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Senior Risk Analyst

Senior Risk Analyst

ConfidentialMumbai, India
5 days ago
Job description

About BNP Paribas Group

Worldwide, BNP Paribas has a presence in 74 countries with more than 190,000 employees. It has key positions in its three main activities : Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises : corporate clients and institutional investors. In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 15,000 employees

  • and a presence in 14 markets, it provides clients with product and service solutions tailored to their specific needs, and continues to develop its franchise in the region.

About BNP Paribas India Solutions

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.

About Businessline / Function

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, as per the scope detailed below.

On Market & Liquidity risks : it is Group-wide. Risk Systems comprehensively covers the CIB capital markets activities, ALM Treasury as well as the IS Business Units,

On Counterparty risks : it is Group-wide. Risk Systems covers all counterparty risks arising from derivative and repo transactions,

Depending on mandates given, Risk Systems also assumes, directly or indirectly, responsibilities on the above risk categories in specific areas of the Retail Business Units.

To provide a fully integrated market and counterparty risk management system, combining flexibility with industrial reliability, operating at the heart of the bank's risk management framework helping to protect shareholder value and the integrity of investment banking activities.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

Job Title

SENIOR RISK ANALYST

Date

Department : RISK IT

Location : NKP

Business Line / Function

RISK

Reports To

(Direct)

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
  • 4 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.
  • Sound financial product knowledge
  • Leadership skills to drive E2E agenda and someone who can articulate and maintain stability under challenging situations.

    • 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, Ops Leads, FO, A & D teams, Methodology teams

    Background

  • Strong Functional / Data / Risk Analysis experience.
  • Awareness Market and counterparty risk and Credit risk
  • 4 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 4 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
  • Strong knowledge of Microsoft Excel / Power BI / PowerPoint / Splunk

    • 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
  • Positive attitude and forward 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

    Master Degree or equivalent

    Experience Level

    At least 3 years

    Skills Required

    Python Scripting, Power Bi, Powerpoint, Splunk, Microsoft Excel, Sql, Risk Management

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