Risk Analyst - Counterparty

About the job

• The mission of RISK Market & Financial Institutions (“RISK MFI”) is to provide the Senior Management of the Group, of the RISK Function and of Global Markets (“GM”) and of Securities and Services with full transparency and dynamic analysis and monitoring of market, counterparty, valuation and liquidity risks originated and managed by CIB and of credit risks on Financial Institutions in order to assist them in their risk decision making and monitoring. The Management & Supervisory Information Counterparty Risk Team (MSI CCR) is responsible for the identification, measurement and analysis of main credit counterparty risks across asset classes, and the continuing evolution of the MI framework to deliver this. This includes counterparty risk metrics and analysis contributions to the forum between Front Office and RISK Management as well as Senior Management committee. The role is ideal for collaborative individuals with data analysis skills, financial risk interest and attention to detail. It gives the opportunity to gain a holistic and transversal view of counterparty risk originated from different activities while engaging with multiple teams inside and outside RISK

Your main activities are

• Production and Analysis of Counterparty and Credit Risk metric of the trading activities of the Group to be included in the (Counterparty Credit Risk) CCR Main Positions documents
• Contribute to production of Credit and Counterparty elements of the monthly FMRC documentation, including key highlights or focus papers in order to meet management needs
• Contribute to regulatory demands, such as ad-hoc or periodic regulatory demands (e.g. Datagaps I-I, PRA, JST) and related data quality tasks
• Identify important metrics or topics, which would be of interest to senior management, contributing to the analysis on specific points of attention
• Ensure the comprehensiveness and accuracy of the Counterparty risk metrics and propose improvements when relevant.
• Contribute to requests from the Businesses and RISK Management, as well as requests from ratings agencies, regulators and auditors
• Understand and being able to explain the Counterparty risk arising from Trading activities and products
• Improve existing processes in order to optimize efficiency through automation, improve transparency, enhance functionality and ensure optimal quality of reporting
• Adhere to procedures, performing and enhancing controls, data quality processes

Profile and Skills to succeed

• Master degree in Economics, Science or Finance.
• 2+ years of experience at least in Risk and Controls / Data Analytics or similar
• Risk Management - Risk Analysis
• Analytical Ability
• Attention to detail / rigor
• MS Office Pack Microsoft Excel (Proficient)
• Fluent in English, both written and spoken
• Critical Thinking
• Ability to develop and adapt a process
• Ability to develop and leverage networks
• Communication skills, both written and oral

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.