Business Overview:
The mission of RISK is to provide Senior Management of the Group and of the Operating Divisions, with full transparency and dynamic analysis of the risk and clients managed by Corporate and Investment Banking (CIB) and Investment Solutions (IS) business units, as per the scope detailed below.
The scope of RISK is:
- On Market and Liquidity risks: it is Group-wide. RISK comprehensively covers the CIB capital markets activities, ALM Treasury as well as the IS Business Units,
- On Counterparty risk: it is Group-wide. RISK covers all counterparty risks arising from derivative and repo transactions,
- On Credit risk: credit analysis and approval for all Financial Institutions (including Funds and SPVs), Sovereigns, Wealth Management clients and other IS private clients,
- On Insurance risk: risks generated by Insurance activities,
- Depending on mandates given, RISK also assumes, directly or indirectly, responsibilities on the above risk categories in specific areas of the Retail Business Units.
RISK contributes to the definition of the Group’s risk appetite, its risk decision making process and the optimization of capital allocation to support the development of the Operating Divisions.
The RISK ERA Systems team is part of RISK. Its mission consists in providing the Bank with a comprehensive capital markets risk system used to calculate market and counterparty risk capital figures using advanced methods and to support the needs of users for risk analysis, risk reporting and the credit process.
In this context, the Data Services team is responsible for the Data Integration chain which captures all of data from the front office and referential systems, transforms this data using Jython and captures it in the data warehouse. This data is then used by the Calculation teams to generate risks, the results of which are also processed in the Data Integration pipeline. The team is based in London with a small sub team in Mumbai. The team is working in AGILE mode and more precisely following the SAFe methodology
Candidate Success Factors:
Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:
- Results and Impact
- Able to influence peers and team.
- Demonstrates good judgement when making decisions of high complexity and impact.
- Exercise appropriate autonomy in the execution and delivery of work.
- Responsible for driving outcomes, which have meaningful effect on team or department.
- Leadership and Collaboration:
- Creates trust with colleagues.
- Acts in leadership capacity for projects, processes, or programs.
- Client, Customer and Stakeholder Focus:
- Able to build relationships with a mix of colleagues and clients.
- Interacts regularly with management and department leaders.
- Demonstrates the ability to influence stakeholders at the team level.
- Compliance Culture and Conduct:
- Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
- Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
Responsibilities:
We are looking for a Python Developer responsible for construction of application components and scripting to manage the transformation of data between upstream and the Risk System data warehouse. A broad understanding of financial products across all asset classes would be highly beneficial. Your primary focus will be the development of all server-side logic, ensuring high performance and efficient interaction with the data warehouse and the calculation services. Thus, a commitment to collaborative problem solving, sophisticated design, and product quality is essential. A competent level of understanding of SQL and database technologies is necessary as well.
We are looking for a Python Developer responsible for construction of application components and scripting to manage the transformation of data between upstream and the Risk System data warehouse. A broad understanding of financial products across all asset classes would be highly beneficial. Your primary focus will be the development of all server-side logic, ensuring high performance and efficient interaction with the data warehouse and the calculation services. Thus, a commitment to collaborative problem solving, sophisticated design, and product quality is essential. A competent level of understanding of SQL and database technologies is necessary as well.
Main Tasks and Responsibilities:
The successful candidate will be expected to fulfil the role of a Data Services Python developer as follows:
- Be part of a dynamic, agile team that as custodian of the Risk data for BNPP is at the heart of all that the Risk Systems department achieves on a daily basis.
- Design, build, and maintain efficient, reusable, and reliable Python code
- Rapidly prototyping solutions to quickly prove/disprove new concepts
- Design and implementation of low-latency, high-availability, and performant applications
- Work directly with Risk analysts and Product owners to turn functional requirements into efficient and maintainable code
- Ensure the best possible performance, quality, and responsiveness of the applications
- Identify bottlenecks and bugs, and devise solutions to these problems
- Help maintain code quality, organization, and automation
- Integration with a variety of data storage solutions
Required Qualifications
Minimum Qualification Requirements:
- Master’s degree in Computer Science, Finance or related field
- Data or Risk Management related business analysis experience is preferred
Technical Skills Required:
- Able to incrementally deliver server side applications to meet dynamic customer requirements
- Proficient in Python, with a good knowledge of its ecosystem
- Solid understanding of object-oriented programming and functional programming paradigms
- Familiar with Python application design and architectural patterns
- Demonstrable ability to write clean and readable code
- Experience with SQL and any industry standard relational database.
- Understanding fundamental design principles behind a scalable application
- Creating data schemas that represent and support business processes
- Unit test and debugging skills are welcome
Knowledge/Skills/Experience Required:
- Strong analytical skills with a creative and flexible approach to problem solving
- Capacity to work effectively in a team
- Delivery-focused with keen attention to detail
- Excellent interpersonal and organizational skills
- Professional and precise communication skills
Languages:
- English
- French is a plus but not mandatory
Preferred Qualifications;
- Experience of market and/or counterparty risk
- Exposure to the practical issues of data loading, validation and management
- Java 8 or above development experience
FINRA Registrations Required:
N/A
CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
N/A
SEC Security-Based Swap Dealer Associated Person:
N/A
The expected starting salary range for this position in New York City is between $135,000 to $185,000 annually/hour. Actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location
About BNP Paribas:
BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. In the United States, BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.
The bank employs nearly 6,000 people and has a presence in the country since the late 1800s in major cities including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver and Washington, DC.
As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose – to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.
BNP Paribas. The Bank for a Changing World – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.