Market & Counterparty Risk Capital Senior Analyst

June 3, 2024

Market & Counterparty Risk Capital Senior Analyst

Reference2405RSK18284

  • Standard / Permanent
  • PT-13-Porto
  • FINANCIAL AND TECHNICAL EXPERTISE
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About the job

The mission of RISK Market & Financial Institutions (“RISK MFI”) is to provide the Senior Management of the Group, of the RISK Function and of Global Markets (“GM”) and of BP2S with full transparency and dynamic analysis and monitoring of market, counterparty, valuation and liquidity risks originated and managed by CIB and of credit risks on Financial Institutions in order to assist them in their risk decision making and monitoring.

About the team

RISK MFI Management Information (MI) – Capital and Resources ensures the coordination, reliability and compliance of regulatory and internal capital production for market, counterparty and settlement risks for the BNPP Group, as well as additional related thematically-linked deliverables.                                               

The team are ultimately responsible for the official calculation, associated analysis / explanation and reporting of Market, Counterparty and Settlement Risk Weighted Assets (RWA), and additionally for updates of forecasts and simulations delivery, alongside related regulatory demands.

Your Main Activities Are

The senior market risk Capital analyst is primarily in charge of the transition into our risk management monitoring of the metris derived from the Fundament Review of the Trading Book capital framework (FRTB) as well as the supervision of (and contribution to) the production and reliability of the Capital figures for market risk under the current framework.

The analyst contributes in close collaboration with the Paris team to the development and implementation of a proper analysis framework allowing to understand the dynamic of the elementary FRTB charges (Internal Model Approach / Standard Approach) and to the capacity for the team to the report/explain those metrics to Businesses, Group Finance and senior management.

  • Quantiative Impact Studies (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. Contribute to the setup of the production process and associated needed controls. Prepare and maintain supporting procedures and methodologies.
  • New Analysis framework: Contribute to the setup of dedicated dashboards and reports to to deliver the informations to management, businesses and Finance. Contribute to the operational insertion of the new analysis framework with contributions from RISK MFI and Sigma teams to allow adequate monitoring and capacity to understand the dynamic of the FRTB metrics.
  • Production: Supervise the official market risk capital production to ensure accuracy of the figures as well as the the analysis of the Value at Risk and derived metrics.
  • Lead the contribution to the bi-monthly Financial Market Risk Committee (FMRC). Contribute to the production of other relevant / on demand reports to the Board and to Group, Businesses and RISK Management, as well as requests from ratings agencies, regulators and auditors.
  • Contribute to the regulatory reporting of Capital figures, with a dedicated focus on FRTB framework.
  • Contribute to the setup and operational insertion of the FRTB analysis framework. Act as a point of contact with regards to market risk Capital topics.
  • Ensure team’s internal documents (operational procedure, methodological document and control plans) are maintained up to date under the applicable governance.

 The role is ideal for collaborative individuals with technical skills, financial risk interest and attention to detail. The role gives you a holisitic experience of being a risk management professional with capacity to discover and get acquainted of current and future regulations.

Profile and Skills to Success

  • Postgraduate in Mathematics, Finance, Engineering or Similar
  • Experience in Market Risk (3 – 5 years)
  • Regulatory and Financial Reporting (0-2 years)
  • IT Languages Python (Beginner)
  • Fluency in English 
  • Communication Skills – Oral & written
  • Proactivity
  • Attention to detail/rigor
  • Analytical Ability
  • Client focused

#LI-Hybrid

Why joining BNP Paribas?

· Leading banking institution

BNP Paribas is a leader in the Eurozone, and a prominent international banking institution with strong roots in Europe’s banking history. It has a presence in 65 countries, with around 190 000 Employees – including more than 145 000 in Europe.

· Our presence in Portugal

Since 1985, BNP Paribas was one of the first foreign banks to operate in the country. Today, the Group has around 7.100 employees across several entities operating directly in the territory, offering a wide range of integrated financial solutions to support its clients and their businesses.

· 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, 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.