Business Overview:
ALM Treasury is a Transversal Activity within BNP Paribas Group. ALM Treasury has three operational responsibilities and two prudential mandates. The three operational responsibilities are the management of the Group's liquidity position, the management of the interest rate risk in the banking book (IRRBB) and the management of the foreign exchange risks. The prudential mandates refer to the liquidity risks linked to the Group's profile and geographical presence, for which ALM Treasury exercises a responsibility similar to a Group function. ALM Treasury's mandates consist in assessing the liquidity risks of the Group and protecting the Group's signature.
ALM Treasury North America (ALMT NA) overviews the Combined US Operations (CUSO) and the Canadian activities. The CUSO of BNP Paribas includes the US branches and the Intermediate Holding Company of the Group (and its subsidiaries).
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:
• Monitor and interpret regulatory changes regarding liquidity and interest rate risks management, and use quantitative methods to evaluate their impact on the Bank's position and strategy.
• Apply data analysis and AI/ML techniques to identify patterns and trends in balance sheet and product data, and propose innovative solutions to optimize risks' management framework.
• Support the team in the development and validation of risk management proposals, using quantitative models and simulations to support decision making and present results to senior stakeholders and risk committees.
• Ensure timely and accurate implementation of the approved changes, in coordination with ALMT Liquidity and Rates Metrics and RISK ALMT teams.
• Maintain and improve documentation of models, limits, and procedures, striving to automate and streamline processes where relevant.
• Continuous monitoring of several topics during the year, such as the internal classification of new counterparties or new securities, which affects their treatment in the liquidity metrics - and often requires interpretation beyond the existing rules.
• Analyze regulations and public data sources using data mining and quantitative methods to benchmark the Bank's position against its peers and identify areas of improvement. Minimum Required Qualifications:
• Undergraduate degree or equivalent experience with a strong quantitative component
• Strong programming skills in a modern programming language (e.g., Python)
• Experience in all stages of data science: mining, analysis, and visualization
• A creative mind combined with strong problem skills to design elegant yet effective risk management solutions
• Excellent verbal and written communication skills with a talent to explain complex concepts in a simple yet comprehensive manner
• Ability to work well with others in a fast-paced environment Preferred Qualifications:
• 3 to 5 years' experience in financial services
• Master's degree in engineering or other math majors
• Hands on experience in AI/ML models
• We value diversity and inclusion and encourage candidates from all backgrounds and experiences to apply. We are looking for a motivated and talented individual who can learn and grow with us. If you have a passion for AI/ML and financial services and some of the relevant skills, we would love to hear from you FINRA Registrations Required:
• Not Applicable CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
• Not Applicable SEC Security-Based Swap Dealer Associated Person:
• Not Applicable The expected starting salary range for this position is between $130,000 to $145,000 annually. The 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.
In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.
This application will remain open until a candidate has been selected for the role. There is no specific application timeline.
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.The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. 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.
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 opportunitiesto 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.
