About the job
Within CIB / Global Markets, T2RS Global Markets Resources Management (GMRM) is in charge of 2 core mandates Risks : second level monitoring of all risks related to financial transactions, and more particularly counterparty risk Financial Resources : management of capital, balance sheet and leverage ratio
GMRMs DNA A Front Office team A combination of several areas of expertise Independence from the different Global Business Lines Transversal to all activities and regions
Your Main Activities Are
Counterparty risk : Transversal exposure reporting and first level analysis, understand and highlight counterparty risks related to large portfolios or complex products Counterparty Group wide exposures Country / Sector exposures Market sensitivities Contribute to the analysis and monitoring of current Counterparty risk framework Support Capital monitoring / reporting tools Investigate and identify issues of risk representation ensuring it is well represented Support monitoring / reporting of regulatory headwinds evolution Contribute to the analysis and monitoring of future Basel IV Counterparty risk framework Understand the new framework (across all risk types) Support production, monitoring, reporting and analysis of counterparty risk metrics under the new framework Automate and industrialise the various tools used by counterparty risk analysts designed to provide estimates and investigation purposes Drive harmonization ad simplification of processes, contributing with gains in efficiency Prepare support material for high level presentations Document processes and methodologies
Market Risk and PNL (Profit & Losses) analysis
Quarterly capital run exercises
Production of inputs required for capital run computation Perform first level analysis of source data Ensure regular communication of the results during the capital run to the impacted business lines in a timely manner Perform required adjustments / corrections where possible Production of overall GM capital explain per type of risk and first level analysis Maintain the overall database to log all capital adjustments performed by the team for all types of risks
Profile and Skills to Success
Masters degree or higher in Engineering, preferably with a major in Applied Mathematics and Finance
Good knowledge of programming languages (Python, R, VBA, SQL, etc.)
Good knowledge of Excel
Fluency in English both oral and written (mandatory)
Ability to process large amount of data and make extractions from various systems
Analytical and quantitative skills
Reliability and capacity to deliver with autonomy and proactivity
About the Team
Global Markets is BNP Paribas capital markets business within Corporate & Institutional Banking (CIB), delivering solutions across asset classes, and industry-leading services for clients including Institutional, corporates, private banks and retail distribution networks
Our Portugal Platform (Porto and Lisbon) is a major HUB in Europe and certainly unique in the country by its size and its scope of activity, with all Front Office roles present (Trading, Sales, Research, Structuring, Quant & Engineering, Business Dev and Support, Marketing & Client Support, Risk Management, Data Analytics and Machine Learning).
We are growing fast with the ambition to become even more relevant for the worldwide activity, which presents many short and long-term opportunities
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.
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 Groups 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 / 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.
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