Job Location: Mumbai
About BNP Paribas Group:
BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions.
About Businessline/Function :
RISK is globally accountable for the definition of official risk policies, guidelines and procedures, as well as the
quantification and monitoring of risks taken by the various business lines, to ensure alignment with risk appetite and
policies. At BNP Paribas, a well-developed risk management culture is based on a long-term vision, a committed
management, and a strong and independent organization.
Enterprise Risk Architecture (ERA) is a stream within RISK which aims at being a one stop shop for issues related
to risk data/analysis, models/methodologies, stress-testing, market & counterparty risk systems, and ALMT & Liquidity risk within the Group. Within ERA, the Risk Analytics & Modelling (Risk A&M) department is responsible for risk methodologies and risk systems IT development. Within Risk A&M, Risk Systems is in charge of providing the bank with a comprehensive capital markets risk IT system used to calculate market and counterparty risk capital figures using advanced method internal models validated by the regulator and to support the needs of users for risk analysis, risk reporting and the credit process.
The mission of Risk Systems is to provide Senior Management of the Group, of the Operating Divisions, and of RISK with full transparency and dynamic analysis of the risks and clients managed by Corporate Investment Banking (CIB) and Investment Solutions (IS) Business Units.
Job Title:
Risk Operations – Analyst Senior Role L2
Date:
Department:
RISK [Transversal]
Location:
ISPL
Business Line / Function:
RISK
Reports to:
(Direct)
Joby Scaria
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
None
Directorship / Registration:
NA
Position Purpose
Expected Role:
Within BNP Paribas, RISK group is responsible for calculating & providing Market and Credit Risk to traders, market and risk analysts. We are looking for a Support Analyst to provide enterprise level technical & business support to our users located globally. You will analyze all available sources of information, as well as liaising with colleagues to obtain technical & business knowledge in order to ensure quick resolution to run the business functions. The main objective is to consistently deliver high quality client services to Risk Systems users by combining industrial operational processes with sound risk knowledge. The team is responsible to ensure the correct risks are available in timely manner and to provide functional provision of the risk system to the users on a daily basis.
Responsibilities
Direct Responsibilities
- Understanding of the flow & overall business in investment banking
- Ensuring the accurate calculation reporting of capital measures such as value-at-risk (VaR), stress VaR, Incremental Risk Charge (IRC), Comprehensive Risk Measure (CRM) including the floor calculation, counterparty risk exposure capital and VaR-on-CVA for the perimeter covered by the approved internal models.
- Ensuring the timely re-calibration of these models and performance of back-testing to support the usage of these models for the capital declaration.
- Ensuring the accurate calculation of other critical risk measures such as credit value adjustments and market risk reserves that impact the bank’s P&L
- Ensuring the timely provision of other risk measures such as stress testing and greeks required by users for limit monitoring, analysis and reporting.
- Ensuring users of the system receive the agreed level of service
- Responsible Data integrity: responsible to check the data integrity within the system.
Research, diagnose, troubleshoot and identify solutions to resolve functional/data issues/queries - Able to understand KPI reporting, prepare accurate and timely reports
Provide a first level of explanation on level and the movements of the risk metrics displayed and computed within Risk Systems: Risk Sensitivities, Capital Charges, Reserves, Stress Tests, CVA, Limits, and Exposure. - Appropriate and timely communication with all stakeholders
- Ability to operate in Agile methodology and have an understanding on deliverables.
- Experience and knowledge of financial products across asset classes
- 3 Yrs of experience of risk management experience atleast
- Maintain quality of deliverables to keep the key KPI and trends in check
- Provide input to the implementation plans
- Creative problem solving ability, inquisitive mind-set, comfortable with working on ambiguous situation
- Attention to detail and high quality standards of documentation, processes and control environment
- Flexibility (Openness to change)
- Propose and Implement Service improvements that may be in progress service Improvement
Successful candidate is expected to perform the above tasks in collaboration and agreement with the team leaders, project leads and other development staff, and where necessary with the Business Analysts, Application Production and Infrastructure teams.
Background
- Strong Functional/Data/Business Analysis experience.
- Awareness Market and counterparty risk
- 3 years of Risk Management experience atleast. Overall 7 years’ experience cap
Technical & Behavioral Competencies
Technical Qualification
- Experience in risk management and reporting role
- 3+ years’ experience in hands-on risk management
- Proven working experience of atleast 3 yrs in Risk Management
- Experience with working in an ITIL environment
- Ability to multi-task, work under pressure & tight deadlines
- Self-motivated and highly professional with ability to lead and take ownership and responsibility
- Strong organizational and planning skills
- Team player with strong interpersonal, oral and written communication skills.
- Good hands-on experience in Unix/Linux systems and Shell or Python scripting
- Good hands-on experience in SQL.
- Knowledge of Capital Market or Market Risk and Credit Risk is key
- Basic to Intermediate knowledge of Microsoft Excel/Power BI/PowerPoint/Altryx/Dremio
Non-Technical Qualifications
- Excellent communication both verbal and written.
- Excellent problem-solving and logical thinking.
- Team player
- Process-oriented
- Innovation/Out-of-the-box thinking
Specific Qualifications (if required)
- / B.E / B. tech or equivalent
Preferred Certifications / Affiliations:
- FRM/CFA certifications would be a plus.
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Attention to detail / rigor
Adaptability
Communication skills – oral & written
Ability to share / pass on knowledge
Transversal Skills: (Please select up to 5 skills)
Ability to understand, explain and support change
Analytical Ability
Ability to develop and leverage networks
Ability to anticipate business / strategic evolution
Ability to develop and leverage networks
Education Level:
Bachelor Degree or equivalent
Experience Level
At least 7 years
Other/Specific Qualifications (if required)
Primary Location
: IN-MH-Mumbai
Job Type
: Standard / Permanent
Job
: INFORMATION TECHNOLOGY
Education Level: Bachelor Degree or equivalent (>= 3 years)
Experience Level: At least 7 years
Schedule
: Full-time
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