Job Description

RISK ROTATIONAL GRADUATE ANALYST (JOB NUMBER: GRAD-051823-003-SOS)


In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal's Top Employers in 2023. 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 a Graduate, you will acquire in-depth insight into BNP Paribas and gain valuable and practical experience. Whichever area of the bank you are joining, you will be part of an award-winning team of specialists who work in a dynamic, collaborative environment. Throughout the first two years of the Training Program, you will:

• Engage in an initial induction training that will give you the tools to succeed and allow you to network with your Graduate class across all business divisions
• Have a dedicated Program Partner who will act as your go-to resource, as well as a dedicated senior business leader specifically aligned to champion the success of your class
• Participate in senior speaker events and roundtable discussions to network with colleagues and gain a comprehensive understanding of financial markets
• Learn about industry topics through ongoing workshops and trainings as part of a bespoke graduate curriculum, as well as philanthropic and social events
• Be placed on a fast-track career trajectory with the opportunity for both lateral and upward mobility

The RISK Rotational Analyst Graduate Program is approximately 24 months in duration, in which the resource will be trained and provide support to various RISK teams The role will be located in Montreal, where BNPP RISK has created a Shared-Service platform with the mandate to deliver high-quality services to the RISK teams in Americas and globally.
In detail Integrated into a group-wide RISK function, RISK Americas covers the 2nd largest regional BNPP platform worldwide. The Americas RISK function covers BNPP wholesale activities in the Americas, encompassing more than 400 professionals in the region (LatAm, Canada, San Francisco, New York and New Jersey) and its main mission is to protect the bank. With presence across the Americas to cover the various BNPP Americas activities, the teams are highly collaborative, as well as very integrated with the Group RISK function and with stakeholders from multiple business lines and functions. The RISK Montreal Hub constitutes the latest addition of Shared Services Platforms developed for the RISK Function. It covers added-value activities around Operational Risk, Credit Risk, Model Development and Validation, Strategic Analysis, Reporting and Market Risk. RISK Mission Statements:

• To advise the Bank?s Management on risk appetite definition
• To contribute as an objective ?second pair of eyes? that risks taken on by the Bank align with its policies
• To report and alert Bank?s Management of the status of risks to which the Bank is exposed
• To contribute to the development and growth of the risk culture within the Group

With business-dedicated risk teams and more transversal risk practices, RISK Americas cover all types of risks, RISK?s main responsibilities are:

• Credit and counterparty risk, market risk, funding and liquidity risk, as well as interest rate and FX risk of the Banking book, insurance risk and operational risk.
• RISK covers all Group?s activities and geographies.
• Provide a holistic view of the risk profile to the Bank?s Management and Board, by coordinating with the relevant Functions to ensure relevant risk assessment, aggregation, and reporting

Scope of the RISK Montreal Hub:

• RISK Montreal Hub is a transversal platform for the RISK Function covering added-value activities from Monitoring of risks, to Models development and validation, Governance and Data Science across a wide range of underlying risks: Credit Risk, Market Risk, Counterparty, Operational Risk and Cyber Risk. It consists of but not limited to the following teams:
• RISK Systems: provides a fully integrated market and counterparty risk management system, combining flexibility with industrial reliability, operating at the heart of the bank?s risk management framework, helping to protect shareholder value and the integrity of investment banking activities. The responsibilities of RISK System Montreal is to support RISK Systems applications. This includes providing technical and functional support to Americas, ensuring the IT resolution of the issues raised by the users in due time and ensuring daily computation of all risk metrics across asset classes.
• RISK Independent Review & Control (?RISK IRC?): supports model risk management by providing independent reviews and controls for a wide range of models used in the region, as well as model governance.
• RISK Global Markets (?RISK GM?): provides Senior Management of the Group, of the RISK Function and of Global Markets with full transparency and dynamic analysis with respect to the market, counterparty, valuation and liquidity risks originated and managed by CIB GM, in order to assist them in their risk decision making.
• RISK Consulting: supports RISK in its strategic projects and its transformation efforts.
• Operational Risk Management (?RISK ORM?): contributes, in close proximity with Business Lines and Functions, to the continuous improvement of the Group?s operational performance and resilience. More specifically, the mission of RISK ORM is to oversee the effective and efficient functioning of the permanent control framework and the independent risk management of operational and ICT risks.
• Enterprise Risk Management (?RISK ERM?): with both RISK ERA GSA in charge of i) strategic risk analysis at portfolio level, including preparation of risk information, ii) Group Risk Appetite Statement maintenance and iii) Data management to provide reliable and innovative tools to support these activities, and RISK ERA Models who is responsible for building mathematical models which allow users to measure and compare credit risks in a clear and actionable way. It includes the regulatory models (PD, LGD and EAD) and also models supporting various accounting standards to determine the capital requirements for the majority of the Bank?s activities including stress testing.

The strengths and skills that will help you succeed Our programs are a springboard for college students to launch their careers through exciting and intellectually stimulating opportunities. They are highly dynamic, well designed and crafted to build your professional skills and capabilities. To succeed within our teams, we look for those with a strong academic background, sharp analytical and problem-solving skills, and the ability to articulate ideas and communicate well, to clients and colleagues. All majors accepted

• Excel skills preferred
• Quantitative/business experience preferred
• Project management knowledge
• Interest in capital market or credit activities
• Interest in the financial industry and consulting
• Not afraid to be challenged by new subjects or experts
• Strong quantitative and qualitative analytical skills
• Excellent communication and interpersonal skills (written and verbal)
• Strong attention to detail and ability to respect deadlines
• Ability to multi-task and work collaboratively within a team
• Proficiency in Microsoft Office (Excel, PowerPoint, Word)
• A keen intellectual curiosity and sense of drive
• Internship experience within financial services and/or consulting preferred

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;

• 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;

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 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?s Top Employers 2023
• Canada?s Best Diversity Employers 2023
• Women in Governance ? Parity certified - Gold 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

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 **

Primary Location

: CA-QC-Montr?al

Job Type

: Standard / Permanent

Job

: RISK
Education Level : Bachelor Degree or equivalent (>= 3 years)
Experience Level : Beginner

Schedule

: Full-time