About the job

  • By Joining RISK Portugal at BNP Paribas, you will be part of a dynamic, talented and expert team, with a global coverage. You will be able to develop your knowledge through career development plan and internal mobility. The journey stays here
  • The position is a Quantitative Analyst role in the Valuation Adjustments team within RISK Global Markets
  • RISK Global Markets (RISK GM) is responsible for assessing, controlling and validating the risk associated with the business activities of CIB Global Markets, which serves corporate and institutional clients by providing solutions to their market needs. RISK GM focuses mainly on Market Risk, Counterparty Risk and Valuation Risk
  • The Valuation Adjustments (VA) team is responsible for defining and applying Fair Value Reserves (FVR), Methodology Corrections (MC) and Prudent Value Adjustments (PVA) to the Global Markets trading desks across all asset-classes
  • The Valuation Adjustments are categorised according to what they aim at capturing. Parameter & Model Uncertainty or Close-Out-Cost are some categories of such Valuation Adjustments. The pricing models do not immediately embed Valuation Adjustments, which require a specific framework managed by RISK GM VA
  • The Valuation Adjustment team works within an Agile framework

Your Main Activities Are

  • Manage the computation, validation and reporting of monthly/quarterly Vas
  • Analyse the monthly variations of VAs stocks and communicate them to Trading and other stakeholders
  • Interact with the relevant stakeholders (Trading, Finance, Product Control, Market Risk, and Quantitative Research) across all business lines (Credit, Rates & FX, Equities, Commodities) about such analyses
  • Provide visibility on the intra-month evolution of these adjustments when relevant
  • Prepare and participate to committees related to Valuation Adjustments
  • Perform the calibration of Valuation Adjustments methodologies at the defined frequency leveraging large data sets of market information
  • Contribute to the design of new methodologies based on (1) knowledge and expertise on the underlying products; and (2) proper quantitative analysis using historical data and simulation
  • Develop automated solutions to improve the efficiency and reliability of the team processes, leveraging high industrialization standards in close collaboration with IT and Digital teams
  • Collaborate closely with IT development teams to integrate such process improvements into industrialized IT platform (notably for computation, calibration and reporting)

Profile and Skills to Success

  • Master Degree in Economics/ Maths/ Sciences/ Finance
  • Between 2 and 4 years of relevant experience
  • Fluent level of English, both oral and written are mandatory
  • Knowledge in
    • Financial Markets is required
    • Financial Products is required
    • Python, VBA is required
    • Office pack - Excel, PowerPoint are required
  • Skills  
    • Communication skills - oral & written
    • Ability to collaborate / Teamwork
    • Ability to develop and adapt a process
    • Analytical Ability
    • Attention to detail / rigor

#LI-Hybrid

Why joining BNP Paribas?

· Leading banking institution

BNP Paribas is a leader in the Eurozone, and a prominent international banking institution with strong roots in Europe's banking history. It has a presence in 65 countries, with around 190 000 Employees – including more than 145 000 in Europe

· Our presence in Portugal

Since 1985, BNP Paribas was one of the first foreign banks to operate in the country. Today, the Group has around 7.100 employees across several entities operating directly in the territory, offering a wide range of integrated financial solutions to support its clients and their businesses

· 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

Primary Location
PT-11-Lisbon
Job Type
Standard / Permanent
Job
RISK
Education Level
Master Degree or equivalent (> 4 years)
Experience Level
At least 2 years
Schedule
Full-time
Reference
2211RSK13297

Découvrez les métiers de BNP Paribas : Audit, Conformité, Risques et Juridique

Le paysage réglementaire de notre secteur évolue rapidement et nous nous devons d’être irréprochables ! Pour exercer un métier à fortes responsabilités et prendre part à des décisions stratégiques pour le bon fonctionnement de BNP Paribas, découvrez les opportunités offertes dans les métiers de l’audit, de la conformité, des risques et du juridique.

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Pourquoi je candidaterais ?

Pour quelles raisons je rejoindrais BNP Paribas et pas une autre entreprise ?

Parce que je souhaite...

  • Et si on vous disait que travailler dans notre Groupe, ce n’est pas ce que vous croyez ? Chez BNP Paribas, on exerce une multitude de métiers qui évoluent en permanence pour être en phase avec les attentes des clientes et clients comme de la société.

  • Se sentir bien dans son job, c’est avant tout venir travailler comme on est.  C’est aussi avoir les moyens d’un bon équilibre entre sa vie professionnelle et sa vie personnelle. Deux engagements majeurs pour BNP Paribas.

  • Chez BNP Paribas, le développement de vos compétences est essentiel, pour vous comme pour nous. Et cela vous servira pour toute votre vie professionnelle.

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