BNP PARIBAS IN A FEW WORDS

BNP Paribas is the leading bank in the European Union. BNP Paribas has a presence in 60+ countries, with close to 190,000 employees.

The Group supports all its customers - individuals, associations, entrepreneurs, (Medium and Large Corporates), institutions and Sovereigns - in the success of their projects through its financing, investment, savings and protection solutions.

BNP Paribas holds key positions in its three operating divisions:

Commercial, Personal Banking & Services division brings together all of the Group's retail activities and specialized business lines

Investment & Protection Services includes specialized businesses offering a wide range of savings, investment and protection services

Corporate & Institutional Banking division offers tailored financial solutions for corporate and institutional clients

Our diversified and integrated model fosters close collaboration between our businesses that work towards a shared goal: to be at the service of our clients and the world we live in.

YOUR TEAM

Your team belongs to BNP Paribas RISK Division (5 500+ employees in 50+ countries), recognized for its excellence among its peers. RISK is an integrated and independent function, it covers all the risks of the Bank (credit, market, liquidity, operational, ESG risks). RISK is part of the control functions but is also a partner for Business Lines and helps them sustainably growing.

Inside RISK, MS4U (Model & Simulation for you) is a cross-functional team (400+ teammates), located in 10 countries and designed to provide integrated, end-to-end modelling and simulations capability. MS4U is the backbone of the Group’s future RISK modelling ecosystem. It strengthens our capacity to manage growing complexity, anticipate emerging risks, meet increasing regulatory expectations, and provide RISK, the Businesses and Finance & Strategy with the critical insights needed to make informed decisions.

MS4U is structured around five pillars: Produce, Advise, Steer, Model , Remind (Research, Memory and Intelligence of Data).

The Advise Pillar (15+ teammates) ensures Regulatory watch (Regulation anticipation, analysis and advocacy), supports the Top Management when designing modelling strategies and provides quantitative insights to be embedded in decision-making.

Advise - Model portfolio analysis and Strategy ('MOMA') in particular:

analyses the cost-benefit equilibrium of IRBA approaches use. This analysis is supported by a regular IRBA model inventory, augmented by the most meaningful/innovative indicators, including simulations.

constructs mid-term model-related trajectory of capital requirements, monitors the impacts for all entities of the Bank and ensures consistence in visions with Finance and Strategy Function when necessary, MOMA designs and maintains its own simulation tools.





also incubates or directly coordinates strategic programs to convert Regulation changes/challenges in transformation opportunities. For example, lately, MOMA has designed very large/transversal transformation programmes to prepare the Bank to CRR3 ("Basel 4") or align the model portfolio to Regulatory Guidelines ("IRB Repair") and even more recently, the PROUD Programme that supports a strategic decision which is the regulatory approach (Internal Rating Based Approaches -'IRBA' vs Standardized Approaches) (see below). The first two programmes are pluriannual and mobilize 100+ people in different divisions ensures that new models are swiftly implemented and inserted in credit risk processes

Integrating Advise - Model portfolio analysis and Strategy ('MOMA') gives you a lot of visibility and responsibilities.

YOUR MISSIONS

You will join the PPU Roll‑Out Decision team, a strategic workforce at the heart of BNPP’s credit risk framework. The team plays a key role in shaping regulatory approach decisions across the credit risk perimeter, ensuring the right balance between internal models and standardized approaches in a constantly evolving regulatory environment.

Your mission is to structure, steer, and industrialize regulatory approach decision‑making, with a direct impact on capital requirements, modelling strategy, and the Bank’s long‑term roadmap.

More specifically, you will:

Design and formalize a robust and transparent framework for regulatory approach selection (internal models vs. standardized approach)

Translate key CRR concepts, such as Exposure Type, into operational decision drivers supporting regulatory justification

Industrialize regulatory approach management within BNPP IT systems to enhance data quality, reduce operational risk, and strengthen governance

You will work in close collaboration with Finance, Risk, and Capital Management teams, and actively contribute to strategic discussions with CFOs and CROs. Through this transversal role, you will benefit from top‑level visibility and contribute to decisions shaping the 5‑year modelling roadmap of the Group

Your Key Responsibilities

On a day‑to‑day basis, you will:

Produce and maintain the Bank’s credit risk cartography, mapping exposures to their regulatory approaches

Analyze credit risk databases

Deliver and explain the PPU Roll‑Out Matrix, a cornerstone of regulatory approach monitoring





Ensure the robustness of this Matrix

Perform controls and consistency checks

Analyze and explain changes in regulatory approach, EAD, and RWA

Interact with Business Lines

Support the annual credit risk portfolio review

Actively contribute to the yearly regulatory approach assignment process

Engage with Business Line CFOs and CROs to support informed decision‑making

Contribute to the definition of the 5‑year modelling strategy, working with all relevant stakeholders across Risk, Finance, IT, and Governance

Drive continuous improvement initiatives

Support industrialization and automation projects

Participate in remediation actions and process enhancements

Identify and address operational and data quality improvement needs

Interact with other MS4U Pilars

This position offers a unique combination of strategic influence, transversal exposure, and technical depth. You will sit at the crossroads of regulation, modelling strategy, capital management, and IT transformation, playing a key role in how BNPP manages credit risk and regulatory capital over the long term.

EXPERTISE AND SKILLS

Business skills

Data Processing - with Excel/SAS/Python (Expert)

Data Visualization - with Excel/Python/R/Power BI/Tableau (Expert)

Credit risk modelling (Proficient)

Capital Requirement related Regulatory environment (Proficient)

Relationship management with Supervisors (Proficient)

Transversal skills

Ability to create relevant indicators and to inspire others & generate people's commitment (Proficient)

Analytical Ability (Proficient)

Ability to manage/facilitate a meeting, committee ... (Proficient)

Ability to explain technical topics in simple terms (Proficient)

Ability to develop and adapt a process (Proficient)

Behavioral skills

Ability to collaborate/Teamwork

Communication Skills - Oral & Written

Adaptability/Autonomy

Attention to Detail/Rigour

Curious

PROFILE

Graduated from at least a master's degree with a specialization in finance, risk, data science, statistics or economics

WHY SHOULD YOU CHOOSE BNP PARIBAS FOR THE NEXT STEP IN YOUR CAREER?

Because you want...

Interesting assignments / New professional challenges. Careers at BNP Paribas are constantly evolving. That's why we help you develop new skills through lifelong learning, regardless of your career so far.

To join a solid Group with ambition. The BNP Paribas Group has an enviable reputation for stability and the excellence of our businesses. But for us, the future is about more than just performance; it's about shared commitments.

- An attractive salary and benefits. We make sure that we pay you the fairest salary possible. But it's not just the salary that counts :you'll also enjoy many employee benefits and a healthy work-life balance.

📌 Internal Models Portfolio Strategist - Credit Risk (España)
🏢 BNP Paribas
📍 España