The bank for a changing world

Vice President - Counterparty and Financing Risk Analyst


Standard / Permanent


US-NY-New York

Job function




Business Overview:
In many respects, Banking & Insurance are the business of managing Risks. At BNP Paribas, our well-developed Risk management culture is based on a long-term perspective, a committed management, and a strong and independent Risk organization led by Risk Function. Created at the same time as BNP Paribas, Risk Function is today a global function present in five continents and at the forefront of Risk management through best-in-class expertise.
Risk Function is a global, integrated, and independent function. Risk Function’s main missions:
  • Advise the Bank Management on the definition of risk policy;
  • Contribute as a “second pair of eyes” to ensure that risks taken by the Bank are aligned with its policies;
  • Report and Alert Bank Management on the status of risks to which the Bank is exposed.
A deconcentrated organization covering all the Business Lines and encompassing the whole chain of risk-taking.
A Risk framework adapted to each Business:
  • Credit risk    
  • Market & Counterpart risk
  • Liquidity Risk
  • Insurance Risk
Encompassing the whole chain of Risk-taking and monitoring:
  • Risk policy
  • Risk analytics and modelling
  • Risk Anticipation
  • Portfolio analysis: risk concentrations and stress-testing
  • Reporting ; Monitoring
  • Risk Independent validation & Control
  • Counterparty & transaction analysis
A risk organization covering all the business lines:
  • Equity and derivatives; Commodities
  • Counterparty
  • Fixed Income, IRD, CD, FOREX
  • Asset & Liabilities
  • Insurance
From counterparty risk perspective:
  • Analysis, monitoring and reporting of counterparty risk exposures:
  • Understanding the origin of the exposures (specific trades, products);
  • Designing relevant metrics and stress testing, under both internal and regulatory context;
  • Aggregating and monitoring, across products and Business Units market risk sensitivities by counterparty, hence providing a transversal view;
  • Define / validate / monitor the specific risk framework and capital measure for Prime Brokerage activities.

From market and liquidity risk perspective:

  • Market risks limit quantification in line with risk appetite and control thereof;
  • Review and approval transactions from market risk point of view;
  • Define appropriate risk representation of market risk exposures in Risk systems;
  • Monitor daily funding limit in accordance to the group risk appetite.

  • Master in Math / Quantitative Finance / Engineering / Economics
  • Minimum 2 years in financial market
  • Understanding counterparty/liquidity risk originated from derivatives and securities financing transactions (Repo, Security lending and Prime Brokerage);
  • Understanding quantitative risk measures and related modeling / methodology;
  • Knowledge of regulatory rules and impacts on the counterparty/liquidity space.
  • English mandatory
  • Strong quantitative skills (Math, VBA/Excel), communication skills (being able to summarize and communicate efficiently);
    FINRA Registrations Required: 
    Not Applicable