Quantitative Models Analyst Trainee
Quantitative Models Analyst Trainee
Reference1234567890100120897
- Internship
- PT-Lisboa-Lisboa
- FINANCIAL AND TECHNICAL EXPERTISE
About the job
- As a CCP Quantitative Models Analyst Trainee, you will evaluate the risk models used by Central Clearing Counterparties (CCPs) to ensure market stability. You will identify risk factors for Spot/ Futures/ Forwards / Options / Swaps, among many others, compute margin levels using VaR models, and build internal tools to assess market safeguards. This role offers high visibility through direct interaction with CCPs, market forums, and diverse internal stakeholders
Your Main Activities Are
- Monitor and control risk-facing margin algorithms put in place by CCPs, considering its hypotheses, suitability, calibration and performance
- Understand risk drivers for margin models and their interactions with portfolios and market parameters
- Implement risk models built by CCPs by means of available information, quantifying errors and their impact
- Timely delivery of a quantitative assessment on the robustness of the margin models to help Credit Analysts form a holistic opinion regarding the market infrastructure entity and its suitability for BNPP exposure levels
- Present quantitative assessment at the relevant credit committees that contribute to decisions on the market infrastructure entity
- Ability to work independently and diligently
- Continuously monitor the portfolio of counterparties under own responsibility, jointly with Credit Analysts, and detect any quantitative issues that may require a specific review
- Drive the necessary changes to work towards a more robust risk management platform in the market
- Ensure that the counterparty data management is conducted well, namely on-boarding, collection of documents, and commensurate limits update
Profile and Skills to Success
- Master’s Degree in Quantitative Finance, Mathematics, Engineering, Statistics or Physics Fluency in English
- Strong and proven analytical skills.
- Rigorous and reliable.
- Ability to organize and prioritize high volume workloads.
- Strong presentation and communication skills (verbal and written).
- Advanced knowledge of Microsoft Office (Word, Excel, PowerPoint).
- Python Programming Skills
About the Team
- Global Markets, the capital markets division of BNP Paribas’ Corporate & Institutional Banking, is a powerhouse delivering top-tier solutions across asset classes. Our Portugal Platform (Porto and Lisbon) stands as a major European HUB and a unique player in the country, boasting a wide range of Front Office roles and services – Trading, Sales, Research, Structuring, Quants & Engineering, Business Dev and Support, Marketing & Client Support, Risk Management, Data Analytics and Machine Learning. With rapid growth and ambitions to make a global impact, we offer numerous short and long-term opportunities
- Get a glimpse into our world- Check out our Global Markets Portugal webpage
#LI-Hybrid
Why joining BNP Paribas?
BNP Paribas, the European leader in banking and financial services in Europe, operates in 64 countries and has nearly 180,000 employees. The Group is structured around three operating divisions. Its business lines cooperate closely, as part of our integrated model, to meet the needs of all our clients in a coordinated manner:
- Corporate & Institutional Banking (CIB), connects corporate clients needing financing and institutional clients looking for investment opportunities;
- Commercial, Personal Banking & Services (CPBS), brings together all the Group’s commercial & personal banking and several specialised businesses;
- Investment & Protection Services (IPS), combines a unique continuum of products and services across protection, saving, investment and real-estate.
Our presence in Portugal
In Portugal since 1985, BNP Paribas today has more than 9.700 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.
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.