Risk Production Analyst

About the job

The main mission of the Management Information (MI) teams is to provide General Management, Metiers, and the RISK Function with a global, independent view and analysis of key risks related to market, counterparty, liquidity, and equity risk. This supports optimal decision-making and contributes to group-wide internal and external disclosure. MI's scope includes stress testing, regulatory and internal model capital production for market & counterparty risk and delivering forecasts and simulations in light of changing regulatory requirements.

• The Group RISK MFI Management Information team comprises two main sub-teams:
  1. Management & Supervisory information
  2. Capital & Resources

Within BNPP Fortis these two sub-teams are combined in one team.

Your Main Activities Are

The BNPP Fortis team maintains the common Management Information frameworks, with de-centralised validation and analysis in Brussels tailored to local management and supervisory needs, along with specific responsibilities to contribute on local entity’s Stress Testing and Capital topics.

In addition, the BNPP Fortis MFI Platform MI team works closely together with the Group MFI Platform MI Capital and Resources team, with the BNPP Fortis team providing expertise on the local exposures. The set-up seeks efficiency gains in combining a centralised calculation (methodologies are (only once) developed centrally rolled out uniformly throughout the Group) with local BNPP Fortis expertise and validation on the portfolios but also on specific regulatory constraints.

Given the more plain vanilla nature of the Global Markets activities in BNPP Fortis, the team has automated a large part of the data collection process and linked it to dynamic reports (implementing data capturing automations in a Citizen Development environment and feeding the information into reporting tools (eg PowerBI)).

In this context the key responsibilities for the BNPP Fortis MFI platform MI role in Portugal include: 

• Maintenance and further industrialisation of the automated data collection process. The BNPP Fortis MFI Platform MI analyst in Portugal will work closely together with the BNPP Fortis MFI Platform MI analysts in Brussels, who will provide the business knowledge on the local set-up.
• Running – in close collaboration with the Group MFI MI PT team - the processes for which Group wide methodology is deployed:
  1. Counterparty credit risk stress tests: RWAs, GWWR
  2. Equity risk stress tests
  3. Market risk and CVA RWAs
  4. Counterparty Credit Risk RWAs
  5. Settlement Risk RWAs

Providing the data to the BNPP Fortis MFI Platform MI analysts in Brussels for analysis, validation and reporting (with and to local stakeholders).

• Some of these reports currently run locally and hence the integration in the Group framework needs to be carefully planned and executed in order to avoid any disturbance in delivery and any quality regression. Given the nature of the portfolios, the local reports possibly include local specificities and additional granularity (e.g. for the counterparty credit risk stress tests).
• Liaise between the Group MFI MI PT team and the BNPP Fortis team in Brussels on new group wide reports and methodology reviews (e.g. Basel 4 regulation).
• Set-up and execution of control plans on data collection and reports:
  1. Report timely the KPIs/KRIs on the above reports.
  2. Organise the Business Management Committee that supervises the nearshored (from Brussels to Portugal) activities.

The role is ideal for collaborative individuals with strong technical skills (Python), financial risk interest and attention to detail. We offer a job that focuses on one of the domestic subsidiaries of a large international Group, allowing to learn and hone your skills and to work on multiple facets (capital, stress tests, risk analysis and synthesis) of a Risk Management function. The job also requires working closely together with the colleagues in Portugal and Brussels, acting as “bridge” between the Group RISK functions and local RISK function in Brussels.

Profile and Skills to Success

• Postgraduate in Finance, Mathematics or Statistics
• Risk and Controls ([0 - 5] years)
• Data Analytics ([0 - 5] years)
• MS Office (Proficient)
• IT Language Python (Proficient)
• Power BI (Beginner) English (Fluent)
• English (Fluent)
• Communication skills - oral & written
• Ability to synthesise, simplify
• Creativity and Innovation / Problem Solving
• Ability to collaborate/Teamwork
• Adaptability
• Analysis skills
• Financial Markets

 #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.