Vice President ALMT RISK Officer

Business Overview:

One of BNP Paribas' great strengths is its expertise in managing risk. A rigorous risk control is a part of the Group's responsibility, both to clients and to the financial system as a whole. To this extent, RISK ensures the risk taking policy and the risks generated by the Bank's activities comply and are compatible with its strategic objectives. RISK is the second line of defense over risk management activities of the Group. The main RISK objectives are:

• Accompany the Group's development with a business-minded spirit
• Provide a fast, complete and reliable information on our risk profile
• Offer high quality risk management expertise to the Group's stakeholders
• Foster risk anticipation and position RISK as a prospective watchtower
• Prepare the Group for high and higher regulatory expectations

RISK ALMT contributes to the definition of the risk framework surrounding Asset and liability & Treasury activities. RISK ALMT also independently assess and monitor the Bank's balance sheet liquidity risk management, interest rate risk and forex risk framework.

Candidate Success Factors:

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

• Results and Impact
  • Able to influence peers and team.
  • Demonstrates good judgement when making decisions of high complexity and impact.
  • Exercise appropriate autonomy in the execution and delivery of work.
  • Responsible for driving outcomes, which have meaningful effect on team or department.
• Leadership and Collaboration:
  • Creates trust with colleagues.
  • Acts in leadership capacity for projects, processes, or programs.
• Client, Customer and Stakeholder Focus:
  • Able to build relationships with a mix of colleagues and clients.
  • Interacts regularly with management and department leaders.
  • Demonstrates the ability to influence stakeholders at the team level.
• Compliance Culture and Conduct:
  • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
  • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities:

A) Contribute to the definition of the risk framework surrounding ALMT activities:

•Contribute to the definition of risk policies, procedures, and overall governance, to efficiently manage the risks, both in business-as-usual and in stressed conditions

•Contribute to the definition of limits/guidelines; review them periodically considering the actual risk profile.

•Define jointly with ALMT the prospective scenarios used to measure impact under stressed conditions as well as the early-warning signals to anticipate adverse market and/ or liquidity conditions.

B) Advise all levels of Group Management on risk decisions:

•Participate in the approval process of new activities and exceptional transactions either initiated by ALMT or initiated by other Business Lines and carrying liquidity or IRRBB risks, as per the "TAC-NAC process".

•Through the participation of RISK to ALCOs: Advise on internal risk transfer mechanism and pricing rules, opine on the risk mitigating strategies proposed by ALMT.

C) Monitor and control:

•Proactively and retrospectively identify and analyze liquidity, funding, and Interest Rate risks, using various tools

•Ensure that deals executed by ALMT are in line with the decisions of the relevant committees (ALCOs, CCDGs, etc...) or in line with defined delegations.

•Ensure compliance with defined limits/guidelines/objectives: Control exposures vs. authorizations notify excesses and ensure that proper actions are taken. Monitor exposures vs. liquidity constraints and objectives (diversification, credit quality, market liquidity, asset encumbrance, etc...).

•Review and approve all the ALM models and methodologies used for internal and regulatory risk metrics.

D) Contributions to other processes

•Opine on the prudential classification (Banking / Trading Book) of ALMT transactions, in line with the relevant Group policy.

•Review and approve all valuation methodologies (including definition of market reserves methodologies),

E) Alert and Report on the risks taken to the appropriate level of Management:

•Alert on a timely basis the appropriate level of Management on any risk issue

•Analyze and report ALMT risks in a synthetic and comprehensive way to all levels of Management, appropriate committees, and external parties (where needed)
•Analyze liquidity reports (Group level and Local dashboards, ALCO supporting documents) and, when needed, complete information with its own metrics and comments

Minimum Required Qualifications:

Minimum 7+ years of experience in Banking industry, preferably within Risk Function, ALM Treasury,or Audit

•Graduate/Post-graduate in relevant subject (e.g. Finance, Mathematics, Economics, Statistics, Financial Engineering)

•Strong quantitative background is a must;

•Very strong work ethic and ability to challenge with confidence risk takers within the business lines

•Excellent communication across verbal, written and presentation skills

•Positive, energetic, flexible and self-motivated team player with strong organizational skills

•Go beyond existing frameworks by suggesting new ideas to enhance BNPP risk framework

•Analytical, rigorous, with attention to details

•Desire to proactively take ownership of objectives and drive results

•Agile to quickly adapt to new situations and financial market events

•Build and maintain transversal, non-hierarchical relationships with multiple stakeholders
•Understanding and of key Market interest rate indicators

Preferred Qualifications:

Advanced degree a plus

•Working experience related to ALM-Treasury activities

•Knowledge of key regulatory liquidity risk metrics

•Understanding of the requirements of Reg YY and the Enhance Prudential Standards

•Knowledge of key Interest Rate Risk metrics such as NII, EVE, Interest Gap and PV01

FINRA Registrations Required:

• Not Applicable

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

• Not Applicable

SEC Security-Based Swap Dealer Associated Person:

• Not Applicable

The expected starting salary range for this position is between $140,000 to $195,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.

This application will remain open until a candidate has been selected for the role. There is no specific application timeline.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees.The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami,andWashington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunitiesto make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.