Counterparty Risk Analyst

About the job

• The position is a Counterparty Risk Analyst role within RISK Market and Financial Institutions (RISK MFI) dedicated to the analysis of the counterparty risk exposure of Global Market
• We are looking for a profile with one previous relevant experience who can rapidly develop an expertise into counterparty risk analysis of specific portfolios
• The role requires agility to onboard oneself onto new topics to support the analysis or monitoring conducted by other team members or stakeholders

Your Main Activities Are

• Produce portfolio review analysis related to the counterparty risk of Corporate and Institutional Banking (CIB) clients
• Monitor market risk based metrics applied to counterparties portfolios of which Stress Testing
• Regularly contribute to the improvements of the counterparty risk metrics analysis framework
• Challenge and opinion on the information and views provided by the trading desks
• Understand the market risks of the products traded by the counterparties and their potential for profit and loss
• Analyse the risks with the tools available and drive the improvements of those tools
• Adapt Stress Tests to the CIB positioning and the market environment

Profile and Skills to Success

• Master’s Degree in Finance / Applied Mathematics / Science / Engineering or related
• At least 2 years of experience in market risk or counterparty risk with an applied knowledge in derivatives and their risk management
• Advanced level of English, both written and oral
• Knowledge in programming languages, Python is preferential
• Ability to integrate information from diverse sources, often involving large amounts of information
• Ability to collaborate / teamwork
• Ability to ensure the precision, accuracy and thoroughness of the information manipulated or delivered
• Ability to manage time, to plan, structure, prioritise and coordinate activities and resources effectively to reach objectives
• Analytical ability
• Creativity and innovation / problem solving
• Client focused
• Proactivity

About the Team

• RISK MFI provides the Senior Management of the Group, of the RISK Function and of CIB with full transparency and dynamic analysis and monitoring of market, counterparty, liquidity risks originated and managed by CIB Global Markets and of credit risks on Financial Institutions to assist them in their risk decision making and monitoring
• The position is part of the Counterparty Risk team of RISK MFI who analyses the counterparty risk exposure on specific names or a portfolio, monitors its aggregation across products and counterparty types, designs and maintains specific counterparty risk stress test methodologies, participates to the definition of the counterparty risk appetite and acts as point of contact on topics related to the collateral. The team works in close collaboration with the Credit Officers on Corporates and Financial Institutions

#careerboost 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 centers 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.