About The Job
The role of Management & Supervisor Information (MSI) team is to provide General Management, CIB, supervisors, rating agencies and other stakeholders with a consolidated, global, and independent view of the market, liquidity and counterparty risks associated with trading securities, derivatives and repos with clients such as other banks, corporates or hedge-funds. Perimeters covered by the MI team include notably BNP Paribas' Global Markets, Securities Services, ALM Treasury, Asset Management and Wealth Management.
Consequently, as part of RISK Markets & Financial Institutions, MSI sits at the heart of a network of technical and subject matter experts in the fields of market/counterparty risk in order to turn data into management information. For the MSI analyst the challenge is therefore to i) be able to engage with market and counterparty risks analysts on complex financial aspects and ii) then distill the resulting information into a clear message that will be presented directly to the CIB senior management, the Group CRO or even the ECB to name a few consumers of MSI's product.
Finally, working within the MSI team will allow you to strengthen your knowledge of market, counterparty and liquidity risks on a diversified scope and constantly changing subjects.
Your Main Activities Are
The Core Responsibilities Of The MSI Role Include
* Analysis on market risks measures such as Greeks, understanding of the outright and various basis exposures, the P&L explain, the Regulatory VaR and SVaR, as well as the Stress Tests (assumptions and drivers) within the FICC (Fixed Income Currencies & Commodities) perimeter.
* Analyse risks and put metrics vs market-dynamics into context, regarding the expected impact, compiling the information and reporting findings to the Management, in the form of supporting the various risk committees/meetings in place, including GM Main Positions Meetings. Interact regularly with RISK MFI A&D, representing RISK MFI MSI in the regular meetings with Trading and RISK, taking full responsibility for commenting exposures and contributing on discussion topics and points of attention, having full ownership of the meeting document and meeting minutes/notes.
* Contribution on related topics to the production of the monthly Financial Market Risk Committee (FMRC) documentation. Contribute to the production of other relevant / on demand reports to the Board and to Group, Businesses and RISK Management, as well as requests from ratings agencies, regulators and auditors.
* Improve reporting through continuously adjusting the contents based upon information on prevailing business activities, in order to aid the decision making of Senior Management.
* When dealing with subject matter experts, show understanding of complex topics, such as those involving quantitative analysis, models, stress testing, etc; demonstrating awareness of quantitative skills / techniques.
* Drive infrastructure upgrades/development ensuring improvements and maintaining understanding of changes and ability to explain them. Improve existing processes in order to optimize efficiency, improve transparency, enhance functionality and ensure optimal quality of reporting.
* Provide expert assistance to MFI MSI ST and RISK MFI in stress testing matters and related regulatory reporting contributions.
* Adhere to procedures, performing controls and data quality processes.
* Developing models for Market Risk analysis and internal Stress Testing, doing draft presentations and technical documents designed to articulate key risks to non-risk forums, among other responsibilities.
The role is ideal for collaborative individuals with technical skills, financial risk interest and attention to detail. Whether market risks associated with trading activities or engaging with internal and external stakeholders, the role gives you a holisitic experience of being a risk management professional.
Profile And Skills To Success
* Master's degree in Finance, Mathematics, Engineering or Statistics.
* A previous experience in Risk Management or Data Analysis would be a plus.
* The candidate must be fluent in English.
* A good communication both oral and written, as well as the ability to synthetise, is required for the position.
* The candidate must be proficent in Microsoft Office tools.
* An understanding of Financial & Risk management concepts as well as deriveative products is recommended.
Why joining BNP Paribas?
* Leading banking institution
BNP Paribas is the European Union's leading