At a Glance
- Tasks: Support business users with Counterparty Market Risk services and resolve data/system issues.
- Company: Join BNP Paribas, a leading European bank with a global presence in 73 countries.
- Benefits: Enjoy 34 days holiday, private healthcare, and flexible lifestyle perks like gym memberships.
- Why this job: Be part of a dynamic team improving risk management processes in a collaborative environment.
- Qualifications: Ideal for those with IT and Risk management knowledge; banking experience is a plus.
- Other info: Work in an agile setting and mentor junior team members while enhancing your skills.
The predicted salary is between 36000 - 60000 £ per year.
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, International Financial Services and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.
BNP Paribas Corporate and Institutional Banking is a globally recognised leader offering capital markets, securities services, financing, treasury and advisory solutions. RISK Global Services is a stream within RISK which aims at being a single place for issues related to risk data/analysis, models/methodologies, stress-testing, market & counterparty risk systems.
RISK Systems Operations is part of RISK Systems and provides to its clients a range of services and products related to Market and Counterparty risk. RCA analyst – User Services will provide support and client facing role to business users in relation to production and application services for Counterparty Market Risk. Ensures that issues, risks and deviations are identified and reported to the appropriate stakeholders/decision makers promptly.
Key Responsibilities:
- Establish a relationship with the business and collaborate closely between project team, service transition and implementation of the controls required on the production framework.
- Resolution of data quality/system issues and adequate remediation actions.
- Perform data analysis and investigation to identify and define issues and define the cause of the problems.
- Provide framework on the tooling to enable sign-off.
- Deliver risk analysis on Market risk or counterparty risk domain from RCA perspective.
- Identify operational risk in running the service and related impact.
- Ensure consistency in operational approach and communication with stakeholders.
- Use best practices and knowledge of internal or external business issues to improve operations processes, services, and practices.
- Ensure adequate documentation and handover is provided to the operations team.
The Requirements:
- Detailed knowledge of IT and Risk management and processes.
- Good IT skills and a good understanding of the IT technologies, systems and architecture for RISK IT.
- Subject Matter Expert in one of areas (Market Risk, Counterparty Risk).
- Knowledge of IT risk management and cybersecurity principles.
Behavioural Skills:
- Results-Driven: Ability to deliver outcomes effectively.
- Client focus: Understanding of customer service and provide client with appropriate solution.
- Teamwork: Know how to work in a team and across teams.
- Communication: Strong communication, both verbal and written.
Technical Skills:
- Good finance background with sound experience in risk management.
- Knowledge of IT development languages, skills, and best practices in accordance with ITO guidelines.
Experience:
- Previous experience in the banking industry with a focus on Front office or Risk within a change function.
- Experience in the transition of IT deliveries from development into operations.
Tools and Methodologies:
- Proficiency in using Jira, Excel, Confluence, Teams, SharePoint.
- Familiarity with Lean, Agile Scrum, DevOps, Site Reliability Engineering, and Design Thinking principles.
BNP Paribas promotes equality of opportunity and is 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, race, religion or belief, sex or sexual orientation.
As an employee with BNP Paribas London Branch, you will be entitled to our award winning benefits package which includes a generous holiday allowance of at least 34 days, a non-contributory pension of 12%, private healthcare, GP service and dental cover all as standard.
RCA Analyst, User Services – Associate employer: BNP Paribas Group
Contact Detail:
BNP Paribas Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land RCA Analyst, User Services – Associate
✨Tip Number 1
Familiarise yourself with the specific tools and methodologies mentioned in the job description, such as Jira, Agile Scrum, and DevOps. Being able to discuss your experience with these tools during the interview will demonstrate your readiness for the role.
✨Tip Number 2
Network with current or former employees of BNP Paribas, especially those in the RISK Systems department. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach when applying.
✨Tip Number 3
Prepare to discuss your understanding of market and counterparty risk, as well as your analytical skills. Be ready to provide examples of how you've successfully resolved data quality issues or improved operational processes in previous roles.
✨Tip Number 4
Showcase your client-focused mindset by preparing examples of how you've provided excellent customer service in past positions. This will highlight your ability to understand and meet the needs of business users, which is crucial for this role.
We think you need these skills to ace RCA Analyst, User Services – Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in IT and risk management, particularly in areas like Market Risk and Counterparty Risk. Use specific examples that demonstrate your skills and achievements related to the job description.
Craft a Compelling Cover Letter: Write a cover letter that clearly explains why you are interested in the RCA Analyst position at BNP Paribas. Mention your understanding of their operations and how your background aligns with their needs, especially in risk analysis and client support.
Highlight Technical Skills: Emphasise your proficiency in tools like Jira, Excel, and Confluence, as well as your familiarity with Agile methodologies. This will show that you are well-equipped to handle the technical aspects of the role.
Showcase Communication Skills: Since strong communication is key for this role, provide examples in your application that demonstrate your ability to communicate effectively with stakeholders and team members. This could include past experiences where you successfully resolved issues or collaborated on projects.
How to prepare for a job interview at BNP Paribas Group
✨Understand the Role
Make sure you have a solid grasp of what an RCA Analyst does, especially in relation to Market and Counterparty risk. Familiarise yourself with the key responsibilities outlined in the job description, such as data analysis, risk controls, and client support.
✨Showcase Your Technical Skills
Be prepared to discuss your experience with relevant tools and methodologies like Jira, Agile, and risk management principles. Highlight any specific projects where you've successfully applied these skills, as this will demonstrate your capability to handle the technical aspects of the role.
✨Demonstrate Communication Skills
Since the role involves liaising with various stakeholders, practice articulating complex ideas clearly and concisely. Prepare examples of how you've effectively communicated in previous roles, particularly in high-pressure situations or when resolving conflicts.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and how you handle operational issues. Think of past experiences where you identified a problem, implemented a solution, and the outcome. This will help you illustrate your analytical skills and results-driven mindset.