• By Bnp Paribas
  • London (United Kingdom)
  • Business / Sales

Job description

The Junior Analyst fixed term contract position is available within ETAP (Exotic Trade and Portfolio) team, part of Counterparty and Financing Risk Team (CFR) , based in London. CFR Team belongs to Risk Global Markets which is part of the Risk Function within BNP Paribas.

The Counterparty and Financing team covers the following main responsibilities:

· Analysis and follow-up on counterparty exposures: specificities of transactions, liquidity of the underlying, exotic or vanilla payoffs.

· Design, produce and analyse regular stress-tests. Development of the Stress Testing Platform and production of regulatory Stress Tests (such as EBA Stress Testing).

· Analyse and approve from a counterparty point of view exotic transactions or trades beyond current risk appetite levels (such as Credit Limits, specific guidelines and Bank risk policies). This mission is done in collaboration with Business, Credit Officers, Credit Risk Control and Market Risk teams.

· Counterparty coverage includes all Corporates, Financials and Sovereigns excluding Managed Funds and Hedge Funds.

· All derivatives trading activities are covered: Credit, Interest Rates, Inflation, FX, Equity, Commodities as well as Securities Financing.

· Analysis of market infrastructure and evolution related to regulatory changes to propose solutions to adapt risk monitoring platform.

Job Definition:

The responsibilities of the Junior Analyst are:

o To analyse and explain exposures for BNP Paribas's derivatives counterparties in the scope of the London team (Germany, Austria, UK and Ireland, Middle East). The Junior Analyst will be the owner of a given Country/Region that will be followed-up closely. Expert knowledge will be developed (macro-economic environment, legal context, trading activity and key risk drivers).

o To summarise the main risk drivers and provide an opinion on the quality of the risk representation. Conclusions will be presented in a jargon-free and clearly intelligible format.

o To interact closely with Market Risk teams as well as Front-Office Strategy and Risk team to understand the materiality of the exposure. Participate to discussions between Risk and Business to define restructuring, novations and other actions to align exposures with current risk appetite levels.

o To foster innovation within the team and challenge existing processes and methodologies.

o To anticipate future change in market mechanics and regulatory framework and assess their impact on counterparty risk management.


The Junior Analyst will interact with Traders and Sales teams, Risk teams (Transactions Securitisation and Frameworks, Risk Corporates, Risk Institutionals, Market Risk, Risk methodologies) as well as IT teams, Front-Office Risk teams such as TRS Team (Trading and Risk Strategy).

Seeked profile

Qualifications :

Candidate Profile:

·  Solid computational skills required (R/Python, Excel, Access, VBA)

· The candidate should have a solid quantitative background with ideally a previous experience in a quantitative environment through a technical role (e.g. through market risk, counterparty risk).

· Excellent knowledge of derivatives, ideally across multiple asset classes.

· Ability to react quickly but precisely in high pressure trading situations with Front Office interactions.

· Strong interpersonal and communication skills (written and verbal) to further build the business / risk relationship and to clearly and concisely report the risk in a jargon-free way.

· Ability to work in a team and interact with multiple stakeholders of different technical backgrounds

· The candidate should be able to efficiently prioritise work and show resourcefulness in order to meet deadlines, whilst having the ability to react to changing priorities as markets move.

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About Bnp Paribas

Acteur majeur de BNP Paribas la Banque de Détail en France (BDDF) place la satisfaction client et la capacité d'innovation au cœur de son modèle commercial. Son dispositif commercial se compose d'Agences dédiées aux particuliers et entrepreneurs de Centres de Banque Privée de Centres d'Affaires Entreprises d'une Banque en Ligne et de Centres spécialisés en charge du Traitement des Opérations. Le réseau d'agences accompagne ses clients particuliers et professionnels dans leurs projets que ce soit en termes de banque au quotidien ou de projets plus complexes avec pour objectif de chaque instant leur pleine satisfaction.   Nous rejoindre c'est partager notre volonté de servir nos clients Vous suivrez une formation bac+5 et souhaitez travailler en conseil financier auprès d'une clientèle avertie ?  Dans le cadre d'une convention de stage de fin d'études nous vous préparons à devenir Conseiller Patrimonial   Le Conseiller Patrimonial est responsable de la gestion et du développement d'un portefeuille de clients particuliers et/ou professionnels. Il est l'interlocuteur privilégié en charge de leurs intérêts financiers juridiques et fiscaux.

2023 vacancies open at Bnp Paribas

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