Associate/Sr. Associate- Data Management & Credit Analyst Financial Institutions/Funds

About BNP Paribas Group:

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 71 countries, with approximately 199,000 employees. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. 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.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 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 6000 employees, to provide support and develop best-in-class solutions

About Business line/Function :

RISK Institutionals & Security Services (RISK I2S) is one of the five domains of RISK. The domain has responsibility of the credit risk profile and related credit approval process for all Institutional clients, Intragroup entities and Market Infrastructures.

Main missions are:

• Recommend to Senior and General Management the target risk profile of RISK Institutionals & Securities Services activities in line with the Group target risk profile;

• Manage the credit approval process and policies;

• Adapt RISK I2S Domain to upcoming challenges;

• Act as RISK representative vis-à-vis the Coverage and Business lines;

Job Title:

Data Management & Credit Analyst

Date:

 2024

Department:

FIC ICAT APAC

Location:

Mumbai

Business Line / Function:

FIC

Reports to:

(Direct)

 Head

Grade: 

(if applicable)

 NA

(Functional)

Number of Direct Reports:

 NA

Directorship / Registration:

NA

Position Purpose

The Data Management & Credit Analyst will be actively contributing to the credit process and risk monitoring of Hedge Funds as well as perform credit analysis of funds counterparties in APAC region. The Credit Team is a main partner for the Senior Credit Officers and their “binomes” for the clients covered by the financial institution credit process and is also in permanent interaction with other business lines for uncovered clients

Responsibilities

Main responsibilities

Data Management

Net Asset Value Data (NAV) & Performance Data Collection and Management

·       Collect NAV & Performance information on Hedge Funds from various sources (emails, Asset Manager websites, Fund Administrators, External providers)

·       Perform Net Asset Value updates for Hedge Funds in Risk Navigator (RN) tool

·       Ensure that updates are performed with a maximum delay of 60 days after reporting date

·       Ensure that newly onboarded Hedge Funds are properly captured and that NAV is updated asap in RN tool

Organize, Prepare & Lead the Monthly HF NAV monitoring forum

·       Organize the Monthly HF NAV monitoring forums with credit teams (retro-planning with CRC and Credit Team, book the meeting)

·       Provide justification for missing/late NAV updates, missing triggers, Large NAV moves and NAV trigger breaches; for the Monthly HF NAV monitoring forums in each region

·       Contribute to the quality of process : use adequately the workflow system,  maintain critical client data, interact when needed with the various stakeholders of the credit process

Credit Analysis 

Mission

·       The credit analyst is responsible for completing credit analysis on a portfolio of Financial Institutions & Funds to facilitate informed credit decisions.

·       Develop in-depth understanding of the groups under the responsibility and develop market intelligence by investigating all available sources of credit and financial information.

·       Monitor permanently the portfolio under their responsibility to detect any credit issue requiring a specific review.

·       Conduct Annual and interim reviews. Produce in due time and present in Credit Committee a factual summary of client’s credit worthiness (credit proposal), compliant with the Bank’s guidelines. The credit proposal includes a recommendation on the ratings, the limits, the legal credit terms and the risk strategy vis-a-vis the client.

·       Perform portfolio reviews when required

·       Keep abreast of the changing methodologies and credit policies

Guarantee

·       Guarantee rigorous and synthetic credit risk analysis and recommendation (Annual review, ad hoc, credit notes, comparative analysis)

·       Guarantee the application of Bank’s procedures and policies and the consistency of Bank’s ratings

Contribute

·       Contribute to the formalisation of the credit decisions in the credit workflow tool

·       Contribute to the risk strategy definition by providing recommendation on the risk profile of the counterparty and on specific transactions in relationship with the appropriate stakeholders

·       Contribute to the Bank’s reactivity vis-à-vis clients’ expectations by prioritizing urgent requests under their responsibility with manager

·       Contribute to the quality of process : use adequately the credit process’ flow and workflow system,  maintain critical client data, interact efficiently ahead of credit committee with the various stakeholders of the credit process

·       Contribute to the development of policies, reports and risk tools, and to the Credit Process optimization

Interaction with Business Lines

·       Discuss the requests of Credit limits with the Business Lines

·       Provide credit analysis and recommendation in the frame of AR or ad hoc Credit Committee on clients followed by Business Lines

·       Work with Business Lines to mitigate risk related to the counterparties

·       Ask for Due diligence ‘s meeting or credit review

Technical & Behavioral Competencies

·       Strong and proven analytical skills

·       Adaptability and proactivity, multitasking

·       Strong presentation and communication skills (verbal and written)

·       Advanced knowledge of Microsoft Office (Word, Excel, PowerPoint)

·       Understanding of Corporate Banking and Capital Markets products

·       Self-driven and organized

·       Rigorous and reliable

·       Stretch to meet tight deadlines when required

·       Fluent in english

Specific Qualifications (if required)

Master’s Degree/MSc/Master 2 from Business School or University in Banking, Finance, Economics, Risk Management, Financial Markets or other relevant areas

3 years experience in a similar function

Languages

English (fluent)  

Additional Asian language would be welcomed

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Self-driven and with strong organizational skills;

Communication skills – oral & written

Adaptability and proactivity, multitasking;

Attention to detail / rigor

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to develop and adapt a process 

Team spirit

Education Level: 

Masters Degree or equivalent

Experience Level

At least 3 years

Other/Specific Qualifications (if required)

 NA