Associate-DEC/FXPB Risk Officer

Duties

• Monitor and manage exposure of BNP counterparty risk.
• Oversee intraday monitoring of client activity.
• Point of escalation for remediation and approval of activity in relation to business risk limits.
• Daily review of client margin calls.
• Analyze both prospective and existing clients’ portfolios.
• Conduct analysis for prospective portfolios in terms of required margin, product composition, PFE/VaR exposure, and portfolio stress test exposure.
• Work with Sales to discuss with clients and understand trading strategy/key client information to assess client opportunities.
• Conduct and review client profitability analysis as it pertains to regulatory requirements/costs (LE, RoLE, RWA).
• Help resolve client margin call disputes.

Job Requirements

• Bachelor's / US or Foreign Equivalent in Mathematics
• Three (3) years of experience in a large bank specifically within Risk Management.
• Three (3) years of experience with:
• Financial Mathematics & Risk Modeling (PFE, EPE, VaR, Stress Test, Scenario Specific)
• Product Knowledge, In Depth knowledge and understanding of the derivatives markets (ETD, OTC, FXPB) Across Financial (Equity, FX & IR) and Commodity Markets
• Experience in market and/or counterparty risk management
• Programing/Technical Background (VBA and Python)
• Regulatory and Capital Framework and Understanding (RWA, SACCR, and GSIB)
• Legal and Collateral Frameworks (FX PBA, CSA, and ISDA)
• Series 3 (National Commodity Futures), Series 7TO (General Securities Representative), SIE (Security Industry Essentials) and Series 63 (Uniform Securities Agent State Law).

Benefits

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.