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Counterparty Risk Modelling Trainee

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Job type
Trainee / Internship
Schedule
Full time
Job Function
Digital transformation and data
Brand
BNP Paribas Corporate & Institutional Banking
Study level
Master Degree or equivalent (> 4 years)
Location
Lisbon, Lisbon, Portugal
Sorry, this position is already filled
Last update 18.12.2024
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About the job

  • The position is a counterparty risk exposure analysis intern role in the Counterparty Risk Exposure Modelling team within RISK Market & Financial Institutions (“RISK MFI”)
  • 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 in order to assist them in their risk decision making and monitoring
  • The RISK MFI Counterparty Risk Exposure Modelling team is dedicated to the production, control, reporting, and analysis of Internal and regulatory counterparty risk metrics
  • The role is based in Lisbon or Porto

Your Main Activities Are

  • Analysis and monitoring of core metrics of counterparty risk across all asset classes and derivatives
  • Coordination with different teams (Market Risk, RISK Systems, etc.) to ensure continuous production and data quality
    • Regular interaction with the Front Office trading desk and Credit Officer to explain the Counterparty Risk metrics and their evolutions
    • Contribution to the definition of counterparty risk limits, during the calibration of limits at the time of credit committees
    • Support for the analysis of excess counterparty risk and the simulation of complex transaction
    • Contribution to various analysis of changes in pricing models and recalibration of model parameters
    • Contribution to the continuous improvement of the tools used within the team

Profile and Skills to Success

  • Master Degree in Finance / Applied or Fundamental Mathematics / Science / Engineering or related
  • Advanced level of English, both written and oral
  • Knowledge in
    • Programming Tools (Python)
    • Finance and Derivatives
  • Attention to detail / rigor
  • Active listening
  • Ability to collaborate / teamwork
  • Analytical ability
  • Communication skills, both written and oral
  • Creativity and innovation / problem solving
  • Client focused
  • Critical thinking
  • Decision making
  • Proactivity

 #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.



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Why should I apply?

Basically, why would you want to join BNP Paribas over any other company?

BECAUSE YOU'RE THE KIND OF PERSON WHO WANTS...

  • What if we told you that working in our Group isn’t quite what you might think? At BNP Paribas, we do a multitude of different jobs that are constantly evolving to meet the expectations of our clients and society as a whole. Whether through everyday tasks or major projects, doing one of our jobs means making a personal commitment to taking sustainable action.

  • Feeling good about your job means bringing your whole self to work and being who you are. It’s also about having the resources you need to achieve a healthy work-life balance. Both of these are major commitments at BNP Paribas.

  • At BNP Paribas, developing your skills is as important to us as it is to you. And the skills you learn with us will help you through the rest of your working life.

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