Quantitative Models Analyst

**About the job** This position will allow the applicant to become a central player within BNPP CCP domain, the latter an essential market infrastructure in the daily activity of the Bank. The post will provide an opportunity to interact across many functions within the group, allowing to: - Develop a network through collaboratively working with numerous stakeholders on a daily basis. - Development of technical expertise regarding margin model practices and quantum insights by closely following market evolutions and its drivers. - Direct interaction with CCPs and market forums. **Your Main Activities Are** Quantitative Assessment: Monitoring and controlling risk-facing margin algorithms put in place by market infrastructure entities, considering among others the use, hypotheses, suitability, calibration and its overall performance Understanding the risk drivers of margin models, and their dependency on portfolios and market parameters Parallel building and replication of CCPs models when available information so permits it, quantifying errors and their significance Proactive and enthusiastic attitude with a drive to learn and build up an expansive knowledge of the market field Quantitative Opinion Contribution: Timely providing a quantitative assessment on the robustness of margin models to help Credit Analysts produce a holistic opinion regarding CCPs and its suitability for the magnitude of BNPP exposures on a given market Present clear and concise quantitative assessments for ad-hoc requests related to new CCP-related activities Participate in international forums and contribute to produce BNPP risk assessments on the given topics Ability to work independently and diligently RISK Monitoring: Continuously monitor the portfolio of counterparties under own responsibility, jointly with Credit Analysts, highlighting any quantitative issues that may require a specific review Driving the necessary changes to work towards a more robust risk management platform in the market Ensuring that the counterparty data management is conducted well, namely on-boarding, collection of documents, and commensurate limits update **Profile and Skills to Success** Master’s Degree in Quantitative Finance / Mathematics / Engineering / Statistics and/or Physics Strong and proven analytical skills Creativity & innovation / problem solving Rigorous and reliable Adaptability and proactivity, multitasking Ability to organize and prioritize high volume workloads Strong presentation and communication skills (verbal and written) Advanced knowledge of Microsoft Office (Word, Excel, PowerPoint) Programming Skills, preferentially in Python but not mandatory Knowledge of financial instruments and their risk drivers is a plus Fluency in English **About the Team** As part of Financial Institutions Coverage (FIC) within Global Banking (GB), the Institutional Credit Analysts Team (ICAT) oversees credit analyses of all institutional clients, intragroup entities, sovereigns and market infrastructures. In this domain, the Market Infrastructure - Central Clearing Counterparties (CCP) Team provides a holistic view of risks facing by these market infrastructures, integrating counterparty credit risk analysts as well as quantitative analysts within the team. It is a global team with presence in London, Paris, New York, and Hong Kong. The CCP Quantitative Analyst will work as part of the integrated "FIC ICAT - CCPs & ALGO" team and will be based in Lisbon. 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** - ** Commitment towards work/life balance** At BNP Paribas we care about our employees wellbeing and promot