Counterparty Risk Monitoring Officer Porto

Counterparty Risk Monitoring Officer
Porto
Porto, Porto District, Portugal

About the job

The Counterparty Risk Monitoring Officer monitors counterparty risk exposures on BNPP’s CIB clients, to ensure such risks stay within BNPP’s own risk appetite. It includes the monitoring of the positions and the analysis and reporting of exposures in excess of their limits, supporting the simulation of the impact of new trades on the counterparty risk exposure, and the management of specific misrepresentation of the exposure of the portfolio of clients. It involves constant discussion with all counterparty risk management stakeholders.

Your Main Activities Are

1. Monitor counterparty risk exposure of Financial Institutions and Corporates.
2. Analyse the trigger of counterparty risk exposure limit excesses and share the root cause with the credit analysts, credit officers, and the relevant business lines.
3. When relevant, highlight transactions that breached the bank’s counterparty risk appetite and prepare the relevant warning to the front office.
4. Support some
   - trade simulation alongside Front Office on exotic transactions.
5. For identified transactions, perform overrides of the counterparty risk pricer using the appropriate override predefined methodology.
6. Participate in the
   - out of counterparty risk management monitoring frameworks improvements.
7. Regularly collaborate with IT and Data Analyst teams to deliver monitoring functionalities improvements.

Profile and Skills to Success

1. Bachelor's (3-5 years) in Economics, Finance, Accounting, Mathematics, and Statistics.
2. Ability to collaborate/Teamwork.
3. Attention to detail/rigor.
4. Organisational skills.
5. Analytical Ability.
6. Ability to develop and adapt a process.
7. English (Fluent).
8. Ms Office Pack Microsoft Excel (Proficient).
9. Risk and Controls ([0 - 2] years).

Why joining BNP Paribas?

1. Leading banking institution: BNP Paribas is the European Union’s leading bank, and a key player in international banking. It operates in 63 countries and has nearly 183, 000 employees, including more than 146, 000 in Europe.
2. Our presence in Portugal: In Portugal since 1985, BNP Paribas today has more than 8, 700 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 excellence centres providing
   - added services to various countries where the BNP Paribas Group also operates.
3. International reach: Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings, and protection solutions that help make their projects a success.
4. Diversity and Inclusion commitment: 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.
5. Commitment towards work/life balance: At BNP Paribas, we care about our employees'
   - being and promote a culture of good integration between work and rest.
6. Remote Working Conditions: At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy, and collaboration.

To find out more on why you should join BNP Paribas visit https://bnpp. lk/why-BNP-Paribas-Portugal.

• 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.