In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal’s Top Employers in 2024. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.
The position at a glance
RISK is a fully independent function whose mission is to advise the bank’s top management on risk appetite, to provide fast and reliable information about the risk profile to report, to offer high quality risk management expertise to the group’s stakeholders as well as to foster risk anticipation
RISK Markets & Financial Institutions (“RISK MFI”) is responsible for the monitoring of market, liquidity and counterparty risks of the BNP Paribas Corporate and Institutional Banking (CIB) perimeter. RISK MFI helps the Group senior management, the RISK Function and Global Markets to make the best choices by anticipating on events and finding the right balance between profitability and long-term protection of the Bank. RISK MFI is organized into 2 streams (Analysis & Decisions and Platform), present in 14 locations across Europe, Asia Pacific (APAC) and Americas.
In detail
As part of the RISK MFI Platform Americas team, the candidate will have the following responsibilities:
· Monitor the main risks and limits, which are typically in the market/counterparty/credit scope.
· Manage production issues affecting market/counterparty/credit risks in tandem with relevant stakeholders (e.g. IT teams, Front Office, etc).
· Provide pre-trade assistance (e.g. new trade simulations) and post-trade investigation (e.g. overestimated exposures).
· Perform portfolio analysis to support preparation for credit committees.
· Analyze and report on portfolio and risk evolutions.
· Contribute to improving team knowledge/skills.
· Participate in process harmonization with counterparts in other regions, such as Europe and Asia.
· Participate in innovation projects to improve process efficiency.
· Participate in working groups as part of RISK initiatives.
· Other tasks as necessary to support the mission and objectives of RISK MFI Platform.
While the above responsibilities form the core overall responsibilities, this role will specifically support two additional responsibilities of RISK MFI Platform Americas:
· Act as a regional hub coordinator for exposure management activities that are centralized globally (in Europe), and/or
· Provide dedicated risk monitoring for the Securities Services business line, in coordination with peers from other regions.
The strengths and skills that will help you succeed
· A minimum of a Bachelor’s degree in Engineering, Financial Engineering, Finance, Math, Sciences, Economics, Econometrics or related discipline.
· 7 to 10 years of experience, including 5 years of Market risk and/or Counterparty risk experience, with a preference for a strong foundation in financial product knowledge (e.g. bond pricing, definition of Greeks (Delta/Vega/Gamma), concepts of option pricing, etc).
· Proficiency with MS Office Tools, and an interest in developing practical solutions to data analysis problems by using more advanced solutions (Python),
· Exposure to banking regulation issues is an advantage but not a requirement.
· Proficient written & oral communication
· Motivation and ability to work collaboratively as part of a global team
· Curiosity and ability to learn quickly and being results driven
· Capacity for critical thinking & express good judgement and a sense of responsibility
· High degree of work ethic and exemplary conduct
· Excellent organizational skills
· Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. Knowledge of the English is required
What’s in it for you
In addition to competitive compensation, we offer flexible benefits including a family and spouse insurance program, a defined contribution pension plan and paid days for volunteering. Hybrid work arrangements, such as remote working up to 50% and flexible working hours are available for most positions. BNP Paribas provides excellent training and personal development programs, as well as opportunities for career development within the company and internationally.
To find out more about our range of benefits, click here
What you need to know
· We will review candidates as they apply, so don’t wait to submit your application;
· BNP Paribas is committed to accessibility and inclusion. If you need any accommodation during the recruitment process, you can contact accessibility@us.bnpparibas.com
· You must be legally eligible to work in the Greater Montreal area and, if applicable, hold a valid work or study permit. Physical presence in BNP Paribas’ office(s) is an essential function of this position;
Diversity, Equity and Inclusion (DE&I) at the heart of our commitments
At BNP Paribas all employees are on an equal footing allowing us to create a work environment that values and respects people for their talents, skills and competences.
BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, colour, national origin, sex, disability, age, and other protected status (Employment Equity Act and Canadian Human Right Act).
To learn more about our DE&I commitments, click here
About us
BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 63 countries, with more than 180,000 employees, the bank holds key positions in several areas of banking and financial services.
