Market Risk Analyst Porto

Market Risk Analyst
Porto
Porto, Porto District, Portugal

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Natixis in Portugal is a Centre of Expertise whose mission is to transform traditional banking by developing innovative solutions for the business, operations, and work culture of Groupe BPCE worldwide.

Natixis in Portugal is part of the Global Financial Services division, applying technology for the development of financial expertise in its two global business lines – Corporate & Investment Banking and Asset & Wealth Management – and transversally for the entities of Groupe BPCE.

The Centre of Expertise, based in Porto, has over 2, 400 employees from more than 30 nationalities, organized into three main departments: Information Technology, Banking Support Activities, and Compliance. These teams work in an integrated, inclusive, and transversal manner, supporting and creating value across all business lines and platforms of the group. The project in Porto represents one of the largest investments in Human Resources by Groupe BPCE worldwide.

A disruptive mindset and a culture of proximity and agility characterize the Natixis in Portugal team, reflecting the company's mission to transform traditional banking on a global scale—aligning well with the Portuguese entrepreneurial ecosystem.

In 2024, the Top Employers Institute awarded Natixis in Portugal the Top Employer Portugal accreditation for the second time, recognizing excellence in people practices, following the example of our head office in France, which has been certified Top Employer France for eight consecutive years.

Job Description

Team presentation and main goal:

Market Risk is part of Natixis Risk Division. Its mandates cover Valuation, Risks, and Economic performance for the capital market activities across all business lines (mainly Fixed Income, Equity, FX, Credit, Commodities). Within Market Risk, Risk Monitoring of traded Risk is responsible for controlling, certifying, analyzing, and reporting market risk metrics and performance indicators.

Main tasks and goals:

As a Monitoring of Traded Risk Analyst, your responsibilities will include:

• Producing and reporting quantitative Risk indicators such as sensitivities, Stress-Tests, Va
  R, s
  Va
  R, IRC, on a daily basis
• Controlling, analyzing, and certifying these indicators, focusing on daily and intraday variations concerning set limits
• Producing P&Ls including economic, actual, hypothetical, and theoretical risk P&Ls, along with explanations
• Controlling the Client Contribution within MARPL’s scope
• Reporting economic P&L to relevant departments and stakeholders within Natixis and BPCE
• Certifying daily economic P&L and ensuring audit trail, analyzing variations
• Producing and analyzing RIM and Back Testing components
• Consolidating Risk Reports from international branches (NY, UK, APAC) and advising when necessary
• Calculating quarterly adjustments like Prudent Value Adjustment and Model Risk Components
• Producing and controlling SRAB and Volcker indicators
• Analyzing limit consumption, KPIs on Data Quality, and other metrics
• Creating dashboards for Senior Management (to be validated by P&O)
• Consolidating all Risk Reports at various levels
• Preparing support documentation for Market Risk Committees
• Producing Va
  R Back testing components and exception reports
• Communicating with Business Lines and Risk Managers regarding limit breaches and alerts
• Maintaining referential mappings and performing consistency checks
• Producing Regulatory Risk reports quarterly

Qualifications

• Master’s degree in Finance, Economics, Engineering, or Mathematics
• At least 3 years of experience with asset classes such as Fixed Income, Equity, Credit, or FX
• At least 3 years of experience with derivatives products
• Advanced skills in SQL, Excel, and VBA; knowledge of Python is preferred
• Fluent in English; French language skills are a plus
• Strong communication skills, both oral and written
• Team player, able to work under stress, proactive

Note: We will only consider English CVs.

Additional Information

At Natixis, we foster a respectful and inclusive work environment. Our Diversity, Equity & Inclusion policy includes a Blind CV Screening process to reduce hiring bias. Please submit a blind CV with no personal details such as picture, name, gender, age, nationality, ethnicity, or address. Focus on your work experience, skills, education, and certifications.

#Much
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Imagine starting your day in Porto’s vibrant neighborhood, joining a team meeting, enjoying local breakfast, and participating in cultural activities, all while advancing your career in a dynamic international environment.