Credit Risk Analyst – Hedge Funds - Jobs in Montréal, QC

Job Description

CREDIT RISK ANALYST – HEDGE FUNDS (JOB NUMBER: RISK-011121-003-AL)At BNP Paribas Canada, it is our employees which make the difference... Our 75 nationalities are part of our diversity!Do you like challenges, a structured framework, the prospect of optimizing and innovating You are known for your originality and want a certain freedom to think while sharing your knowledge and ideas... Come help us contribute to the growth of our Canadian platform!You will benefit amongst other things from:

• Access to social volunteer and recreational programs, via our many Employee Resource Groups (ERGs)
• Opportunities for career development through active internal mobility and our innovative training program: Canada Academy
• A brand new workspace, flexible, comfortable and easily adaptable to your needs: remote work opportunities, standing desks, innovation lab., open meeting rooms and spaces.

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 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

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.

RISK I2S, which is part of RISK CIB, is responsible of the credit risk profile for all institutional clients, intragroup entities, and market infrastructure entities, as well as their related credit approval processes.RISK I2S Credit Analyst’s Responsibilities:

• Prepare and present annual credit reviews and new requests to credit committees for Hedge Funds
  • This process includes comprehensive analysis on the counterparty and comparison with its peers, recommendation of rating using internal rating models, and expression of credit opinion.
• Analyze capital markets and corporate banking transactions with hedge funds.
  • Capital markets: derivatives (swaps, foreign exchange, credit and equity derivatives), repo, securities lending, prime services.
  • Corporate banking: import and export trade finance transactions, and syndicated loan participations.
• Coordinate all aspects of the credit risk process in liaison with Coverage, Business, and other Functions.
• Review counterparty credit exposure excesses on financial institutions reported by the Credit Risk Control team.
• Co-ordinate with Legal Department to execute legal documentation by providing credit-sensitive terms.
• Review all legal documentation during annual review, ensuring all necessary documents are in place (including guarantees) and being familiar with the products covered under ISDA/CSA, PSA/ISMA, and SLMA.
• Work closely with Relationship Managers, Traders, Market Risk, Legal and Operations personnel to structure transactions to mitigate diverse forms of risk.
• Support all business lines credit requests / transactions for BNP Paribas’ clients.
• Effectively handle multiple tasks and review several files simultaneously through effective prioritization of requests (in conjunction with immediate supervisor) and sound organizational skills.
• Participate to internal exercises to review exposures and ensure data quality for counterparties.
• Keep up to date with industry risks/trends, including credit, regulatory, and legal issues.

• BS/BA required (with finance or economic background preferred).
• 1-4 years’ experience in capital markets or credit risk analysis

• Self-starter and highly motivated to learn about derivatives and other capital markets products.
• Clear communication skills to firmly and confidently express credit decisions & opinions.
• Ability to organize time and meet deadlines/deliver requests on time.
• Ability to work in a team environment: interacting with other credit analysts, relationship managers, front office sales persons, and clients.
• Proficiency in Word and Excel (spreadsheet analysis).
• Fluency in English.
• About BNP Paribas

With more than 200,000 employees in 72 countries, the Group serves nearly 32 million individual customers and 850,000 professionals, entrepreneurs, SMEs and large companies. BNP Paribas is a leading bank in the euro zone and a leading international banking player.Did you know In 2019, BNP Paribas named World’s Best Bank for Corporate Responsibility 2019About BNP Paribas in CanadaWith more than 900 employees, BNP Paribas 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.A recruitment policy that promotes equality and diversity:BNP Paribas is an equal opportunity employer. BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, color, national origin, sex, disability, age, and other protected status (Employment Equity Act).Part of BNP Paribas dedication to diversity, multiculturalism and inclusion is clearly reflected on how we believe and live diversity and inclusion all together. As such, one of BNP Paribas’ initiatives is hosting Employee Resource Groups (ERGs) which are focused on equality of gender, sexual orientation and learning from other cultures.

• We can assist with access to job offers for people with disabilities who may be unable to use our career site - please contact us by email canada_recrutement@ca.bnpparibas.com or by phone on 514-285-6000
• Want to know more about the BNP Paribas Group

https://group.bnpparibas/en/group** Only selected applications that meet the requirements of the role will be contacted **Primary Location: CA-QC-MontréalJob Type: Standard / PermanentJob: RISKSEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 1 yearSchedule: Full-timeQuick Apply

• Terms & Conditions
• New Privacy
• Privacy Center
• Accessibility

For Job Seekers

• Browse Jobs
• Advanced Job Search
• Emplois Quebec

For Employers

• Post a Job

Stay Connected