Position Purpose
Within the RISK Function, RISK MFI CCR’s main responsibility is the risk management oversight and control of credit and counterparty risks within the remit of RISK MFI’s authority for all activities within the Bank.
RISK MFI CCR CREDIT, as part of the Bank’s second line of defence (LOD2), is responsible for managing the credit decision process and evolution of the counterparty and credit risks on the Institutional clients (excluding hedge funds). The team comprises of Credit Officers (COs) and Senior Credit Officers (SCOs), who exercise the credit delegation alongside with FIC/business lines delegation holders. The RISK MFI CCR CREDIT GREATER CHINA team covers institutional groups (excl. hedge funds) of Greater China.
*MFI: market and financial institutions; CCR: credit and counterparty risk
Responsibilities
Direct Responsibilities:
-Act as expert and credit delegation holder within the scope of a defined portfolio of counterparties (Greater China).
-As part of its second line of defence role, perform an independent review of the credit file submitted to credit decision, based on the documents provided by the credit analyst as well as any alternative source of available information.
-Represent RISK in credit committees; Approve credit review/requests (incl. annual review, adhoc request, limit excess, etc.) within the granted delegation and within the Bank’s risk appetite framework; Refer to higher delegation holder when required.
-Adapt to one RISK voice through internal RISK discussion and be ready to deliver the RISK message to the business with confidence, able to elaborate and explain the RISK justification.
-Prepare minutes of credit committees
-Ensure high quality and concise risk assessment with transparent decisions and escalate with clear recommendations to Head. Ensure key issues and deals are escalated to line manager.
-Monitor and manage the portfolio evolution, jointly with CCR counterparty risk team and LOD1 (incl. business lines, Coverage, Credit Analyst), ensuring prompt review and/or credit action (incl. watch-listing) upon signs of rising CCRs.
-Close collaboration with other RISK expert teams for risk analysis, incl. counterparty credit risks, collateral risks, new products/activities, as well as to integrate risk assessments in the broader sense of holistic risk management within RISK APAC.
-Ensure department compliance with regulatory requirements and internal guidelines, escalating if needed
-Attend due diligence meetings with RM Pilot and the credit analysts on counterparties when required.
-Be familiar with Bank’s credit policies and procedures; Support the diffusion of risk awareness, disseminate the risk and rating policies of the Bank into the Coverage; Guarantee the application of Bank’s procedures and policies and the consistency of Bank’s ratings.
-Be familiar with legal document and key credit terms, leveraging which for the credit and counterparty risk management.
Contributing Responsibilities:
-Share risk expertise, knowledge, best practices through relevant risk forums and regular interactions with stakeholders. Communicate and explain market intelligence, external and internal analysis, conclusions and decisions taken by RISK and other forums in which they participate.
-Contribute to the definition of the Bank’s ratings and credit policies in liaison with other RISK Functions and business teams.
-Contribute to the development and update of policies, reports and risk tools
-Contribute to Credit Process optimization and fluidity, forums, projects (transformation, regulations, IT, etc.) with RISK streams and other departments
Permanent Control Aspects:
-Direct contribution to BNPP operational permanent control framework.
-Contribute to the implementation of operational permanent control policies and procedures in day-to-day business activities, such as Control Plan
-Comply with regulatory requirements and internal guidelines
-Contribute to the reporting of all incidents according to the Incident Management System
-Ensure audit recommendations are implemented within the specific timeline.
Technical & Behavioral Competencies:
-Solid knowledge on the credit and counterparty risks and capability for sound credit decision-making.
-Solid knowledge and understanding of banking and financial markets and Corporate Banking and Capital Markets products.
-Critical thinking and Strong communication skills with ability to influence (verbal and written)
-Adaptability and proactivity, Self-driven and organized
-Proficiency in both written as well as spoken English and Chinese/Mandarin
-Advanced user of Microsoft Office (incl. Word, Excel, PowerPoint)
-Team spirit
Specific Qualifications (if required):
-Degree holder in business or related disciplines
-A least 8-10 years working experience in related credit topics
As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.
We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.
•BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
•BNP Paribas MixCity which fosters better representation of women at all levels of the organization
•Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
•BNP Paribas CulturAll which celebrates diverse backgrounds
BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.
https://careers.apac.bnpparibas/
Award Obtained
BNPP has won Top employer Europe award in a 10th consecutive year.
