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.
The position at a glance
The Legal Documentation and Covenant Control Team is part of ITO CTM Transversal under Global Banking. The Team verifies, stores, and monitors legal documentation and covenants for Corporate Clients’ credit facilities.
In detail
· Verify all required Legal Documentation are received, includes verification against the logging location performed by the relevant team within Credit Transaction Management. Upload and maintain documents into the internal legal documentation database.
· Monitor and update the legal doc/covenant related tracking log.
· Participation in the response to various audits, including Internal and External audits as well as Regulatory Reviews
· Input/validate and monitoring covenants for financing products.
· Prepare monthly notification to account officers for Security Interests searches and continuations.
· Prepare, file and track Security Interests
· Review of Legal Documentation for potential Notes to be Pledged to the Federal Reserve (BIC) and safekeeping of docs
· Review and distribution of daily and monthly Covenants default and exception reports, as well as additional reports as required.
· Respond to legal document and file requests and any questions relating thereto.
· Monitor input and release of stock certificates in the vault
· Reconcile documentation, covenant and guarantee exceptions and defaults within ITO CTM and business line
· Log, index, file and archive documentation in bank systems
· Investigate and respond to subpoena searches requested by the legal department
· Maintain strong communications and partnerships within ITO CTM, Risk and business partners.
· Participate in cross training to improve knowledge, contributions and synergies between teams.
· Identify ways to improve and create process efficiencies.
· Assist in the training of new team members.
· Other duties assigned
The strengths and skills that will help you succeed
– Bachelor or equivalent
– 2-3 years relevant experience specializing in corporate banking documentation and/or documentation control experience in a commercial bank.
– Strong written and verbal communication skills
– Analytical and detail oriented
– Ability to work independently and prioritize multiple tasks, work under time pressure constraints and to take ownership for the completion of tasks.
– Ability to exercise good judgment in dealing with unforeseen circumstances while maintaining compliance with established policies and controls.
– Experience in middle office and/or operations environment preferable
– Experience with reading/working legal documents, an asset.
- 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.
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;
· BNP Paribas is committed to accessibility and inclusion. If you need any accommodation during the recruitment process, you can contact accessibility@us.bnpparibas.com
· 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;
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