Risk Graduate Analyst Programme London 2024

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 52 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Retail Banking & Services and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.

BNP Paribas Corporate and Institutional Banking is a globally recognised leader offering capital markets, securities services, financing, treasury and advisory solutions.

Department overview

In many respects, banking is the business of managing Risks. At BNP Paribas, our well-developed Risk management culture is based on a long-term perspective, a committed management, and a strong and independent Risk organisation led by RISK.

Created at the same time as BNP Paribas, RISK FUNCTION is today a global function present in five continents and at the forefront of Risk management through best-in-class expertise.

RISK is a global, integrated, and independent function.

RISK main missions

• Advise the Bank Management on the definition of risk policy;
• Contribute as a “second pair of eyes” to ensure that risks taken by the Bank are aligned with its policies;
• Report and Alert Bank Management on the status of risks to which the Bank is exposed.

Job summary & responsibilities

Risk Graduate Programme is a 2 year programme rotational programme after which you may apply to be an analyst at the bank.

Working in RISK you should expect to do any one of the following tasks:

Graduate roles include Risk Global Markets, RISK systems, ESG, Operational Risk, Cyber and Risk Governance and Controls. Details below are key but not exhaustive:

• Finance background or from a related field understanding or interest in investment banking
• Pragmatic approach to handle production processes and to deal with exceptions
• Classification : Internal
• Client focus: Understanding of customer service and provide client with appropriate solution
• Flexible and responsive approach due to exposure to numerous varied demands
• Problem solving approach and good intuition in risk measurement
• Good organisation and time management abilities
• Good communication skills, both verbal and written.
• Must be able to thrive under pressure and be result oriented.

Specific to RISK Global Markets, and ORM

• To proactively identify, analyse and review market and counterparty risk exposures
• To actively contribute to the definition of official market and counterparty risk policies
• To acquire a solid understanding of a wide range of complex transactions across all types of asset classes (Credit, Interest rate, FX, Repo, Equity, Commodity)
• To contribute to the valuation process and the valuation risk monitoring
• To gain awareness and participate in the Bank’s transversal strategic projects

Risk systems

• Data analysis: Analyse risk data quality and remediate to data issues.
• Risk controls and certification: Provide daily sign-off on main services (Risks, VaR, Limits…)
• Act as a second/third level production for Market and Counterparty Risk.
• Provide business support to users and act as second line/third line of support.
• Document operations processes when required.
• Contribute to build tools used for data analysis, data controls, monitoring and reporting.
• Contribute to the continuous Improvement of the operations.

Technical skills and qualification required for the role

• A preference for a Master’s degree such as Engineering, Financial Engineering, Finance, Maths, Sciences, Economics, Econometrics but related disciplines will be considered including non-technical subjects but an aptitude with finance will be vital.
• Proficiency with MS Office Tools, and an interest in developing practical solutions to data analysis problems by using more advanced solutions
• (R/Python)
• Some familiarity with financial products is an advantage (bond pricing, definition of Greeks (Delta/Vega/Gamma), concepts of option pricing) and is preferred.
• Exposure to banking regulation issues is an advantage but not a requirement.

Profile and skills to success

• Proficient written & oral communication
• Motivation and ability to work collaboratively as part of a global team.
• Curiosity and ability to learn quickly and being results driven.
• Capacity for critical thinking & express good judgement and a sense of
• responsibility.
• High degree of work ethics and exemplary conduct Competencies:
• Team work: Know how to work in a team and across teams
• Accuracy: Attention to details and quality of deliverables
• Languages: English is essential. French is preferred.

Conduct

• Be a role model, supporting and fostering a culture of good conduct
• Demonstrate proactivity, transparency and accountability for identifying and managing conduct risks
• Consider the implications of your actions on colleagues, partners and clients before making decisions, and escalate issues to your manager when unsure.

Our values

RISK is a good place to work because of the breadth of opportunities. With over 5000 employees worldwide and reflecting the overall BNPP group culture, RISK benefits from and encourages a diverse staff base with many different nationalities, cultures, levels of experience and academic backgrounds.

Our staff well-being is an integral part of the “people care” values within our group and this is reflected in our award-winning flexible benefits package, flexible working environment and general support for people’s health and well-being.

The culture fosters career longevity and internal mobility, while equally supporting new graduates and talents. Due to the varied mix of experience, fresh talents benefit from learning from long standing staff who are always happy to share and teach their extensive experience and wide breadth of knowledge. Highly comprehensive internal training courses and programmes targeted at developing talents at all levels complement the training on the job.

RISK employees also connect through strong employee networks (Multicultural, LGBT, Gender Balance, Disability, Diversity and Inclusion, Early Careers, Parents and Carers), social committees, sports and mentorship.