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 12 business lines.
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 the RISK function.
Created at the same time as BNP Paribas, the RISK function is today a global and independent function present in five continents and at the forefront of risk management through best-in-class expertise.
Within RISK Iberian Hub, RISK Madrid Hub is a transversal platform servicing the RISK Function by covering added-value activities around credit risk, market risk, operational risk, and data protection.
The hub is an international pool of talents gathering high-quality profiles and diverse skills to reach excellence in terms of services provided.
Environmental, Social and Governance (ESG) topics are areas of rapid and significant change, increasingly shaping how business is conducted, regulated, measured, and reported on.
From a risk management perspective, BNP Paribas considers that ESG factors are risk drivers that may have potential impacts on existing risks such as credit, operational, or market risks.
In this context, BNP Paribas has decided to take bold actions to further strengthen the Bank's initiatives and framework in these areas.
So did the RISK Function with the creation of the RISK ESG team at the end of 2020.
Accordingly, the RISK ESG team is a transversal team which aims at supporting and steering the integration of ESG risk factors within the Group's risk management framework.
MISSION: Within the RISK ESG Team, the Credit Stream is in charge of credit-related matters and processes requiring embedding ESG factors, across the Group's various métiers/poles and for all Corporates clients and Financial Institutions.
RISK ESG Credit Stream, as part of the second line of defense, is accountable for the design and sound functioning of the ESG risk management framework.
It shall ensure adequate set-ups are in place to identify, assess, validate, measure, manage, monitor, and report on the ESG-related performance and risks through the client journey.
RESPONSIBILITIES: The Credit Stream is involved in setting up ESG-related frameworks, in coordination with business lines and other functions, and in ensuring their effective implementation in the operational processes, in particular credit processes, encompassing:
ESG assessment at the Counterparty level: ensuring suited ESG assessment methodologies are deployed and implemented in operational processes, so that ESG Assessment outcomes can serve as a basis to assess any impact on the counterparty's overall profile and adapt product offer and risk appetite. ESG assessment at the transaction level: contributing to define articulation criteria of any transaction vs. counterparty-level ESG assessment and to operational insertion of transaction-level assessment in the credit process. Operational risk linked to ESG in the credit chain for corporates: based on the above, ensure operational risks linked to the ongoing operational insertion of new ESG-related credit matters are identified and adequate relating controls in place. As such, the Credit Stream is in charge of ensuring and/or effectively contributing to produce:
ESG frameworks or set-ups (ESG assessment design, operational insertion, back-testing of ESG assessments' methods, etc). Policies, procedures, and guidelines ruling the above, ensuring they are comprehensive, exhaustive, up-to-date, and provided to the relevant stakeholders (RISK, Business lines, etc). Trainings with dedicated content articulation between poles/métiers are coherent Group-wide with consistency between processes and tools advising on ESG & credit related topics upon request. Analyses of results of the assessments, dashboards, articulation with other ESG evaluations (NZBA, portfolio, other assessments methods in the bank, etc). Participation in other RISK's committees/forums to share information/expertise. The ESG analyst will report to the Credit Stream leader on all these topics.
REQUIREMENTS: Training: University Degree
Experience: 2 to 5 years of experience in the financial industry, and preferably in corporate banking (financing métier or coverage entity).
Languages: English: Fluent French: Optional SKILLS: Technical: Knowledge in corporate credit analysis
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