GROUP BNP PARIBAS
The Iberian Peninsula IG Hub is a team of auditors covering BNP Paribas Group entities operating in Spain and in Portugal, countries where BNP Paribas develops both domestic business activities and large outsourced service centers. The hub intends to develop a practice for auditing IT activities operated in the Iberian Peninsula and from time to time, for supporting other IT audits over the EMEA region.
In this respect, the Iberian Peninsula IG Hub looks for an IT Auditor with a strong IT knowledge and experience in order to participate to IT audit assignments. Knowledge in the fields of Cybersecurity and IT Audit will represent an additional advantage.
The IT Auditor will report directly to the Head of IT Assignment and will be functionally part of the worldwide IT Audit Line.
• Contribute to the planning and preparation of the assignment e.g. understanding the methodology to be applied, acquiring a deep knowledge of the activities to be covered, understanding the detailed technologies, gathering relevant key figures, etc.
• Develop a thorough understanding of the activities within the scope of the assignment, its strategy and governance, and the related risks.
• Evaluate the overall setup and identify the main areas of risk (including a comprehensive assessment of the management actions).
• Execute detailed investigations leveraging on a strong technical knowledge in various IT systems (Databases, Operating systems Linux/Windows, Cybersecurity/Network security, Virtualization, containerization, Cloud Computing and related risks).
• Leverage on adequate programming languages and scripting to perform efficient investigations by automating analysis.
• Ensure the adequate learning and understanding of the standard IT solutions used in the IT infrastructure and production, Cybersecurity management in order to analyze adequately their configuration and be able to identify and raise potential risks.
• Recommend appropriate actions to the management in order to remediate the identified weaknesses.
• Formalize the results of the assignment investigations and contribute to the production of the assignment deliverables.
• Present the conclusions of the assignment fieldwork to the senior management.
2) Review the implementation of the Inspection Générale IT recommendations:
• Review and challenge the actions defined to remediate the weaknesses identified by the audit team through its assignments.
• Ensure the adequacy of the answers to address permanently the gaps following accurately the recommended actions.
• Perform relevant control testing to ensure the proper implementation of the actions.
3) Contribute to the periodic risk assessment of IT activities and planning:
• Perform a periodic and comprehensive risk assessment of the IT activities as per the Group guidelines.
• Keep abreast of change/new development of regulatory requirements that are relevant to IT activities and related functions.
• Assist in the elaboration of the IT audit planning following a risk-based approach.
• Contributing Responsibilities
• Contribute to the improvement of the Inspection Générale practices through the elaboration and update of our methodologies.
- Studies
• Possess a Bachelor’s / Master’s Degree in Information Technology/ Management Information System / Computer Science and related discipline;
• Professional Qualification/Certificate in Audit, e.g. CISA, CISSP, CISM, CCSP is a plus.
- Experience
Not less than 3 years of experience in external auditing / internal auditing / IT / risk / compliance / internal control / operations in the financial services industry.
- Languages
- English (fluent);
- Spanish (sufficient level or one to be necessarily acquired);
- French or Portuguese (if possible).
- Technical
- IT Audit practices;
- Strong technical background in IT activities notably IT Development and Maintenance, IT Security and namely Cybersecurity, and IT Continuity;
- Transversal & Behavioral
- Analytical skills;
- Ability to synthetize and present things in a way understandable to non-IT readers;
- Ability to promote a constructive, cooperative teamwork environment.
ROUP BNP PARIBAS
BNP Paribas Group is the top bank in the European Union and a major international banking establishment. It has close to 185,000 employees in 65 countries. In Spain we are more than 5,100 employees within 13 business lines.
Infinity Finance HUB
BNP Paribas EMEA Finance employs 500 employees, of which more than 325 are based in Madrid. We manage more than 250 BNP Paribas entities from all over Europe, covering +60% of Group’s balance sheet and all group’s banking activities (Corporate & Investment Banking, Retail Banking, Personal Finance and other financial services activities…).
