At the heart of our business
The RISK department aims at being a partner of the businesses by contributing to their sustainable development, but also a gatekeeper to ensure risks taken remain compatible with the Group’s Risk Appetite and its strategy. The RISK function is independent, reporting directly to the CEO and Group Board and hence acts as a second line of defence for the Group.
Our risk management function ('RISK') is recognised in the industry as being first tier. Our main missions comprise:
The RISK function comprises a number of global business facing teams (such as experts setting credit lines or approving transactions) and is supported by global transversal teams (such as those who develop capital and exposure methodology, define and manage risk appetite, manage risk systems, operational & cyber risk and handle global risk analysis and reporting). Staff working for the majority of these global teams are present in the UK along with some UK specific teams working, for example, on data protection, on our own controls and UK regulatory risk and strategy.
Amongst the various RISK teams, the following two groups have available graduate positions for 2020:
RISK Global Markets is responsible for the monitoring of market, liquidity and counterparty risks of the BNP Paribas Corporate and Institutional Banking (CIB) perimeter. RISK GM helps the Group senior management, the RISK Function and Global Markets to make the best choices by anticipating on events and finding the right balance between profitability and long term protection of the Bank.
Typical duties comprise:
SIGMA is the quantitative modelling team with overall responsibility for market and counterparty credit risk models within BNP Paribas. Working in SIGMA, you can expect:
We employ over 5000 employees worldwide, with our RISK GM team present in 14 locations across Europe, Asia Pacific (APAC) and Americas. Our RISK SIGMA team also operates in several locations, including London, Paris, Lisbon, Brussels and New York.