Financial Model Risk Specialist

Market Risk Quantitative Analyst Job Opportunity

We are seeking a talented Quantitative Analyst to join our team in a dynamic international environment. As a Market Risk Quantitative Analyst, you will play a key role in the development and implementation of cutting-edge pricing and risk methodologies.

The successful candidate will have a strong quantitative background, preferably with an MSc or PhD degree in a quantitative subject. They will also have advanced knowledge of capital markets, including how markets operate, liquidity and price observability of key products, trading venues, and netting and collateral agreements.

Our ideal candidate will be familiar with various pricing models and market and counterparty risk modeling techniques. They will also have a good understanding of stochastic processes and derivatives pricing, as well as regulatory requirements for the scope of models being managed.

In addition to their technical expertise, the successful candidate will possess excellent communication and interpersonal skills, with the ability to build relationships with stakeholders and influence others. They will be proactive, self-motivated, and able to work independently, with a genuine sense of care and respect for people.

As a member of our team, you will have the opportunity to work on a wide range of projects, from model validation to independent reviews, and contribute to the development of our team's operation. You will also have access to training and development opportunities, enabling you to enhance your skills and advance your career.

Our company offers a dynamic international environment where you can learn about and work with cutting-edge pricing and risk methodologies. We provide equal employment opportunity to all job seekers, regardless of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity / paternity, race, religion or belief, sex or sexual orientation.

Benefits include partial work from home options, depending on internal BNP Paribas applicable rules, and the opportunity to stand out and build an enviable reputation within our business.

• 5 to 15 years of experience
• Strong quantitative background, owning an MSc or PhD degree in a quantitative subject, preferably a degree in financial mathematics.
• Advanced knowledge of capital markets : how the markets operate, what the liquidity and price observability of the key products are, what the trading venues are, and what the various netting and collateral agreements are.
• Familiarity with many pricing models as well as with market and counterparty risk modelling techniques.
• Good understanding of stochastic processes and derivatives pricing.
• Good understanding of the regulatory requirements for the scope of models being in charge of.
• In-depth knowledge of model risk management processes, regulatory requirements, internal policies, standards and templates.
• Advanced programming skills (C++ / C#, R, Python, Matlab, etc) allowing fast assessment of model features and carrying out comparison of model alternatives.
• Experience with model validation techniques and model risk management processes.