Risk Simulation Engineer

Hybrid in Madrid·Added today

BNP Paribas

95 open roles

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What they offer

Hybrid
Office and home days — the ad has the split.

What they ask for

Have the right to work in Spain
BNP Paribas doesn't mention sponsorship in the ad.
Work in English
English is required, per the ad.
Be near Madrid for hybrid days
No relocation package mentioned.
Have 4+ years of experience
Mid-level role.

The role

Risk Simulation Engineer H/F

Ready to shape regulatory simulation engines for a global bank?
Want to turn complex risk calculations into scalable Python solutions?
Looking for a role that blends tech, finance and inclusive culture?

What you'll do

Design and develop Python‑based simulation services and reusable analytical components.
Translate regulatory and business needs into scalable simulation methodologies and technical implementations.
Maintain and enhance simulation traceability, lineage and reproducibility across environments.
Implement testing, CI/CD pipelines and orchestration for industrial deployment.
Collaborate with IT/platform teams to integrate simulation engines with production calculation ecosystems.
Support collateral/guarantee simulation mechanisms and result reconciliation.

Requirements

What we're looking for

Master's degree in Computer/Data Engineering, Risk or Finance.
Minimum 4 years of experience in data/ML engineering, software development for credit‑risk or regulatory models.
Strong Python development skills in analytical or simulation contexts.
Proficiency with version control, testing, documentation and code‑review practices.
Excellent English communication and ability to work with technical, analytical and regulatory stakeholders.

Nice to have

Good understanding of data pipelines, APIs and scalable execution environments (plus).

Pay & benefits

What you'll get

Comprehensive training programs and clear career paths with international mobility.
Active Diversity, equality and inclusion BNP Paribas committee and employee communities.
Corporate volunteering program (1 Million Hours 2 Help) enabling paid volunteer time.
Flexible compensation and hybrid work model (50 % remote).
31 vacation days and generous leave policies.

How they hire

At least two interviews for every role; some roles add more interviews or tests. About a month, depending on the role

Some roles involve more interviews and/or tests.

About BNP Paribas

BNP Paribas is a leading European banking and financial services group, operating in 64 countries with over 180,000 employees. In Spain, it employs around 5,450 professionals, offering corporate and institutional banking, investment and protection services, and retail banking solutions.

Industry: Banking
Founded: 1966
Employees: 100,000+
Headquarters: Paris, France
In Spain: Madrid, Barcelona
Website: bnpparibas.es

Good to know if you are moving

BNP Paribas in Spain has offices in Madrid and Barcelona, with a significant presence in the capital.
The company offers a range of roles in finance, risk, IT, and operations, often with opportunities for trainees and junior professionals.
Spanish language skills are typically required for many positions, though some roles may be open to international candidates.
The bank is known for its commitment to sustainable finance and corporate responsibility, which may appeal to values-driven professionals.

In their own words

About the company & team

ABOUT BNP PARIBAS
We are BNP Paribas, Europe's leading international bank with 178 000 professionals across 64 countries. Our Corporate & Institutional Banking division supports corporations and institutions with financing, advisory, capital‑markets and risk solutions. Leveraging a strong presence in Europe, the Americas and Asia‑Pacific, we help clients achieve their projects through innovative, responsible banking.

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.

MISSION
As a Simulation Engineer, you will drive the evolution and industrialization of our regulatory simulation engines. You will translate regulatory requirements into scalable Python services, ensure traceability and reproducibility, and embed CI/CD practices to enable robust, cross‑risk execution. Your work directly supports model‑portfolio transformations and enhances the bank's ability to meet capital‑requirements efficiently.

Additional information

BNP Paribas Group in Spain is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.

All open roles at BNP Paribas