Associate – ALMT RSM (Risks, Standards & Monitoring)

Business Overview: 

ALM Treasury is a Transversal Activity within BNP Paribas Group. ALM Treasury has three operational responsibilities and two prudential mandates. The three operational responsibilities are the management of the Group’s liquidity position, the management of the interest rate risk in the banking book (IRRBB) and the management of the foreign exchange risks. The prudential mandates refer to the liquidity risks linked to the Group’s profile and geographical presence, for which ALM Treasury exercises a responsibility similar to a Group function. ALM Treasury’s mandates consist in assessing the liquidity risks of the Group and protecting the Group’s signature. 

ALM Treasury North America (ALMT NA) overviews the Combined US Operations (CUSO) and the Canadian activities. The CUSO of BNP Paribas includes the US branches and the Intermediate Holding Company of the Group (and its subsidiaries). 

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:  

• Monitor and interpret regulatory changes regarding liquidity and interest rate risks management, and use quantitative methods to evaluate their impact on the Bank’s position and strategy. 

• Apply data analysis and AI/ML techniques to identify patterns and trends in balance sheet and product data, and propose innovative solutions to optimize risks’ management framework. 

• Support the team in the development and validation of risk management proposals, using quantitative models and simulations to support decision making and present results to senior stakeholders and risk committees. 

• Ensure timely and accurate implementation of the approved changes, in coordination with ALMT Liquidity and Rates Metrics and RISK ALMT teams. 

• Maintain and improve documentation of models, limits, and procedures, striving to automate and streamline processes where relevant. 

• Continuous monitoring of several topics during the year, such as the internal classification of new counterparties or new securities, which affects their treatment in the liquidity metrics – and often requires interpretation beyond the existing rules. 

• Analyze regulations and public data sources using data mining and quantitative methods to benchmark the Bank’s position against its peers and identify areas of improvement. 

Minimum Required Qualifications: 

• Undergraduate degree or equivalent experience with a strong quantitative component 

• Strong programming skills in a modern programming language (e.g., Python) 

• Experience in all stages of data science: mining, analysis, and visualization 

• A creative mind combined with strong problem skills to design elegant yet effective risk management solutions 

• Excellent verbal and written communication skills with a talent to explain complex concepts in a simple yet comprehensive manner 

• Ability to work well with others in a fast-paced environment 

Preferred Qualifications:  

• 3 to 5 years’ experience in financial services 

• Master’s degree in engineering or other math majors 

• Hands on experience in AI/ML models 

• We value diversity and inclusion and encourage candidates from all backgrounds and experiences to apply. We are looking for a motivated and talented individual who can learn and grow with us. If you have a passion for AI/ML and financial services and some of the relevant skills, we would love to hear from you 

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