Counterparty Risk Analyst – Assistant Vice President

BNP Paribas

Jun 18

Applications are closed

Job
Full-time
Expert Level
Banking & Finance
London

Requirements

BSc. with a numerical focus (e.g. scientific, mathematical or financial discipline).
Solid understanding of the main financial products and their risk drivers.
Proven knowledge and experience linked to counterparty risk measurement elements – CE, PFE, JtD, xVA, VaR, stress testing, legal documentation (e.g. MA, CSA), counterparty credit quality (PD, recovery rate) etc.
Some knowledge and experience in topics such as statistics/econometrics, derivatives pricing fundamentals / greeks.
Self-motivated and able to organize tasks in project mode as well as be able to ensure their timely progress or escalate when required.
General all round IT competence.
Excellent written and oral English skills in order to articulate technical issues and enable effective communication with individuals across the different RISK teams and the Business.
·Ability to manage / facilitate a meeting with senior stakeholders.
Preferred
Knowledge of capital markets regulation is an advantage.
Python programming experience is an advantage.

Responsibilities

Participate in the production and review of the management information framework, while working in coordination with other members of RISK and Metiers.
The candidate will be responsible to analyse and explain metrics such as Current Exposure (CE), Potential
Future Exposure (PFE), Credit Valuation Adjustments (CVA), stress tests, initial margin, liquidation cost.
Coordinate and prepare the material discussed during the main risk committees within the MI CCR scope (e.g. FMRC, Hedge Funds and Higher Risk Funds Main Positions) as well as Supervisory reports (e.g. NFA).
Use best practices and knowledge to improve processes and reporting practices on CCR, taking into account external or internal recommendations (e.g. check and improve scope completeness and accuracy of the information presented).
Participate to current and future initiatives on CCR and deliver small-scale projects or well-defined tasks on major projects within the RISK function (e.g Global CCR Main Position).
Coordinate and respond to ad-hoc requests for CCR analysis, whether external (e.g. from Regulators) or internal (e.g. request for focus paper on a specific topic).
Work under general guidance from more senior Risk professionals, referring more unusual and complex matters upwards for support when required, and acts as a resource for colleagues with less experience.
Support the wider Management Information team through contributions to various global risk analysis topics.

FAQs

What is the team responsible for in this role?

The team is responsible for ensuring an exhaustive and transparent coverage in terms of perimeter and risk types, providing external risk disclosures, and contributing to the design and implementation of the risk analysis governance framework.

What is the job purpose of this role?

The job purpose is to work on the analysis and reporting of counterparty credit risk (CCR) in line with the team's mission statement, with a global responsibility across all activities and regions.

What range of experience is required for this role?

This role may be carried out within a range of experience depending on the development of knowledge and skills in the role and the role-holder's ability to work with increased autonomy.

BNP Paribas

The bank for a changing world

Finance

Industry

10,001+

Employees

1848

Founded Year

Mission & Purpose

more than 190,000 employees, including more than 145,000 in Europe. BNP Paribas holds leading positions in its three major operating divisions: ⚆ Commercial, Personal Banking & Services for all the Group’s retail banking networks and several specialised businesses, including BNP Paribas Personal Finance and Arval; ⚆ Investment & Protection Services for savings, investment and protection solutions; ⚆ Corporate & Institutional Banking, which is focused on corporate and institutional clients. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and Investment & Protection Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.