Solvency Metrics Team Leader

Company Description
Natixis in Portugal is fully integrated in the global organization of Natixis, a French multinational financial services firm specialized in Asset & Wealth Management, Corporate & Investment Banking, Insurance and Payments. A subsidiary of Groupe BPCE, Natixis counts nearly 16.000 employees across 38 countries.

Based in Porto, Natixis Centre of Expertise mission is to transform traditional banking by developing innovative solutions for the bank’s business, operations and work culture worldwide, as a key driver of the company’s culture of agility and innovation. Teams of IT and Banking Support Activities work in an integrated, inclusive and transversal way, supporting all the business lines and country platforms.

Natixis in Portugal is the best combination of a “start-up mindset” with a large, solid structure. Its unique culture gives true meaning to a “beyond banking” personality: to be a real entrepreneur, self-challenging, ever striving to excel and go that extra mile.

Job Description**
Team presentation and main goal**:
Metrics Calculation & Reporting (MC&R) is a new department within Natixis Financial Department, which is responsible for the calculation and the related internal & external reporting of metrics on solvency (Risk Weighted Assets), ALM & liquidity and granular reportings (e.g. Loan tapes).

The department is organized by area of expertise, with a team in charge of the computation of solvency metrics, another for ALM & Liquidity metrics, a team in charge of external reporting and a last team in charge of projects.

As part of the development of Natixis in Portugal, almost 50% of the department workforce will be located in Porto as an extension of the Paris organization: the organization in Porto mirrors the one in Paris.

Reporting to the head of Solvency Metrics, you will be in charge of the Solvency Metrics team at Porto. The team will be responsible for auditing the calculation of regulatory capital requirements on the scope of Natixis group activities and monitoring Large Exposures.

Solvency Metrics team covers various functional areas: Market risk, Credit and counterparty Risks, CVA, Operational Risk and Large Exposures.
**Main tasks and goals**:
As the Team Leader of Solvency Metrics team in Porto your challenge will be to succeed in the handover of expertise from Paris to Porto.

As the Team Leader of the Solvency Metrics team in Porto, you will be leading one team in charge of Solvency regulatory metrics:

- The Management of the 1st level of certification and control process for capital requirements (RWA) and Large Exposures:

- Calculation and analysis of credit, counterparty, CVA and market risks RWA, using standard approaches and internal models
- Control and review of capital requirement calculations, on a Daily, Monthly and Quaterly basis in accordance with the regulations in force and the normative opinions issued by the prudential standards Department.
- Produce analysis and reporting
- Answers to questions asked by Paris Team on the calculations performed
- Updating of operating procedures and controls

As the Team Leader of the Solvency Metrics Team, your various missions are as follow
- Overseeing the recruit training, in link with Paris Team, enable the handover of responsibility of producing, auditing and validating Daily, Monthly and Quarterly regulatory runs from Paris to Porto.
- Managing the daily organization of your team to ensure that the appropriate resources are allocated to the different tasks
- Implementation of the control framework
- Identifying actions to improve the efficiency and robustness of the reporting framework by using new technologies and new tools (BI or controls tools)

**Qualifications**:

- Master’s Degree from a Business School or University closely related to the Finance industry with high knowledge in Market Risk, Credit and Counterparty Risk.
- **
Fluent English (mandatory) and a good level of French (preferred)**
- Management experience (+3 years)
- Banking Regulatory Calculation experience (+3 years)
- Market Risk and/or Credit & Counterparty Risk (+3 years)
- Banking accounting (preferred)
- Advanced Knowledge in Office Pack
- Knowledge of Power BI; Bloomberg; Regulation or norms (p.e., ISO 9001, MiFID II); Capital Requirements Regulation - preferred.

Additional Information
Early morning. Campo 24 de Agosto. In 4 minutes, you are clocking in at the office. After grabbing a cup of coffee and fresh fruit, pick up your laptop and choose your spot for the day. It's going to be a busy one: French class before lunch and, just after, quick medical appointment at Natixis doctor's office. Lunch break. Outside in the big terrace (look at your crops at the Urban Garden; ready to harvest) or, if you feel like stretching your legs, walk downtown to grab lunch.

Back inside. Quick sprint review (working together anywhere means virtual happy birthday to that colleague in Paris that just turned 35). The afternoon