BNP Paribas is a leading European bank with an international reach. It has a presence in 72 countries, with more than 202,000 Employees – including more than 154,000 in Europe and over 5,000 in Portugal alone.
BNP Paribas is present in Portugal since 1985, having been one of the first foreign banks to operate in the country. Today, BNP Paribas has several entities operating directly in this territory, offering a wide range of integrated financial solutions to support its clients and their businesses.
Worldwide, the Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
DEPARTMENT OVERVIEW Missions
To advise the Bank on risk appetite definition
To contribute as an objective “second pair of eyes” that risks taken on by the Bank align with its policies
To report and alert Bank Management of the status of risks to which the Bank is exposed
To contribute to the development and growth of the risk culture within the Group.
One of BNP Paribas’ great strengths is its expertise in managing risk
Accompany the Group’s development with a business-minded spirit
Provide fast, complete and reliable information on our risk profile
Offer high quality risk management expertise to the Group’s stakeholders
Foster risk anticipation and position RISK as a prospective watchtower
Prepare the Group for high and higher regulatory expectations
RISK Global Markets is responsible for providing full transparency and dynamic analysis of the market, counterparty, valuation and liquidity risks managed by CIB Global Markets.
The team is based in London and Lisbon but covering all processes of RISK Global Markets teams around the world. Previous projects have covered a broad range of subjects including: valuation adjustments; independent price verification (IPV); market and counterparty risk dashboards; counterparty risk management; collateral management; limit monitoring/calibration.
The role requires close coordination and collaboration with other RISK Global Markets teams globally. There will be regular interaction with the market and counterparty risk teams as well as other teams such as the risk IT department, Front Office, etc.
Analyse and re-engineer process methodologies and implementations in order to improve harmonisation, gain efficiency and reduce operational risk.
Drive harmonisation, best practices and adoption of up-to-date technologies across RISK GM
Improve risk insight by making better use of data and improved visualisations.
Act as a centre of expertise within RISK GM for coding and technology topics.
Provide tools and knowledge to the RISK GM coding community.
Follow developments in technology outside of RISK GM.
Manage and coordinate prioritisation of projects with management.
Relevant expertise in computing/data science techniques and technologies.
The candidate must be very comfortable in at least either Python or R.
The candidate must be structured, both in terms of thinking as well as in terms of coding.
Knowledge of machine learning techniques.
Ability to work autonomously and taking initiative.
Good communication skills
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, 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.
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.