Job Description
BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 1++ 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 24x7 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 :
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.
Job Title:
RISK_Technical_Role L2
Date:
Department:
RISK
Location:
ISPL
Business Line / Function:
RISK
Reports to:
(Direct)
Akash SHARMA
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
None
Directorship / Registration:
NA
Position Purpose
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 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
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/Business Support experience.
• Awareness Market and counterparty risk
• 2-7 years of IT application support experience
Technical & Behavioral Competencies
Specific Qualifications (if Required)
Technical Qualification
• Experience leading production support team
• 0-3 years’ experience in hands-on application support lead/manager role
• Proven working experience of atleast 7 years in production support.
• Experience with working in an ITIL environment
• Ability to multi-task, work under pressure & to tight deadlines
• Self-motivated and highly professional with ability to lead and take ownership and responsibility
• Team player with strong interpersonal, oral and written communication skills.
• Hands-on experience in Unix/Linux systems and Shell or Python scripting.
• Hands-on experience in SQL.
• Experience of Java would be an added advantage.
• Knowledge of Capital Market or Market Risk and Credit Risk would be an added advantage.
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
• 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)
Ability to collaborate / Teamwork
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 adapt a process
Ability to anticipate business / strategic evolution
Ability to develop and leverage networks
Education Level:
Bachelor Degree or equivalent
Experience Level
At least 2-7 years
Other/Specific Qualifications (if Required)
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 1++ 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 24x7 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 :
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.
Job Title:
RISK_Technical_Role L2
Date:
Department:
RISK
Location:
ISPL
Business Line / Function:
RISK
Reports to:
(Direct)
Akash SHARMA
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
None
Directorship / Registration:
NA
Position Purpose
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.
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
💡 Quick Summary
Seeking a career-building opportunity? The Technical Expert For Counterparty RISK Team position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai, offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
