Market Risk Monitoring & Reporting Analyst

Market Risk Monitoring & Reporting Analyst
Porto
Oliveira do Douro, Porto, Portugal

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
  - 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
  - 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