Structural Market Risk Analyst Porto

About the Job

The Market Risk Analyst role within RISK Market & Financial Institutions (RISK MFI) focuses on structural and exotic risks held in BNP Paribas Global Market trading books. The role provides full transparency and dynamic analysis of market, counterparty and liquidity risks, supporting senior management in risk decision‑making.

• Reports to the MLR - ESTR team (Market and Liquidity Risk – Exotic & Structural Transversal Risk).
• Provides a holistic and transversal view of structural market risks across Global Markets.
• Challenges monitoring, tooling and framework for structural and exotic risks.
• Designs and runs stress‑testing on trading book positions and reviews new products or transactions.
• Collaborates with market risk teams, Global Markets desks, valuation risk teams and RISK IT.
• Onboards new topics quickly to support analysis or monitoring by stakeholders.

Your Main Activities

• Articulate the main market risk and formulate risk options to RISK Management.
• Challenge and provide opinions on information and views from trading desks.
• Understand valuation, market risks and P&L of product or portfolio under analysis.
• Analyze risks with available tools and drive tool improvements.
• Review and approve transactions outside the usual mandate of the trading desks.
• Develop and adapt Stress Tests to trading desks positioning and market environment.

Profile & 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.
• Strong collaboration and team‑work skills.
• Ability to synthesize / simplify.
• Analytical ability.
• Client focused.
• Organisational skills.
• Proactive attitude.

Why Join BNP Paribas

• Leading banking institution with international reach and excellent career development opportunities.
• Commitment to diversity and inclusion, work/life balance, and remote working conditions.

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.

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.