About the job

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

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 exposures
  
  
  • Sector exposures
  
  
  • Market sensitivities
  
  
  • Contribute to the analysis and monitoring of future Basel IV framework
  
  
• Market risk: contribute to the implementation of the new market risk framework, the FRTB (Fundamental Review of the Trading Book)
  
  • extract and produce monthly reports of P&L Attribution ratios on all desks, aggregating details from teams in charge of ad-hoc analysis to provide first level analysis
  
  
  • Build and produce regular reports of FRTB capital headwinds scenarios at desk level
  
  
• 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
  
  
• Capital allocation
  
  • Production of inputs required for capital allocation computation and consolidate all results for each type of risk
  
  
  • Perform first level of control of the allocation results accuracy for all types of risks, at all levels (GBL, Region, Desks, Portfolios) liaising with capital managers
  
  
  • Perform manual adjustments that may be required, to adjust wrong inputs from the upstream allocation systems or implement significant methodology or hierarchy updates
  
  

Profile and Skills to Success

• Master?s degree or higher in Engineering, preferably with a major in Applied Mathematics and Finance


• Good knowledge of programming languages (Python, R, VBA, SQL, ,etc.)


• Analytical and quantitative skills


• Good knowledge of Excel


• 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


• Training periods to be organised in Paris and/or London as the situation allows


• Strong daily interactions with the quantitative and 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

About the Team

BNP Paribas? Global Markets business offers a broad range of products and services in the global interest rate, credit, currency, equities & commodity markets. Global Markets help their franchise of clients find effective ways to raise and invest capital as well as manage their exposure to risk. Their client base comprises of hundreds of corporations, institutional investors, banks, governments and supranational organizations.

Global Markets has the scale and reach to conduct business anywhere in the world and deliver products denominated in almost all of the world?s currencies. Their global network comprises more than 3500 professionals working on our six main trading floors in London, Hong Kong, New York, Paris, Singapore and Tokyo. They are supported by regional offices throughout Europe, the Americas, Middle East and Asia-Pacific.

Mission: Provide support to GM Resources onshore team on the management of resources and the monitoring of future regulations

Why joining BNP Paribas?

• Leading banking institution

BNP Paribas is a leader in the Eurozone, and a prominent international banking institution with strong roots in Europe's banking history. It has a presence in 72 countries, with around 200 000 Employees ? including more than 150 000 in Europe.

• Our presence in Portugal Present in Portugal

Since 1985, BNP Paribas was one of the first foreign banks to operate in the country. Today, the Group has around 6.500 employees across several entities operating directly in the territory, offering a wide range of integrated financial solutions to support its clients and their businesses.

• 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: Domestic Markets and International Financial Services for retail banking and specialised financial services, and Corporate & Institutional Banking for corporate and institutional clients.

In its Corporate & Institutional Banking and International Financial 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.

• 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, 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.

To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal

• 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.

Primary Location

: PT-11-Lisbon

Job Type

: Standard / Permanent

Job

: MISCELLANEOUS
Education Level: Master Degree or equivalent (> 4 years)
Experience Level: At least 1 year

Schedule

: Full-time