The bank for a changing world

We are looking for

Market Risk Analyst

Apply REF: 1902RSK2187
BNP Paribas is a leading European bank with an international reach. It has a presence in 73 countries, with more than 192,000 employees – including more than 146,000 in Europe and over 4,000 in Portugal alone.
BNP Paribas is present in Portugal since 1985, having been one of the first foreign banks to operate in the country. Today, BNP Paribas has several entities operating directly in this territory, offering a wide range of integrated financial solutions to support its clients and their businesses.
Worldwide, the Group has key positions in its three main activities: Domestic Markets and 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. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
 

DEPARTMENT OVERVIEW

Market Risk Monitoring and Controls is the RISK Global Markets market risk monitoring and analysis team. It interacts with various Front-Offices and Market Risk managers on a daily basis. All team members take an important responsibility in the production and analysis of strategic data for decision-making. The team covers all securities and derivatives from vanilla to exotics across all asset classes including Equities, Commodities, Interest Rate, Foreign Exchange, Emerging Markets and Credit trading desks.

RISK is a fully independent function whose mission is to advise the bank’s top management on risk appetite, to provide fast and reliable information about the risk profile to report, to offer high quality risk management expertise to the group’s stakeholders as well as to foster risk anticipation

We are looking to recruit individuals who are technically competent to embrace the depth of products encountered in the capital markets today from a technical market risk analysis perspective, who champion diversity with an open mind-set, who are receptive and proactive to change and comfortable to fit into a fast pace working environment.

Newcomers to the team will stand to steepen their learning curve at a challenging pace by working with practitioners from across a diverse range of disciplines and backgrounds in order to master the discipline of market risk management with a uniquely entrepreneurial and cross-asset point of view.

 
 

ROLE AND RESPONSIBILITIES

 

The successful candidate will take responsibility in 3 areas that cover monitoring & reporting, analysis, and tool and dashboard developments.


Monitoring & Reporting:

  • Support and take ownership of the monitoring of trading books market risk metrics for Europe notably:

    • Basel 2.5 metrics as Var, sVar and IRC.

    • Main sensitivities Controlled and Monitored by Market Risk

    • Stress Test results.

    • French Banking Law and Volcker rule metrics

    • FRTB metrics as Standard Approach, NMRF and P&L Attribution

    • Generally all P&L Explain related metrics.

  • Monitoring and resolving of any data integrity issues identified in the risk tracking system.


Analysis:

  • Providing on a regular or ad-hoc basis, various analysis on the causes of the variations of different metrics to benefit Market Risk Managers.


Tool and Dashboard Developments

  • Participating with the team to the development of dynamic dashboards and tools that allows the monitoring or analysis to be further centralised, automated and digitalised.

  • Participate to the development of controls on those metrics.

  • Improvement of existing monitoring tools and integration into a global toolbox of monitoring tools.


 ROLE COMPETENCIES

  • Strong verbal and written communication skills,

  • Motivation and ability to work collaboratively as part of a global team,

  • Capacity for critical thinking & express good judgement and a sense of responsibility

  • Ability to learn quickly and being results driven

  • High degree of work ethics and exemplary conduct

  • English fluency

PROFILE

  • A minimum of a Master’s degree in Engineering, Financial Engineering, Finance, Maths, Sciences, Economics, Econometrics, Computation Sciences or related discipline,
  • Experience in MS Office tools as well as an interest in developing practical solutions to data analysis problems. Basic to Advanced knowledge of computing programming languages (Python or R for instance) is an advantage,
  • One or several experiences in another financial market position is an advantage but not a pre-requisite
  • Some familiarity with financial products is an advantage (bond pricing, basic concepts of option pricing and sensitivities) and is preferred,
  • Exposure to banking regulation issues is a definite advantage but not a requirement for candidates 


What this position represents for you:

  • A truly diversified role where you can develop a variety of transferable skills, under the constant coaching of experienced risk managers.
  • Joining a highly ambitious team of young talents that is expanding.

  • The opportunity to develop a detailed understanding of the Bank’s products and activities (Capital Markets, Financing activities, ..), both from a conceptual and from a practical viewpoint

  • The prospect of interacting with a large number of people in all areas and at all levels of BNP Paribas worldwide.

  • The opportunity to consolidate your computing experiences in data management.

    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, 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.

    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-LisbonJob Type: Standard / PermanentJob: RISKSEducation Level: Master Degree or equivalent (> 4 years)Experience Level: Not IndicatedSchedule: Full-time Behavioural competency: Ability to synthetize / simplifyTransversal competency: Ability to anticipate business / strategic evolution