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 position sought is in the "Market and Counterparty Risk Calculation & Analysis team (RCA)", responsible for providing risk figures across all asset classes to the Risk - Capital Markets Department for market/counterparty risks. This has broad coverage across all trading sites and all products (vanilla and exotics) within all CIB capital markets business lines.
The team offers a unique exposure to a broad range of risk quantification techniques (sensitized at deal level, Value at Risk, other Capital Charge indicators, Stress testing, Reserves, FRTB) and their integration in a single market and counterparty risk system.
More specifically, this position is on Market risk and the chosen candidate will be embedded within a squad of Market Risk analysts and Risk Systems in charge of indicators, processes and reports used to pilot the management of the risk appetite of activity in Americas, and in particular on the New York based Global Market Front Office activities
In detail
- To be responsible, within a squad of 10 people for the daily monitoring and validation of the risks figures provided by the market risk system with a focus on Fixed Income (Credit, Interest Rate Derivatives, FX) business from the Americas region. This includes FO Risk data, internal risk calculations and Capital measures computed internally based on in-house methodologies.
- To provide explanation and support to the Risk Function analyses and business lines about the risks changes and the calculation methodologies.
- To contribute in developing risk analysis tools to improve the coverage, accuracy and the timeliness of the various risk calculations.
- To build close links with the Risk Function analysts and the business managers about the definition and the integration of new types of risks, products, reports.
- To contribute to the development of new ways to look at risks within the market risk ecosystem.
- To provide training and guidance to new users of the system where required.
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
- Bachelor in math, quantitative or related field.
- Minimum 5 years of experience.
- Keen interest in and understanding software project delivery.
- Understanding of working with IT systems, coupled with an ability and curiosity to understand the Market Risk discipline and key aspects of Risk Methodologies.
- SQL knowledge is necessary and Agile and Software development experience is more.
- Excellent organisational and time management skills.
- Excellent spoken and written.
- Motivation and ability to work collaboratively as part of a global team.
- Motivation and drive to develop a career in technology in financial institutions.
- Able to learn quickly and results driven.
- Problem solving approach and good intuition in risk measurement.
- Interest and aptitude to apply quantitative techniques for measuring risks of derivatives products.
- Pragmatic approach to handle the production process and to deal with exceptions.
- Capacity for critical thinking & ability to exercise good judgement with a strong sense of responsibility.
- Strong work ethic and exemplary conduct in line with BNP Paribas values.
- 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 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***
