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RISK ESG ANALYST - CREDIT STREAM


BNP Paribas


Location

Alemania | Spain


Job description

BNP Paribas Group is the top bank in the European Union and a major international banking establishment. It has close to 185,000 employees in 65 countries. In Spain we are more than 5,100 employees within 12 business lines.

In many respects, banking is the business of managing risks. At BNP Paribas, our well-developed risk management culture is based on a long-term perspective, a committed management, and a strong and independent Risk organisation led by the RISK function. Created at the same time as BNP Paribas, the RISK function is today a global and independent function present in five continents and at the forefront of risk management through best-in-class expertise.
“Within RISK Iberian Hub, RISK Madrid Hub is a transversal platform servicing the RISK Function by covering added-value activities around credit risk, market risk, operational risk and data protection.

The hub is an international pool of talents gathering high-quality profiles and diverse skills to reach the excellence in terms of services provided. We may offer a wide range of services to your RISK teams, from consulting to cyber security going through data analysis, modelling or artificial intelligence. Our objective is to bring our expertise to optimize your process, enrich your daily activity and help you protect and serve the Bank.”

Environmental, Social and Governance (ESG) topics are areas of rapid and significant change, increasingly shaping how business is conducted, regulated, measured and reported on.

From a risk management perspective, BNP Paribas considers that ESG factors are risk drivers that may have potential impacts on existing risks such as credit, operational or market risks.

In this context, BNP Paribas has decided to take bold actions to further strengthen the Bank’s initiatives and framework in these areas. So did the RISK Function with the creation of the RISK ESG team at the end of 2020.

Accordingly, the RISK ESG team is a transversal team which aims at supporting and steering the integration of ESG risk factors within Group’s risk management framework.

MISSION:

Within the RISK ESG Team, the Credit Stream is in charge of credit related matters and processes requiring embedding ESG factors, across the Group various métiers/poles and for all Corporates clients and Financial Institutions.

RISK ESG Credit Stream, as part of the second line of defense, is accountable for the design and the sound functioning of the ESG risk management framework. It shall ensure adequate set-ups are in place to identify, assess, validate, measure, manage, monitor and report on the ESG related performance and risks through the client journey (from onboarding, products origination and through credit process).

RESPONSIBILITIES:

The Credit Stream is involved in setting-up ESG related frameworks, in coordination with business lines and other functions, and in ensuring their effective implementation in the operational processes, in particular credit process, encompassing:
- ESG assessment at the Counterparty level: ensuring suited ESG assessment methodologies are deployed and implemented in operational processes, so that ESG Assessment outcome can serve as a basis to assess any impact on the counterparty’s overall profile and adapt product offer and risk appetite
- ESG assessment at the transaction’s level: contributing to define articulation criteria of any transaction vs. counterparty-level ESG assessment and to operational insertion of transaction-level assessment in the credit process
- Operational risk linked to ESG in the credit chain for corporates: based on the above, ensure operational risks linked to the ongoing operational insertion of new ESG related credit matters are identified and adequate relating controls in place

As such, the Credit Stream is in charge of ensuring and/or effectively contributing to produce:
- ESG frameworks or set-ups (ESG assessment design, operational insertion, back-testing of ESG assessments’ methods etc…)
- Policies, procedures and guidelines ruling the above, ensuring they are comprehensive, exhaustive, up-to-date and provided to the relevant stakeholders (RISK, Business lines etc…) trainings with dedicated content articulation between poles/métiers are coherent Group-wide with consistency between processes and tools advising on ESG & credit related topics upon request
- Analyses of results of the assessments, dashboards, articulation with other ESG evaluation (NZBA, portfolio, other assessments methods in the bank etc…) participation in other RISK’s committees/forums to share information/expertise

The ESG analyst will report to the Credit Stream leader on all these topics.

REQUIREMENTS:

Training:

University Degree

Experience:

2 to 5 years of experience in the financial industry, and preferably in corporate banking (financing métier or coverage entity)

Languages:

•  English:Fluent
•  French:Optional

SKILLS:

Technical:

• Knowledge in corporate credit analysis
• Knowledge of the credit process and ideally related operational process of the credit chain
• Knowledge and interest in ESG would be a plus

Trasversal & Behavioral:

•  adaptability
•  Organizational skills
•  Ability to inspire others & generate people's commitment

BENEFITS:

• Training programs, career plans and internal mobility opportunities, national and international thanks to our presence in different countries.
• Diversity and Inclusion Committee that ensures an inclusive work environment. In recent years, several employee communities have been created to organize diversity and inclusion awareness actions (PRIDE, We Generations and MixCity).
• Corporate volunteering program (1 Million Hours 2 Help) in which employees can dedicate time out of their working hours to volunteer activities.
• Flexible compensation plan
• Hybrid telecommuting model (50%)
• 31 vacation days

Diversity and Inclusion commitment

BNP Paribas Group in Spain 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.


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Empleo permanenteTiempo completoTrabajo híbridoRemoto


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