Paris-Graduate Program 2018-Technical Models Analyst-Internal Audit-BNP Paribas

Paris – Graduate Program 2018 – Technical Models Analyst – Internal Audit






Paris – Graduate Program 2018 – Technical Models Analyst – Internal Audit

Job Description 

Internal Audit contributes to the protection of the activity and reputation of the BNP Paribas Group. Internal Audit provides an objective assurance of Risk Control to the BNP Paribas Group operations globally.

Within Internal Audit the “Markets & Models” Audit Line is in charge of covering the audit limit relating to Markets & Models group-wide. In particular, the scope of the Audit Line includes Global Markets activities, ALM-Treasury and all models in use within the Group.

Within the Markets & Models Audit Line, the “Models Incubator” brings together graduates from leading universities and schools, with a major in Quantitative Finance, Financial Mathematics, etc.

Inspectors within the Models Incubator work for 18 months (approx. 5 audit assignments) as Models Inspectors, performing audit assignments on models, reviewing the design, the validation, the implementation and the monitoring of a sample of models from various types (valuation, risk, ALM, credit, insurance) which are used within BNP Paribas.

After 18 months, the Models Inspectors have the possibility to either;

–          Move to different position within BNP Paribas

–          Continue their personal development by joining the Markets & Models “classical” Inspectors team

–          Participate in diversified assignments on Global Markets activities or ALM Treasury and models.

These assignments are often transversal and/or thematic, covering a specific activity or topic in multiple countries or product lines worldwide. These assignments often require a high level of geographical mobility.

The Models Inspectors report directly to the Deputy Head of Markets & Models Audit Line, in charge among others of the Model Risk Management Audit activities.

Internal Audit is recognized internally as a key talent pool and talent developer within BNP Paribas and successful Auditors will subsequently benefit from multiple career opportunities within the Group.

Key Responsibilities

During audit assignments on models (during their first 18-month period), Inspectors will:

  • Analyze and assess the quality of various types of models
  • Ensure that the models are mathematically and financially sound, and that their design and their validation were properly done
  • Ensure for every audit that any applicable regulation is complied with
  • Formulate dedicated findings and recommendations in order to identify gaps in the risk management framework
  • Evaluate the actions of the management teams audited
  • Contribute to, and produce key deliverables such as; synthetic feedback to auditees, scorecards, assignment ratings and assignment reports etc.

Academic Background

Leading university or business/engineering school

A major in Quantitative Finance, Statistics, Probability, Stochastic and Financial Mathematics

Familiarity with Data Analytics tools and methodologies would be a plus.

Behavioural Skills

  • Excellent adaptation skills
  • Ability to work in a team in a stimulating and demanding environment
  • Capacity to analyze and synthesize information
  • Fluent English (both written and spoken) is necessary, a second language is preferable.

Language Skills

  • Fluent English (both written and spoken) is necessary, a second language is preferable.






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