BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.
BNP Paribas Corporate and Institutional Banking is a globally recognised leader offering capital markets, securities services, financing, treasury and advisory solutions.
RISK Institutionals & 2S (RISK I2S) is a field of the RISK function, responsible for the credit and counterparty risk of financial institution clients including banks, insurance companies, sovereigns, investment funds, management companies, pension funds and clearing houses.
We are a team of about 15 people with different profiles and experiences, spread between Paris and London, in charge of a geographical area covering a large part of Europe, Middle East and Africa. You will be based in London. The RISK I2S Credit team works in Flex-Office mode.
You will progress in a dynamic and international context and will tackle complex and diverse problematics.
RISK I2S Credit teams are also present in New York and Asia. You will be in contact with these teams to share on international financial groups, their strategies, and their global presence.
The RISK I2S credit team is a central point in the risk decision process, with high visibility and responsibility. You will work closely with the Coverage and Credit analysis teams (FIC ICAT) on the counterparties under your delegation.
Within the RISK Function, the RISK I2S Credit teams are responsible for conducting the credit decision process and monitoring the credit risk on the Bank's institutional clients (banks, insurance companies, investment funds and management companies, Market Infrastructures and other financial institutions).
You will have the expert responsibility for your area (mainly regulated Funds / Financial institutions) and for exercising your credit delegation on a portfolio of counterparties. You will co-chair with the Coverage or Business Lines representatives the Annual Reviews and Ad-Hoc Committees within the framework of their delegation letter. You will also contribute to the effective monitoring of your portfolio and reporting into various governance committees and contribute to some broader projects.
You will work in collaboration with FIC's credit teams to ensure the quality of credit recommendations, as well as compliance with rating policies, credit limits and contractual credit terms. You will also be able to leverage on the knowledge and experience of other London based Credit Officers and RISK teams.
This position is an opportunity to build a strong experience in the credit and counterparty risk decision process within the Funds area and be at the heart of the BNP Paribas Group strategy.
It will allow you to acquire an extensive knowledge of credit and counterparty risk assessment and management, as well as of Global Markets activities and products, and of international financial markets.
Through the central positioning of the team and its numerous links, you will develop your network both within the RISK function and the group's Business Lines, Coverage and Clients.
- Guarantee the quality and timeliness of credit decision based on the credit analysis provided by FIC Credit analysts teams on files that fall within your delegation scope.
- Guarantee the application of Bank’s procedures and policies and the consistency of Bank’s ratings.
Skills & Experience Required
- Risk knowledge and awareness: risk analysis, anticipation, capacity to decide/give a risk-related opinion
- Transversal financial markets
- Investment banking and insurance knowledge
- Ability to communicate (oral and written)
- Critical thinking and analytical skills
- Ability to collaborate/teamwork
- Ability to analyse
- Ability to anticipate business/strategic evolutions
- Ability to develop and leverage networks
- Ability to understand, explain and support change
- Pack MS Office Microsoft EXCEL and WORD
- Risk management tools
- English (fluent)
- French (fluent)
BNP Paribas promotes equality of opportunity and is 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, race, religion or belief, sex or sexual orientation.
As an employee with BNP Paribas London Branch, we want to make sure that you are rewarded for your commitment. As such, you will be entitled to our award winning benefits package which includes a generous holiday allowance of at least 34 days (including bank holidays), a non-contributory pension of 12%, private healthcare, GP service and dental cover all as standard, along with a number of personal insurances such as income protection, life assurance and personal accident insurance. We believe in ensuring all our employees have a positive work life balance so in addition you will also have access to a variety of flexible lifestyle benefits such as cycle to work and green car leasing schemes, season ticket loans and reduced cinema and gym membership to name a few.