Risk Senior Auditor - Model Validation Porto

About The Job

Within RISK, the Global Practice RISK IRC is in charge of the independent review of the credit, market, counterparty, insurance and operational risks as well as the RISK ORC function of RISK. Risk Independent Review (RISK IR) is the team responsible for the independent review of the risk measurement systems for the risks covered by RISK IRC.

Within RISK IRC, The Team Framework, Processes & Systems (FPS) is In Charge Of, Among Other Things, The Review Of All The BNP Paribas Group's Processes And Information Systems (central And Local) Contributing To The Measurement Of Credit, Market Or Counterparty Risks. The Topics Covered Are As Follows:

• Information systems and data quality:
• data supporting the modelling and run of credit risk models (e. g. PD, LGD and EAD), market (Va
  R, IRC) and counterparty (EEPE);
• Systems and processes dedicated to the production of the risk indicators and the computation of the Risk weighted assets;
• Internal and regulatory reporting: collection of risk data and production of reports, local and central processing during the reporting process; Reconciliation of accounting and risk data locally and centrally;
• Good application of the regulatory definitions and internal standards;
• Use of the internal rating systems;
• Governance and risk management.

Your Main Activities Are:

• Guarantee applicability of regulatory standards, internal procedures, internal systems and compliance
• Performing review and analysis works, assessing risks for all types of risk measurement systems on the reviewed perimeter
• Issuing reports and proposing action plans or recommendations to the concerned RISK departments and beyond
• Performing
  - depth independent reviews
• Doing independent reviews of the risk measurement systems of the BNP Paribas group (any country)
• Producing analyses related to the laws, regulations, procedures and existing practices
• Controlling the quality of the monitoring systems of the main risk families
• Writing reports and proposing action plans
• Writing final reports
• Presenting the objectives of the review and its conclusions to the management
• Proposing remediation plans on the specific areas where weaknesses have been identified
• Controlling recommendations and justifications supporting their closure
• Comply with the Permanent Control Framework, defined within the team, and in accordance with the Group Procedures
• Assists management in planning the specific audit plan for the analysis works to be performed
• Lead the analysis works and advises and coaches other team members during the course of the reviews
• Coach and train other team members, sharing the accumulated experience and knowledge as a specialist
• Reviews other team members' deliverables, assisting management in preparing high quality reports

Profile and Skills to Success:

• Bachelor Degree Engineering / Mathematics or related
• At least 3 years of experience in Banking / Audit and/or Consultancy
• Advanced level of English, both written and oral
• Knowledge in:
• Banking Prudential Regulation
• SAS and/or SQL
• Python and/or R
• Ability to deliver / results driven
• Ability to synthesise / simplify
• Analytical ability
• Creativity and innovation / problem solving
• Client focused

Why joining BNP Paribas?

• Leading banking institution
• Our presence in Portugal
• International reach
• Diversity and Inclusion commitment: BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers.
• 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.
• Remote Working Conditions: At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration.