Market & Counterparty Risk Capital Senior Analyst

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 BP2S 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 
  • RISK MFI Management Information (MI) - Capital and Resources ensures the coordination, reliability and compliance of regulatory and internal capital production for market, counterparty and settlement risks for the BNPP Group, as well as additional related thematically-linked deliverables
  • The team are ultimately responsible for the official calculation, associated analysis / explanation and reporting of Market, Counterparty and Settlement Risk Weighted Assets (RWA), and additionally for updates of forecasts and simulations delivery, alongside related regulatory demands
  • The Senior Counterparty Risk Capital Analyst is primarily in charge of the production and reliability of the Capital figures for counterparty risk for both current (mainly advanced approach) and full standard approach framework. Scope under management is almost the Group one for both standard and advanced approaches
  • The analyst drives the analysis of the Counterparty Risk Capital figures dynamic and the reporting to Businesses, Group Finance and senior management
  • They finally act as the point of contact of the Paris team members with regards to the operational insertion of the counterparty risk Capital metrics and figures

Your Main Activities Are

• • Production: Manage/coordinate the production taskforce to deliver accurate and timely Regulatory Capital figures for counterparty risks based on the implemented procedures and methodologies. This requires interactions with a number of other teams and functions (within RISK, business lines and Finance Group) in order to monitor and improve process consistency
  • Analysis and Explains: Coordinate/develop/prepare Capital explain with contributions from RISK MFI teams to explain past variations and more broadly perform value-added analysis for the team clients
  • Lead the contribution to the monthly Financial Market Risk Committee (FMRC). Contribute to the production of other relevant / on demand reports to the Board and to Group, Businesses and RISK Management, as well as requests from ratings agencies, regulators and auditors  
  • Contribute to the improvement of the Capital framework (industrialisation, calculation frequency increase, CORE IT improvements/fixes, analysis and explain framework) together with the Paris team representatives
  • Ensure team’s internal documents (operational procedure, methodological document and control plans) are maintained up to date under the applicable governance
  • Drive the production, validation of the stressed RWAs with the objective to deliver accurate and understandable counterparty risk metric for the Risk appetite statement of the Group

Profile and Skills to Success

• • Bachelor Degree in Mathematics / Finance / Engineering or related          
  • At least 3 years of experience in Counterparty Risk            
  • Advanced level of English, both written and oral
  • Attention to detail / rigor
  • Analytical ability
  • Communication skills, both written and oral
  • Client focused
  • Proactivity 

 #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.