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.
RISK HUB - RISK is an integrated and independent control function of the BNP Paribas Group. It is the second line of defense on the risk management activities of the Group which are under its direct responsibilities, including credit and counterparty risk, market risk, funding and liquidity risk, interest rate and foreign exchange risks in the banking book, insurance risk, operational risk, and environmental and social risks. RISK aims at being a partner of the businesses by contributing to their sustainable development, but also a gatekeeper to ensure risks taken remain compatible with the Group's Risk Appetite and its strategy. RISK Iberian Hub Madrid is a transversal platform servicing the RISK Function by covering added-value activities around credit risk, market risk, operational risk, and data protection, offering a wide range of services to RISK teams, from consulting to cyber security going through data analysis, modelling or artificial intelligence.
ABOUT THE JOB YOUR TEAM - Your team belongs to BNP Paribas RISK Division (5,500+ employees in 50+ countries), recognized for its excellence among its peers. RISK is an integrated and independent function, covering all the risks of the Bank (credit, market, liquidity, operational, ESG risks). RISK is part of the control functions but is also a partner for Business Lines and helps them sustainably grow. Inside RISK, RISK Models & Regulatory (100+ teammates) designs 'internal' models (used for both risk management and capital requirements measurements) and ensures their performance over time, while playing a watch tower role regarding regulatory changes. Inside RISK Models & Regulatory (15 teammates), the Models Portfolio Management team ('MOMA') plays a key role as it facilitates Top Management decision regarding the Modelling Trajector.
YOUR MISSION - You will integrate the PROUD Program workforce, that aims at:
Formalizing the framework for regulatory approach decision-makingOperationalizing the 'Exposure Type' and 'Business Units' data concepts as a key to justify the regulatory approach selectionIndustrializing the regulatory approach management within BNPP IT systems to reduce the operational risk and improve data qualityYou will contribute by both monitoring and controlling the regulatory approach used for capital requirements calculation and animating the discussions with CFOs and CROs as part of the regulatory approach decision-making process, with potential impacts on the 5-year modelling roadmap. You will have a very transversal and top-rank visibility in this context.
The PROUD Program is in charge of the maintenance of the Bank's Policy dealing with the regulatory approach. This Policy guides the decision making (from less to more sophisticated approaches). In case the regulatory approach changes (for eg the development of a new IRBA model is necessary), projects are usually kicked off and MOMA may intervene to coordinate the works.
In your day to day, you will:
Cartography the credit risk exposures of the Bank and their regulatory approachAnimate the yearly process of regulatory approach assignment with Business Lines CFO/CROsAdjust the 5-year modelling roadmap when necessary and get a validation from Capital CommitteeMaintain the Framework documentation (including the Bank regulatory approach policy)In your position, your main internal stakeholders will be Capital managers, CFOs and CROs of Business Lines, Finance & Strategy.
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