Risk Rotational Graduate Analyst - Montréal, Canada - BNP Paribas

BNP Paribas

Verified Company

Montréal, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

RISK ROTATIONAL GRADUATE ANALYST (

JOB NUMBER:
GRAD SOS)

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.

The position at a glance
As a Graduate, you will acquire in-depth insight into BNP Paribas and gain valuable and practical experience.

Whichever area of the bank you are joining, you will be part of an award-winning team of specialists who work in a dynamic, collaborative environment.

Throughout the first two years of the Training Program, you will:

Engage in an initial induction training that will give you the tools to succeed and allow you to network with your Graduate class across all business divisions
Have a dedicated Program Partner who will act as your goto resource, as well as a dedicated senior business leader specifically aligned to champion the success of your class
Participate in senior speaker events and roundtable discussions to network with colleagues and gain a comprehensive understanding of financial markets
Learn about industry topics through ongoing workshops and trainings as part of a bespoke graduate curriculum, as well as philanthropic and social events
Be placed on a fasttrack career trajectory with the opportunity for both lateral and upward mobility

The RISK Rotational Analyst Graduate Program is approximately 24 months in duration, in which the resource will be trained and provide support to various RISK teams The role will be located in Montreal, where BNPP RISK has created a Shared-Service platform with the mandate to deliver high-quality services to the RISK teams in Americas and globally.

In detail
Integrated into a group-wide RISK function, RISK Americas covers the 2nd largest regional BNPP platform worldwide.

The Americas RISK function covers BNPP wholesale activities in the Americas, encompassing more than 400 professionals in the region (LatAm, Canada, San Francisco, New York and New Jersey) and its main mission is to protect the bank.

With presence across the Americas to cover the various BNPP Americas activities, the teams are highly collaborative, as well as very integrated with the Group RISK function and with stakeholders from multiple business lines and functions.

The RISK Montreal Hub constitutes the latest addition of Shared Services Platforms developed for the RISK Function. It covers added-value activities around Operational Risk, Credit Risk, Model Development and Validation, Strategic Analysis, Reporting and Market Risk.

RISK Mission Statements:

To advise the Bank's Management on risk appetite definition
To contribute as an objective "second pair of eyes" that risks taken on by the Bank align with its policies
To report and alert Bank's Management of the status of risks to which the Bank is exposed
To contribute to the development and growth of the risk culture within the Group

With business-dedicated risk teams and more transversal risk practices, RISK Americas cover all types of risks,

RISK's main responsibilities are:

Credit and counterparty risk, market risk, funding and liquidity risk, as well as interest rate and FX risk of the Banking book, insurance risk and operational risk.
RISK covers all Group's activities and geographies.
Provide a holistic view of the risk profile to the Bank's Management and Board, by coordinating with the relevant Functions to ensure relevant risk assessment, aggregation, and reporting

Scope of the RISK Montreal Hub:

RISK Montreal Hub is a transversal platform for the RISK Function covering added-value activities from Monitoring of risks, to Models development and validation, Governance and Data Science across a wide range of underlying risks: Credit Risk, Market Risk, Counterparty, Operational Risk and Cyber Risk.

It consists of but not limited to the following teams:

RISK Independent Review & Control ("RISK IRC"): supports model risk management by providing independent reviews and controls for a wide range of models used in the region, as well as model governance.
RISK Global Markets ("RISK GM"): provides Senior Management of the Group, of the RISK Function and of Global Markets with full transparency and dynamic analysis with respect to the market, counterparty, valuation and liquidity risks originated and managed by CIB GM, in order to assist them in their risk decision making.
RISK Consulting: supports RISK in its strategic projects and its transformation efforts.
Operational Risk Management ("RISK ORM"): contributes, in close proximity with Business Lines and Functions, to the continuous improvement of the Group's operational perfor