Our mission is to measure, control and explain all the financial indicators required to monitor accounting, tax, regulatory, liquidity, credit risk reporting and management result activities.
ABOUT THE JOB
MISSION
About Finance EMEA
Our mission is to measure, control and explain all the financial indicators required to monitor accounting, tax, regulatory, liquidity, credit risk reporting and management result activities. Our team members can build a strong competence on all aspects of banking activities (retail, investment banking and capital markets), building a 360° vision through their career path..
About BNP Paribas’s Infinity Platform
SMS BP Madrid is hosted by the Infinity Platform which purpose is to propose services that cover the whole financial dimensions: accounting production activities, reporting, control, transformation projects and IT
RESPONSIBILITIES
Accounting & Control Functions
With a transversal role and providing support to SMS BP SPOCs, he/she will be in charge of:
? Act as MPOC (main point of contact) between other teams (Back Offices, Data Quality, TRUST, 2LOD, OPC, Transformation, FIP/Migrations), to assure correct communication and fluent solutions to the topic raised; and he/she will oversee all transversal topics linked main tools to assure quality of certification:
? Manage in an harmonized way the oversight of first level one control of upstream teams (BO, risk, etc.) for all entities & the first level of control of finance, construct and review the SMS certificate toward Control team (second level of defence). Ensure the oversight of accounting controls performed by Banking Products Operations based on their monthly control results & quarterly sub-certification
? Follow up the balance in transit and suspense accounts, coordinating with Product Team and Back Office to regularize the balance
? Assist and advice to the product team leads in all 1LOD and BO oversight aspects: run and BAU, improvement initiative include automation, participation to regulatory project, etc.
? Transversal follow up of the Risk Assessment & Suspense Provisioning
? Ensure the use of the Oversight Book of rules shared by 2LOD
? Check the availability of the control tools (Concorde, Beacon, Ambre, BI 4.2)
? Provide assistance in coordination with the management in responding to questions from the external auditors, Inspection Génerale, Operations, and other support groups by:
o Ensuring prompt resolution and follow-up of questions / requests for information
o Escalating problems/issues to the team leader and/or head
o Providing quality service to other teams
Projects, Systems Support, Operational Process Improvements
ü Participate in the upgrades/version releases of respective control tools
ü Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness
Other functions
ü Observe the bank’s policies and procedures
ü Assist in any special project or request as directed by management
ü Coordination of all OPC requests (cross check for operational incidents, implementation of new controls, ACP alignment projects…)
ü Guarantee fluent and efficient communication to all SMSBP of incidents, issues, new requirements, deadlines and key dates in closing period
ü Ensure upstream communication of key performance indicators in closing period, such as certification and oversight incidents, or availability in control tools
ü Daily follow up and escalation of the systems and control tools availability during closing period
REQUIREMENTS
Studies
* Business school, University Graduate, Master Degree in Accounting or Finance Degree
Experience
* Between 3 and 5 years experience in Finance within the Banking sector (Financial Accounting, Reporting, Business/financial analysis), including audit and consultancy firms
* Experience of working in an international environment appreciated
Languages
· English Advanced
· Spanish Advanced
· French Intermediate
SKILLS
* Technical
· Knowledge of Banking products is mandatory
· Working knowledge and understanding of generally accepted accounting principles, both in IFRS and French GAAP (an asset), especially in IFRS9
· High proficiency in computer skills and data analytics
· Previous experience in banking reports to central banks
* Transversal & Behavioral
· Effective analytical, organizational, and problem-solving skills
* Ability to learn new systems and products quickly
· Strong communication skills, both written and verbal
· Self-starter and team player, able to work independently and collaboratively with various teams in a matrix organisation and deadline-focused environment
Methodologies, Tools & Technologies
· OFS
· Group control tools: Concorde, Ambre, Onyx, …
· Business Objects
· Microsoft office package
BENEFITS
• Training programs, career plans and internal mobility opportunities, national and international thanks to our presence in different countries.
