Associate - Risk Controls - Market Risk

BNP Paribas Share Show more options Associate - Risk Controls - Market Risk  Mumbai, Maharashtra, India · 1 week ago · Over 100 applicants Promoted by hirer · Actively reviewing applicants Hybrid Full-time Easy Apply Save Save Associate - Risk Controls - Market Risk  at BNP Paribas Your profile matches several required qualifications Show match details BETA Is this information helpful? Get personalized tips to stand out to hirers Find jobs where you’re a top applicant and tailor your resume with the help of AI. Reactivate Premium: 50% Off People you can reach out to Apoorvaa and others in your network Show all Meet the hiring team Rose Srikrishna 2nd Connecting Talent with Opportunity | Talent Acquisition | Strategic Hiring Job poster · 1 mutual connection Message About the job Position OverviewAssociate – Risk and Controls within the Market Operations department (Product Control/COCE). The role is part of the Risk Control group within the V&RC organization, focusing on monitoring end-of-day and intraday risk limits, ensuring compliance with trader mandates, and managing the escalation and reporting of breaches. Job ResponsibilitiesRisk Control Framework: Contribute to the execution, analysis, and coordination of End-of-day and Intraday Risk Limits and Trader Mandates.Breach Management: Investigate, understand, and promptly escalate daily limit and mandate breaches in accordance with global policy; document all findings in daily, weekly, and monthly summary reports and dashboards.Stakeholder Interaction: Collaborate with Traders, Front Office management, Risk, Operations, and IT to understand risk computation methodologies and resolve discrepancies between Front Office and Risk systems.Mandate Management: Understand mandate characteristics across asset classes, investigate policy breaches, and coordinate global updates to mandate systems or reconciliation logic.Regulatory Compliance: Implement new controls and processes arising from regulatory changes (e.g., Volcker, French Banking Law).Permanent Control: Contribute to the broader Permanent Control framework and ensure control exhaustiveness and thorough documentation of changes. Required Education, Skills and Experience (must have)Education: Bachelor or Master Degree in Economics, Mathematics, or Finance.Experience: 2+ years of relevant financial industry experience.Technical Skills: Strong IT skills including intermediate to advanced Excel, VBA, and PowerPoint.Communication: Fluency in English (both oral and written) with the ability to communicate effectively to diverse audiences (Senior management, Trading, IT, Audit, etc.).Core Competencies: Strong control-oriented mindset, high attention to detail, and the ability to thrive under tight deadlines and pressure. Preferred Education, Skills and Experience (nice to have)Domain Knowledge: Prior experience in Risk, P&L, Product Control, or Audit; practical understanding of option theory and ability to explain pricing parameters (particularly Equity Options).Product Knowledge: Working knowledge across a wide range of asset classes, with a preference for Equities.Mathematical Proficiency: Technically strong in financial mathematics complemented by market practice knowledge.Soft Skills: Project coordination skills and a results/solutions-driven mindset capable of building consensus.