Prime Brokerage Senior Risk Manager - Global Markets – Global Equities

• Through our Global Equities and Prime Services franchise, BNP Paribas is committed to serving clients with a full suite of investor services, from trading to financing, clearing and custody. Prime Brokerage (PB) Risk within Prime Services is responsible for managing exposures from financing activities, direct negotiations with clients on margin terms, design of new margin and stress methodologies, exposure reporting to senior management, and engaging with RISK (2nd line of defense) Department on client-specific deal approvals
• Within Prime Services, our Risk Management team plays a critical role in managing portfolio risk and determining the amount of leverage we can offer clients. We work closely with other areas within the business, including sales, securities lending, and client management, as well as with transversal teams such as Credit Risk Management and Exposure Management Group. Our team in Lisbon provides critical support to the desk in managing client financing risk for the business

• Managing and training the team in Lisbon, while ensuring that they work as desk extension of the NYC team.
• Daily client portfolio exposure management and report major swings, escalating concerns to management
• Validating daily margin calls and reviewing client requests for collateral movements
• Assist in developing margin and pricing proposals for new and existing clients;
• Manage and execute ad hoc projects for the desks.
• Client communications (client specific financing solutions, explaining margin methodology)
• Development and back-testing of margin methodologies
• Liaising with and directing IT on implementation of margin methodologies
• Designing and implementing client-friendly and internal margin reports
• Designing risk monitoring framework
• Working with IT to enhance front office risk system applications
• Reporting of significant risk exposures to senior management

• Graduate degree in mathematics or engineering with strong analytical skills. Knowledge of finance(preferred);
• 6 years minimum exposure to financial markets and risk analytics
• Experience in team management 
• Fluency in English is mandatory (only applications in English will be considered)
• Late Shift - From 14h to 23h- Willingness to work flexible/ late hours, i.e., New York based schedule;
• Excellent communication skills and initiative to engage with teams spread across regions;
• Confident and able to deal with senior managers & cross cultural teams;
• Ability and agility to work under pressure;
• Understanding of various risk concepts (VaR, liquidity, concentration, risk exposures of different asset classes including derivatives)
• Experience with risk systems
• Team Player
• Working experience with programming languages 
• Attention to detail

• Global Markets is BNP Paribas’ capital markets business within Corporate & Institutional Banking (CIB), delivering solutions across asset classes, and industry-leading services for clients including Institutional, corporate, private banks and retail distribution networks. Our Portugal Platform (Porto and Lisbon) is a major HUB in Europe and certainly unique in the country by its size and its scope of activity, with all Front Office roles present (Trading, Sales, Research, Structuring, Quant & Engineering, Business Dev and Support, Marketing & Client Support, Risk Management, Data Analytics and Machine Learning…). We are growing fast with the ambition to become even more relevant for the worldwide activity, which presents many short and long-term opportunities.
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Why joining BNP Paribas? 

BNP Paribas, the European leader in banking and financial services in Europe, operates in 64 countries and has nearly 180,000 employees. The Group is structured around three operating divisions. Its business lines cooperate closely, as part of our integrated model, to meet the needs of all our clients in a coordinated manner:

Our presence in Portugal

In Portugal since 1985, BNP Paribas today has more than 9.700 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.

Diversity and Inclusion Commitment

BNP Paribas´ ambition is to cultivate an open and responsive environment for all that encourages collaboration and interaction. We demonstrate our commitment by actively contributing to the Group’s Diversity and Inclusion strategy and goals, in line with the United Nations Sustainable Development Goals. As part of our local Corporate and Social Responsibility - Diversity & Inclusion strategy, BNP Paribas Portugal is committed to:

To foster the effort of BNP Paribas Portugal, multiple initiatives and events take place throughout the year where our people can find out more on the importance of diversity inclusion at the workplace and in our society.

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 options adapted to our hybrid working environment. To ensure a comfortable and efficient working setup, eligible employees are provided with both office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional items at reduced prices. 

Commitment towards work/life balance

Supporting employees in a hybrid way of working while providing them with the means to maintain a work-life balance is an essential dimension of our Smart Working program. At BNP Paribas, we care about our employees’ wellbeing and promote a culture of good integration between work and personal life. 

To find out more on why you should join BNP Paribas please read our Employee Value Proposition and our Career path page.

* 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.