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.
Graduate program
As a graduate, you will benefit from an 18 month program that aims to give you the tools to develop yourself and discover your potential through customized trainings, networking sessions and transversal projects. This is a permanent role.
More information about the program available on our website:
BNP Paribas in Canada Students & Young graduates
The position at a glance
The Montreal Operation Team is currently recruiting new graduates in the following business areas:
- Middle Office – P&L Controller
- Preparation and supervisions of daily and monthly P&L and their reconciliation with the estimates of the traders and with the financial accounts.
- Analysis and reporting of daily P&L explain with detailed Greek breakdown for multiple products including futures, options, equities, variance & correlation swaps, interest rate derivatives and Structured Products.
- Work with front office and trade support and other parts of the middle & Back office to resolve operational and booking issues.
- Ensures the Monthly management P&Ls are consistent with the end of month general ledger P&L.
- Client Onboarding – Due Diligence
- 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.
- Know your customer (KYC)
- Ensuring that all data, document and information collected as part of the due diligence process are compliant and reliable to determine the final risk level of the client relationship.
- Ensuring that the level of due diligence performed is in accordance with the final risk level of the client relationship
- Ensuring that local regulatory requirements pertaining to the KYC case has been fulfilled
- Ensuring that financial security risk triggers are appropriately consulted with compliance for opinion
- Preparing a memo substantiating the KYC analysis review
- Ensuring that the file is submitted for Relationship Manager’s final sign-off
- Client Services
- Ensure any request escalated (Confirmation, settlement, valuation explanation etc.) is answered in a timely manner
- Help Clients navigate the Bank
- Ensure the valuations, event notification and audit reports parameterization in systems in accordance to the current procedures, cross asset classes and ensure the correct and timely production and delivery of these reports
- Maintain, enhance and develop relevant operational related policies and procedures
- Develop Firm-to-Firm relationship across product disciplines and functions
- Global Banking Product Control Analyst
- Aide in creation of Product Control Dashboards (PowerBI, excel, etc)
- Performance of control procedures, including review of exception reports, investigation and follow-up for resolution of exception items;
- Perform sanctions screening and follow-up as well as other support functions related to the trade finance activity;
- Perform production support duties related to the loan, trade, supply chain and payment systems utilized by Corporate Banking Operations, including but not limited to review and approval of remittance instructions in Operations and Payments systems, including sanctions screening related thereto.
- Serve as a back-up resource for operations processing when workload peaks require additional resources in the Operations Teams.
- Help provide on onboarding of both legal entities and non-legal entities for the Agency Services team
- Review and close manual entries posted by the back office teams
- Perform daily customer activity such as drawdown of loan requests, repricing, repayments, breakfundings
- Help with reconciliation to ensure fidelity of the ledger and accurate profit and loss for the business are accurate
- Help with other control reports to resolve accounting breaks, suspense breaks and other in-between system reconciliations
- Operations OPC
- Ensure implementation and adaptation of Group procedures locally.
- Identify and update procedures based on risk assessments and historical incidents.
- Coordinate updates for risk taxonomy, processes cartography, and organization cartography.
- Evaluate material risks and ensure effective implementation of Risk and Control Self-Assessment (RCSA).
- Participate in defining and updating Local Control Libraries.
- Execute and coordinate controls, review results, and define action plans as needed.
- Follow up on findings, recommendations, and self-identified action plans.
- Collect and analyze historical incidents, input data, and define corrective measures.
In detail
The team members are responsible of the following activities:
- Fully contribute to daily production tasks
- Lead continuous improvement projects
- Participate in transversal projects for the Global Markets/ Client Engagement and Protection
- Be able to take on challenging positions and adapt well to various work assignments
- Show a great ability to connect with other employees in a moving environment
- Put to contribution your analytical skillset on various tasks and projects
The strengths and skills that will help you succeed
Eligibility:
- Must be able to work in the local premises with a valid visa
- Has graduated less than a year ago or will graduate by May 2025 from an accredited post-secondary program
- Has less than 1 year full-time professional experience excluding relevant internship experience
PREFERRED QUALIFICATIONS:
- Bachelor’s degree with major in Accounting, Finance, Business or related field
- Excellent analytical and quantitative skills
- Team player, self-motivated and entrepreneurial
- Client Focused mindset
- Proficiency in MS Office Suite – Advanced Excel Essential
- Detail oriented with a focus on quality results/deliverables
- Excellent organizational and interpersonal skills
- Great communication skills, both verbal and written in English
- 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 French and 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 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
*** 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***
Interested by our offer? Don't wait any longer!
Discover the different professions within BNP Paribas: Operations Management
Those who work in Operations Management roles are essential to the smooth-running of our Group, and work consistently to satisfaction to our clients and teams. These roles offer stimulating careers that combine efficiency with a strong collaborative spirit.
Find out moreWhy should I apply?
Basically, why would you want to join BNP Paribas over any other company?
BECAUSE YOU'RE THE KIND OF PERSON WHO WANTS...
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What if we told you that working in our Group isn’t quite what you might think? At BNP Paribas, we do a multitude of different jobs that are constantly evolving to meet the expectations of our clients and society as a whole. Whether through everyday tasks or major projects, doing one of our jobs means making a personal commitment to taking sustainable action.
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Feeling good about your job means bringing your whole self to work and being who you are. It’s also about having the resources you need to achieve a healthy work-life balance. Both of these are major commitments at BNP Paribas.
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At BNP Paribas, developing your skills is as important to us as it is to you. And the skills you learn with us will help you through the rest of your working life.