• Diversity and Inclusion Committee that ensures an inclusive work environment. In recent years, several employee communities have been created to organize diversity and inclusion awareness actions (PRIDE, We Generations and MixCity).
• Corporate volunteering program (1 Million Hours 2 Help) in which employees can dedicate time out of their working hours to volunteer activities.
• Flexible compensation plan.
• Hybrid telecommuting model (50%).
• 32 vacation days.
Diversity and inclusion commitment
BNP Paribas Group in Spain is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
GROUP BNP PARIBAS
Finance Implementation Projects (FIP) EMEA team ensures the end-to-end implementation of the Business and Regulatory projects in the region, in full alignment with Finance strategy. In the scope of FIP:
- Projects related to changes driven by Business and/or ITO initiatives (new products, operational systems implementation, migration between the systems, etc.)
- Projects related to changes driven by new Regulatory environment (new regulation implementation: IASB, ECB, Local Central Banks and/or regulators, etc.)
The main responsibility of this role is to implement, coordinate and follow up projects related to/impacting Financial Accounting and Reporting systems as well as to provide Functional Finance Systems expertise on the BAU, at Regional level, with respect to Systems settings and their impact on Finance activity.
Regional projects EMEA: Full project cycle organization and management
-
- Project scope definition (problem/request understanding, analysis and impact assessment)
- Business requirements, proposed solution analysis
- Testing scenario and planning
- User acceptance test (support Finance user in the test results analysis and validation)
- Deployment aftercare
Contribution to Centrally managed Business-related projects (change requests with systems architecture impact, systems’ enhancement, process reengineering, operational process automation, new systems implementation/migrations, new regulatory requests, etc.):
-
- Coordination of project committees (Kick-off, Steering Committees, etc), preparation of documentation and communication (business requirements, projects committee presentations, projects status update to management, status dashboards)
- Participation in analysis of project impact on Finance Domain. Assist central teams with the study/deployment of changes to the Finance architecture in EMEA region (e.g. testing of new accounting interfaces or system enhancements; validation of changes to the Finance architecture …)
- Contribution to functional specification and solution design (to ensure local specific requirements, if any, are taken into account)
- Contribution to testing strategy (scenario, test book) to ensure Finance requirements are covered
- Assist Finance final users to perform testing and validate results as well as aftercare support
- Testing scenario and planning
- User acceptance test (support Finance user in the test results analysis and validation)
- Deployment aftercare
- Support the production teams on the resolution of systems data quality issues in BAU mode
Share best practices and homogenize solutions on tools across the Region
- Previous experience as a Project Management
- Strong knowledge of banking activities and products
- IT skills: Excel advanced user, Business Intelligence Tools (Tableau, Business Object…), database consultation (SQL…), PowerPoint. Knowledge of Finance tools and systems would be a plus.
- Good knowledge of accounting, financial reporting processes in Banking and Capital Market industry
- Language: fluent in English (both oral and written), French is a plus
- Good communication (spoken and written) and capability to work and interact with people of different expertise and hierarchical level
- Ability to adapt to change and client oriented
- Collaborative work and team player
- Organizational skills: autonomy, capacity to manage several tasks in parallel, to prioritize and to manage pressure.
-
Training programs, career plans and internal mobility opportunities, national and international thanks to our presence in different countries
-
Diversity and Inclusion Committee that ensures an inclusive work environment. In recent years, several employee communities have been created to organize diversity and inclusion awareness actions (PRIDE, We Generations and MixCity)
-
Corporate volunteering program (1 Million Hours 2 Help) in which employees can dedicate time out of their working hours to volunteer activities
-
Flexible compensation plan
-
Hybrid telecommuting model (50%)
-
31 vacation days
GRUPO BNP PARIBAS
• Asesoramiento en todos los aspectos jurídicos del día a día de las sociedades en España, tales como la adopción de acuerdos societarios, la preparación y apoyo en sesiones de Consejos de Administración y Juntas de Socios, redacción y elevación a público de acuerdos societarios, modificación de estatutos, o gestiones ante el Registro Mercantil, BdE y otros.
