Prime Brokerage Risk

Employment contract:

Standard / Permanent

Location:

Mumbai, Maharashtra, India

Job/mission:

CUSTOMER RELATIONSHIP MANAGEMENT

Reference:

CIB008182

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

 

About BNP Paribas Group:

 BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability

 

 

Commitment to Diversity and Inclusion:

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.

 

About Business line/Function :

Prime Solutions and Financing (PS&F) business leverages the banks experienced global team with in-depth market knowledge to provide execution, clearing and financing solutions across asset classes to both Institutional and Hedge fund clients. The Risk Management function within PS&F manages the client financing risk for the business across regions.

 

Job Title:

 Associate/Associate Level 1

Date:

 2023

Department:

 Prime Services 

Location:

 Mumbai

Business Line / Function:

 Global Prime Finance

Reports to:

(Direct)

 Lead

Grade:

(if applicable)

 NA

(Functional)

 

Number of Direct Reports:

 NA

Directorship / Registration:

NA

Position Purpose

The Risk Management team manages the portfolio risk for the business and the amount of leverage that we can offer clients. The team works in close collaboration with other functions within the business (such as sales, securities lending, client management) and with transversal teams such as Credit Risk and Market Risk – 2nd Line of Defense teams. The team in Mumbai will support the desk in effectively managing the client financing risk for the business. Specific responsibilities are listed below.

Responsibilities

  1. Assess, monitor and review portfolio risk; look for changes in strategies/asset mix in client portfolios and identify drivers, trends etc.
  2. Liaise with the Credit and Market RISK teams in understanding and enhancing the stress methodologies, implement the methodologies in front office risk tools, coming up with various scenario analysis etc.
  3. Automation tools for risk monitoring; analyzing internal and external client performance, crowding metrics across various dimensions; manage/execute adhoc projects for the risk team.
  4. Generate accurate risk summaries at position/client account/regional and global level for risk monitoring.
  5. Analyze major swings in client portfolio and escalate them to management.

 

Technical & Behavioral Competencies

  1. Graduate degree in mathematics or engineering with strong analytical skills. Knowledge of finance is a bonus.
  2. Experience in Python programming, SQL and analytical tools (Tableau etc.) is essential.
  3. Excellent communication skills, show initiative to engage with teams spread across regions.
  4. Attention to detail, ability to raise problems immediately to the broader team when necessary
  5. Experience in Statistics, Data Science would be beneficial.

 

 

 

Skills Referential

 

 

Behavioural Skills:

 

 

Ability to collaborate / Teamwork

 

 

Critical thinking

 

 

Communication skills – oral & written

 

 

Attention to detail / rigor

 

 

Transversal Skills:

 

 

 

Analytical Ability

 

 

Education Level:

Bachelor Degree or equivalent

 

 

Experience Level

At least 1 year

 

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

 

About BNP Paribas Group:

 BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability

 

 

Commitment to Diversity and Inclusion:

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.

 

About Business line/Function :

Prime Solutions and Financing (PS&F) business leverages the banks experienced global team with in-depth market knowledge to provide execution, clearing and financing solutions across asset classes to both Institutional and Hedge fund clients. The Risk Management function within PS&F manages the client financing risk for the business across regions.

 

Job Title:

 Associate/Associate Level 1

Date:

 2023

Department:

 Prime Services 

Location:

 Mumbai

Business Line / Function:

 Global Prime Finance

Reports to:

(Direct)

 Lead

Grade:

(if applicable)

 NA

(Functional)

 

Number of Direct Reports:

 NA

Directorship / Registration:

NA

Position Purpose

The Risk Management team manages the portfolio risk for the business and the amount of leverage that we can offer clients. The team works in close collaboration with other functions within the business (such as sales, securities lending, client management) and with transversal teams such as Credit Risk and Market Risk – 2nd Line of Defense teams. The team in Mumbai will support the desk in effectively managing the client financing risk for the business. Specific responsibilities are listed below.

Responsibilities

  1. Assess, monitor and review portfolio risk; look for changes in strategies/asset mix in client portfolios and identify drivers, trends etc.
  2. Liaise with the Credit and Market RISK teams in understanding and enhancing the stress methodologies, implement the methodologies in front office risk tools, coming up with various scenario analysis etc.
  3. Automation tools for risk monitoring; analyzing internal and external client performance, crowding metrics across various dimensions; manage/execute adhoc projects for the risk team.
  4. Generate accurate risk summaries at position/client account/regional and global level for risk monitoring.
  5. Analyze major swings in client portfolio and escalate them to management.

 

Technical & Behavioral Competencies

  1. Graduate degree in mathematics or engineering with strong analytical skills. Knowledge of finance is a bonus.
  2. Experience in Python programming, SQL and analytical tools (Tableau etc.) is essential.
  3. Excellent communication skills, show initiative to engage with teams spread across regions.
  4. Attention to detail, ability to raise problems immediately to the broader team when necessary
  5. Experience in Statistics, Data Science would be beneficial.

 

 

 

Skills Referential

 

 

Behavioural Skills:

 

 

Ability to collaborate / Teamwork

 

 

Critical thinking

 

 

Communication skills – oral & written

 

 

Attention to detail / rigor

 

 

Transversal Skills:

 

 

 

Analytical Ability

 

 

Education Level:

Bachelor Degree or equivalent

 

 

Experience Level

At least 1 year