BNP Paribas’ mission is to contribute to a responsible and sustainable economy by financing and advising its clients according to the highest ethical standards, while striving to respond to essential concerns in terms of the environment, regional development and social inclusion.
Since 1961, BNP Paribas has supported large Canadian companies and institutions in their business development by offering a full range of specialized financial services and investment products.
With over 1,400 employees, BNP Paribas in Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.
Our certifications and partnerships
· Montreal’s Top Employers 2024
· Canada’s Best Diversity Employers 2024
· Women in Governance – Parity certified – Platinum certification
· Pride at Work Canada
· Rainbow Accreditation issued by Canada’s LGBT+ Chamber of Commerce (CGLCC)
· Part of Les Affaires top 300 companies in Quebec
· Synclusiv
· Ready, Willing and Able
· Autisme sans Limites
· LinkedIn Top Companies 2024
Do you want to discover other BNP Paribas offers in Canada?
Click here: BNP Paribas in Canada Our job offers
** Only selected applications that meet the requirements of the role will be contacted **
Due diligence Officer
In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal’s Top Employers in 2024. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.
The position at a glance
As part of a comprehensive action plan for the prevention of money laundering and financing of terrorist activities (“AML”), the Due Diligence Analyst assesses client risk by completing the “Know Your Customer” form (“KYC”); this includes the sensitivity proposal based on the sensitivity analysis results, which are determined by an evaluation grid. The Analyst will be in direct contact with clients (internal and external) in order to obtain the documentation required by internal and external regulations. The Analyst will work closely with other due diligence officers in the BNP Paribas Group network.
The role is to perform CIB Clients due diligence analysis and checks at the client Onboarding and recertification and to contribute the overall client’s assessment in terms of KYC.
The Analyst is also in charge of maintaining the department’s database, as well as preparing reports and statistics for submission to executive management on a regular basis.
In detail
- Understand the principles and be familiar with CIB products
- Aware of various types of trading entities – limited, private and public companies, holding companies, hedge funds, asset managers, special purpose vehicle’s, trust’s etc.
- Complete KYC forms for compliance purposes, including the following:
- Conduct research on legal entities in the Bank’s systems as well as in official government records and other public websites
- Conduct basic corporate financial research;
- Conduct research on the economic activities of legal entities using available internal documents, such as credit proposals, or on public websites, such as Business Week (sector/industry type, products, services sold, localization of main suppliers, main clients and operation locations);
- Evaluate client sensitivity according to a predetermined grid and instructions;
- Communicate with clients, as needed, to gather information on beneficial ownership or on any other missing documents.
- Notify the compliance/financial security department if a client’s identity or documents appear fraudulent or suspicious.
- Monitor problematic situations.
- Verify the compliance monitoring process: have relationship managers and the business-line head sign and review the KYC form.
- Help with process implementation and verification and participate in procedure updates.
- Complete the form in compliance with the Bank’s internal and external regulations within set timelines.
- Manage and follow-up on reports required by financial intelligence units in Canada and Paris within the set timelines.
- Take part in different projects under the supervision of the Head of Due Diligence.
The strengths and skills that will help you succeed
- Bachelor’s in administration or business and expertise relevant to the main duties described above.
- 1-2 years’ experience.
- Theoretical or general knowledge of banking products and legal documentation in the banking sector.
- Knowledge of banking sector compliance rules.
- Good understanding of legal business structures to determine a legal entity’s final beneficiaries.
- Good knowledge of IT tools and software.
- Rigorous work performance.
- Good judgement and analytical skills and takes initiative.
- Excellent communication skills, both verbal and written.
- Ability to manage stress and prioritize.
- Ability to work in a team.
- Customer service skills.Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. Knowledge of the English is required
What’s in it for you
In addition to competitive compensation, we hybrid work arrangements, such as remote working and flexible working hours are available for most positions. BNP Paribas provides opportunities for career development within the company and internationally.
