Senior Market Risk Analyst Porto

Senior Market Risk Analyst
Porto
Porto, Porto District, Portugal

Company Description
Natixis in Portugal is a Centre of Expertise with the mission to transform traditional banking by developing solutions for Groupe BPCE's businesses, operations and work culture worldwide, driven by an innovation mindset, in a financial tech ecosystem.

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

The Centre of Expertise, based in Porto, currently has more than 2700 employees from 40 nationalities, organised in three main departments: Information Technology, Banking Support Activities and Compliance. These teams work in an integrated, inclusive and transversal way, supporting and creating value for all the business lines and platforms of the group. Natixis in Portugal is the International Competence Centre (with an export orientation) which employs the largest number of people in the Porto district. The project in Porto is one of the biggest investments in Human Resources ever made by Groupe BPCE worldwide.

A disruptive mindset and a culture of proximity and agility identify Natixis Team and reflect the company's mission to transform traditional banking at a global scale: a perfect match in the Portuguese dynamics and entrepreneurial ecosystem.

In 2025, Top Employers Institute has awarded Natixis in Portugal the Top Employer Portugal accreditation for the third time. This certification recognizes excellence in people practices, following the example of its head office, in France, who was certified Top Employer France for the nineth year in a row.

Job Description
Generic Responsibilities:
Monitors, analyzes and certifies quantitative Risk indicators (e. g. : Specific/Global Stress-Tests, Reverse Stress-Tests, Va
R, s
Va
R, SRAB, Volcker, etc. )
- up on daily variations as well as intraday movement, to guarantee limit consumption control, ensure daily as well as monthly reporting and consolidation as well as alert Business Lines and to Risk Mandates limit breaches and loss.

Computes and develops the organization's different types of P&L (e. g. : economical, actual hypothetical, explain, risk theoretical and accrued) as well reporting economic P&L to the relevant departments and stakeholders within the organization and the group.

Conducts daily analyzes and audits of the economic, actual, hypothetical and risk theoretical P&Ls certifying them in order to monitor them and understand their daily/weekly P&Ls variations.

Computes Prudent Value Adjustment on Market Price Uncertainty, Close-Out Costs, Some Model Risk Components (such as Mean Reversion, Unearned Credit Spreads and Investing and Funding Costs) on a quarterly basis.

Computes market risk reserves in order to report their variation and level on a monthly basis.

Performs consistency checks between day to day processes and the controls/referential as well as maintaining the date referential mapping (e. g. Homologated books /
- homologated books) up to date.

Consolidates the organizations' Risk Reports on a daily, weekly and monthly, basis as well as producing Regulatory Risk reports (ACPR, JST, …) on a quarterly basis.

Prepares reports and all the necessary support document for the Market Risk Committees.

Identifies improvement opportuniteis based on information analysis and reporting, in order to make recommendations and contribute for continuous improvements.

Specific Responsibilities
Acts as a mentor to less experienced staff, explaining relevant procedures and providing technical skills development and spread best practices.

May support the team leader or team manager coordinating resources effectively to ensure successful project execution, alignment with organizational goals, and timely delivery of
- quality solutions.

Qualifications

• Higher education (Master's degree or equivalent) in finance and/or mathematics applied to finance;
• Over 5 years' experience in finance/market risk;
• Good knowledge of financial products, financial risk indicators, and banking regulations;
• Proficiency in office tools, particularly Excel and Power BI;
• English Fluency (mandatory).
• Rigorous, with strong analytical skills and the ability to make proposals;
• Communication skills;
• Teamwork orientation and quality in communication.

We will only consider English Cv's.
Additional Information

At Natixis, we are committed to fostering a working environment where each and every one of our people is treated with dignity and respect and where every voice is heard. Our differences make us collectively stronger and are a source of fulfilment, innovation and performance.

In the framework of its Diversity, Equity & Inclusion policy, Natixis in Portugal has implemented a Blind CV Screening process, with the purpose of reducing hiring bias. A blind CV excludes any personal details which refer to the applicant's gender, age or ethnicity.
When applying for our positions, please submit a blind CV, that is, with no picture, name, gender, age, nationality, ethnicity and address.
Your personal statement, work experience, courses and certifications, education, skills and contact information is what matters to us.

#Much
More
Than
Just
AJob
Early morning. Campo 24 de Agosto. In 4 minutes, you are clocking in at the office. Start your day having breakfast with the Team and grab fresh fruit on the way to your seat, in one of Porto's most typical neighborhoods. This Purple Day is going to be a busy one: daily meeting ensuring all team members are on the same page regarding work status, priorities and blockers, language class and, just after, a Talent Management meeting with your manager, discussing your career path.

Lunch break. Today, your Team is onboarding newcomers, but also welcoming French colleagues: the perfect excuse to walk downtown and bond over a
francesinha
. When returning, inhale nature and peace of mind in Natixis Urban Garden (look at the crops; ready to harvest).

Back inside. Brainstorming session on a new, exciting project in our disruptive and immersive Manaus Village. The afternoon went flying (tasks, meetings, some jokes with your teammates). End it on a high note: celebrating cultural diversity with a Diwali, the Indian festival of lights.

Tomorrow, you attend a conference led by influential speakers in your industry and, the day after, you will work from home, benefitting from some focus time to complete that report and soft skills course on Linked
In Learning. Once you are done with your work for the day, strike the right note playing with Natixis band or be part of a board games session. If that is too steady for you, meet your colleagues to catch some waves or sail the Douro river during golden hour.