Market Risk Senior Analyst – FX & Derivatives
Market Risk Senior Analyst – FX & Derivatives
Reference111111111111358
- Permanent
- PT-Lisboa-Lisbon
- FINANCIAL AND TECHNICAL EXPERTISE
About the job
- Responsibilities include setting up and running quantitative risk controls on FX and derivatives, focusing on market risk and its consequences for the client and bank’s books, on potential credit exposure and commercial relationships
- Additionally, the Market Risk Manager is responsible for ensuring the data quality of the metrics produced to monitor such risks and to participate to the continuous improvements of the monitoring, analysis and reporting framework of such metrics
- Depending on business pipeline the Market Risk Manager will also be involved on developing the range of FX products offered to clients and improve related processes front-to-back
Your Main Activities Are
- Main contact point within the Investment Services (IS) department on forex spot/forwards, complex derivatives, money market in coordination with Financing Solutions and Relationship Managers (RMs)
- Monitor and report market metrics, key sensitivities and stress tests
- Analyse, review, report and escalate breaches of market risk limits and investigate limit excess events in accordance with the relevant limit procedures
- Main contact point on the tool MarginMan especially vis a vis RISK for market risk and model risk in close coordination with Forex Execution & Advisory Desk and Financing Solutions as well as RMs
- Running controls developed in Python as requested by RISK (PV, stressed PV)
- Participation and contribution to the quarterly committee following derivatives
- Participate to WITT project on money market, FX and derivatives in coordination with Product Owners, and potential upcoming transformation and other types of projects that have or will have an impact on this product range as well as its respective setup
Profile and Skills to Success
- Master’s Degree in Economics, Finance and Accounting
- At least 5 years of Experience in Banking and Financial Operations, Derivatives, Market Risk, Data Analytics
- Knowledge of Financial Markets – Forex
- Knowledge of Market Risk
- Knowledge in Visual Basic, Python and SQL
- Proficiency in Microsoft Office Pack (Excel)
- Fluency in English
- Ability to share/pass on knowledge
- Communication skills
- Attention to detail/rigor
- Analytical Ability
#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
- International reach
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
- 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
- Our presence in Portugal
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.