About the Job
Securitised Products (SP) is one of BNPP’s Global Capital Markets business lines and covers several businesses, including Asset-Backed Securities (ABS), Collateralized Loan Obligation (CLO) & Private Debt Financing. SP works with corporate and institutional clients, to provide them with financing, risk transfer and capital markets access, through securitisation transactions across a range of asset classes.
The NFR team is responsible for identifying, assessing, and monitoring operational, fraud, and other non-financial risks associated with clients' businesses in both initial Due Diligence and ongoing monitoring. This is a critical role that requires an understanding of operational risk management principles, as well as strong analytical, communication. The successful candidate will have access to certified third-party providers for conducting such tasks.
Your Main Activities Are
As an analyst, you will be expected to support non‑financial‑risk due‑diligence cycle, representing SP with other teams when relevant and to support the business
Client Operational Risk Assessment:
Collect and review data on clients' operational risks, including internal and external fraud, customer and products risks, business disruption, and KYC/AML/Compliance set-up
Evaluate SPG clients' risk management practices, controls, ownership and governance structures to identify potential vulnerabilities and compliance risks
Risk Rating and Grading:
Apply the established operational‑risk rating methodology to assign operational risk ratings to clients
Document the rationale for each rating and prepare briefing notes for credit teams
Update ratings when trigger events occur (e.g., negative news, audit findings)
Client Monitoring and Review:
Perform periodic reviews of client financial statements, cash‑movement reports, and external audit opinions for operational‑risk indicators
Monitor and summarise findings from open sources, including news media, company filings, regulatory disclosures and court records, leveraging AI and internal tools as applicable
Risk Mitigation and Controls:
Work with credit and structuring teams to capture agreed mitigation actions (e.g., additional covenants, monitoring triggers).
Keep track of the risk controls and verify completion of pending action items
Reporting and Governance:
Produce regular operational‑risk reports to senior management, credit committees, and other stakeholders.
Participate in credit committee meetings to provide operational risk insights
Agreed‑Upon‑Procedures (AUP) Execution
Assist in scoping AUP engagements (sample size, period, focus areas)
Draft initial findings and highlight control weaknesses
Profile and Skills for Success
Fluency in English and excellent communication skills
1-2 experience in operational risk management or a related field, preferably in a financial services or lending environment
Awareness of KYC/AML/Compliance regulations and related banking industry standards are a plus
Great team spirit and ability to collaborate with others
Strong initiative, commitment, and ability to develop and manage internal procedures
#LI-Hybrid
Why joining BNP Paribas?
Leading banking institution
Leading player in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe
International reach
The Group holds key positions in several areas of banking and financial services that are structured around three operating divisions:
Corporate & Institutional Banking (CIB) connects companies needing financing and institutional clients looking for investment opportunities division that offers tailored financial solutions for corporate and institutional clients.
Commercial, Personal Banking & Services (CPBS) brings together all our commercial banks and several specialised businesses
Investment & Protection Services (IPS) combines a unique continuum of products and services across protection, saving, investment and real estate including specialised businesses offering a wide range of savings, investment and protection services
Our presence in Portugal
In Portugal since 1985, BNP Paribas today has more than 9.220 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 centres of expertise providing value-added services to various countries where the BNP Paribas Group also operates.
Diversity and Inclusion commitment
BNP Paribas ´ambition is to cultivate an open and responsive environment for all that encourages collaboration and interaction. We demonstrate our commitment by actively contributing to the Group’s Diversity and Inclusion strategy and goals, in line with the United Nations Sustainable Development Goals. As part of our local Corporate and Social Responsibility – Diversity & Inclusion strategy, BNP Paribas Portugal is committed to:
Promote a fair and unbiased recruitment process and offer professional development opportunities to all employees
Celebrate diversity and advocate for inclusion, both externally and internally, encouraging employee’s participation, creating space for different voices to be heard.
To foster the effort of BNP Paribas Portugal, multiple initiatives and events take place throughout the year where our people can find out more on the importance of diversity inclusion at the workplace and in our society.
Remote Working Conditions
At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working options adapted to our hybrid working environment. To ensure a comfortable and efficient working setup, eligible employees are provided with both office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional items at reduced prices.
Commitment towards work/life balance
Supporting employees in a hybrid way of working while providing them with the means to maintain a work-life balance is an essential dimension of our Smart Working program. At BNP Paribas, we care about our employees’ wellbeing and promote a culture of good integration between work and personal life.
To find out more on why you should join BNP Paribas please read our Employee Value Proposition and our Career path page .
- Please note that only applications submitted in English will be considered.
- In case you are selected for this role, further documentation will be requested to support your hiring process.