• Apoyo o desempeño directo de funciones de Secretaría de las juntas generales, Consejos de Administración, incluyendo Comisiones de Nombramientos y Remuneraciones, así como Comisiones Mixtas de Auditoría.
• Asesoramiento integral sobre normativa de ordenación y supervisión bancaria y reglas de buen gobierno. Informes anuales de las Comisiones en materia de gobierno corporativo (evaluación, remuneración de los consejeros y otros). Organización, estructura y funcionamiento del Consejo de Administración y de sus comisiones delegadas.
• Fit & Proper Assessment: evaluación de la idoneidad de Consejeros y Directivos, tanto internamente como ante Banco de España, asegurando el cumplimiento de la normativa, guías EBA y procedimientos del Grupo en esta materia. Gestión del procedimiento interno de evaluación.
• Participación en proyectos relativos a la puesta en marcha de nuevas Joint Ventures; asesoramiento en diversos temas de índole jurídica, redacción de documentación jurídica, seguimiento expediente autorización. Classification : Internal Función específica: Participación en la Plataforma Corporate Law & Governance: (i) como miembro del GOC (Global Operational Committee), mediante la participación activa en las reuniones. Dicha participación incluirá, en particular, ser una fuente de propuestas y participar en proyectos transversales dentro de la Plataforma; (ii) como miembro y coordinadora de la Plataforma local.
- Estudios
- Experiencia
- Idiomas
Inglés C1y valorable francés
- Técnicas
- Orientación al cliente
- Orientación a resultados
- Conocimiento de la empresa y del negocio
- Formación legal
- Transversales & Comportamentales
- Flexibilidad
- Trabajo en equipo y Cooperación
- Iniciativa
FINANCE AND STRATEGY
The Finance & Strategyfunction (F&S) ensures, for the BNP Paribas Group, the production and publication of accounting and financial management statements necessary for the management of the Group, financial and tax optimization along with the external growth strategy. It also plays an alert role vis-à-vis of the General Management.
F&S counts with +1800 employeesspecialized in Accounting, Reporting, Performance Steering, Tax, Control,Regulatory and Project to mention few of them. F&S is organizedaround 3 mutualized regional platform (America, Europe and Asia/Pacific), 1Shared Finance Service center located in India, Central F&S teams locatedin Paris and decentralized Finance, Tax and Development departments located ineach BNPP country presence.
The Infinity EMEA Finance &Strategy Platform is the Regional EMEA Mutualized platform and Groupplatform delivering services that covers the whole financial dimension:Accounting production activities, reporting, control, transformation projects,IT and GDO. Our platform serves EMEA Countries and CFO´s, Group Head Office andalso worldwide entities when it refers to projects (Transformations & IT).The Infinity EMEA Finance & Strategy Platform is located in a dual locationMadrid and Lisbon
Position Purpose
As Senior Officer, the mainresponsibilities are focused on helping management of the team, leadingindependently the areas assigned and support junior team members on:
- Ensure that appropriate operational risk management and permanent control framework are in place in the Infinity EMEA Platform
- Support management team, by providing the main KPI’s, risks and control environment
- Support implementation of the operational risk monitoring guidelines issued by the second line of defense (Finance, Compliance, RISK, …) based on the instructions provided by the Group
- Monitor the level of deployment of permanent operational control activities
As Operational Permanent ControlOfficer of Infinity EMEA Platform, you are responsible for ensuring the respectand implementation of the key internal control principles of BNP Paribas Group,performing the main responsibilities for all the teams of Infinity EMEAPlatform: Finance, FRESH and GDO (in both locations: Madrid and Lisbon).
OperationalIncidents Monitoring:
- Ensure that all potential incidents are regularly updated
- Monitor and follow-up on operational incidents and their resolution
- Coordinate the assessment, quantification and update
- Follow-up and/ or Initiate action plans consistent with Risk Self-Assessment
Support GroupPolicies implementation.
