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 71 countries, with 200 000 Employees including more than 150 000 in Europe and 6 000 in Portugal alone.
BNP Paribas is present in Portugal since 1985, having been one of the first foreign banks to operate in the country. Today, the Group has several entities operating directly in this 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 businesses, BNP Paribas has the resources to support all clients individuals, entrepreneurs, SMEs, large corporates, institutional investors and community organisations 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 : Domestic Markets and International Financial Services for retail banking and specialised financial services, and Corporate & Institutional Banking for corporate and institutional clients.
RISK I2S CRC acts as a 2nd Level Control Function and its primary missions is to ensure that credit / counterparty risks taken by the Bank are monitored correctly and to provide selected credit / counterparty risk reporting as required by RISK Management, Bank Management, Business units and others.
ROLE AND RESPONSIBILITIES
Identify and follow up of transactions done by the business beyond approved risk limits. This includes the analysis of the reason of the excess (passive excesses, technical excesses, transaction done in excess of approved limits, etc) and follow up investigations
Interact regularly with Front / Middle / Back Office and RISK I2S Credit Analysts / RISK Corporate to ensure that appropriate actions / decisions are taken on excesses in a timely manner
Ensure that all excesses are adequately closed in the Excess Management Tool (NEM) to enable adequate monitoring / recording of excesses
Provide to CRC Hub coordinator the TMV to be issued, including investigations, checks and Delegation Holder recommendation
Interact with CRC Hub coordinator in the framework of the excesses’ review (providing further details / investigations, updating closure status if required)
Validate that trading lines are activated in accordance with Credit Committee decisions related to ISDAs and other agreements governing capital markets activity
Monitor, follow-up and report on exceptions to approved credit limits on a regular basis (Validity dates, Trader / Marketer Violation Report)
Identify on a regular basis the list of counterparts in excess of their credit limits (All Outstanding Excess Report) and liaise with the various stakeholders to ensure that appropriate actions are taken to solve those excesses
Risk Monitoring and Reporting
Provide (at local, regional, global level) credit risk exposure information on counterparts and product lines under CRC responsibility to the Business, RISK teams and Audit / Inspection, with additional analysis where necessary
Monitor and ensure risk reporting of all specific activities as they appear in the CRC Operational procedure, such as Hedge Funds risks, Claim Paying Abilities, Contingencies or Prime Brokerage
Follow up with the various stakeholders on the exceptions identified in those reporting
Adapt the monitoring to fit the needs of RISK I2S-CRC's clients (RISK I2S streams or Credit Officers, RISK GM, etc)
Management & Integrity of Risk Data
Ensure the ongoing quality of data held in Credit Risk Tools (CAT, NEM, LYNX, CRT Reporting) and sent to bank-wide consolidating reporting systems : Credit Analysts portfolios, Annual review dates, etc
Contribute to the identification and resolution of booking, system & other technical problems that could have an impact on the management of counterparty risk.
Other Key Responsibilities
Interact with CRC Hub coordinator to detect and highlight issues on the Credit Risk Tools
Bachelor degree in Banking, Finance, Economics, Risk Management, Financial Markets or other relevant areas.
0-2 years in Banking, Consultancy (finance) or Risk Management or other relevant areas
English (fluent), second language (professional efficiency)
Strong and proven analytical skills
Adaptability and proactivity, multitasking
Communication (verbal and written)
Ability to organize and prioritize high volume workloads
Communication skills (verbal and written)
Advanced knowledge of Microsoft Office (Word, Excel, Access, PowerPoint)
Understanding of Corporate Banking and Capital Markets
Self-driven and organized
Rigorous and reliable
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.
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.