What you need to know
- We will review candidates as they apply, so don’t wait to submit your application;
- BNP Paribas is committed to accessibility and inclusion. If you need any accommodation during the recruitment process, you can contact accessibility@us.bnpparibas.com
- You must be legally eligible to work in the Greater Montreal area and, if applicable, hold a valid work or study permit. Physical presence in BNP Paribas’ office(s) is an essential function of this position;
- Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. These will be clearly mentioned in the qualifications of the position;
Diversity, Equity and Inclusion (DE&I) at the heart of our commitments
At BNP Paribas all employees are on an equal footing allowing us to create a work environment that values and respects people for their talents, skills and competences.
BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, colour, national origin, sex, disability, age, and other protected status (Employment Equity Act and Canadian Human Right Act).
To learn more about our DE&I commitments, click here
About us
BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 63 countries, with more than 180,000 employees, the bank holds key positions in several areas of banking and financial services.
BNP Paribas’ mission is to contribute to a responsible and sustainable economy by financing and advising its clients according to the highest ethical standards, while striving to respond to essential concerns in terms of the environment, regional development and social inclusion.
Since 1961, BNP Paribas has supported large Canadian companies and institutions in their business development by offering a full range of specialized financial services and investment products.
With over 1,400 employees, BNP Paribas in Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.
Our certifications and partnerships
- Montreal Top Employer 2024
- Canada’s Best Diversity Employer 2024
- Women in Governance – Parity certified – Gold certification
- Pride at Work Canada
- Rainbow Accreditation issued by Canada’s LGBT+ Chamber of Commerce (CGLCC)
- IndigenousWorks
- Part of Les Affaires top 300 companies in Quebec
- Synclusiv
- Ready, Willing and Able
- Autisme sans Limites
Do you want to discover other BNP Paribas offers in Canada?
Click here: BNP Paribas in Canada Our job offers
In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal’s Top Employers in 2024. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.
The position at a glance
RISK ORM Functions and Global Banking team is acting as the 2nd Line of Defense for the Functions and Global Banking Business Line (‘GB-BL’) in the Americas. You will be in charge of supervising the tax processes entering within RISK ORM supervision perimeter (tax watch, tax advice, back-office chains treatment, audit and litigations and tax returns and payments). This role covers mainly tax processes transversal to the territory or to the Business Lines or Functions concerned CIB AMERICAS. It also includes the interactions with the different stakeholders, notably with the Tax Department, the other control Functions (Compliance, Finance, Legal), and the RISK ORM network.
In detail
This role will contain several axes:
- As second line of defense on your direct supervision perimeter, and in line with the Operational Risk Specialist mission statement, you will ensure the robustness of the Operational Risk Management Framework (ORMF) and its alignment with Group standards. You will particularly ensure, in liaison with and supporting the Territory’s entities/Business Lines’ Operational Risk Officers (OROs), the global coverage of tax processes by the ORMF system (cartography, deployment, follow-up, consolidation and reporting of the set-up and the risks…).
- You will advise the entity’s management in operational risk assessment on tax processes entering in your supervision perimeter, specifically during decision or information instances (new activities approvals, derogations validation, contributions to Internal Control Committees or equivalent).
- You will supervise and control the entity’s Tax Department, for the processes entering in RISK ORM supervision perimeter. As part of your supervisions, you will carry out the tasks of an ORO: through the review / the challenge of the risk and control assessment (Risk & Control Self-Assessment) performed by first level teams, the definition, and the execution of second level controls, the review of Historical Incidents (HI), the quantification of Potential Incidents (PI) and the follow-up of findings, recommendations, and action plans.
- You will alert and report in adapted manner to the proper level of management (of RISK Function and the concerned entity).
- You will provide a methodological support to the RISK ORM Business Lines and Functions’ teams pertaining to tax processes in your perimeter and you will interact regularly with these latter to share best practices. Depending on your supervision perimeter and on the organization of your entity, you could also coordinate these teams.
- You will contribute to the global and consistent deployment of the second level controls throughout the Group on the tax processes perimeter.
