Job Opportunity

Back to Search Results

VP – Analyst, Credit Risk

BNP Paribas | New York, NY

Job Summary

Perform credit analyses on hedge fund counterparties identifying major strengths and weaknesses via a review of investment strategy and leverage, performance history, portfolio exposures and risk management practices. BA/ BS qualified. 5+ years of relevant work experience.

Details

Business Overview:
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 organization led by RISK FUNCTION.

Created at the same time as BNP Paribas, RISK FUNCTION is today a global function present in five continents and at the forefront of Risk management through best-in-class expertise.

RISK FUNCTION is a global, integrated, and independent function.

RISK FUNCTION’s main missions are:

  • Advise the Bank Management on the definition of risk policy.
  • Contribute as a second pair of eyes to ensure that risks taken by the Bank are aligned with its policies.
  • Report and Alert Bank Management on the status of risks to which the Bank is exposed.

A deconcentrated organization covering all the Business Lines and encompassing the whole chain of risk-taking.

A Risk framework adapted to each Business:

  • Credit risk.
  • Market & Counterpart risk.
  • Liquidity Risk.
  • Insurance Risk.

Encompassing the whole chain of Risk-taking and monitoring:

  • Risk policy.
  • Risk analytics and modelling.
  • Risk Anticipation.
  • Portfolio analysis: risk concentrations and stress-testing.
  • Reporting.
  • Monitoring.
  • Risk Independent validation & Control.
  • Counterparty & transaction analysis.

A risk organisation covering all the business lines:

  • Equity and derivatives.
  • Commodities.
  • Counterparty.
  • Fixed Income, IRD, CD, FOREX.
  • Asset & Liabilities.
  • Insurance.

Responsibilities:
Hedge Fund credit risk management:

  • Perform credit analyses on hedge fund counterparties identifying major strengths and weaknesses via a review of investment strategy and leverage, performance history, portfolio exposures and risk management practices.
  • Present credit reviews to appropriate credit committees.
  • Monitor creditworthiness of assigned counterparties on an ongoing basis by regular review of monthly disclosure and proactively identify any deterioration in credit quality.
  • Maintain good and open relationships with customers via due diligence visits, periodic phone and/or personal contact.
  • Work with other support areas within the bank (e.g. legal, credit administration, collateral management, etc.) to ensure that the provisions of legal documents protect the bank and reflect the terms of the credit approval.
  • Risk and approve trades ensuring appropriate margin is collected and exposures remain within credit limits.
  • Effectively handle multiple tasks through prioritization of requests (in conjunction with immediate supervisor) and sound organizational skills.
  • Work on other special projects and initiatives as needed.
  • BA/BS required. MBA, CFA or CPA designation a plus.
  • 5+ years of relevant work experience; previous experience with fundamental credit analysis/hedge funds preferred.
  • Good understanding of Capital Markets trading products, particularly in equity, fixed income and the derivatives space.
  • Strong analytical skills.
  • Excellent verbal and written communication skills.
  • Proactive, with the ability to multi-task.
  • Strong Microsoft Office skills (Excel, PowerPoint, Access), a plus.

Click here for details on this job.

Click here for details on this job

  • Min Education: BA/BS
  • Min Experience: 5 years

Email this job to a friend.

Tweet this job