About the job
- As part of Financial Institutions Coverage within Global Banking, Institutional Credit Analysts Team is in charge of the credit approval processes of all institutional clients, intragroup entities, sovereigns, and market infrastructures.
- In this domain the FIC-ICAT Financial Institutional Team is responsible for completing the credit analysis for financial institutions and 2S clients (including due diligence when necessary), in particular, ensuring that credit analyses and recommendations are provided in due time for Banks, Insurances, Sovereigns, Brokers, other non-banks financial institutions, pensions funds, funds, hedge funds, regulated funds, funds of hedge funds, agency arrangements and asset managers.
Your Main Activities Are
- Analyze one-off requests and formalize recommendations to Delegation Holders for banks
- Analyze the structure, covenants and risk mitigants of the contemplated facility
- Assess the creditworthiness of counterparties based on the information available from BNPP´s Systems
- Assess risk appetite in terms of amount and tenor and present the recommendation to the RISK Delegation Holder
- Manage & record credit decisions for Trade & Fronting
- Notify credit decisions to Business lines and credit stakeholders by email
- Record the approval and transaction in the trade/fronting inventory and book the facility in the RISK I2S workflow tool based on defined thresholds
- Prepare draft minutes and submit to the Delegation Holder through the RISK I2S workflow tool
- Archive and classify credit approvals in paper format
- RISK Monitoring and Reporting
- Continuously monitor the portfolio of counterparties, jointly with Credit Risk Control, monitoring excesses, anticipating risks, and detecting any credit issues that may require a specific review.
- Contribute to periodic and ad-hoc portfolio review and risk reporting for counterparties under scope.
- Ensuring that the counterparty data management is conducted well, namely on-boarding, collection of documents, and commensurate limits update.
Profile and Skills to Success
- Bachelor (or higher) in Economics, Finance or any related fields
- Great communication skills with fluency in English both oral and written
- Critical thinking with the ability to develop and adapt a process
- Analytical ability with an innovative problem solving approach
#LI-Remote
Why joining BNP Paribas?
- Leading banking institution
BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.
- Our presence in Portugal
In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Group’s 10 business entities established in the country. Its presence also extends to 11 excellence centers providing value-added services to various countries where the BNP Paribas Group also operates.
- International reach
Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions:
- Retail Banking, a division that brings together all of the Group’s retail activities and specialised business lines;
- Investment & Protection Services that include specialised businesses offering a wide range of savings, investment and protection services;
- Corporate & Institutional Banking division that offers tailored financial solutions for corporate and institutional clients.
- Diversity and Inclusion commitment
BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
- Commitment towards work/life balance
At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.
- Remote Working Conditions
At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices.
To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal
* Please note that only applications submitted in English will be considered.
* In case you are selected for this role, further documentation will be requested to support your hiring process.