About the job
The position is a Market Risk Management Analyst Trainee role within RISK Market & Financial Institutions (“RISK MFI”) dedicated to the Credit Flow business line of Global Market.
The Credit Flow trading desk mandate is about market-making corporate bonds, Credit Default Swaps (CDS) or Asset-Backed Securities (ABS).
RISK MFI provides the Senior Management of the Group, of the RISK Function and of Corporate & Institutional Banking (“CIB”) with full transparency and dynamic analysis and monitoring of market, counterparty, liquidity risks originated and managed by CIB GM and of credit risks on Financial Institutions to assist them in their risk decision making and monitoring.
The Market Risk manager acts as the point of contact for the business line and provides a holistic view of the market risk of the activity. The market risk manager anticipates, detects, analyses, and provides an opinion on the market risk and issuer risk of the activity notably through early detection and in-depth review of the hidden risks.
On top, they regularly challenge the monitoring, tooling, and framework in place to monitor the market risk of the activity. This can involve designing and running stress-testing on the trading book positions.
We are looking for a profile who can rapidly develop knowledge into the Credit Flow activity and the market risk entails by it.
The role requires agility to onboard oneself onto new topics to support the analysis or monitoring conducted by other team members or stakeholders.
Your Main Activities Are
Responsibilities of the Market Risk Analyst Trainee role
- Follow the main market risk and formulate risk options to RISK Management.
- Contribute to analysis that can challenge and opinion on the information and views provided by the trading desks.
- Build knowledge on the valuation, market risks and profit & loss of the trading desks under scope.
Role Competencies
- Ability to integrate information from diverse sources, often involving large amounts of information.
- Motivation to collaborate and share ideas and knowledge with team members.
- Understands clients’ needs and values constructive and positive feedback.
- Ability to ensure the precision, accuracy and thoroughness of the information manipulated or delivered
- Ability to manage time, to plan, structure, prioritize and coordinate activities and resources effectively to reach objectives
- Demonstrating curiosity.
Profile and Skills to Success
- Master’s degree in finance, Applied Mathematics, Science or Engineering.
- Knowledge in derivatives and their risk management
- Strong analytical capabilities
- On technical/ programming skills, a working knowledge of Excel / VBA / Python is beneficial
#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.
