Senior credit officer (counterparty risk) (madrid)

🔎 Ready to own credit decisions for high‑risk regulated funds across EMEA?

💼 Want to influence BNP Paribas’ risk appetite and drive robust credit governance?

🌍 Looking for a general, flexible role that blends analysis, stakeholder engagement and transformation?

📘 INDEX

1️⃣ Who we are

2️⃣ Mission

3️⃣ What you’ll do

4️⃣ What you’ll bring

5️⃣ Our perks

6️⃣ About BNP Paribas

👥 WHO WE ARE

We are the Credit & Counterparty Risk team of RISK MFI, part of BNP Paribas’ global Risk function. Our mandate is to oversee credit decisions and counterparty exposures for institutional clients, hedge funds and market infrastructures across EMEA. Based in Madrid, we work closely with Relationship Managers, Credit Officers and RISK teams worldwide.

🚀 MISSION

As a Senior Credit Analyst, you will manage the full credit decision process for regulated funds, including high‑risk portfolios. You will ensure rigorous risk oversight and align decisions with BNP Paribas’ policies. Your analyses will shape the bank’s risk‑appetite framework and support regulatory compliance across the EMEA region.

📋 WHAT YOU’LL DO

- Exercise credit delegation according to the scheme, co‑chair Credit Committees and escalate when higher authority is needed.
- Approve policy exceptions, guarantee application of Bank procedures and supervise collateral and legal terms.
- Conduct or request due‑diligence, provide expert support to RISK teams and produce synthetic credit risk analyses.
- Monitor risk exposures, design stress‑tests and flag emerging credit or counter‑party issues.
- Contribute to regulatory reporting, risk‑appetite definition and transformation projects (IT, regulation, methodology).

🧩 WHAT YOU’LL BRING

- Master’s degree (MSc) in Finance, Economics, Engineering or related field.
- Minimum 10 years of credit/counterparty risk experience, preferably in a large banking environment.
- Proven track record of managing credit delegations, leading committees and delivering comprehensive risk assessments.
- Strong analytical skills and deep knowledge of investment funds, banking products and derivatives.
- Excellent English communication; French is a plus.
- Advanced proficiency in Microsoft Office (Excel, PowerPoint, Word) and ability to work under tight deadlines.
- Proactive, adaptable, organized and capable of influencing senior stakeholders.

🎉 OUR PERKS

- Global training programmes and clear career‑development pathways.
- Active Diversity & Inclusion committees and employee networks (PRIDE, We Generations, MixCity).
- Corporate volunteering initiative (1 Million Hours 2 Help) with paid volunteer time.
- Flexible compensation and hybrid working model (up to 50 % remote).
- 32 vacation days and international mobility opportunities.

Learn more about our inclusive culture: Diversity, equality and inclusion | BNP Paribas.

🌐 ABOUT BNP PARIBAS

We are BNP Paribas, a leading European bank present in 64 countries with more than 178,000 professionals. Our three pillars – Domestic Markets, International Financial Services and Corporate & Institutional Banking – serve individuals, SMEs and corporations worldwide. We combine strong risk governance with innovative solutions, helping clients achieve strategic objectives while promoting sustainability and diversity.

📣 APPLY NOW!