RISK BCEF Model Design Senior Risk Modeling Analyst
Join to apply for the RISK BCEF Model Design Senior Risk Modeling Analyst role at BNP Paribas CIB.
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.
About the Job
Mission: Within the RISK Madrid Hub of CPBS (Commercial, Personal Banking & Services), you will join the RISK BCEF Model Design team. As the RISK Model Design Senior Quant, you will develop credit regulatory risk models for BCEF (PD, LGD, LGD in-default, EAD-CCF), in collaboration with the RISK BCEF Model Design teams in Paris, Bordeaux and Madrid, Business and IT teams of BCEF, and Group Risk teams (LoD1 and LoD2). You will work on various current credit risk and regulatory issues at the heart of banking within the largest entity of CPBS. You will gain a strong understanding of credit risk modelling, banking regulation (CRR3, EBA Guidelines – LOM, NPE-FBE, etc.), and the data challenges within BCEF and RISK BCEF.
Responsibilities
* Coordinate contributions from RISK BCEF and BCEF on these projects.
* Write documentation for these initiatives.
* Actively participate in internal audits and supervisory reviews.
* Analyze the results of backtesting exercises.
* Engage in discussions with RISK CPBS and RISK Models & Regulatory teams.
About the Team
RISK is a global function within the BNP Paribas Group, with risk experts distributed across five continents. Its mission is to ensure the management of the Bank’s risks for General Management, in compliance with its policies, desired market ratings, and profitability objectives. Areas of intervention include credit risk – Corporate & Retail, market and counterparty risk, refinancing and liquidity risk, and operational risk. You will join a new team composed of three people. You will functionally report to the Head of Model Design and the Head of Transversal Solutions team at BCEF.
Requirements
* Master’s degree in Data Science, Statistics or Quantitative Finance.
* Professional experience: minimum 4/5 years in Risk/Finance or Audit/Assurance services within banking sector.
Languages
Fluent communication in English (oral & written). Speaking French is a plus.
Skills
* Knowledge of credit risk concepts and prudential framework – Basel III and Standard and IRBA approaches.
* Experience with SAS, Python and/or R.
* Strong analytical and problem‑solving skills.
* Solid adaptation skills and positive team spirit.
* Behavioral skills: autonomy, curiosity, proactivity, analytical and synthesis skills, team spirit. Your communication and organizational abilities will be key assets for success in this role.
* Ability to work under tight deadlines.
* Ability to adapt to changing environments.
Benefits
* Training programs, career plans and internal mobility opportunities, national and international thanks to our presence in different countries.
* Diversity and Inclusion Committee that ensures an inclusive work environment.
* Corporate volunteering program (1 Million Hours 2 Help) in which employees can dedicate time out of their working hours to volunteer activities.
* Flexible compensation plan.
* Hybrid telecommuting model (50%).
* 32 vacation days.
Diversity and Inclusion Commitment
BNP Paribas Group in Spain 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.
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