Risk Senior Auditor - Lisbon or Porto

BNP Paribas CIB

About The Job

Within RISK, the Global Practice RISK Independent Review Committee (IRC) is in charge of the independent review of the credit, market, counterparty, insurance and operational risks as well as the RISK Operational Risk Control (ORC) function of RISK. Risk Independent Review (RISK IR) is the team responsible for the independent review of the risk measurement systems for the risks covered by RISK IRC. These reviews can take different forms (ex-ante / ex-post, driven by a regulatory objective or not, methodology / implementation) and are more or less exhaustive according to the subjects treated. The team Framework, Processes and Systems (FPS) is in charge of, among other things, the review of all the BNP Paribas Group's processes and information systems (central and local) contributing to the measurement of credit, market or counterparty risks. The topics covered are as follows
Information systems and data quality: data supporting the modelling and run of credit risk models (for example Probability of Default, Probability of Default and Exposure at Default), market (Value‑at‑Risk, Incremental Risk Charge) and counterparty (Effective Expected Positive Exposure)
Systems and processes dedicated to the production of the risk indicators and the computation of the Risk weighted assets
Internal and regulatory reporting: collection of risk data and production of reports, local and central processing during the reporting process
Reconciliation of accounting and risk data locally and centrally
Good application of the regulatory definitions and internal standards
Use of the internal rating systems
Governance and risk management

Your Main Activities Are

Guarantee applicability of regulatory standards, internal procedures, internal systems and compliance
Perform review and analysis works, assessing risks for all types of risk measurement systems on the reviewed perimeter
Perform in-depth independent reviews, in accordance with the following points:
Doing independent reviews of the risk measurement systems of the BNP Paribas group (any country)
Producing analyses related to the laws, regulations, procedures and existing practices
Controlling the quality of the monitoring systems of the main risk families
Issue high quality reports, requiring limited review from management and proposing action plans or recommendations to the concerned RISK departments and beyond: writing final reports; presenting the objectives of the review and its conclusions to the management; proposing remediation plans on the specific areas where weaknesses have been identified
Control recommendations and justifications supporting their closure
Comply with the Permanent Control Framework, defined within the team, and in accordance with the Group Procedures

Profile and Skills to Success

Master Degree in Economics / Finance / Accounting / Information Technology / Computer Science or related
At least 3 years of experience in Banking and Financial Operations / Risk and Controls / Audit
Advanced level of English, both written and oral
Knowledge in
IT Languages (R, Python)
Data Viz Blending Analytics SAS
Ability to synthetise / simplify
Analytical ability
The selected candidate can be based in Lisbon or Porto, according to its preference

Why joining BNP Paribas?

Leading banking institution

Leading player in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe

International reach

The Group holds key positions in several areas of banking and financial services that are structured around three operating divisions:

Corporate & Institutional Banking (CIB) connects companies needing financing and institutional clients looking for investment opportunities division that offers tailored financial solutions for corporate and institutional clients
Commercial, Personal Banking & Services (CPBS) brings together all our commercial banks and several specialised businesses heard
Investment & Protection Services (IPS) combines a unique continuum of products and services across protection, saving, investment and real estate including specialised businesses offering a wide range of savings, investment and protection services
Our presence in Portugal

In Portugal since 1985, BNP Paribas today has more than 9.220 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 centres of expertise providing value-added services to various countries where the BNP Paribas Group also operates.

Diversity and Inclusion commitment

BNP Paribas ´ambition Is To Cultivate An Open And Responsive Environment For All That Encourages Collaboration And Interaction. We Demonstrate Our Commitment By Actively Contributing To The Group’s Diversity And Inclusion Strategy And Goals, In Line With The United Nations Sustainable Development Goals. As Part Of Our Local Corporate And Social Responsibility – Diversity & Inclusion Strategy, BNP Paribas Portugal Is Committed To

Promote a fair and unbiased recruitment process and offer professional development opportunities to all employees
Celebrate diversity and advocate for inclusion, both externally and internally, encouraging employee’s participation, creating space for different voices to be heard.

To foster the effort of BNP Paribas Portugal, multiple initiatives and events take place throughout the year where our people can find out more on the importance of diversity inclusion at the workplace and in our society.

Remote Working Conditions

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working options adapted to our hybrid working environment. To ensure a comfortable and efficient working setup, eligible employees are provided with both office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional items at reduced prices.

Commitment towards work/life balance

Supporting employees in a hybrid way of working while providing them with the means to maintain a work-life balance is an essential dimension of our Smart Working program. At BNP Paribas, we care about our employees’ wellbeing and promote a culture of good integration between work and personal life.

To find out more on why you should join BNP Paribas please read our Employee Value Proposition and our Career path page.

Please note that only applications submitted in English will be considered.
In case you are selected for this role, further documentation will be requested to support your hiring process.