Vice President of Risk Management

Bnp Paribas Bank·Posted 2 days ago

Location

All India

Experience

12–16 years

Required Skills

Risk ManagementQuantitative FinanceMarket RiskCounterparty RiskStochastic ProcessesCCDerivatives PricingRegulatory FrameworkGovernance Processes

About the Role

As a Vice President - Risk Models & Regulatory at BNP Paribas India Solutions, your primary responsibility will be to contribute to SIGMA's mission by working closely with other RISK teams and stakeholders. Your key responsibilities will include:

• Participating in methodology projects, gathering and documenting requirements, considering stakeholder interests, regulatory constraints, and deficiencies in current methods.

• Investigating, analyzing, and designing risk methods and models while respecting the aim of accurately capturing risks.

• Designing, developing, and testing code changes required to implement risk methods in risk systems.

• Ensuring that all methodologies, tools, processes, and procedures are documented to a high standard.

• Contributing to quality assurance processes surrounding risk measurement, including backtesting and VaR adequacy.

• Cooperating with RISK model validation teams in the review and approval of risk models.

• Supporting regulatory interactions and participating in industry working groups and Quantitative Impact Studies.

• Assisting risk managers and Front Office in risk assessment of deals when standard methods may not be applicable.

You will have the opportunity to develop your quantitative skillset and work with a multi-cultural team of seasoned quantitative analysts. Additionally, you will contribute to shaping the future of internal models and risk management at the bank. The role will also involve interacting with senior managers, presenting work to a wider audience, and gaining diverse financial experience.

Qualifications required for this role include:

• A strong academic background with a minimum of a Masters in mathematics, physics, or quantitative finance.

• Proficiency in verbal and written English.

• Experience in a quantitative finance environment with knowledge of risk management best practices, financial markets, and economic developments.

• Understanding of stochastic processes, derivatives, risk drivers, and models used to price them.

• Design and implementation of quantitative models, preferably using C# or C++.

• Strong communication skills and a good understanding of the regulatory framework for banks.

• Ability to grasp governance-related processes and procedures.

Behavioral skills such as collaboration, delivering results, and attention to detail are essential for this role. Additionally, transversal skills including analytical ability, process development, project management, and education level of at least a Master's degree are required.

With at least 12 years of experience, you will play a crucial role in enhancing BNP Paribas' internal risk models in both market and counterparty risk spaces, contributing to the firm's strategic developments and future success. As a Vice President - Risk Models & Regulatory at BNP Paribas India Solutions, your primary responsibility will be to contribute to SIGMA's mission by working closely with other RISK teams and stakeholders. Your key responsibilities will include: