Counterparty Risk Analyst | Risk

Context/Objectives: As part of the Market & Counterparty Risk (M&CR) department, specifically within the Counterparty Risk (CPR) team, your mission will be to contribute to the enhancement and creation of tools for certifying counterparty risk metrics and monitoring limit breaches.

Our organization: NATIXIS's Risk Division (RISK) is responsible for monitoring and controlling the risks associated with all of NATIXIS's activities. It comprises specialized teams for counterparty, market, and operational risks. The Risk Division's objective is to provide management with rapid, objective, effective, and well-reasoned information on the risks NATIXIS is exposed to, to propose an appropriate risk management framework, and to oversee its implementation.

You will join the Market & Counterparty Risk (MCR) department, which has 300 employees worldwide and oversees Natixis's Global Markets activities. Within this department, the Counterparty Risk (CPR) team focuses on defining and monitoring counterparty risk, with three main pillars:

• Risk Management: Responsible for managing risk management-related topics (definition of the Risk Appetite Framework and its operational integration, handling one-off cases, preparing committees, and ad-hoc studies for management).
• Metrics Certification and Surveillance: Certifies risk metrics and monitors breaches.
• Transverse: Manages model oversight and provides expertise for development projects.

 

Job description: within the Metrics Certification and Surveillance Team, your primary responsibilities will include:

• Validate, control, and analyze counterparty risk indicators.
• Ensure the integrity of risk indicator certification processes and strict adherence to operational procedures.
• Implement and oversee continuous monitoring of counterparty risk exposures, ensuring compliance with defined limits for each counterparty and metric.
• Rigorously apply escalation procedures in cases of limit breaches or non-compliance, in close collaboration with Front Office, Risk Analysts, and Management. Prepare contributions for limit breaches and conduct committees.
• Work in close synergy with Front Office teams and Credit Analysts to present risks associated with existing portfolios and assess the impact of new transactions on counterparty exposures.
• Contribute to quantitative and qualitative analyses presented to Senior Management during regular counterparty risk surveillance committees.
• Actively participate in specific projects, and draft/maintain documentation, operational procedures, and work instructions related to your activities.

Required Skills:

• 3-6 years of relevant experience in a similar position
• Master's degree with a specialization in market finance or similar field.
• Proficiency in derivative products and securities financing operations (reverse repos and securities lending/borrowing).
• Knowledge of key metrics used for counterparty risk monitoring (e.g., Credit VaR or EEPE).
• Rigor and adaptability.
• Ability to drive and support change.
• Autonomy and organizational skills.
• Fluent English.

Optional but Valued Skills:

• Ability to clearly articulate user requirements and manage projects (prioritization, planning, progress tracking).
• Solid experience in using Power BI (including DAX and Power Query), along with a deep understanding of Business Intelligence concepts and data visualization.
• Knowledge of programming languages (VBA, SQL, Python, etc.).

Our workplace reflects the vibrant spirit of our locations, with initiatives such as a Green Transportation Budget, electric bikes and a flexible Hybrid Work Policy. We promote wellbeing through the Honolulu Wellness Club, a Prayer Room, a Lactation Room, and themed Villages that inspire creativity and collaboration. Through our ESG and DEI strategies, we are committed to being inclusive, caring, and fair, ensuring every voice is heard and valued.