Operational Risk Specialist - Algorithmic Trading, Global Markets

About the job

• Within the Corporate & Institutional Banking (CIB) business, RISK ORM CIB Global Markets (GM) is the 2nd Line of Defence in terms of operational risks related to Global Markets activities
• Globally, the team is represented in the Asia-Pacific, Americas and Europe, Middle East and Africa (EMEA) regions. In EMEA, the team is split across Paris, London, Lisbon and Porto
• Algorithmic trading has a high level of inherent risks ranging from technical defects causing financial losses to non-adherence to rules and regulations causing actions by regulators
• The “Operational Risk Specialist - Algorithmic Trading, GM” will manage all operational risk related aspects of algorithmic trading in all of the Global Markets business lines, across all products and processes to ensure that risks are adequately mitigated

Your Main Activities Are

• The Operational Risk Specialist - Algorithmic Trading, GM is responsible for ensuring that risks related to algorithmic trading are adequately mitigated. For this, the Operational Risk Specialist is particularly expected to:
  1. Monitor emerging risks by analysing historical incidents, market developments, new activities, technical developments as well as regulatory requirements
  2. Provide risk opinions in relevant committees, on risk and control self-assessments, new activities and structural and organisational changes
  3. Perform independent testing on processes and controls regarding algorithmic trading
  4. Communicate and liaise with all involved stakeholders, including other operational risk officers, business owners and management
  5. Follow and apply internal rules, policies and guidelines, including the operational risk management framework

Profile and Skills to Success

• Master’s Degree in Economics / Finance / Accounting / Business Management or related
• At least 7 years of experience in Banking and Financial Operations or similar
• At least 5 years of experience in Risk and Controls or similar            
• Advanced level of English, both written and oral
• Knowledge in
  • Global Markets related products and processes
  • IT (technologies and processes)
  • Risk management, especially with regards to operational risks, and the 3 Lines of Defence model
  • Legal and regulatory requirements with regards to algorithmic trading
• Active listening
• Ability to collaborate / teamwork
• Analytical ability
• Communication skills, both written and oral

#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.