About the job
Stress Testing & Financial Simulations (STFS) is a team of quantitative analysts and data scientists responsible for designing and running the BNP Paribas’ Stress Testing and Extended Planning capabilities aimed at strengthening the Bank’s strategic steering tools and meeting regulatory requirements.
STFS is a joint-venture between RISK, Finance & Strategy and ALMT.
STFS is composed locally of three sub-teams:
- STMM (Stress Testing Methodologies and Models) is responsible for the S/T models and methodologies for all major drivers impacting P&L, liquidity, and capital planning globally for the Bank
- STDA (Stress Testing Data Analytics) is responsible for the Credit S/T starting point construction, providing STFS with the data necessary for modelling activities and S/T exercises.
- Stress Testing Transversal Projects is responsible for supporting STFS on IT, project management, budget, communication and OPC, coordinating with RISK, Finance & Strategy or ALMT dedicated teams.
Within a dynamic team, in a constantly evolving environment, you will be involved in key projects for the organization. These projects will always have a strong functional component that will be conducted in an agile spirit with STFS experts distributed across several locations (Portugal, France, Belgium and Canada).
Your Main Activities Are
As a Supervisor you will be part of the extension of the team to a new location which will undertake projects to build risk prediction models. Your main responsibilities will be:
- Supervise, coordinate and validate a set of analysis /deliveries, in closed relation with the analysts, RISK practitioners and business.
- Monitor a robust permanent control framework to deliver in a timely manner, reliable and consistent analysis.
- Contribute to the design, development and support of methodologies and models for stress testing and internal capital computation. This encompasses (among others):
· Development and Maintenance of the models
· Recalibration of the models
· Monitoring/Backtesting
Profile and Skills to Success
- Strong academic background in a quantitative field such as mathematics, economics, finance, statistics, engineering and others.
- Prior experience in IFRS9, stress testing methodologies and capital computation and/or scoring
- Expertise in modeling credit risk parameters (PD, LGD, EAD)
- First experience in Artificial intelligence will be an advantage
- Preferable experience in management or coordination and on Risk Management principles
- Ability to work with tight deadlines and multidisciplinary teams
- Be a team player
- Analytical skills
- Reliability and sense of precision
- Good communication skills, both written and verbal
- Languages: English
#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.
