About the job
- The mission of RISK MFI Capital and Resources is to ensure the coordination, reliability, and regulatory compliance of capital production across market, counterparty, and settlement risks for the BNP Paribas Group. The team is responsible for the official calculation, analysis, explanation, and reporting of Risk-Weighted Assets (RWA) related to these risk categories
- In addition to capital reporting, the team oversees the delivery of forecasts, simulations, and responses to evolving regulatory requirements
- RISK MFI Capital and Resources also plays a central role in ensuring that both current (Basel III) and upcoming (Basel IV, FRTB) capital methodologies are consistently implemented across the Group level and guide consistent implementation at Legal Entity levels, across locations and business lines
- As a Market Risk Capital Analyst, you will play a key role in ensuring the accuracy, reliability, and regulatory compliance of capital metrics related to market risk across the BNP Paribas Group. You’ll work at the intersection of risk management and financial regulation, helping drive the transition of FRTB into business-as-usual processes while contributing to the ongoing production, analysis, and forecasting of capital figures under Basel III/IV frameworks
- This role offers a unique opportunity to gain broad exposure to global markets, regulatory frameworks, and strategic risk oversight, within a collaborative and technical environment
Your Main Activities Are
- Lead the transition of the FRTB (Fundamental Review of the Trading Book) framework to day-to-day operations (BAU). Oversee production of capital figures under FRTB, covering both Standardised (SA) and Internal Model (IMA) approaches
- Quantitative Impact Study (QIS) and pre-Production: Manage/coordinate the contribution to the QIS exercises and the pre-production taskforce to deliver accurate and timely Capital figures under FRTB framework
- Analysis & Reporting framework: Contribute to the setup of dedicated dashboards/reports and contribute to the development and implementation of a proper analysis framework of FRTB metrics, allowing to provide clear analysis and commentary to key stakeholders
- Capital Production Oversight: Supervise the official market risk capital production process and contribute to the analysis of VaR, SVaR, and IRC dynamics
- Lead the contribution to the bi-monthly Financial Market Risk Committee (FMRC) and support the production of ad-hoc reports for the Board and to Group, Businesses and RISK Management, as well as requests from ratings agencies, regulators, and auditors
- Controls & Governance: Establish robust production processes and data controls. Ensure that internal procedures, methodologies, and control plans are up to date and in line with governance standards
- Serve as a point of contact for market risk capital topics with Business, Risk and Finance
Profile and Skills to Success
- Postgraduate degree in Mathematics / Finance / Engineering or related
- Up to 3 years of experience in Risk and Controls / Data Analytics, ideally with exposure to regulatory capital frameworks
- Advanced level of English, both written and oral
- Knowledge in Python
- Attention to detail / rigor
- Analytical ability
- Communication skills, both written and oral
- Client focused
- Critical thinking
- Proactivity
#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.
