Structural Market Risk Analyst

About The Job

• The position is a Market Risk analyst role within RISK Market & Financial Institutions ("RISK MFI"), focusing on structural and exotic risks held in the trading books of BNP Paribas Global Market
• RISK MFI provides the Senior Management of the Group, of the RISK Function and of Corporate & Institutional Banking ("CIB") with full transparency and dynamic analysis and monitoring of market, counterparty, liquidity risks originated and managed by CIB GM and of credit risks on Financial Institutions to assist them in their risk decision making and monitoring
• The role reports into the MLR - ESTR team (Market and Liquidity Risk - Exotic & Structural Transversal Risk)
• The Market Risk analyst provides a holistic and transversal view of the structural market risks of the various activities across Global Markets. They also analyse the market risks created by the various exotic derivatives businesses of BNP Paribas notably by conducting in-depth review of the less common or hidden market, valuation or issuer risks
• The team can also regularly challenge the monitoring, tooling, and framework in place to monitor such structural and exotic risks. This can involve designing and running stress-testing on the trading book positions. It also involves reviewing specific new products or transactions
• The MLR-ESTR regularly interacts with all other market risk teams (of which the methodologies and validation ones), with representants of Global Markets of which the trading desks and the quantitative research, with the valuation risk teams and with RISK IT
• The role requires agility to onboard oneself onto new topics to support the analysis or monitoring conducted by other team members or stakeholders

Your Main Activities Are

• Articulate the main market risk and formulate risk options to RISK Management
• Challenge and opinion on the information and views provided by the trading desks
• Understand the valuation, market risks and profit & loss of the product or portfolio under analysis
• Analyse the risks with the tools available and drive the improvements of those tools
• Review and approve transactions that are outside the usual mandate of the trading desks
• Develop and adapt Stress Tests to the trading desks positioning and their market environment

Profile
and Skills to Success

• Master's Degree in Finance / Applied Mathematics / Science / Engineering or related
• Up to 5 years of experience in Market Risk / Counterparty Risk or similar
• Advanced level of English, both written and oral
• Knowledge in Python
• Ability to collaborate / teamwork
• Ability to synthetise / simplify
• Analytical Ability
• Client focused
• Organisational skills
• Proactivity

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 employees, including more than 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 centres 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

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/paternity, 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.

• Commitment towards work/life balance

At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.

• Remote Working Conditions

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices.

To find out more on why you should join BNP Paribas visit

• 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.