Counterparty Risk Team Leader

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 BP2S 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 Counterparty Credit Risk team of RISK MFI 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
As the RISK MFI CCR Portugal Team Leader, you will be leading a newly formed team and locally managing team members directly working on hedge funds

Your Main Activities Are

Drive the analysis of the credit counterparty risk (CCR) generated by CIB activities with its clients
Support and advise on the portfolio review analysis performed by the team or produce own analysis when required
Animate the book of work of the counterparty risk analysts team members guiding them between deep analysis work and reactivity in face of events and crisis
Escalate concerns about the counterparty risk profile of any counterparty to the related RISK CCR managers
Drive framework and methodology improvements in the analysis and controls of the counterparty and collateral risks
Collaborate with Credit Officer and Senior Credit Officer in charge of Hedge Funds, other Financial Institutions or Corporates to understand their analysis needs
Keep contact with market and valuation risk teams to stay updated on market developments
Regularly engage with the monitoring, framework, reporting, supervisory or methodology teams working on counterparty risk to ensure proactive alignment of the CCR management responsibilities
Participate to the review of the stress testing methodologies related to counterparty risks
Build, Animate and coach the team of counterparty risk analysts in Lisbon and Porto
Contribute to the hiring and onboarding of risk analysts to maintain a high-performing team in Lisbon and Porto
Ensure the team deliver a high quality well controlled production service respecting deadlines, evidenced by KPI
Foster a positive team culture that promotes delivery-focus, collaboration, accuracy, and innovation
Lead and motivate team members to achieve employee engagement and develop performance, notably by setting and regularly reviewing SMART objectives for each team member
Ensure the team is adequately staffed with a diverse level of experience and skills
Actively contribute to the team’s personal and professional development
Provide training means to ensure proper execution of the monitoring , analysis and reporting tasks
Anticipate on team members career evolution by regularly discussing such with them, coaching them to research and plan their next step
Foster a common risk management and operational culture within the team and encourage fruitful interaction with other key stakeholders in CIB, CIB Operations, IT and RISK

Profile and Skills to Success

Master’s Degree in Finance / Economics / Mathematics / Statistics or related
At least 7 years of experience in Risk and Controls or similar
At least 2 years of experience in Data Analytics or similar
Advanced level of English, both written and oral
Knowledge in
MS Office Excel
Python
Attention to detail / rigor
Critical thinking
Proactivity

#LI-Hybrid

Why joining BNP Paribas?

• Leading banking institution

BNP Paribas is the European Union’s 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 Group's 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:

Retail Banking, a division that brings together all of the Group’s 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.

• 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.