Vice President – Risk Officer (Complex & Strategic Activities & Transactions)

Business Overview:

One of RISK Markets & Financial Institutions (“RISK MFI”) core mission is to provide a dynamic analysis of the market, credit/counterparty and model risks managed by the Global Markets activities within the Corporate & Institutional Banking division. This includes to proactively identify, analyze and monitor market and counterparty risk exposures, to contribute to the definition of the risk framework and to assist all levels of Management on risk-taking decisions.

Within RISK MFI, the Transaction Team is a transversal team that primarily covers new activities and exceptional transactions originated by Global Markets business lines (Equity, Rates, FX, Credit and Financing businesses). Team responsibilities include conducting holistic risk analysis (Market, Credit & Counterparty, Operational risks) on those strategic initiatives and representing the RISK department in approval committees.

Candidate Success Factors:

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

• Results and Impact
  • Able to influence peers and team.
  • Demonstrates good judgement when making decisions of high complexity and impact.
  • Exercise appropriate autonomy in the execution and delivery of work.
  • Responsible for driving outcomes, which have meaningful effect on team or department.
• Leadership and Collaboration:
  • Creates trust with colleagues.
  • Acts in leadership capacity for projects, processes, or programs.
• Client, Customer and Stakeholder Focus:
  • Able to build relationships with a mix of colleagues and clients.
  • Interacts regularly with management and department leaders.
  • Demonstrates the ability to influence stakeholders at the team level.
• Compliance Culture and Conduct:
  • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
  • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
  
  

Responsibilities:

The available position includes the following responsibilities:

• Represent the RISK function in approval committees for the validation of structured transactions and new activities initiated by Global Markets across the America’s platform (US and LATAM);
• Conduct quantitative and qualitative risk analyzes (market, liquidity and counterparty risks) for complex and strategic initiatives arising from the business lines (Equity, FX, Rates, Credit and Financing activities);
• Involvement in the decision making process by providing a formal RISK opinion, issuing risk recommendations and proposing risk mitigation strategies;
• Coordinate and interact with other RISK expert teams (Market Risk, Model Risk, Credit Risk…) to review and address specific issues such as booking, risk limits, reserves, valuation, risk quantification and monitoring;
• Ensure the new initiatives are consistent with the Bank risk appetite/strategy and follow-up the implementation of the risk frameworks;
• Intervene in other transversal risk topics under the Team responsibility (e.g. Electronic Trading …).

Minimum Required Qualifications:

• Bachelor’s degree in Mathematics / Finance / Economics / Engineering;
• 3 years+ in Risk Management areas (Market Risk / Counterparty Risk) or Trading/Structuring Front-Office roles;
• Good understanding of market and counterparty risks originated from derivatives and securities financing transactions;
• Sound knowledge of capital market instruments over various assets classes;
• Strong communication skills and collaborative mindset.

Preferred Qualifications:

Other qualifications include:

• A Master’s degree would be considered favorably;
• Understanding of quantitative risk measures and related risk modeling / methodologies.
• Ability to work under pressure and complete projects on time;
• Knowledge of regulatory rules relative to capital market products.

FINRA Registrations Required:

• Not Applicable

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

• Not Applicable

SEC Security-Based Swap Dealer Associated Person:

• Not Applicable

The expected starting salary range for this position in New York is between $145,000 to $194,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. In the United States, BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

The bank employs nearly 6,000 people and has a presence in the country since the late 1800s in major cities including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver and Washington, DC.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Primary Location

Job Type

Job

Schedule