Senior Market Risk Analyst - DRG

Company Description

Natixis in Portugal is a Centre of Expertise whose mission is to transform traditional banking by developing innovative solutions for the business, operations and work culture of Groupe BPCE worldwide.

Natixis in Portugal is part of the Global Financial Services division, where it applies technology for the development of financial expertise in its two global business lines – Corporate & Investment Banking and Asset & Wealth Management – and, transversally, for the entities of Groupe BPCE.

The Centre of Expertise, based in Porto, currently has more than 2,400 employees from over 30 nationalities, organised in three main departments: Information Technology, Banking Support Activities and Compliance. These teams work in an integrated, inclusive and transversal way, supporting and creating value for all the business lines and platforms of the group. The project in Porto is one of the biggest investments in Human Resources ever made by Groupe BPCE worldwide.

A disruptive mindset and a culture of proximity and agility identify Natixis in Portugal Team and reflect the company's mission to transform traditional banking at a global scale: a perfect match in the Portuguese dynamics and entrepreneurial ecosystem.

In 2024, Top Employers Institute has awarded Natixis in Portugal the Top Employer Portugal accreditation for the second time. This certification recognizes excellence in people practices, following the example of our head office, in France, who was certified Top Employer France for the eight year in a row.

Job Description

The Financial Risks department (40 FTE) is responsible for monitoring market, valuation, balance sheet, investment, and counterparty risks. It ensures consolidated oversight of these risks for the BPCE Group. The department defines and monitors the Group’s framework.

The "Certification and Analysis" (C&A) division is responsible for:

• Monitoring the Group framework and producing market risk and investment indicators within the Group’s scope (Trading book and banking book portfolio);
• Measuring counterparty risk metrics (XVA, PFE) and valuation (PVA);
• Producing regulatory reporting and exercises (ICAAP, EBA Stress Tests, etc.) for the Financial Risks scope;
• Managing and enhancing the production tools of the department.

Missions:

Within a dedicated risk monitoring team, part of the C&A division, you will work on risk indicators for the BPCE Group.

• Monitor daily productions on the tools related to the management of financial operations, market risk indicators (VaR, Stress-Tests and sensitivities), and counterparty risk;
• Analyze the daily indicators produced, send the reports to the relevant stakeholders, and monitor compliance with the framework limits;
• Daily control of compliance with investment rules, adherence to risk mandates, and conformity of trades;
• Conduct inventory campaigns of funds with asset management companies, using the applications provided.

Qualifications

• Higher education (Master's degree or equivalent) in finance and/or mathematics applied to finance;
• Over 5 years’ experience in finance/market risk;
• Good knowledge of financial products, financial risk indicators, and banking regulations;
• Proficiency in office tools, particularly Excel and Power BI;
• English Fluency (mandatory) and a good level of French (preferred);
• Rigorous, with strong analytical skills and the ability to make proposals; 
• Communication skills;
• Teamwork orientation and quality in communication.

We will only consider English Cv's.

Additional Information

At Natixis, we are committed to fostering a working environment where each and every one of our people is treated with dignity and respect and where every voice is heard. Our differences make us collectively stronger and are a source of fulfilment, innovation and performance.

In the framework of its Diversity, Equity & Inclusion policy, Natixis in Portugal has implemented a Blind CV Screening process, with the purpose of reducing hiring bias. A blind CV excludes any personal details which refer to the applicant’s gender, age or ethnicity. When applying for our positions, please submit a blind CV, that is, with no picture, name, gender, age, nationality, ethnicity and address. Your personal statement, work experience, courses and certifications, education, skills and contact information is what matters to us.

#MuchMoreThanJustAJob

Early morning. Campo 24 de Agosto. In 4 minutes, you are clocking in at the office. Start your day having breakfast with the Team and grab fresh fruit on the way to your seat, in one of Porto’s most typic