Ensure the correctmonitoring on Permanent Documentation
Control Environment:
- Coordinate the adaptation of generic control plans functions at operational level
- Coordinate the implementation of operational controls, analysis of control results and formalization of analyses
- Follow-up on Action Plans
Follow-up onRecommendations.
Follow ofNearshoring / Offshoring process and SLA’s management
Support organizationin all initiatives needed to strengthen the control environment in the Hub
Monitoring ofBusiness Continuity Management processes:
BCP Correspondentrole
- Update the BCP documentation, at least on an annual basis and promptly, following a significant change (scope, activities, BCP staff, BCP requirements, etc):
- Business Impact Analysis (BIA): quantitative and qualitative evaluation of an activity disruption
- BCP Procedure: detail of all resources required to resume the activity
- Raise awareness and be the interface with BCM team
- Coordinate the teams in the recovery site, in case of BCP activation or exercises
- Participate in the mandatory training session organized at least once in the year
WHAT ARE WE SEEKING
TECHNICAL &BEHAVIORAL SKILLS
- Master’s degree in Accounting, Finance or Business is a plus
- Professional experience: Between 3 to 5 years of experience in external or internal audit, control, or risk department. Previous experience in Finance or banking is a plus
- Knowledge of Business Process modelling
SOFT
- Strong interpersonal communication and presentation skills (spoken and written)
- Analytical skills and critical thinking
- Goal oriented
- Strong planning and organizational skills: autonomy, capacity to manage several tasks in parallel and to prioritize to meet deadlines
BACKGROUND
- Bachelor Degree or equivalent
- Proficient in Microsoft Office Suite (Excel, PowerPoint, Word)
- Experience in leading small teams 2-3 members or leading small projects
- Knowledge of BNPP organization and business lines will also be appreciated
- Advanced English is mandatory; must be capable to maintain fluent conversation
- French is a plus
BENEFITS
- Training programs, career plans and internal mobility opportunities, national and international thanks to our presence in different countries
- Diversity and Inclusion Committee that ensures an inclusive work environment. In recent years, several employee communities have been created to organize diversity and inclusion awareness actions (PRIDE, We Generations and MixCity)
- Corporate volunteering program (1 Million Hours 2 Help) in which employees can dedicate time out of their working hours to volunteer activities
- Flexible compensation plan
- Hybrid telecommuting model (50%)
- 32 vacation days
Diversity andinclusion commitment
BNP Paribas Group in Spain is anequal opportunity employer and proud to provide equal employment opportunity toall job seekers. We are actively committed to ensuring that no individual isdiscriminated against on the grounds of age, disability, gender reassignment,marriage or civil partnership status, pregnancy and maternity/paternity, race,religion or belief, sex or sexual orientation. Equity and diversity are at thecore of our recruitment policy because we believe that they foster creativityand efficiency, which in turn increase performance and productivity. We striveto reflect the society we live in, while keeping with the image of our clients.
GROUP BNP PARIBAS
BNP Paribas Group is the top bank in the European Union and a major international banking establishment. It has close to 185,000 employees in 65 countries. In Spain we are more than 5,100 employees within 13 business lines.
Infinity Finance HUB
BNP Paribas EMEA Finance employs 500 employees, of which more than 325 are based in Madrid. We manage more than 250 BNP Paribas entities from all over Europe, covering +60% of Group’s balance sheet and all group’s banking activities (Corporate & Investment Banking, Retail Banking, Personal Finance and other financial services activities…).
Our mission is to measure, control and explain all the financial indicators required to monitor accounting, tax, regulatory, liquidity, credit risk reporting and management result activities.
ABOUT THE JOB
MISSION
About Finance EMEA
Our mission is to measure, control and explain all the financial indicators required to monitor accounting, tax, regulatory, liquidity, credit risk reporting and management result activities. Our team members can build a strong competence on all aspects of banking activities (retail, investment banking and capital markets), building a 360° vision through their career path.
