Prime Services Risk Management Trainee

#Capital Markets #Prime Brokerage #Risk Management

About Global Markets

• Global Markets, the capital markets division of BNP Paribas’ Corporate & Institutional Banking, is a powerhouse delivering top-tier solutions across asset classes. Our Portugal Platform (Porto and Lisbon) stands as a major European HUB and a unique player in the country, boasting a wide range of Front Office roles and services – Trading, Sales, Research, Structuring, Quants & Engineering, Business Dev and Support, Marketing & Client Support, Risk Management, Data Analytics and Machine Learning.  With rapid growth and ambitions to make a global impact, we offer numerous short and long-term opportunities. 
• See our VIDEO and get a glimpse into our world. 

Your Main Activities Are

• Assess, monitor and review portfolio risk; look for changes in strategies/asset mix in client portfolios and assess whether the margining methodology needs to be updated/modified to capture risk and pricing
• Assist in margin and pricing proposals for existing/new clients
• Automation tools for risk monitoring; analyzing internal and external client performance metrics across various dimensions; manage/execute adhoc projects for the desks
• Generate accurate risk summaries at position/client account/regional and global level for risk monitoring
• Analyze major swings in client portfolio and escalate them to management
• Scenario analysis to analyze the impact of changes in client portfolios, cost of funding, business mix, interest rates and currency mix

Profile and Skills to Success

• Bachelor degree in Mathematics or Engineering
• Fluent in English
• Office Pack – Good knowledge of Excel
• Experience within VBA
• Willingness to work late, i.e., New York hours

About the Team 

• Prime Services is one of the three main sub business units within the Global Equities division of BNP Paribas Global Markets Prime Services combines the historical strength in traditional Prime Brokerage services providing the following business offering (Financing, Prime Brokerage Services, Risk Management and Execution) – top rated in Securities Lending, Client Service, Capital Introduction and more – with the innovative DNA of the Equity Derivative franchise.  This combination allows BNP to anticipate client needs and develop solutions to the problems they face
• Within Prime Services, the Risk Management team manages the portfolio risk for the business and the amount of leverage that we can offer clients. The team works in close collaboration with other functions within the business (such as sales, securities lending, client management) and with transversal teams such as Credit Risk Management and Exposure Management Group. The team in Lisbon will support the desk in effectively managing the client financing risk for the business. Specific responsibilities are listed below