Risk Model and Simulation Analyst

July 1, 2024

Risk Model and Simulation Analyst


  • Permanent
  • PT-Lisbon
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About the job

  • As a Risk Modeling and Simulation Analyst, you will join a dynamic ecosystem of more than 100 teammates responsible for the design and performance over time of the BNP Paribas Group’s credit risk internal models (PD, LGD, LGDD & EAD) while playing a watch tower role regarding regulatory changes
  • Inside this ecosystem, you will be part of the Models Portfolio Management team (15 teammates) responsible for the design and implementation of the 5-year modelling roadmap validated by the Top Management of the bank

Your Main Activities Are

  • Contribute to the Business Case assessment (i.e., cost-benefit analysis) of internal modelling by performing advanced simulations on a large set of data
  • Contribute to the design and validation of the 5-year modelling roadmap
  • Register and analyze the reports sent by the regulators following an Internal Model Investigation (IMI) to understand what is expected
  • Categorize the changes to be brought to models / processes / data
  • Liaise with modelling, back testing and reviewing teams to agree on the actions to be performed
  • Ensure that deadlines fit in a sustainable 5-year modelling roadmap
  • Declare changes timeline to Supervisors
  • Bring elements to the missions’ roadmap validation
  • Report on remediation progress during the regular meetings with Supervisors

Profile and Skills to Success

  • Masters Degree in Finance / Risk / Data Science / Statistics or Economics
  • At least 4 years of experience in risk management       
  • Advanced level of English, both written and oral
  • Knowledge in MS Office Pack (Excel, PowerPoint)
  • Ability to collaborate / teamwork
  • Ability to synthetise / simplify
  • Ability to set up relevant performance indicators
  • Analytical ability
  • Communication skills, both written and oral


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 client.

· 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/paternity, 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.

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