About the job
The role of Management & Supervisor Information (MSI) team is to provide General Management, CIB, supervisors, rating agencies and other stakeholders with a consolidated, global, and independent view of the market, liquidity and counterparty risks associated with trading securities, derivatives and repos with clients such as other banks, corporates or hedge-funds. Perimeters covered by the MI team include notably BNP Paribas’ Global Markets, Securities Services, ALM Treasury, Asset Management and Wealth Management.
Consequently, as part of RISK Markets & Financial Institutions, MSI sits at the heart of a network of technical and subject matter experts in the fields of market/counterparty risk in order to turn data into management information. For the MSI analyst the challenge is therefore to i) be able to engage with market and counterparty risks analysts on complex financial aspects and ii) then distill the resulting information into a clear message 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.
Finally, working within the MSI team will allow you to strengthen your knowledge of market, counterparty and liquidity risks on a diversified scope and constantly changing subjects.
Your Main Activities Are
The core responsibilities of the MSI role include:
- Analysis on market risks measures such as Greeks, understanding of the outright and various basis exposures, the P&L explain, the Regulatory VaR and SVaR, as well as the Stress Tests (assumptions and drivers) within the FICC (Fixed Income Currencies & Commodities) perimeter.
- Analyse risks and put metrics vs market-dynamics into context, regarding the expected impact, compiling the information and reporting findings to the Management, in the form of supporting the various risk committees/meetings in place, including GM Main Positions Meetings. Interact regularly with RISK MFI A&D, representing RISK MFI MSI in the regular meetings with Trading and RISK, taking full responsibility for commenting exposures and contributing on discussion topics and points of attention, having full ownership of the meeting document and meeting minutes/notes.
- Contribution on related topics to the production of the monthly Financial Market Risk Committee (FMRC) documentation. 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.
- Improve reporting through continuously adjusting the contents based upon information on prevailing business activities, in order to aid the decision making of Senior Management.
- When dealing with subject matter experts, show understanding of complex topics, such as those involving quantitative analysis, models, stress testing, etc; demonstrating awareness of quantitative skills / techniques.
- Drive infrastructure upgrades/development ensuring improvements and maintaining understanding of changes and ability to explain them. Improve existing processes in order to optimize efficiency, improve transparency, enhance functionality and ensure optimal quality of reporting.
- Provide expert assistance to MFI MSI ST and RISK MFI in stress testing matters and related regulatory reporting contributions.
- Adhere to procedures, performing controls and data quality processes.
- Developing models for Market Risk analysis and internal Stress Testing, doing draft presentations and technical documents designed to articulate key risks to non-risk forums, among other responsibilities.
The role is ideal for collaborative individuals with technical skills, financial risk interest and attention to detail. Whether market risks associated with trading activities or engaging with internal and external stakeholders, the role gives you a holisitic experience of being a risk management professional.
Profile and Skills to Success
- Master's degree in Finance, Mathematics, Engineering or Statistics.
- A previous experience in Risk Management or Data Analysis would be a plus.
- The candidate must be fluent in English.
- A good communication both oral and written, as well as the ability to synthetise, is required for the position.
- The candidate must be proficent in Microsoft Office tools.
- An understanding of Financial & Risk management concepts as well as deriveative products is recommended.
#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.
