The mission of RISK Global Markets ("RISK GM") is to provide Senior Management of the Group, of the RISK Function and of Global Markets with full transparency and dynamic analysis of the Market, counterparty, valuation and liquidity risks managed by CIB Global Markets.
Risk Global Markets key missions are :
Ensure high quality day-to-day management of all the market, counterparty and liquidity risks of GM
Anticipate on events and identify emerging risks
Advise Global Markets in a business minded but independent way on the quality of their risk raking and management
Help Global Markets Management assess and adjust their risk profile in line with their objectives and constraints
Make the risks of GM portfolios as transparent as possible and advise GM Management in order to help them make informed decisions
Ensure the Bank complies with the existing regulatory requirements at all times, and anticipate on the upcoming ones
The position available within the North Asia RISK GM team will spam over the existing market risk team and the CFR team (counterparty risk) team.
The analyst will contribute to the coverage of the Credit and Equity derivative trading activities in APAC, as well as lead the coverage of the PS&F business lines (Bond repo, Equity lending / borrowing) under the remit of the CFR team.
Scope : Equity Derivative, Credit Trading, Prime Solutions & Financing (PS & F)
Market risk analysis and closely monitoring of the relevant financial markets
Ensure the compliance of covered business lines with their allocated market risk limits
Regular analysis of positions, proper identification and monitoring of the risks borne by the trading books
Contribute to the valuation of BNP Paribas books for the covered activities at month end
Analyze and measure any market risks, with all types of tools, like VaR, or stress testing and report the main findings through the appropriate channels of communications
Developing to use experience for proactive risk management and more anticipatory analysis
The candidate will be in direct contact with FO trading, participating to meetings and managing the relationship with Trading on a day to day basis.
The candidate will also naturally work with a variety of team within RISK, and outside of RISK such as TRS, S&R, V&RC, Finance, MO.
Measure and monitor these risks, develop monitoring tools, and report to Business and Senior Management
Proactively asses positions, analyse large P / L evenets and identify / quantify new risks
Participate in developing tools for the limit framework / monitoring / Assist in the definition, review and implementation of limits and ensure they are well monitored and reported in systems
Build a solid understanding of main business risks. Create tools to help develop intuition for what are the main risks and their drivers, as well as how to address them
Risk Anticipation New Trades / Activity approvals Review and approval of valuation and official risk management models and methodologies Stress testing :
Develop, compute and analyse market and liquidity stress-test scenarios
Regularly review and update stress testing scenarios
Ensure compliance with relevant regulations in the risk area Ensure good coordination on global projects with the region (HK) and the central teams in London Innovation : Technical & Behavioral Competencies
4 years + of experience in market risk and good understanding of counterparty and liquidity risks
Solid computation skills required (R / Python, Excel, Access, VBA)
The candidate should have a solid quantitative background with ideally a previous experience in a quantitative environment through a technical role (e.
g. through market risk, counterparty risk)
Excellent knowledge of derivatives, ideally across multiple asset classes
Ability to react quickly but precisely in high pressure trading situation with Front Office interactions
Strong interpersonal and communication skills (written and verbal) to further build the business / risk relationship and to clearly and concisely report the risk in a jargon-free way
HK-Hong Kong (HK) Standard / Permanent RISKS Education Level Bachelor Degree or equivalent (3 years) Experience Level