Job Description

In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal's Top Employers in 2022. 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 Global Markets ("RISK GM") is responsible for the monitoring of market, liquidity and counterparty risks of the BNP Paribas Corporate and Institutional Banking (CIB) perimeter. RISK GM 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 GM is organized into 3 streams (Analysis, Metrics and Models & Methodologies), present in 14 locations across Europe, Asia Pacific (APAC) and Americas.

In detail

As part of the RISK GM Metrics Americas team, the candidate will have the following responsibilities:

• Monitoring of main risks and limits on business lines,
• Management of production issues affecting market risks in tandem with IT teams,
• Participation in process harmonization with counterparts in Europe and Asia,
• Participation in innovation projects to improve process efficiency.

After an initial training period with a team member, the candidate will progressively take on responsibility for monitoring a business line (e.g. equity derivatives, interest rates, credit products, etc.)

The candidate will be in charge of a number of daily tasks, including daily limit reporting and limit excess notification.

For the business line that the candidate is responsible for, he/she will monitor data quality in the RISK systems and potentially represent RISK GM's interests for projects that involve data quality improvement. With the on-the-job experience acquired, the candidate will also be able to propose ways of improving the efficiency of RISK GM processes (e.g. reporting, calculation methodologies, etc.)

The candidate will also be tasked with proposing and developing IT tools (spreadsheets, macros, Python/R scripts, etc.) for the team and for other teams within RISK GM.

All in all, the mission will allow the candidate to gain more knowledge on markets, products and market risk management.

At the same time, the innovation aspect will allow the candidate to develop technical skills. As such, this position is a rare opportunity to gain in both functional and technical knowledge.

Qualifications

The strengths and skills that will help you succeed

Qualifications

• A minimum of a Bachelor's degree in Engineering, Financial Engineering, Finance, Math, Sciences, Economics, Econometrics or related discipline;
• Proficiency with MS Office Tools, and an interest in developing practical solutions to data analysis problems by using more advanced solutions (R/Python);
• Some familiarity with financial products is an advantage (bond pricing, definition of Greeks (Delta/Vega/Gamma), concepts of option pricing) and is preferred;
• Exposure to banking regulation issues is an advantage but not a requirement.

Additional requirements

• 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 ethics and exemplary conduct
• Good organizational skills

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,

What you need to know

• We will review candidates as they apply, so don't wait to submit your application;
• If you are selected to participate in the recruitment process, please inform Human Resources of any accommodations you may require. BNP Paribas will work with you to ensure that you are able to participate fully in the process;
• 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, is based outside of Quebec and Canada, our positions require employees to speak another language than French - being English for most positions; other languages such as Spanish or Portuguese may be also specifically required and such will be clearly mentioned in the requirements of the position;
• All BNP Paribas employees in Canada must be adequately vaccinated against COVID-19 on the date of hire, unless exempt for a reason protected by the Canadian Human Rights Act.

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,

About us

BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 65 countries, with more than 190,000 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 1,200 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 2022
• Women in Governance - Parity certified - Silver certification
• CCDI Consulting Inc. (Canadian Center for Diversity and Inclusion)
• Pride at Work Canada
• Rainbow Accreditation issued by Canada's LGBT+ Chamber of Commerce (CGLCC)
• ROSEPH - Grouping of specialized organizations for the employment of persons with disabilities
• IndigenousWorks

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** Only selected applications that meet the requirements of the role will be contacted **