About BNP Paribas’s Infinity Platform
The purpose is to propose services that cover the whole financial dimensions: accounting production activities, reporting, control, transformation projects and IT
RESPONSIBILITIES
With a transversal role and providing support to SMS BP SPOCs, he/she will be in charge of :
- Measure and book the required adjustments in accounting to ensure completion and accurateness through all reporting axes, including the segmented axis.
- Review & perform the Suspense Provisioning and the rest of legal and tax provision.
- Ensure the oversight of accounting controls performed by Back Offices based on their monthly control results & quarterly sub-certification.
- Control and analyse the data that contribute to the regulatory reporting (Matisse allocations, BMRC feeding, Accounting to Risk reconciliation, Local regulatory reports, non-standard feeds,….) & the disclosure production.
- Provide Finance supervision & completion on LoD1 control performed by Back Offices operations, ensuring accuracy and completeness of the data feeding done by the back office operation tools.
- Providing support to Back and Middle offices in all the accounting aspects required.
- Provide assistance in coordination with the management in responding to questions from the external auditors, Operations, and other support groups by:
- Ensuring prompt resolution and follow-up of questions / requests for information.
- Escalating problems/issues to the team leader and/or head.
- Providing quality service to other teams
Projects, Systems Support, Operational Process Improvements
- Participate in the upgrades/version releases of respective reporting tools
- Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness
- Other functions:
- Observe the bank’s policies and procedures
- Assist in any special project or request as directed by management
REQUIREMENTS
- Studies
- Business school, University Graduate, Master Degree in Accounting or Finance Degree
- Experience
- Up to 4 years experience in Finance within the Banking sector (Financial Accounting, Reporting, Business/financial analysis), including audit and consultancy firms
- Experience of working in an international environment appreciated
Languages
- English Advanced
- European languages a plus (specially French)
SKILLS
- Technical
- Knowledge of Banking products is desirable
- Working knowledge and understanding of generally accepted accounting principles, both in IFRS and French GAAP (an asset)
- IFRS9 impairment calculation knowledge will be a plus
- High proficiency in computer skills and data analytics
- Transversal & Behavioral
- Effective analytical, organizational, and problem-solving skill
- Ability to learn new systems and products quickly
- Strong communication skills, both written and verbal
- Self-starter and team player, able to work independently and collaboratively with various teams in a matrix organisation and deadline-focused environment
BENEFITS
• Training programs, career plans and internal mobility opportunities, national and international thanks to our presence in different countries.
• Diversity and Inclusion Committee that ensures an inclusive work environment. In recent years, several employee communities have been created to organize diversity and inclusion awareness actions (PRIDE, We Generations and MixCity).
• Corporate volunteering program (1 Million Hours 2 Help) in which employees can dedicate time out of their working hours to volunteer activities.
• Flexible compensation plan.
• Hybrid telecommuting model (50%).
• 31 vacation days.
Diversity and inclusion commitment
BNP Paribas Group in Spain is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
GROUP BNP PARIBAS
Want to help shape the bank of tomorrow today?
How can the Bank leverage data to assess credit risk on its portfolio of existing and new clients
Risk assessment encompasses various elements: how likely is it that a client will not be able to comply with the contractual requirements of his loan? What will be the client’s outstanding balance in this situation? What loss is the bank expected to suffer if a client is no longer able to repay a loan?
As a member of the RISK Models team, you will join a team of experts whose goal is to answer these questions through the development of statistical or expert models.
By analysing historical data, working together with the business lines, IT department, the modelling experts at BNP Paribas group and taking into account the remarks of supervisor representatives, the team creates tools that help the bank calculate the capital requirements for its credit exposure, the risk component of the credit price or that contribute to the approval process of a new credit.
