Market Risk Analyst, IR/FX and Credit Latam RISK MFI
Main responsibilities:
Candidates will be measured on the following four performance drivers which will dictate how individual impact is considered on the Americas platform:
- Results and Impact
- Impacts division and influences peers and team
- Demonstrates good judgement when making decisions of high complexity and impact
- Relies on limited guidance for most complex decision making
- Is responsible for driving outcomes which have meaningful effect on team or department
- Leadership and Collaboration
- Creates trust with department leaders
- Acts in leadership capacity for large projects, processes, or programs for a team
- Client, Customer and Stakeholder Focus
- Able to build relationships with a mix of intermediate and senior colleagues or clients
- Interacts regularly with management and department leaders
- Demonstrates the ability to persuade and influence stakeholders at the team level
- Compliance Culture and Conduct
- Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts
- Perceived as a person of high moral character; upholds corporate values and displays high ethical standards”
Position Requirements:
The available position includes the following responsibilities:
Risk Analysis:
- Measure and Monitor market and liquidity risks inherent to the trading desks or activities in the direct scope of the RISK analyst.
- Development of monitoring tools and reporting to the Business and Senior Management.
- Involvement in the decision-making process by providing a formal RISK opinion, issuing risk recommendations and proposing risk mitigation strategies.
- Be pro‐active in day‐to‐day assessment of positions, analyze large P/L, and provide independent analysis and quantification of existing and new risks.
- Develop and maintain a continuous and sound dialogue with the business line as well as other functions.
Risk Limits:
- Assist in the definition, review and implementation of limits and ensure they are well monitored and reported in the bank systems. This includes participating in developing tools for the Limits framework
Review the impact of new models on the book and analyze the results.
- Have a good understanding of the model assumption and their economical purpose.
- Perform tests and analysis of the impact on the valuation and risks of the books. Such changes coincide in general with system release requiring discussion with Risk‐GM Quantitative team, FO Research Team, Trading and IT.
Stress Testing:
- Develop and compute Stress‐test scenarios and analyze the results.
- Contribute to the improvement of stress testing within Global Market perimeter
Contribution to the IPV, Reserves and Prudent Valuation Framework:
- Opine on the end of month valuations reviews (market parameters review, reserves and Prudent Valuations)
- Ensure processes remain exhaustive and the process run by the IPV team is robust and well documented.
Minimum Required Qualifications
- Bachelor’s degree in Finance or Economics or Engineering;
- Experience in Risk Management areas (Market Risk / Counterparty Risk) or Front-Office roles;
- In-depth understanding of market risk and counterparty risks originated from traded products.
- Strong knowledge of capital market instruments.
- Experience in Interest Rates, FX and Credit derivatives.
- Understanding quantitative risk measures and related modeling / methodology.
Preferred Qualifications:
Other qualifications include:
- Ability to understand, identify, and communicate key risks associated with complex/exotic products (including valuation and modelling).
- Excellent verbal and written communication skills.
- Ability to work effectively in a team environment.
- Experience in other asset classes (e.g. Equity or Credit Derivatives) will be considered
- Languages: English mandatory.
- Skills: Excel/VBA/R/Python
Why join BNP Paribas?
BNP Paribas is an international bank with leading positions in the European market. It is present in more than 60 countries and employs more than 190,000 people. The Group occupies key positions in its three main areas of operation: Domestic Markets and International Financial Services (whose retail banking and financial services network is part of Retail Banking & Services), as well as Corporate & Institutional Banking, which offers services to corporate and institutional clients.
Our presence in Brazil
BNP Paribas has been officially operating in Brazil since 1996. Since 2010, when the Securities Services area began operating, the Brazilian unit has the largest number of business lines in Latin America, making it one of the Group's largest operations in emerging markets. Today, in Brazil, the Group is present with the areas of Corporate and Institutional Banking, Asset Management, Insurance (Cardif) and Fleet Management (Arval).
Currently, the BNP Paribas Group has around 1400 employees in the country. In Brazil, it is among the largest international investment banks in total assets (R$ 112.5 billion, Jun/23, Prudential Conglomerate, Central Bank), offering a diversity of products and multiple solutions to its clients.
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally
protected status.