- Finally, you will contribute to the aggregation/consolidation of the different entities reporting (incidents, risk assessment, control results…) to provide a transversal view of operational risks on the tax processes for your perimeter.
The strengths and skills that will help you succeed
–
- Bachelor’s Degree in Audit, Risk or another financial Industry related field;
- Minimum 7 years of experience working in CIB Functions and/or Businesses on specific products and processes or detailed understanding/experience in Operational Risk Management or Operational Permanent Controller;
- Good knowledge of Finance and/or Tax specifics;
- Capacity to anticipate business / strategic evolutions;
- Ability to manage and analyze large amounts of data;
- Excellent analytical and organizational skills;
- Experience effectively interacting and communicating with senior leaders;
- Experience in developing, writing, and communicating policies and procedures;
- Project Management skills a plus;
- Proficiency in Microsoft Office suite (Word, Excel, PowerPoint);
- Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. Knowledge of the English is required.
What’s in it for you
In addition to competitive compensation, we offer flexible benefits including a family and spouse insurance program, a defined contribution pension plan and paid days for volunteering. Hybrid work arrangements, such as remote working up to 50% and flexible working hours are available for most positions. BNP Paribas provides excellent training and personal development programs, as well as opportunities for career development within the company and internationally.
To find out more about our range of benefits, click here
What you need to know
· We will review candidates as they apply, so don’t wait to submit your application;
· BNP Paribas is committed to accessibility and inclusion. If you need any accommodation during the recruitment process, you can contact accessibility@us.bnpparibas.com
· You must be legally eligible to work in the Greater Montreal area and, if applicable, hold a valid work or study permit. Physical presence in BNP Paribas’ office(s) is an essential function of this position;
Diversity, Equity and Inclusion (DE&I) at the heart of our commitments
At BNP Paribas all employees are on an equal footing allowing us to create a work environment that values and respects people for their talents, skills and competences.
BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, colour, national origin, sex, disability, age, and other protected status (Employment Equity Act and Canadian Human Right Act).
To learn more about our DE&I commitments, click here
About us
BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 63 countries, with more than 180,000 employees, the bank holds key positions in several areas of banking and financial services.
BNP Paribas’ mission is to contribute to a responsible and sustainable economy by financing and advising its clients according to the highest ethical standards, while striving to respond to essential concerns in terms of the environment, regional development and social inclusion.
Since 1961, BNP Paribas has supported large Canadian companies and institutions in their business development by offering a full range of specialized financial services and investment products.
With over 1,400 employees, BNP Paribas in Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.
Our certifications and partnerships
· Montreal’s Top Employers 2024
· Canada’s Best Diversity Employers 2024
· Women in Governance – Parity certified – Platinum certification
· Pride at Work Canada
· Rainbow Accreditation issued by Canada’s LGBT+ Chamber of Commerce (CGLCC)
· Part of Les Affaires top 300 companies in Quebec
· Synclusiv
· Ready, Willing and Able
· Autisme sans Limites
· LinkedIn Top Companies 2024
Do you want to discover other BNP Paribas offers in Canada?
Click here: BNP Paribas in Canada Our job offers
** Only selected applications that meet the requirements of the role will be contacted **
In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal’s Top Employers in 2024. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.
The position at a glance
Within the risk function, Risk Corporate is jointly responsible along with the originating Investment Banking business line for the management of credit risks of corporate clients. As such, Risk Corporate is involved in risk assessment of all types of transactions for these clients under traditional banking products (such as loans and L/C’s), capital market products (underwriting) and market facilities (such as futures, interest rate and commodity derivatives, and FX).
New York Risk Corporate Platform acts as a regional decentralized entity of the Risk function with the full responsibility and extensive credit delegations in the Americas.
In detail
• Review the proposed credit facilities and provide an independent opinion on the inherent risks of the transactions.
• Contribute to the sound structure of the credit and market facilities and related documentation by providing advice and support to the account officers.
• When the decision is within his / her own Credit Delegation, co-chair the Credit Committee with the Business line Delegation Holder, or in other cases, participate actively in the Credit Committee and assist the Chief Credit Officer or his/her deputies.
