK Market & Financial Institutions (“RISK MFI”) is to provide the Senior Management of the Group, of the RISK Function and of Global Markets (“GM”) and of Securities and Services with full transparency and dynamic analysis and monitoring of market, counterparty, valuation and liquidity risks originated and managed by CIB and of credit risks on Financial Institutions in order to assist them in their risk decision making and monitoring.
As part of RISK Markets & Financial Institutions, the Management and Supervisory Information team sits at the heart of a network of technical and subject matter experts in the fields of market/counterparty risk to turn data into management information. For the MSI analyst the challenge is therefore to be able to engage with market and counterparty risks analyst on complex financial aspects and to then distribute the resulting information into a format that will be presented directly to the CIB senior management, the Group CRO or even the ECB to name a few consumers of MSI’s product.
The Management & Supervisory Information Counterparty Risk Team (MSI CCR) is responsible to provide a consolidated, global, and independent analysis of key counterparty risks. The team closely interacts with other risk managers on financial institutions and corporates, with credit analysts and with trading desks representatives.
The role is ideal for collaborative individuals with data analysis skills, financial risk interest and attention to detail. It gives the opportunity to gain a holistic and transversal view of counterparty risk originated from different activities while engaging with multiple teams inside and outside RISK.
Your Main Activities Are
- Reliably producing the supporting material discussed during the main risk committees related to Counterparty Risk. Such committees can be internal as well as with external stakeholders as supervisors or rating agencies
- Analysing the evolution of the risk metrics included in the reports (e.g. stress tests, sensitivities, market value, current exposure, potential future exposure, margin, etc..) and raising data quality issues to the relevant teams
- Producing regular standardised supervisory reports in an accurate and timely manner while analysing the data and performing controls in coordination with other senior team members
- Assisting with the production and reliability of supporting material discussed during the main risk committees as well as meetings with regulators and rating agencies within the MI CCR scope.
- Improving the tool kit of the team used for explaining and conveying risk insights.
Profile and Skills to Success
- PostGraduate degree in Economics, Science or Finance.
- Up to 4 years of experience in Risk and Controls / Data Analytics or similar
- MS Office Pack Microsoft Excel (Proficient)
- Advanced level of English, both written and oral
- Risk Management - Risk Analysis
- Analytical Ability
- Attention to detail / rigor
- Critical Thinking
- Ability to develop and adapt a process
- Communication skills, both written and oral
#LI-Hybrid
Why joining BNP Paribas?
· Leading banking institution
BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.
· Our presence in Portugal
In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 excellence centres providing value-added services to various countries where the BNP Paribas Group also operates.
· International reach
Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions:
- Retail Banking, a division that brings together all of the Group’s retail activities and specialised business lines;
- Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services;
- Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.
· Diversity and Inclusion commitment
BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
· Commitment towards work/life balance
At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.
· 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 modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices.
To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal
* 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.
