RISK MFI CCR Metrics Analyst

BNP Paribas
Singapore, Singapore
26 May 2023
25 Jun 2023
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 18,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships. .

Worldwide, BNP Paribas has a presence in 68 markets with more than 193,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.

* excluding partnerships

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.



Job Description - Main responsibilities

1. CCR (Counterparty Credit Risk) Exposure Monitoring

a. Excess Management

i. TMV (Trader/Marketer Violation): Validate TMVs pertaining to the Hub when an excess has been investigated, checked and recommended to be sanctioned.
ii. Manage post TMV communication and interaction with the FO and/or RISK/OPC teams for TMV related matters if/when needed
iii. Hold and animate regular meetings to review the list of excesses and closure status (pre-approved, post approved, etc.)
iv. Interact with the CCR Metrics team in Lisbon to guarantee the adequate excess management process and be responsible for managing/solving any Hub's specificities

b. Define, maintain and perform Exposure Enhancements Methodologies (EEMs)

c. Review and analyse the Potential Future Exposure (PFE) of all transactions under the following categories: trades not adequately represented in risk systems or for which the business needs support when simulating them, trades with counterparties already in excess and/or trades that trigger an excess when simulated

d. Ensure in coordination with the Lisbon team that adequate actions are taken in the Hub on the exceptions highlighted in the reports

2. Represent the CCR Metrics team for all topics related to the Hub

• Maintain strong communication with and provide on-going support to the Senior Credit Officers, Delegation holders and Credit Analysts in the Hub
• Participate as and when required in meetings, seminars, conferences and on-going or future projects which have a direct or partial impact on the CCR Metrics activities in the Hub
• Interact with the Business, CIB ITO 3C and other Functions, as they pertain to any CCR Metrics matters relevant to APAC hub

3. Management & Integrity of Risk Data

• Take appropriate actions in cooperation with data owners to resolve the structural source/systems issues having an adverse impact on risk data quality in the Hub
• Act as a single point of contact with Business and RISK teams in the hub to address data quality issues and coordinate corrective actions when needed

4. Regulatory/Audit requirements

• Contribute to requests and inspections from local regulatory bodies in APAC (notably the HKMA and SFC) and assist the CROs when required. Take responsibility for the implementation of action plans and follow up of audit/inspection recommendations.
• Support the BNP Paribas Securities (Asia) Limited's (BNPSAL) "Manager-In-Charge of RISK" as defined in the SFC Circular - "Circular to Licensed Corporations Regarding Measures for Augmenting the Accountability of Senior Management" dated 16 December 2016, and other relevant codes / guidelines issued by the SFC from time to time.
• Primarily responsible for contributing to the maintenance of appropriate standards of conduct and adherence to proper procedures by BNPSAL relevant to RISK
• Properly manage the risks associated with the business of BNPSAL, including when relevant and/or possible, performing periodic evaluation of its risk management processes relevant to RISK
• Be responsible for the adequacy and effectiveness of BNPSAL's internal control systems and operations relevant to RISK

Transversal Competencies

• Analytical Ability
• Ability to manage/facilitate a meeting, seminar, committee, training...
• Ability to develop and adapt a process
• Ability to understand, explain and support change
• Ability to develop and leverage networks

Specific Qualifications (if required)

• Bachelor's Degree in finance, economics, or a related field. A master's degree or relevant professional certification.
• Preferably 10 years of experience in risk management but with no less than 5 years in a Credit and Counterparty risk role.
• Proven experience in counterparty risk analysis within a financial institution, preferably in investment banking, commercial banking or asset management.
• Solid understanding of financial markets, products and instruments, including derivatives structured finance and fixed income securities.
• Strong analytical skills with the ability to interpret and investigate variations of risk metrics
• Excellent communication skills, both written and verbal, to present complex concepts clearly and concisely to various stakeholder.
• Ability to work under pressure, prioritize tasks, and meet deadlines while maintain high level of accuracy and quality.