About the job

Your Main Activities Are

• Providing RISK oversight to the wind-down of legacy ABS Portfolios of the bank, which includes undertaking quarterly IFRS9 provisions committee reviews, provision analysis and recommendations in liaison with the Business contributors within CIB
• Production of quarterly IFRS9 Cost of Risk computations & periodic stress testing
• Contribution to stress testing of Risk Weighted Assets, for securitization positions
• Prudential valuation and liquidity reserve computation
• Other ad hoc roles defined from time to time
• Over time, key responsibilities will shift towards portfolio management, which include the following:
  1. Monitoring of existing transactions, which include a critical look over transactions’ metrics and limits, identification of performance trends and seeking allocated analyst’s opinion to clarify any observed trend and/or breach of limits. This also includes the identification of key trends of the portfolio by asset class
  2. In terms of reporting to different stakeholders’, liaise with specialist of each asset class in order to obtain latest update for that asset class. With time and knowledge of the portfolio/market, be able to provide such comments. These comments and/or dashboards should be provided in a timely manner, in addition to being accurate and relevant for each stakeholder
  3. Regarding annual reviews of transactions, provide yearly calendar of annual reviews and be in constant contact with Business to prevent overdue annual reviews and proposals being delivered with sufficient time before deadline
  4. For quarterly portfolio reviews, be responsible, on RISK side, for the review of the materials sent by Business and identification of potential signs of deterioration and/or mistakes in data (and seek its correction if needed). In addition, person will be responsible for preparation of minutes of quarterly reviews’ meetings

Profile and Skills to Success

• Bachelor’s Degree in Economics / Finance / Accounting / Mathematics / Statistics or related
• At least 3 years of experience in Financial Analysis / Advisory or similar
• Advanced level of English, both written and oral
• Knowledge in 
  1. MS Office Pack (Excel, PowerPoint)
  2. IFRS9 and provisions computations
• Familiarity with Basel III/IV, CRR II, EBA Guidelines on securitisation, FCA/ECB supervisory expectations, AP/ILAAP and the overall risk management framework
• Experience working with Internal Audit, Compliance and external regulators on risk related matters
• Proficiency with risk‑systems (e.g., Moody’s Analytics, SAS Risk, Bloomberg, internal risk data‑warehouse)
• Understanding of data‑quality frameworks, version‑control, model‑risk‑management (MRM) processes and documentation standards
• Experience building and maintaining large‑scale data sets; proficient in SQL, Python/R, SAS, VBA/Excel, and data‑visualisation tools (Power BI, Tableau)
• Advanced quantitative skill‑set – statistical analysis, correlation modelling, risk‑metrics (PD, LGD, EAD, EL, VaR, CVaR, Expected Shortfall)
• Experience evaluating credit quality of corporate borrowers, special‑purpose vehicles (SPVs) and/or asset‑backed structures (ABS, CLO, RMBS, CMBS, BTL, etc.)
• Understanding of cash‑flow waterfalls, over‑collateralisation, tranching and waterfall‑priority mechanics
• Ability to help design and run independent portfolio‑level reviews, back‑testing of models and “challenge” the assumptions used by 1st‑LoD PMs
• Attention to detail / rigor
• Ability to deliver / results driven
• Analytical ability
• Communication skills, both written and oral
• Creativity and innovation / problem solving
• Critical thinking
• Proactivity 
• Resilience

#LI-Hybrid 

Why joining BNP Paribas? 

· Leading banking institution

BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.

· 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 value-added services to various countries where the BNP Paribas Group also operates.

· 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. BNP Paribas holds key positions in its three core operating divisions: 

• Retail Banking, a division that brings together all of the Group’s retail activities and specialised business lines; 
• Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services; 
• Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.

· 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. 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.

· Commitment towards work/life balance

At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.

· Remote Working Conditions

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices. 

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.