In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal's Top Employers in 2025. 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
The Credit Transaction Management Transversal team is part of Operations under Global Banking. The team manages and mitigates credit risk and operational risk across several axes with continual review, enhancement, and deployment of controls to ensure adherence to the evolving regulatory environment, firm policies and procedures, and industry best practices.
In detail
The team members are responsible of the following activities:
Main Responsibilities
- Monitor and follow-up of Daily, Weekly, Monthly Exception and Data Quality Reports
- Monitor receipt of credit decisions
- Prepare and circulate internal exposure and control reports (Past Due Annual Reviews, Watchlist, Provisions, etc)
- Take appropriate actions in cooperation with data owners to resolve the bank’s core source/systems issues impacting risk data quality.
- Perform periodic controls and appropriate escalation/remediation follow-up of new, amended, and annual renewal of facilities and associated processes; such as, Covenant, Received Guarantee, and Legal Documentation, to ensure accuracy and completeness
Secondary Responsibilities
- Input data in risk systems related to Annual Reviews and Internal Ratings of clients
- Input data related to Capital Market Lines for Corporate Clients
- Input data of received guarantees, insurance, and collateral for specific asset securitization programs in relation to Lending facilities in local bank system
- Input data of tangible guaranteed valuations (annually, semi-annually, quarterly, etc)
- Authorize loan drawdown requests and Letter of Credit issuances
- Verify all required Legal Documentation is received
- Input/validate in risk systems documents that are received and/or missing and/or archived
- Upload documents in local repository and update tracking log
- Input/validate covenants for new/amended deals
- Source covenant documentation and update in local tool
- Filing, tracking, and/or monitoring of security interests
- Review of Legal Documentation for potential Notes to be Pledged to the Federal Reserve (BIC) when requested
- Notify Front Office and Risk of Covenant defaults
- Notify Loan Servicing and Front Office of Loan Margin Adjustments
- Process payments of perfection service invoices
- Review of private insurance premiums
- Perform conformity controls on legal documentation for clients that are being flagged as Watchlist or Doubtful
- Respond to legal documents and file requests and any questions relating thereto
- Complete the input/release depository form for physical collateral in the vault
- Investigate and respond to subpoena searches requested by the legal department
Additional Responsibilities
- Assess and perform monthly and quarterly attestation in ORUS application
- Monitor daily activity in Hobart
- Maintenance of procedures
- Identify ways to improve and create process efficiencies
- Participate in cross training
- Assist in the training of new team members
- Participate in various projects including UAT (user acceptance tests)
- Other duties assigned
Work conditions: This position provides for standard working conditions in an office and a normal work schedule from Monday to Friday. This position requires little travel.
The strengths and skills that will help you succeed
List of required competencies
- Bachelor degree or equivalent
- 2 - 4 years relevant experience in corporate banking documentation and/or strong knowledge of banking products and practices including and understanding of loan structure, terms, and credit agreement
- Experience in Middle Office and/or Operations environment preferable
- Microsoft Office advanced technical skills (i.e. MS Word, Excel, PowerPoint, Access) Power Bi, Power query a plus
- Knowledge of LoanIQ a plus
- Highly effective communicator, written and oral, with good interpersonal skills
- Excellent attention to detail and accuracy
- Analytical and problem-solving mindset
- Strong organization skills with the ability to prioritize, multi-task and manage workflow in a changing deadline driven environment
- Ability to work Canada holidays not shared with the U.S. when necessary
- Ability to work overtime when necessary
- 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 are available for most positions. In-office presence is required a minimum of 3 days per week, one of which must be on a Monday and/or a Friday. 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. During the recruitment process, accommodation needs are available at all times for candidates. You will have the chance to make a request for an accommodation during your application.
- 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;
- If you are applying and accepted to a position which requires working in/for the U.S. securities industry, you will be required to provide your fingerprints and undergo additional background checks by the FBI. BNP Paribas Securities Corporation is required to maintain a supervisory program over the conduct of its Associated Persons; some of your personal data will be transmitted to the United States of America and made available to US regulators. Please reach out to BNPP for additional information; or you can also find an overview here: 3110. Supervision FINRA.org
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 2025
- Canada’s Best Diversity Employers 2025
- Women in Governance – Parity certified - Platinum certification
- Pride at Work Canada
- 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
*** While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted***
