Counterparty Risk Senior Analyst

About the job

• The position is a Counterparty Risk Senior Analyst role within RISK Market & Financial Institutions (“RISK MFI”)
• RISK MFI provides the Senior Management of the Group, of the RISK Function and of Corporate & Institutional Banking (“CIB”) with full transparency and dynamic analysis and monitoring of market, counterparty, liquidity risks originated and managed by CIB GM and of credit risks on Financial Institutions in order to assist them in their risk decision making and monitoring
• The Counterparty Risk Senior analyst main missions are related to analysing electronic trading generated risks, analysing the variation of Stress Test metrics on specific trading portfolio or counterparties, deep diving on specific market risk metrics, reviewing the relevance or the calibration of some limits, investigating and solving with stakeholders the root causes of limit excesses. The senior analyst regularly reports about the metrics they investigate
• We are looking for a profile with proven market risk experience who can rapidly understand new market or counterparty risk concepts and metrics, provide quantitative or statistical analysis about a certain scope, formulating their conclusions in an easy-to-read format
• The role requires agility to regularly onboard oneself onto new topics to support the analysis or monitoring conducted by other team members
• The candidate needs to be comfortable working in “project mode” and very regularly iterating improvements in their analysis

Your Main Activities Are

• Regularly evaluate the performance of the Counterparty Risk pricers and methodologies and propose improvements.
• Analyse the impact of Counterparty Risk methodologies on counterparty risk metrics.
• Continuously develop and improve a critical opinion about the data set used in the metrics under investigations and their methodologies, highlight key data quality issues.
• Prepare committees related to counterparty risk pricers and prevent investigations outcome to the relevant counterparty risk managers.
• Lead small projects to improve the efficiency and reliability of the team processes or developing alternative way to interpret the metrics and data sets used by the team.
• Maintain documentation of the methodology used to adjust Counterparty Risk Metrics.
• Run the production of Counterparty Risk regulatory capital.
• Support client-facing teams when simulating the impact of new transactions on existing counterparty risk exposures notably for more complex transactions.
• Maintain regular interactions with Counterparty Risk Managers in both the RISK function and Global Markets, with methodology owners and counterparty risk monitoring teams.
• Answer ad-hoc requests from supervisors related to counterparty risk exposure and own specific reporting to such supervisors.

Profile and Skills to Success

• Masters degree in Finance, Applied Mathematics, Science or Engineering
• 4 to 7 years of working experience in Market risk or Counterparty risk
• Good knowledge of Financial & Risk management concepts as well as derivatives products
• Ability to gather, prioritize and integrate large amounts of information, to process and simplify it
• Ability to systematically produce relevant analysis with accurate, precise, and verified information
• Ability to act in advance of a future situation, to take control and initiatives to implement relevant actions in the short and long term.
• Able to identify solutions to overcome obstacles and drive results to conclusion working autonomously and implementing work processes, ideas, and solutions with tenacity.
• Effectively deliver complex oral and written messages in a clear, structured, accurate and concise manner, based on facts
• Value and integrate clients feedback to improve products, services, and processes

#LI-Hybrid

Why joining BNP Paribas?

• Leading banking institution

BNP Paribas is the European Unions leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.

• Our presence in Portugal

In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Groups 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.

• 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:

• , a division that brings together all of the Groups retail activities and specialised business lines;
• that include specialised businesses offering a wide range of savings, investment and protection services;
• 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/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.