BNP PARIBAS is currently looking for a Risk Capital Markets/Middle Office Manager (x)

BNP PARIBAS is one of the world’s premier investment banks and the Eurozone’s first largest bank by market capitalization. BNP Paribas possesses one of the largest international networks with a presence in over 85 countries and some 155,000 employees. Being "the bank for a changing world" we aim at servicing our customers with state-of-the art products and solutions. BNP Paribas Group in Hungary is one of the leading financial institutes in the field of serving corporate, institutional and private clients, consumer financing, leasing, vehicle fleet management and insurance. We seek to employ professionals who are able to identify themselves with our core values: commitment, ambition, creativity and responsiveness. BNP PARIBAS, Hungary Branch is currently looking for aAs an R-CM Manager you will:

• Work to ensure consistency with BNP Paribas wide risk management policies, procedures, and practices with respect to limit structures, risk measurement methodologies, valuation methods, risk monitoring, and reporting.
• Meet with the various risk creating business units within BNP Paribas Hungary Branch to determine that market risk exposures are properly reflected in the risk reporting.
• Monitor market risk exposures and analyze the reasons for changes in the type or level of exposure, or in the allocation of such exposure and report any concerns about the overall level of market risk.
• Work with BNP Paribas Central R-CM to oversee compliance with market risk limits, investigating violations and reporting these violations, the reason for their occurrence, and recommended corrective action to appropriate levels of Management.
• Coordinate the development, with the appropriate departments, of systems which either redress shortfalls in required reporting or which provide additional analytic capabilities not previously existent.
• Guarantee that market parameters used for revaluation purposes reflect true market conditions.
• Report to the Head of Territory and as well to the Group Risk Management.

As a Middle Office Manager you will :

• Support and control deal capture and deal flows in the front office system.
• Manage P&L production and analysis, explain unusual figures.

Qualities required are:

• 5 to 8 years relevant working experience.
• University degree preferably in finance or accounting.
• Knowledge of Reuters Kondor would be an advantage.
• Familiarity with IAS and Hungarian accounting standards.
• Financial mathematic skills.
• In-depth knowledge of financial products and derivatives.
• Strong analytical and problem solving skills.
• MS Excel Visual Basic programming skills.

If you satisfy the above criteria and are seeking a demanding career opportunity please send your English and Hungarian CV with photo quoting this advertisement to BNP PARIBAS, Hungary Branch, Human Resources, 1051 Budapest, Roosevelt tér 7-8., Tel: 374 6300, Fax: 302 4504, e-mail: applications.hu@bnpparibas.com
(x)