Join to apply for the IRBA Models Portfolio Coordinator role at BNP Paribas CIB
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Join to apply for the IRBA Models Portfolio Coordinator role at BNP Paribas CIB
GROUP BNP PARIBAS
BNP Paribas Group is the top bank in the European Union and a major international banking establishment. It has close to 185,000 employees in 65 countries. In Spain, we are more than 5,100 employees within 13 business lines.
RISK HUB
RISK is an integrated and independent control function of the BNP Paribas Group. It is the second line of defense on risk management activities, including credit and counterparty risk, market risk, funding and liquidity risk, interest rate and foreign exchange risks in the banking book, insurance risk, operational risk, and environmental and social risks.
RISK aims to be a partner to the businesses by contributing to their sustainable development, and a gatekeeper to ensure risks taken remain within the Group’s Risk Appetite and strategy.
RISK Iberian Hub Madrid services the RISK Function with activities around credit risk, market risk, operational risk, and data protection, offering services from consulting to cybersecurity, data analysis, modelling, and AI.
About The Job
MISSION
The IRBA models (credit risk) portfolio is a strategic asset for the Bank and its risk management, attracting high scrutiny from the ECB, requiring continuous performance monitoring, maintenance, and regulatory updates.
The portfolio includes PD, LGD, and exposure models across all segments, managed by a diverse team across Europe.
As IRBA Models Portfolio Coordinator, you will join a team of 4, working closely with this community to:
1. Coordinate multi-entity model development and remediation involving all Business Lines
2. Support remediation plan design based on supervisor obligations analysis
3. Foster transversality, facilitate knowledge sharing within the community
4. Ensure harmonized modelling choices and ECB submissions across the Group
5. Contribute to annual ECB stocktake exercises, advising on model change priorities
Your role is key in facilitating ECB model approvals.
Responsibilities
Your team is part of the RISK Models & Regulatory - Model Management, comprising over 10 senior experts across France and Spain. This team is responsible for designing multi-year modelling strategies, simulating RWA impacts, managing ECB relations, and overseeing regulatory compliance.
The RISK Models & Regulatory team develops internal models for risk management and capital measurement, ensuring their ongoing performance and compliance with regulatory standards.
BNP Paribas RISK (over 5,500 employees worldwide) is recognized for excellence, covering all risk types and supporting sustainable growth of the Bank.
Minimum Requirements
* Master’s Degree in finance, risk, data science, statistics, or economics
* At least 7 years experience in credit risk modelling, including risk parameters like PD, LGD, EAD/CCF, etc.
* Fluent in English; French is a plus
Skills
* Strong project management and analytical skills
* Ability to foster consensus and work transversally
* Attention to detail, rigor, adaptability, autonomy, team spirit
Benefits
* Training, career development, and international mobility opportunities
* Diversity and inclusion initiatives
* Corporate volunteering, flexible compensation, hybrid work (50%), 32 days vacation
BNP Paribas is committed to diversity and equal opportunity employment, fostering an inclusive environment free from discrimination based on age, disability, gender, race, religion, or sexual orientation.
Senior Level
* Mid-Senior level
Employment Type
* Full-time
Job Function
* Management and Manufacturing
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