About the job
- Within RISK, the Global Practice RISK IRC is in charge of the independent review of the credit, market, counterparty, insurance and operational risks as well as the RISK ORC function of RISK. Risk Independent Review (RISK IR) is the team responsible for the independent review of the risk measurement systems for the risks covered by RISK IRC. These reviews can take different forms (ex-ante / ex-post, driven by a regulatory objective or not, methodology / implementation) and are more or less exhaustive according to the subjects treated. Within RISK IRC, the team Framework, Processes & Systems (FPS) is in charge of, among other things, the review of all the BNP Paribas Group's processes and information systems (central and local) contributing to the measurement of credit, market or counterparty risks. The topics covered are as follows: data supporting the modelling and run of credit risk models (e.g. PD, LGD and EAD), market (VaR, IRC) and counterparty (EEPE); systems and processes dedicated to the production of the risk indicators and the computation of the Risk weighted assets; internal and regulatory reporting: collection of risk data and production of reports, local and central processing during the reporting process; Reconciliation of accounting and risk data locally and centrally; good application of the regulatory definitions and internal standards; use of the internal rating systems; governance and risk management.
Your Main Activities Are
- Guarantee applicability of regulatory standards, internal procedures, internal systems and compliance
- Performing review and analysis works, assessing risks for all types of risk measurement systems on the reviewed perimeter
- Issuing reports and proposing action plans or recommendations to the concerned RISK departments and beyond
- Performing in-depth independent reviews, in accordance with the following points: doing independent reviews of the risk measurement systems of the BNP Paribas group (any country); producing analyses related to the laws, regulations, procedures and existing practices; controlling the quality of the monitoring systems of the main risk families
- Writing reports and proposing action plans: writing final reports; presenting the objectives of the review and its conclusions to the management; proposing remediation plans on the specific areas where weaknesses have been identified
- Controlling recommendations and justifications supporting their closure
- Comply with the Permanent Control Framework, defined within the team, and in accordance with the Group Procedures
- Assists management in planning the specific audit plan for the analysis works to be performed
- Lead the analysis works and advises and coaches other team members during the course of the reviews
- Coach and train other team members, sharing the accumulated experience and knowledge as a specialist
- Reviews other team members' deliverables, assisting management in preparing high quality reports
Profile and Skills to Success
- Bachelor's Degree Engineering / Mathematics or related
- At least 3 years of experience in Banking / Audit and/or Consultancy
- Advanced level of English, both written and oral
- Knowledge in: Banking Prudential Regulation, SAS and/or SQL; Python and/or R
- Ability to deliver / results driven
- Ability to synthetise / simplify
- Analytical ability
- Creativity and innovation / problem solving
- Client focused
#LI-Hybrid
Why joining BNP Paribas?
- Leading banking institution
Leading player in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe
The Group holds key positions in several areas of banking and financial services that are structured around three operating divisions:
- Corporate & Institutional Banking (CIB) connects companies needing financing and institutional clients looking for investment opportunities division that offers tailored financial solutions for corporate and institutional clients
- Commercial, Personal Banking & Services (CPBS) brings together all our commercial banks and several specialised businesses heard
- Investment & Protection Services (IPS) combines a unique continuum of products and services across protection, saving, investment and real estate including specialised businesses offering a wide range of savings, investment and protection services
In Portugal since 1985, BNP Paribas today has more than 9.220 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 centres of expertise 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:
- Promote a fair and unbiased recruitment process and offer professional development opportunities to all employees
- Celebrate diversity and advocate for inclusion, both externally and internally, encouraging employee’s participation, creating space for different voices to be heard.
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.
