Solvency Metrics Analyst | Finance

Natixis; Porto; Hybrid; EUR 60,000 - 90,000; Full time

Benefits offered by this job

Green Transportation Budget

Honolulu Wellness Club

Lactation Room

Job summary

Natixis in Portugal invites applications for a role in the Solvency Calculation team in Porto. You will audit market risk indicators under the current framework and the target FRTB framework, contributing to accuracy, reporting and regulatory compliance.

The role requires experience in Banking Regulatory Calculation, plus proficiency in Excel and Power BI. You will work cross-functionally with risk and other teams, improving tools, processes and data quality in a hybrid work environment.

Qualifications

• Academic background in economics, finance and management.
• Banking Regulatory Calculation experience.
• Knowledge of Excel and Power BI; Regulation or norms.
• Knowledge of Banking Accounting.
• Results oriented.
• Team spirit & cross-functional collaboration.
• Proactive and rigorous in approach.
• Curiosity and autonomous thinking.

Responsibilities

• Calculate and analyse solvency metrics across perimeters (Credit Risk, Counterparty Risk, Market Risk, CVA, Large Exposures).
• Support production processes, reporting and regulatory compliance with insights for decision-making.
• Perform first-level controls during production and close cycles; formalise control framework.
• Analyze variances and trends for internal/external stakeholders (Risk, LOD2, Groupe BPCE).
• Enhance in-house calculation tools and streamline processes; improve data quality and controls.
• Draft and maintain operating procedures and control documentation to reflect evolving regulations.

Skills

Economics

Finance

Management

Banking Regulatory Calculation

Excel

Power BI

Regulation knowledge

Banking Accounting

Team spirit

Proactive

Rigorous

Autonomous thinking

Education

Economics/Finance/Management degree

Tools

MS Office (Excel)

Power BI

Job description

Natixis in Portugal is a Centre of Expertise whose mission is to transform traditional banking by developing innovative solutions for the business, operations and work culture of Groupe BPCE worldwide.

As part of Groupe BPCE’s international division, Natixis in Portugal designs and delivers solutions for its two core areas – Corporate & Investment Banking and Asset & Wealth Management – as well as transversal services that support all entities across the Group.

With more than 3,000 employees representing 46 nationalities, the teams work across Information Technology, Banking Support Activities, and Compliance, in an integrated, inclusive, and cross-functional way, supporting all business lines and platforms of the Group.

A disruptive mindset and a culture of proximity and agility identify Natixis in Portugal Team and reflect the company's mission to transform traditional banking at a global scale: a perfect match in the Portuguese dynamics and entrepreneurial ecosystem.

Job Description

As a member of Solvency Calculation team in Porto you will be in charge of auditing market risk indicators calculated under the current framework (standardized and internal model approach) and the target FRTB framework.

Key Responsibilities:

• Calculate and analyse solvency metrics across all relevant perimeters, including Credit Risk, Counterparty Risk, Market Risk, CVA and Large Exposures. Contribute to the production process, financial communications and ad hoc reporting, ensuring compliance with regulatory requirements and internal policies while providing insights to support decision‑making.
• Perform first-level controls during production cycles and formalise the control framework for monthly and quarter‑end closings to ensure the accuracy and reliability of regulatory indicators. Identify and elevate issues and risks to the appropriate stakeholders.
• Conduct case‑by‑case analyses for internal and external stakeholders, including the Risk Department, the LOD2 team and Groupe BPCE. Explain variations and trends, and propose action plans to mitigate risks and improve performance.
• Enhance in‑house calculation tools, ensuring they remain reliable and aligned with evolving business and regulatory requirements. Identify opportunities to simplify and improve the calculation environment by streamlining processes, automating recurring tasks and strengthening data quality and controls. Work with relevant stakeholders to define and implement enhancements, support testing and deployment, and promote the efficient and consistent use of the tools.
• Draft and maintain operating procedures and control documentation to reflect evolving regulations and internal policies, and to improve the efficiency and effectiveness of regulatory reporting processes.

Qualifications

• Academic background in Economics, Finance, and Management;
• Banking Regulatory Calculation experience;
• Knowledge of MS Office (Excel), Power BI,Regulation or norms;
• Knowledge of Banking Accounting;
• Result oriented;
• Team spirit & transversally;
• Proactive andRigorous;
• Curiosity and autonomous thinking.

We will only consider English cv's.

Additional Information

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.