Counterparty Risk Analyst

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

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 Monitoring Americas team, the candidate will have the following responsibilities:

• Monitor main risks and limits on business lines.
• Manage production issues affecting market risks in tandem with IT teams.
• Participate in process harmonization with counterparts in Europe and Asia.
• Participate in innovation projects to improve process efficiency.
• Perform detailed portfolio reviews of various counterparties in view of an upcoming credit committee.
• Analyze and report stress test scenarios.
• Assist front office marketers/traders in new trade simulation for non-vanilla payoffs (“pre-trade” assistance).
• Investigate credit line overestimations and perform overrides where necessary (“post-trade” investigation).
• Participate in working groups as part Counterparty Credit Risk initiatives.

After an initial training period with a team member, the candidate will progressively take on responsibility for one or more of the following tasks (or other tasks as determined by the manager):

• Monitor a business line for market risk (e.g. equity derivatives, interest rates, credit products, etc.) , which can involve a number of recurrent tasks, including daily limit reporting and limit excess notification, as well as weekly Main Positions report production.
• Provide pre- and post-trade assistance to the Front Office, and assume the responsibility of one or more override categories.
• Any other tasks that the team may be required to perform.

The strengths and skills that will help you succeed

• A minimum of a Bachelor’s degree in Engineering, Financial Engineering, Finance, Math, Sciences, Economics, Econometrics or related discipline.
• Minimum 3 years of experience.

* Knowledge of English language is required. *

• Proficiency with MS Office Tools, and an interest in developing practical solutions to data analysis problems by using more advanced solutions (Python).
• Some familiarity with financial products is an advantage (bond pricing, definition of Greeks (Delta/Vega/Gamma), concepts of option pricing) and is preferred.
• Exposure to banking regulation issues is an advantage but not a requirement.
• Proficient written & oral communication
• Motivation and ability to work collaboratively as part of a global team.
• Curiosity and ability to learn quickly and being results driven.
• Capacity for critical thinking & express good judgement and a sense of responsibility.
• High degree of work ethics and exemplary conduct.
• Excellent organizational skills.

* 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, 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, [1] 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 View email address on ca.workus.org
• 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, [2] click here

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: [3] BNP Paribas in Canada Our job offers

Only selected applications that meet the requirements of the role will be contacted

References

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