Front Office Cross-Assets Quantitative Research -Risk & Pnl- Python,

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Unions leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

About BNP Paribas Group:

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

About Business line/Function:

The Global Markets Quantitative Research division headed by Yann le Cam is in charge of the modelling, pricing & risk management developments for the entire offering of products within the Global Markets activity. The team operates globally with representatives in London, Paris, Asia and New York and plays a critical role in providing innovative solutions. We are currently pushing to create a new team in India.

Our work requires a strong and permanent cooperation with trading and the Global Markets IT division to ensure all quant developments integrate optimally with the IT ecosystem, thereby ensuring the best deliveries to the business. Our expertise and projects also lead us to be a key contact for both operations and group risk management team.

Job Title:

Associate Level-1

Date:

03/03/2025

Department:

Global Markets Quantitative Research

Location:

Mumbai

Business Line / Function:

Transversal – Risk & PnL

Reports to:

(Direct)

Grade: 

(if applicable)

(Functional)

Dependent on scope

Number of Direct Reports:

NA

Directorship / Registration:

NA

Position Purpose

BNP Paribas CIB has launched the very ambitious plan aiming to strengthen our organisation and adapt CIB to ensure it remains a healthy and sustainable business in the long term, providing solutions to our clients, and core to the Group in its diversified business mix.

In this context, the Global Markets Quantitative Research is tasked to build along with the Global Markets IT a new pricing and risk management platform covering all asset classes for both flow and exotics products. To support this initiative, the bank has decided to create in India a pole of expertise around front office risk management and P&L Explain quantitative analysis. The need for such a team originates from the necessity to harmonise, industrialize, and strengthen our tools to support ever growing trade volumes while ensuring a high level of data quality and coping with more stringent regulations.

Responsibilities

The role being offered is to join this newly created pole of expertise fully integrated in the Functional Architecture team, part of Global Markets Quantitative Research. The job covers the following aspects:

• Familiarisation with BNP Paribas’s risk and pricing framework
• Grow in experience on risk and P&L Explain topics starting with data analysis topics and gradually improving your understanding of this data
• Use state of the art data analysis techniques to improve anomaly and outliers’ detection while providing insights into the required developments as well as monitor overall data quality and improve the service provided to our clients (trading, MO, RISK)
• Gain expertise in one or more of the asset classes we aim to cover (MACRO (IR / FX / Commodities), CREDIT and EQUITIES)
• Ensure remediation either locally or in collaboration with central teams of identified issues and weaknesses

All tasks above are to be conducted in close collaboration with the quantitative team management. By joining us you will become part of a global team with a global reach into the bank.

Technical & Behavioral Competencies

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Attention to detail / rigor

Creativity & Innovation / Problem solving

Critical thinking

Communication skills - oral & written

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to understand, explain and support change

Ability to develop and adapt a process 

Choose an item.

Choose an item.

Education Level: 

 Master Degree or equivalent

Experience Level

At least 1 year