GROUP BNP PARIBAS
BNP Paribas Group is the top bank in the European Union and a major international banking establishment. It has close to 185,000 employees in 65 countries. In Spain we are more than 5,100 employees within 13 business lines.
RISK HUB
RISK is an integrated and independent control function of the BNP Paribas Group. It is the second line of defense on the risk management activities of the Group which are under its direct responsibilities, including credit and counterparty risk, market risk, funding and liquidity risk, interest rate and foreign exchange risks in the banking book, insurance risk, operational risk, and environmental and social risks.
RISK aims at being a partner of the businesses by contributing to their sustainable development, but also a gatekeeper to ensure risks taken remain compatible with the Groups Risk Appetite and its strategy.
RISK Iberian Hub Madrid is a transversal platform servicing the RISK Function by covering added-value activities around credit risk, market risk, operational risk and data protection. Offering a wide range of services to RISK teams, from consulting to cyber security going through data analysis, modelling or artificial intelligence.
ABOUT THE JOB
MISSION
The portfolio of IRBA models (credit risk) is a precious and strategic asset for the Bank and its risk management process. In return, it attracts high scrutiny from the European Central Bank (ECB) and requires a continuous performance monitoring, maintenance effort and regulatory changes watch.
The IRBA models portfolio, composed of PD, LGD and exposure models, treating all segments of Business (retail, corporate, institutions and sovereign exposures) is managed by an ecosystem of more than 100 teammates. This community is very international and spreads over France, Belgium, Italy, Luxembourg, UK, Spain and Portugal.
As IRBA Models Portfolio Coordinator, you will join a dynamic team of 4 teammates in close relationship with this community as you will:
Your contribution is instrumental as it facilitates ECBs approval of our models.
RESPONSIBILITIES
Your team belongs to RISK Models & Regulatory - Model Management (10+ senior experts) spread over France and Spain. Model Management Team has transversal mandates as the design of the multi-year modelling strategy, simulation of IRBA-model-related RWA impacts, ECB relationship and transversal project framing.
Within RISK, RISK Models & Regulatory designs "internal" models (used for both risk management and capital requirements measurements) and ensures their performance over time, while playing a watch tower role regarding regulatory changes.
BNP Paribas RISK Function (5 500+ employees in 50+ countries) is recognized for its excellence among its peers. RISK is an integrated and independent function, it covers all the risks of the Bank (credit, market, liquidity, operational, ESG risks). RISK is part of the control functions but is also a partner for Business Lines and helps them sustainably growing.
REQUIREMENTS
Studies
Experience
Languages
SKILLS
Technical
Transversal & Behavioral