• Issue formal Committee Minutes, detailing the local decision and/or recommendation to Head Office.
• Ensure the quality of the Counterparty Risk Ratings (CRRs) and Global Recovery Rates (GRRs).
• Identify, assess and measure material emerging risks in assigned credit portfolio.
• Monitor risk-taking activities and risk exposures to ensure they are in line with the board-approved risk appetite, risk limits and corresponding capital or liquidity needs.
• Contribute to the overall quality of the portfolio by staying current with macro-economic conditions and maintaining day-to-day awareness of the latest developments that may affect the risk ratings and outlook of the portfolio or individual credits, the integrity of flagged credits, and the status of doubtful credits.
• Ensure, jointly with the Business and Client lines, through the provisioning process, that the value placed on the Bank’s assets is realistic.
• Contribute to the establishment of the Bank’s Credit Policies and Rating Policies and to the process of credit validation.
• Contribute to the discussion and consideration of new and existing product strategy.
• Contribute ideas, on a continuing basis, to the improvement of risk assessment, monitoring, and control.
• Liaise with and be responsive to auditors (both internal and external) and regulatory authorities on matters relating to informational requests, reviews, and findings.
The strengths and skills that will help you succeed
– Minimum 15 years of experience in finance including at least 5 years in a credit or risk management position. Extensive experience with Investment Banking products is a plus.
– Bachelor’s degree, MBA a plus
– Experience with legal underpinnings and documentation of secured and unsecured lending
– Strong understanding of the market structure and regulatory environment of the US markets
– In-depth experience of the risk assessment and quantification of traditional (i.e. swaps, options and futures) and structured derivatives as well as monitoring of the related counterparty exposure.
– Experience with legal documentation and with Interagency Leveraged Lending Guidance
– Excellent analytical skills,
– Strong written and verbal communication skills.
– Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. Knowledge of the English is required.
What’s in it for you
In addition to competitive compensation, we offer flexible benefits including a family and spouse insurance program, a defined contribution pension plan and paid days for volunteering. Hybrid work arrangements, such as remote working up to 50% and flexible working hours are available for most positions. BNP Paribas provides excellent training and personal development programs, as well as opportunities for career development within the company and internationally.
To find out more about our range of benefits, click here
What you need to know
· We will review candidates as they apply, so don’t wait to submit your application;
· BNP Paribas is committed to accessibility and inclusion. If you need any accommodation during the recruitment process, you can contact accessibility@us.bnpparibas.com
· You must be legally eligible to work in the Greater Montreal area and, if applicable, hold a valid work or study permit. Physical presence in BNP Paribas’ office(s) is an essential function of this position;
Diversity, Equity and Inclusion (DE&I) at the heart of our commitments
At BNP Paribas all employees are on an equal footing allowing us to create a work environment that values and respects people for their talents, skills and competences.
BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, colour, national origin, sex, disability, age, and other protected status (Employment Equity Act and Canadian Human Right Act).
To learn more about our DE&I commitments, click here
About us
BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 63 countries, with more than 180,000 employees, the bank holds key positions in several areas of banking and financial services.
BNP Paribas’ mission is to contribute to a responsible and sustainable economy by financing and advising its clients according to the highest ethical standards, while striving to respond to essential concerns in terms of the environment, regional development and social inclusion.
Since 1961, BNP Paribas has supported large Canadian companies and institutions in their business development by offering a full range of specialized financial services and investment products.
With over 1,400 employees, BNP Paribas in Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.
Our certifications and partnerships
· Montreal’s Top Employers 2024
· Canada’s Best Diversity Employers 2024
· Women in Governance – Parity certified – Platinum certification
· Pride at Work Canada
· Rainbow Accreditation issued by Canada’s LGBT+ Chamber of Commerce (CGLCC)
· Part of Les Affaires top 300 companies in Quebec
· Synclusiv
· Ready, Willing and Able
· Autisme sans Limites
· LinkedIn Top Companies 2024
Do you want to discover other BNP Paribas offers in Canada?
Click here: BNP Paribas in Canada Our job offers