Risk Senior Auditor - Model Validation

Description

Summary: This role involves independently reviewing risk measurement systems across BNP Paribas Group, focusing on regulatory compliance, data quality, and reporting processes, and issuing high-quality reports with recommendations. Highlights: 1. Independent review of credit, market, counterparty, and operational risks 2. Ensure applicability of regulatory standards and internal procedures 3. Produce high-quality reports and propose action plans **About the job** Within RISK, the Global Practice RISK IRC is in charge of the independent review of the credit, market, counterparty, insurance and operational risks as well as the RISK ORC function of RISK. Risk Independent Review (RISK IR) is the team responsible for the independent review of the risk measurement systems for the risks covered by RISK IRC. These reviews can take different forms (ex\-ante / ex\-post, driven by a regulatory objective or not, methodology / implementation) and are more or less exhaustive according to the subjects treated. The team Framework, Processes \& Systems (FPS) is in charge of, among other things, the review of all the BNP Paribas Group's processes and information systems (central and local) contributing to the measurement of credit, market or counterparty risks. The topics covered are as follows: Information systems and data quality: data supporting the modelling and run of credit risk models (e.g. PD, LGD and EAD), market (VaR, IRC) and counterparty (EEPE) Systems and processes dedicated to the production of the risk indicators and the computation of the Risk weighted assets Internal and regulatory reporting: collection of risk data and production of reports, local and central processing during the reporting process Reconciliation of accounting and risk data locally and centrally Good application of the regulatory definitions and internal standards Use of the internal rating systems Governance and risk management **Your Main Activities Are** Guarantee applicability of regulatory standards, internal procedures, internal systems and compliance Perform review and analysis works, assessing risks for all types of risk measurement systems on the reviewed perimeter Perform in\-depth independent reviews, in accordance with the following points: Doing independent reviews of the risk measurement systems of the BNP Paribas group (any country) Producing analyses related to the laws, regulations, procedures and existing practices Controlling the quality of the monitoring systems of the main risk families Issue high quality reports, requiring limited review from management and proposing action plans or recommendations to the concerned RISK departments and beyond: writing final reports; Presenting the objectives of the review and its conclusions to the management; proposing remediation plans on the specific areas where weaknesses have been identified Control recommendations and justifications supporting their closure Comply with the Permanent Control Framework, defined within the team, and in accordance with the Group Procedures **Profile** **and Skills to Success** Master Degree in Economics / Finance / Accounting / Information Technology / Computer Science or related At least 3 years of experience in Banking and Financial Operations / Risk and Controls and/or Audit Advanced level of English, both written and oral Knowledge in IT Languages (R, Python) Data Viz Blending Analytics SAS Ability to synthetise / simplify Analytical ability \#LI\-Hybrid **Why joining BNP Paribas?** * **Leading banking institution** BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183\.000 employees, including more than 146\.000 in Europe. * **Our presence in Portugal** In Portugal since 1985, BNP Paribas today has more than 8\.700 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 excellence centres providing value\-added services to various countries where the BNP Paribas Group also operates. * **International reach** Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions: **Retail Banking**, a division that brings together all of the Group’s retail activities and specialised business lines;**Investment \& Protection Services** that include specialised businesses offering a wide range of savings, investment and protection services;**Corporate \& Institutional Banking** division that offers tailored financial solutions for corporate and institutional clients.* **Diversity and Inclusion commitment** BNP Paribas 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. * **Commitment towards work/life balance** At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working. * **Remote Working Conditions** At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set\-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices. To find out more on why you should join BNP Paribas visit https://bnpp.lk/why\-BNP\-Paribas\-Portugal (Opens in a new tab)* Please note that only applications submitted in English will be considered. * In case you are selected for this role, further documentation will be requested to support your hiring process.