Market Risk Analyst – Fixed Income Structured Products

Join one of Montreal's Top Employers in 2026. We are a leading international banking institution fully committed to building a more sustainable future. 

The position at a glance

The RISK function supports BNP Paribas's mission by maintaining a robust risk management culture based on a long-term perspective and committed management. This role contributes to the bank's stability by acting as a second pair of eyes to ensure all risks remain aligned with established policies. The main objective is to advise management on risk policy definition and provide critical alerts regarding the bank's risk exposure.

In detail

• Measure market and liquidity risks inherent to trading desks through continuous monitoring to protect the direct scope of activities.
• Develop monitoring tools and reporting for Business and Senior Management to ensure visibility into risk metrics.
• Provide accurate risk information and opinions to senior management by escalating critical risk topics as needed.
• Perform in-depth ad hoc analyses on market risk topics to formulate reasoned opinions for the business line.
• Set and review market risk limits according to the Risk Appetite Framework to ensure timely compliance.
• Participate in the assessment of risk management frameworks for new products through committee attendance to support informed decision-making.
• Test the impact of model assumptions on book valuations through rigorous analysis to maintain valuation integrity.
• Compute stress-test scenarios and analyze results to contribute to the continuous improvement of stress testing within Global Markets.
• Opine on end-of-month valuation reviews by examining market parameters and reserves to ensure robust documentation.
• Leverage new technologies to automate risk production and analysis to increase operational efficiency.

The strengths and skills that will help you succeed

• Bachelor’s Degree in Math, Quantitative Finance, Engineering or Economics
• Minimum 5-7 years in risk management, quantitative financing, or trading fields.
• The knowledge of English is required.*
• In-depth understanding of market risk from capital market activities to support multi-asset derivative analysis.
• Quantitative application of math, probability, and statistics when performing complex risk modeling.
• Collaborative communication when summarizing and relaying risk information efficiently to stakeholders.
• Supportive team spirit when coordinating with cross-functional departments and large-scale projects.
• Knowledge of quantitative risk measures and modeling methodologies like VaR and stress testing to ensure accurate measurement.

*Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. Professional working proficiency in English language is required. 

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 

What’s in it for you

Alongside a competitive compensation, we provide a comprehensive suite of flexible benefits designed to support your health, wellbeing, and long‑term success:

Health & Wellness – A menu of flexible options for you and your family, including a 24/7 telemedicine service.

Mental‑Health Support – Up to $5,000 per year for sessions with mental‑health practitioners, plus unlimited access through our Employee Assistance Program.

Financial Benefits – A defined‑contribution pension plan and a range of additional financial perks.

Paid Volunteering Days – Take time off to give back to the community.

Learning & Development – Access to high‑quality training, personal‑development programs, and clear pathways for internal career progression across our global organization.

Work‑place flexibility - Hybrid work is available for most roles. You’ll be required in the office at least three days per week, with one of those days being either a Monday or a Friday.

To find out more about our range of benefits, click hre

Diversity, Equity and Inclusion (DE&I) at the heart of our commitments

 BNP Paribas is committed to fostering a work environment where all employees can feel heard, valued, safe and supported, and can be their authentic selves. 

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, the leading bank in the European Union and a major global financial institution, operates in 63 countries and has nearly 178,000 employees. Its mission is to foster a responsible, sustainable economy by financing and advising clients to the highest ethical standards while addressing environmental, regional development, and social inclusion concerns. With over 1,700 employees in Montreal and Toronto, BNP Paribas in Canada strives to develop long-term relationships with its clients by supporting their business strategies and meeting their financing and investment needs, both locally and abroad.

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 What you need to know

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