Esg Risk Analyst

**GROUP BNP PARIBAS**

BNP Paribas Group is the top bank in the European Union and a major international banking establishment. It has close to 185,000 employees in 65 countries. In Spain we are more than 5,100 employees within 13 business lines.

**RISK HUB**:
RISK is an integrated and independent control function of the BNP Paribas Group. It is the second line of defense on the risk management activities of the Group which are under its direct responsibilities, including credit and counterparty risk, market risk, funding and liquidity risk, interest rate and foreign exchange risks in the banking book, insurance risk, operational risk, and environmental and social risks.

RISK aims at being a partner of the businesses by contributing to their sustainable development, but also a gatekeeper to ensure risks taken remain compatible with the Group’s Risk Appetite and its strategy.

RISK Iberian Hub Madrid is a transversal platform servicing the RISK Function by covering added-value activities around credit risk, market risk, operational risk and data protection. Offering a wide range of services to RISK teams, from consulting to cyber security going through data analysis, modelling or artificial intelligence.

**ABOUT THE JOB**:
MISSION

Environmental, Social, and Governance (ESG) topics are undergoing rapid and significant transformation, increasingly influencing the conduct, regulation, measurement, and reporting of business activities.

From a risk management perspective, BNP Paribas regards ESG factors as critical drivers that may influence existing risks, such as credit, operational, or market risks.

In this regard, BNP Paribas has committed to undertaking decisive actions to enhance the Bank’s initiatives and framework in these domains. Similarly, the RISK Function established the RISK ESG team at the end of 2020.

The RISK ESG team is an interdisciplinary group dedicated to supporting and guiding the integration of ESG risk factors into the Group’s comprehensive risk management framework.

The ESG Risk Analyst & Methodology Expert will report to the head of the Transversal Methodologies, Monitoring & Data Services team within RISK ESG Paris, with a local reporting line to the RISK ESG Team Leader in Madrid.

RESPONSIBILITIES
- Provide data and technical support to RISK ESG in daily risk analysis tasks, addressing increasing EBA reporting and data analysis requirements. Contribute to the operational integration of the ESG Cockpit and support the Head of RISK ESG in various Group/SF data-related meetings.
- Collaborate with RISK CIO, GDO, and ITG to ensure the continuous integration of ESG into the risk management framework, emphasizing the importance of data and IT platforms. Ensure alignment of Data and IT frameworks for ESG across the Group.
- Identify AI requirements and continue collaboration with Air Tech on implementation initiatives.
- Act as the second line of defence for portfolio alignment methodologies developed by the Climate Analytics & Alignment (C2A) team and for other relevant methodologies and frameworks. This includes evaluating the overall soundness of the models, assumptions, and proxies; documenting model selections and their implications; and facilitating coordination among RISK stakeholders during the review process.
- Assist in the development, industrialization, and deployment of the ESG risk cockpit and conduct ad-hoc risk analyses related to ESG risks at the portfolio and counterparty levels, contributing to internal monitoring and reporting (CCIRC, RDPC, RAS) as well as relevant external disclosures (e.g., Pillar 3, Climate Report).
- Support compliance with supervisory expectations and regulatory requirements by tracking action plans and implementing recommendations.
- Collect best practices for ESG risk monitoring through industry benchmarking, networking, and participation in external working groups.

**REQUIREMENTS**:
**KNOWLEDGE**:
**EDUCATION**: : university degree (ideally M2)

**EXPERIENCE**: at least 5 years in the financial industry.
- **Risk management**: relevant studies and experience in enterprise risk management: The role is intended for individuals with experience in risk management, particularly those who have worked on large-scale transformation projects in this area.
- **Languages**: proficiency in English, both written and oral, French will be nice to have.

**SKILLS**:

- **Technical Proficiency**: comprehensive IT skills, including advanced data analysis abilities such as proficiency in Excel or Power BI and the capability to collaborate with technical teams, are needed. Experience in programming languages (R, Python) is considered beneficial.
- **Adaptability and Curiosity**: ability to quickly adjust to new situations and a strong desire to learn and explore new concepts.
- **Autonomy and Proactivity**: independently managing tasks and initiating responses to challenges and opportunities.
- **Analytical and Synthesis Skills**: capabilities in analysing