Your personal tasks will be:
· Designing and developing models for credit risk on the scope mainly of companies
· Finding, managing and using the most appropriate data sources for modelling purposes
· Working with expert colleagues and business representatives to examine the results and keep models grounded in reality
· Documenting each step of the development and informing decision makers by presenting them options and results
· Ensuring correct implementation of the tools (together with the IT department)
· Continuously assessing models by means of back-testing
· Answering specific, external requests regarding statistics related to credit risk assessment
· Following-up evolutions in the regulation and in credit risk modelling best-practices
· Potential expansion of responsibilities to encompass HR-related tasks, complementing existing operational duties.
- Studies
· Master degree or higher in Mathematics, Economy or Econometrics, Statistics or a similar background where analytics and figures prevail.
- Experience
· Work experience of at least 5 years in credit risk modelling (PD/LGD/LGDD/CCF).
- Languages
· You express yourself perfectly in English, in particular in the writing form. You ideally speak French fluently.
- Technical
· You have strong SAS programming skills.
· It is considered an asset if you have some experience with Big Data technologies, ratings & scorings use across the bank or credit products.
- Transversal & Behavioral
· You are able to manage long-term deadlines and plan your work accordingly.
· You are creative, you pay attention to details, and you are able to work easily with both technical and business-oriented people.
GROUP BNP PARIBAS
Want to help shape the bank of tomorrow today?
How can the Bank leverage data to assess credit risk on its portfolio of existing and new clients?
Risk assessment encompasses various elements: how likely is it that a client will not be able to comply with the contractual requirements of his loan? What will be the client’s outstanding balance in this situation? What loss is the bank expected to suffer if a client is no longer able to repay a loan
As a member of the RISK Models team, you will join a team of experts whose goal is to answer these questions through the development of statistical or expert models.
By analysing historical data, working together with the business lines, IT department, the modelling experts at BNP Paribas group and taking into account the remarks of supervisor representatives, the team creates tools that help the bank calculate the capital requirements for its credit exposure, the risk component of the credit price or that contribute to the approval process of a new credit.
Your personal tasks will be:
· Designing and developing models for credit risk on the scope mainly of companies.
· Finding, managing and using the most appropriate data sources for modelling purposes.
· Working with expert colleagues and business representatives to examine the results and keep models grounded in reality.
· Documenting each step of the development and informing decision makers by presenting them options and results.
· Ensuring correct implementation of the tools (together with the IT department).
· Continuously assessing models by means of back-testing.
· Answering specific, external requests regarding statistics related to credit risk assessment.
· Following-up evolutions in the regulation and in credit risk modelling best-practices.
- Studies
· Master degree or higher in Mathematics, Economy or Econometrics, Statistics or a similar background where analytics and figures prevail.
- Experience
· Work experience of at least 3 years in credit risk modelling (PD/LGD/LGDD/CCF)
- Languages
· You express yourself perfectly in English, in particular in the writing form. You ideally speak French fluently
- Technical
· You have programming skills, particularly using some high level / statistical language (having worked with SAS is a plus)
· It is considered an asset if you have some experience with Big Data technologies, ratings & scorings use across the bank or credit products.
- Transversal & Behavioral
· You are able to manage long-term deadlines and plan your work accordingly.
GRUPO BNP PARIBAS
• According to delegation rules and procedures in place, provides a documented decision (approval, refusal, conditional approval) or refers the file to the appropriate decision maker(s)
• Ensures the technical follow-up and the management of the file until its final completion, focusing on supplying with highest visibility on anticipated response times
• Identifies issues, routing them according to defined procedures at the appropriate level
• Verify the execution of the controls conducted by the Businesses
• Contributes to the production of requested reports
- Experiencia
- Idiomas
English (+ other relevant language)
- Técnicas
- Knowledge of Compliance issues and specific challenges of his/her domain
- Knowledge of the Entity (processes, products, clients…)
- General knowledge of applicable regulatory framework and its evolutions
- Transversales & Comportamentale
- Strong analytical and synthesis skills
- Teamwork
- Integrity
GROUP BNP PARIBAS
BNP Paribas Group is the top bank in the European Union and a major international banking establishment. It has close to 185,000 employees in 65 countries. In Spain we are more than 5,100 employees within 13 business lines.
