About the job
- The position is a Counterparty Risk Senior
Analyst role 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 Counterparty Risk Senior analyst main
missions are related to analysing electronic trading generated risks,
analysing the variation of Stress Test metrics on specific trading
portfolio or counterparties, deep diving on specific market risk metrics,
reviewing the relevance or the calibration of some limits, investigating
and solving with stakeholders the root causes of limit excesses. The senior
analyst regularly reports about the metrics they investigate
- We are looking for a profile with proven market
risk experience who can rapidly understand new market or counterparty risk
concepts and metrics, provide quantitative or statistical analysis about a
certain scope, formulating their conclusions in an easy-to-read format
- The role requires agility to regularly onboard
oneself onto new topics to support the analysis or monitoring conducted by
other team members
- The candidate needs to be comfortable working in
“project mode” and very regularly iterating improvements in their analysis
Your Main Activities Are
- Regularly evaluate the performance of the
Counterparty Risk pricers and methodologies and propose improvements.
- Analyse the impact of Counterparty Risk
methodologies on counterparty risk metrics.
- Continuously develop and improve a critical
opinion about the data set used in the metrics under investigations and
their methodologies, highlight key data quality issues.
- Prepare committees related to counterparty risk
pricers and prevent investigations outcome to the relevant counterparty
risk managers.
- Lead small projects to improve the efficiency and
reliability of the team processes or developing alternative way to
interpret the metrics and data sets used by the team.
- Maintain documentation of the methodology used to
adjust Counterparty Risk Metrics.
- Run the production of Counterparty Risk
regulatory capital.
- Support client-facing teams when simulating the
impact of new transactions on existing counterparty risk exposures notably
for more complex transactions.
- Maintain regular interactions with Counterparty
Risk Managers in both the RISK function and Global Markets, with
methodology owners and counterparty risk monitoring teams.
- Answer ad-hoc requests from supervisors related
to counterparty risk exposure and own specific reporting to such
supervisors.
Profile and Skills to Success
- Master’s degree in Finance, Applied Mathematics,
Science or Engineering
- 4 to 7 years of working experience in Market risk
or Counterparty risk
- Good knowledge of Financial & Risk management
concepts as well as derivatives products
- Ability to gather, prioritize and integrate large
amounts of information, to process and simplify it
- Ability to systematically produce relevant
analysis with accurate, precise, and verified information
- Ability to act in advance of a future situation,
to take control and initiatives to implement relevant actions in the short
and long term.
- Able to identify solutions to overcome obstacles
and drive results to conclusion working autonomously and implementing work
processes, ideas, and solutions with tenacity.
- Effectively deliver complex oral and written
messages in a clear, structured, accurate and concise manner, based on
facts
- Value and integrate client's feedback to improve
products, services, and processes
#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:
- , a division
that brings together all of the Group’s retail activities and specialised
business lines;
- that
include specialised businesses offering a wide range of savings, investment and
protection services;
- 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.
