Valuation Methodology

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 18,000 employees* and a presence in 13 markets, BNP Paribas provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnerships.

Worldwide, BNP Paribas has a presence in 68 markets with more than 193,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. Asia Pacific is a key strategic region for BNP Paribas and it continues to develop its franchise in the region.
- excluding partnerships

BNP Paribas offers you an exciting career in an international business environment that is fast-paced, diverse and focuses on creating high-value relationships with our clients. We offer competitive salary and benefits, as well as a working environment where you’re valued as part of the team.

**Position Purpose**:
The mission of RISK Global Markets (“RISK GM”) is to provide Senior Management of the Group, of the RISK Function and of Global Markets with full transparency and dynamic analysis of the Market, counterparty, valuation and liquidity risks managed by CIB Global Markets.

This position is a hybrid role with equal share of responsibility between:
1. **Valuation Adjustments Team**; which is responsible for all processes related to Valuation Adjustments (FVR, PVA and IPV) among all asset classes and across all locations. This includes:

- Valuation adjustment **Methodologies**:

- **Data analysis** related to valuation adjustments
- Valuation adjustments **Monitoring** and **Production**:

- Any **Projects** related to valuation adjustment

2. **Quantitative Team**; which is responsible for independent review and control of all valuation models used for the generation of official daily P&L and risks across all asset classes and locations within Global Markets. This includes:

- Review and approval of all new valuation models, on both trading and potentially on certain banking books, taking into account their use and market conditions.
- Regular reassessment and re-review of existing valuation models.
- Maintenance of documentation supporting the above (re-)reviews, reassessments and approvals.
- Definition and regular review of model-related valuation adjustments (Fair Value and Prudent Value).
- Ensure consistency of approach and standards in all the above (across GBLs, regions ) and, where differences in approach are justified, ensure the justification is documented.

The position available within the RISK GM APAC team will be seated in Singapore with the rest of our Market Risk teams there. While the scope of the role will be global (across regions and asset classes) working in close partnership with the rest of the Valuation Adjustment team and Quantitative team worldwide (functionally), the APAC team will remain primary owner for topics that are Asia specific, and continuously work on building an expertise on Asian markets, risks and products.

**Responsibilities**

**Valuation Adjustment - Data Analysis / Production / Monitoring**
- Monitoring, production and reporting of reliable and accurate analysis in a timely manner
- Perform analysis of pricing information when required to and use the analysis to calibrate various inputs to valuation adjustments methodologies.
- Propose initiatives to automate calculation, analysis and reporting tasks and implement them.
- Provide decision-making analyses and information in negotiation and discussions around business decisions.
- Provide relevant quantitative facts based on data to review and challenge risk analysis from Global Markets.
- Inform relevant internal or external stakeholder for specific enquiries related to an analysis, a methodology or a
- data set.

**Valuation Adjustment - Methodology / Documentation / Maintenance**
- Participate to the creation of a reference implementation library and environment and transfer all current valuation methodologies into a unique reference implementation solution.
- Take ownership, maintain and enhance the current stock of methodologies.
- Document methodologies under responsibility following group established documentation guidelines
- Propose initiatives to facilitate the data manipulation of methodology inputs.
- Propose and implement controls to mitigate and alert on methodology shortcomings.
- Provide decision-making analyses and information in discussions about methodology decisions with key stakeholders (fr