DM Rates and Fixed Income Repo - Market risk Analyst

About the job

• The position is a Market Risk analyst role within RISK Market and Financial Institutions (RISK MFI), focusing on Developed Markets (DM) Rates and Fixed Income Repo activities
• RISK MFI provides the Senior Management of the Group, of the RISK Function and of Corporate and Institutional Banking (CIB) with full transparency and dynamic analysis and monitoring of market, counterparty, liquidity risks originated and managed by CIB GM and of credit risks on Financial Institutions to assist them in their risk decision making and monitoring
• The role reports to the Market and Liquidity Risk (MLR) - DM Rates and Fixed Income Repo team (MLR-DM and Repo)
• The Market Risk analyst on DM Rates and Fixed Income Repo articulates the market risk opinion about the trading desk activities to their management. They are the point of contact of the trading desks related to market risk topics. They review and opine on the market risks views form the trading desks. The analyst is key in anticipating and detecting pockets of market risks for the DM Rates and Fixed Income Repo activities. They are also accountable for improvements to the market risk framework impacting their scope
• The MLR-DM and Repo team regularly interacts with all other market risk teams (of which the methodologies, monitoring and validation ones), with trading desks representants, with the quantitative research, the valuation risk teams and with RISK IT
• We are looking for a quantitative profile who’s developed an understanding of the financial market products and their market risk dynamics

Your Main Activities Are

• Understand the valuation, risk and Profit and Loss (P&L) of business line activities in the context of current, past and potential market conditions
• Animate Main Position meetings and other forums with the DM Rates and Fixed Income Repo desks, provide independent risk analysis and opinion, escalation of risk topics, and challenge to the business view
• Provide accurate and appropriate risk information and opinion to senior management forums. Escalate risk topics to senior management as needed
  
• Perform in-depth, ad hoc analysis, formulating an opinion and escalating as needed, while judging priority, on all market risk topics affecting the business line
• Analyse the risks with the tools available and drive the improvements of those tools
• Develop and adapt Stress Tests to the trading desks positioning and their market environment
• Review and opine on the market risk of exceptional transactions

Profile and Skills to Success

• Master’s Degree in Finance / Applied Mathematics / Science / Engineering or related
• Up to 5 years of experience in Market Risk / Counterparty Risk or similar
• Advanced level of English, both written and oral
• Knowledge in Derivatives and their risk management and Python
• Excellent analytical capabilities
• Ability to ensure the precision, accuracy and thoroughness of the information manipulated or delivered
• Ability to synthetize information from diverse sources
• Motivation to collaborate and share ideas and knowledge with team members
• Understands clients’ needs and values constructive and positive feedback
• Ability to manage time, to plan, structure, prioritize and coordinate activities and resources effectively to reach objectives
• Active in suggesting ideas and improvements and demonstrating curiosity

#LI-Hybrid 

Why joining BNP Paribas? 

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:

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.

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.

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. 

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.