Risk Analyst, Market & Financial institutions

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

 

RISK is a fully independent function whose mission is to advise the bank’s top management on risk appetite, to provide fast and reliable information about the risk profile to report, to offer high quality risk management expertise to the group’s stakeholders as well as to foster risk anticipation.

 

RISK Markets & Financial Institutions (“RISK MFI”) is responsible for the monitoring of market, liquidity and counterparty risks of the BNP Paribas Corporate and Institutional Banking (CIB) perimeter. RISK MFI helps the Group senior management, the RISK function and Global Markets to make the best choices by anticipating on events and finding the right balance between profitability and long-term protection of the Bank. RISK MFI is organized into 2 streams (Analysis & Decisions and Platform), present in 14 locations across Europe, Asia Pacific (APAC) and Americas.

 

In detail

 

As part of the RISK MFI Management Information (MI) Americas team (part of RISK MFI Platform), the candidate will have the following responsibilities:

• Be responsible for running elements of the local management information framework, including qualitative needs, while working alongside other members of the RISK MFI MI Americas team.
• Contribute to the operation and animation of the main risk committees within RISK MFI MI’s scope (e.g. Market & Counterparty Risk Committee (MCRC), Stress Testing Technical Committee (STTC), Prime Services Main Positions, etc.), as well as the broader Americas risk managed view.
• Further develop and enhance the stress testing platform for market and counterparty risk locally, while maintaining consistency with global processes, where applicable.
• Work with risk and systems analysts to implement stress tests ensuring the correct identification of the perimeter and system capability limitations that may affect delivery of results. 
• Produce and analyze stress test results for coherence, resolving or escalating issues found in the calculations.
• Interpret and implement regulatory and internal requirements for capital adequacy for market and counterparty risk (primarily on economic loss/gain scenarios but also on capital).
• Collate, develop and document explanations of capital related results.
• Animation of the capital analysis and reporting metrics for market and counterparty risks ensuring calculations from a Federal Reserve and US Basel III perspective.   
• Support the wider RISK MFI MI team through contribution to various global risk analysis topics.  
• Contribute to process improvement and innovation efforts.

 

The strengths and skills that will help you succeed

 

• An analytical/economics academic background; the candidate is expected to have (or be capable of learning quickly) a solid understanding of the main financial products and their risk drivers.
• Knowledge of market risk and/or counterparty risk through trading, credit analysis or related position. 
• Excellent verbal and written communication skills (English language) are an absolute requirement due to the need to establish and maintain contacts and information flow with different teams across the bank.
• Excellent organizational skills and be able to locally organize tasks in project mode and be able to ensure timely progress or escalation when required.
• Ability to multi-task and re-prioritize to quickly adapt to changing needs as required.
• A general all-around IT competence; python programming experience is an advantage.
• Experience and comfort in presenting to senior management Is preferred.
• Knowledge of capital markets regulation is an advantage.
• 3- 5 years relevant work experience. 
• 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, 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

 

 

 

 

 

 

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