Resource and Counterparty Risk Manager

About the job

Provide support to GM Resources onshore team on the management of resources and the monitoring of future regulations. Development of solutions for GM Resources team for the management of financial resources to optimize/analyse/explain large amounts of data and predict seasonal variations.

Training periods to be organised in Paris and/or London as the situation allows
Strong daily interactions with the quantitative/engineer profiles of the Paris and London team
Becoming an expert over the whole range of financial products, their behaviours and risks
Leveraging on mathematics and programing skills to carry out risk analysis
A young and dynamic team in Lisbon, knowledgeable on the various resources topics and with a strong collaborative spirit

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 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

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

Master's degree in Finance; Master's degree in Engineering, preferably with a major in Finance
Good knowledge of programming languages (Python, R, C#, VBA...)
Excellent knowledge of Excel
Analytical and quantitative skills
Interest in Data Science
Ability to process large amount of data and make extractions from various systems
Ability to communicate clearly in both oral and written form (in English)
Precision and rigorousness
Reliability and capacity to deliver; Autonomy and proactivity
Team spirit and ability to work with others
Available for a training period abroad (in either London or Paris)
Interest in financial markets/derivatives/finance

About the Team

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

GMRM's 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

#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 centers 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.