Cib Operations Graduate Program - Montréal, Canada - BNP Paribas

BNP Paribas

Verified Company

Montréal, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

CIB OPERATIONS GRADUATE PROGRAM (

JOB NUMBER:
INT PI)

In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal's Top Employers in 2023.

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.

Graduate program

As a graduate, you will benefit from an 18 month program that aims to give you the tools to develop yourself and discover your potential through customized trainings, networking sessions and transversal projects.

This is a permanent role.

More information about the program available on our website:
BNP Paribas in Canada | Students & Young graduates

The position at a glance
The Montreal Operation Team is currently recruiting new graduates in the following business areas:

Capital Markets
Back Office
Product Referential/Data Solutions
Creation, update, management of all instruments and static data in all booking, market data and settlement systems for equity derivative and fixed income products
Support internal clients for all issues related to product referential data maintenance
Daily controls of local market data (closing prices, rates, fixings & volatility) used for Profit & Loss and risk production Monitor, maintain, and communicate corporate action events within internal and external systems impacted

Client Onboarding

Due Diligence
Conduct research on legal entities in the Bank's systems as well as in official government records and other public websites
Conduct basic corporate financial research
Conduct research on the economic activities of legal entities using available internal documents, such as credit proposals, or on public websites, such as Business Week (sector/industry type, products, services sold, localization of main suppliers, main clients and operation locations);
Evaluate client sensitivity according to a predetermined grid and instructions;
Communicate with clients, as needed, to gather information on beneficial ownership or on any other missing documents.
Know your customer (KYC)
Ensuring that all data, document and information collected as part of the due diligence process are compliant and reliable to determine the final risk level of the client relationship.
Ensuring that the level of due diligence performed is in accordance with the final risk level of the client relationship
Ensuring that local regulatory requirements pertaining to the KYC case has been fulfilled
Ensuring that financial security risk triggers are appropriately consulted with compliance for opinion
Preparing a memo substantiating the KYC analysis review
Ensuring that the file is submitted for Relationship Manager's final signoff
Client Services
Ensure any request escalated (Confirmation, settlement, valuation explanation etc.) is answered in a timely manner
Help Clients navigate the Bank
Ensure the valuations, event notification and audit reports parameterization in systems in accordance to the current procedures, cross asset classes and ensure the correct and timely production and delivery of these reports
Maintain, enhance and develop relevant operational related policies and procedures Develop FirmtoFirm relationship across product disciplines and functions
Regulatory Reporting Controls
Responsible for establishing operation procedures and controls to comply with internal revenue services (IRS) regulations regarding information reporting for BNPP US entities.

In detail

Fully contribute to daily production tasks
Lead continuous improvement projects
Participate in transversal projects for the Global Markets/ Client Engagement and Protection
Be able to take on challenging positions and adapt well to various work assignments
Show a great ability to connect with other employees in a moving environment
Put to contribution your analytical skillset on various tasks and projects

The strengths and skills that will help you succeed

Eligibility:

Must be able to work in the local premises with a valid visa
Has graduated less than a year ago or will graduate by June 2024 from an accredited post-secondary program
Has less than 1 year full-time professional experience excluding relevant internship experience

PREFERRED QUALIFICATIONS: