Business Overview:

In many respects, banking is the business of managing Risks.

At BNP Paribas, our well-developed Risk management culture is based on a long-term perspective, a committed management, and a strong and independent Risk organization led by RISK.

Created at the same time as BNP Paribas, RISK is today a global function present in five continents and at the forefront of Risk management through best-in-class expertise.

RISK is a global, integrated, and independent function.

RISK’s main missions:

• Advise the Bank Management on the definition of risk policy;
• Contribute as a “second pair of eyes” to ensure that risks taken by the Bank are aligned with its policies;
• Report and Alert Bank Management on the status of risks to which the Bank is exposed.
• A deconcentrated organization covering all the Business Lines and encompassing the whole chain of risk-taking.

• A Risk framework adapted to each Business:
• Credit risk
• Market & Counterpart risk
• Liquidity Risk
• Insurance Risk
• Encompassing the whole chain of Risk-taking and monitoring:
• Risk policy
• Risk analytics and modelling
• Risk Anticipation
• Portfolio analysis: risk concentrations and stress-testing
• Reporting ; Monitoring
• Risk Independent validation & Control
• Counterparty & transaction analysis
  
• A risk organization covering all the business lines:
• Equity and derivatives
• Commodities
• Rates
• Credit
• FOREX and local markets
• Asset & Liabilities
• Insurance

Candidate Success Factors:

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

• Results and Impact
  • Able to influence peers and team.
  • Demonstrates good judgement when making decisions of high complexity and impact.
  • Exercise appropriate autonomy in the execution and delivery of work.
  • Responsible for driving outcomes, which have meaningful effect on team or department.
• Leadership and Collaboration:
  • Creates trust with colleagues.
  • Acts in leadership capacity for projects, processes, or programs.
• Client, Customer and Stakeholder Focus:
  • Able to build relationships with a mix of colleagues and clients.
  • Interacts regularly with management and department leaders.
  • Demonstrates the ability to influence stakeholders at the team level.
• Compliance Culture and Conduct:
  • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
• Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities:

Responsible for Counterparty/market risk monitoring and analysis

• Analysis, monitoring and reporting of counterparty risk exposures:
  • Understanding the origin of the exposures (specific trades, products);
  • Designing relevant metrics and stress testing, under both internal and regulatory context;
  • Aggregating and monitoring, across products market risk sensitivities by counterparty, hence providing a transversal view;
• Define / validate / monitor the specific risk framework, e.g. stress testing.
• Engage in active discussions with Trading/Sales and internal RISK stakeholders on risk issues
• Summarize, escalade and present risk topics to Management

Minimum Required Qualifications

Education:

• Master in Math / Quantitative Finance / Engineering / Economics

Experience:

• relevant courses in risk management/quantitative financing/trading fields

• Understanding of counterparty/ /market risk originated from derivatives and securities financing transactions (Repo, Security lending),
• Understanding quantitative risk measures and related modeling / methodology;

Languages:

• English mandatory

Skills:

• Strong quantitative skills (Math, VBA/Excel);
• Strong communication skills (being able to summarize and communicate efficiently);
• Good team spirit.

Preferred Qualifications:

• Good Knowledge of stress testing methodology
• Familiar with activities of repo, client clearing and FX brokerage
• Good knowledge of securitized products

FINRA Registrations Required:

• Not Applicable

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

• Not Applicable

SEC Security-Based Swap Dealer Associated Person:

• Not Applicable

The expected starting salary range for this position in New York is between $80,000 to $100,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. In the United States, BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

The bank employs nearly 6,000 people and has a presence in the country since the late 1800s in major cities including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver and Washington, DC.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

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