Infinity Finance HUB
BNP Paribas EMEA Finance employs 500 employees, of which more than 325 are based in Madrid. We manage more than 250 BNP Paribas entities from all over Europe, covering +60% of Group’s balance sheet and all group’s banking activities (Corporate & Investment Banking, Retail Banking, Personal Finance and other financial services activities…).
Our mission is to measure, control and explain all the financial indicators required to monitor accounting, tax, regulatory, liquidity, credit risk reporting and management result activities.
ABOUT THE JOB
MISSION
About Finance EMEA
Our mission is to measure, control and explain all the financial indicators required to monitor accounting, tax, regulatory, liquidity, credit risk reporting and management result activities. Our team members can build a strong competence on all aspects of banking activities (retail, investment banking and capital markets), building a 360° vision through their career path.
About BNP Paribas’s Infinity Platform
The purpose is to propose services that cover the whole financial dimensions: accounting production activities, reporting, control, transformation projects and IT
RESPONSIBILITIES
With a transversal role and providing support to SMS BP SPOCs, he/she will be in charge of :
* Measure and book the required adjustments in accounting to ensure completion and accurateness through all reporting axes, including the segmented axis.
* Review & perform the Suspense Provisioning and the rest of legal and tax provision.
* Ensure the oversight of accounting controls performed by Back Offices based on their monthly control results & quarterly sub-certification.
* Control and analyse the data that contribute to the regulatory reporting (Matisse allocations, BMRC feeding, Accounting to Risk reconciliation, Local regulatory reports, non-standard feeds,….) & the disclosure production.
* Provide Finance supervision & completion on LoD1 control performed by Back Offices operations, ensuring accuracy and completeness of the data feeding done by the back office operation tools.
* Providing support to Back and Middle offices in all the accounting aspects required.
* Provide assistance in coordination with the management in responding to questions from the external auditors, Operations, and other support groups by:
* Ensuring prompt resolution and follow-up of questions / requests for information.
* Escalating problems/issues to the team leader and/or head.
* Providing quality service to other teams
Projects, Systems Support, Operational Process Improvements
* Participate in the upgrades/version releases of respective reporting tools
* Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness
* Other functions:
* Observe the bank’s policies and procedures
* Assist in any special project or request as directed by management
REQUIREMENTS
* Studies
* Business school, University Graduate, Master Degree in Accounting or Finance Degree
* Experience
* Up to 4 years experience in Finance within the Banking sector (Financial Accounting, Reporting, Business/financial analysis), including audit and consultancy firms
* Experience of working in an international environment appreciated
Languages
* English Advanced
* European languages a plus (specially French)
SKILLS
* Technical
* Knowledge of Banking products is desirable
* Working knowledge and understanding of generally accepted accounting principles, both in IFRS and French GAAP (an asset)
* IFRS9 impairment calculation knowledge will be a plus
* High proficiency in computer skills and data analytics
* Transversal & Behavioral
* Effective analytical, organizational, and problem-solving skill
* Ability to learn new systems and products quickly
* Strong communication skills, both written and verbal
* Self-starter and team player, able to work independently and collaboratively with various teams in a matrix organisation and deadline-focused environment
BENEFITS
• Training programs, career plans and internal mobility opportunities, national and international thanks to our presence in different countries.
• Diversity and Inclusion Committee that ensures an inclusive work environment. In recent years, several employee communities have been created to organize diversity and inclusion awareness actions (PRIDE, We Generations and MixCity).
• Corporate volunteering program (1 Million Hours 2 Help) in which employees can dedicate time out of their working hours to volunteer activities.
• Flexible compensation plan.
• Hybrid telecommuting model (50%).
• 31 vacation days.
Diversity and inclusion commitment
BNP Paribas Group in Spain is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.