Counterparty Risk Management Information Manager - Vice President

at  BNP Paribas

JOB PURPOSE & SCOPE

• Purpose: working on the analysis and reporting of counterparty credit risk (CCR) in line with the team’s mission statement.
• Scope: Global responsibility in line with MI CCR’s team mandate (i.e. across all activities and regions).

KEY RESPONSIBILITIES

• Participate in the production and review of the management information framework, while working in coordination with other members of RISK and Metiers. The candidate will be responsible to analyse and explain metrics such as Current Exposure (CE), Potential Future Exposure (PFE), Credit Valuation Adjustments (CVA), stress tests, initial margin, liquidation cost.
• Coordinate and prepare the material discussed during the main risk committees within the MI CCR scope (e.g. FMRC, Main Positions forums for CCR such as the Hedge Funds and Regulated Higher Risk Funds Main Positions or Global and FI CCR Main Positions) including key highlights or focus papers in order to meet management needs. Identify key risks for advance discussion and take ownership of assigned sections with limited need for guidance / roadmaps.
• Manage the production of other relevant / on demand reports to the Board and to Group, Businesses and RISK Management, as well as requests from ratings agencies, regulators and auditors. Taking end to end ownership of elements.
• Review the quality and efficiency of work within the team and evaluates business and industry trends to formulate recommendations to improve services that align with best practice, ongoing organisational strategies and legislative requirements. Contribute to the development and establishment of appropriate reporting and monitoring standards (e.g. NBFI).
• Manage relationships with key stakeholders across RISK department, Business and / or externally to ensure that a high quality integrated service is provided on time. Participate to current and future initiatives on CCR and assist with the delivery of small-scale projects or well-defined tasks on major projects within the RISK function (e.g. CCR Sales Dashboard).
• Influence and support members of the team by leading in decision making and approach where problems are more complex and require sophisticated analysis or experience. Act as a point of escalation for more junior staff.
• Contribute to process improvement and innovation efforts by further develop / automate tools and processes (industrialization) that quantify, explain and convey risk insight, to expand and streamline analysis being performed today at different levels of aggregation across the bank.
• Support the wider RISK MFI MI team through contribution to various global risk analysis topics.