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

Team Overview:

As 2nd Line of Defense function and delegated by the Intermediate Holding Company (“IHC”) Audit Committee, Board of Directors, and management, the Finance Control Group (“FCG”) is responsible for assessing Internal Control for Financial Reporting (“ICFR”) and Internal Control over Compliance (“ICOC”) processes, covering both the Group and U.S. local regulatory mandates. FCG is a transversal function within CIB Finance whose primary roles are:

• To develop and implement a strong financial and regulatory control framework for CIB entities.
• To perform 2nd level of controls and/or management assessment for controls primary run by Finance and non-Finance teams.
• To provide management reporting on main controls areas, for both local and group needs and requirements.

Main aspects of the programs include:

• Perform risk identification and assessment over financial statements (ICFR) and regulatory reporting (internal compliance control for stress testing activities).
• Perform walkthrough, tests of design and tests of operating effectiveness over in-scope process and controls.
• Conduct spot checks on regular basis.
• Evaluate and communicate to relevant stakeholders’ exceptions and control deficiencies identified during the testing.
• Collect relevant data and prepare presentation material for various committees, including Executive committee and Board of Director committees.
• Coordinate the internal control programs under the team’s responsibility for Corporate & Institutional Banking (CIB) activities.

Position Overview 

The Internal Control over Financial Reporting (ICFR) testing function within FCG is responsible for developing and executing the Internal Control Framework to provide management assessment over reporting controls. For this position, specific responsibilities will be to assess risks related to U.S. financial reporting and to test design and operating effectiveness of the internal controls established by operational teams and support functions. In addition, the individual will be required to contribute to the testing of certain processes in the bank’s capital and stress testing (CST) program.

In detail - Responsibilities

• Collaborate with teams across geographies - local and overseas teams in Montreal, New Jersey and Mumbai to execute and deliver tasks.
• Perform walkthroughs, risk assessment and control testing in accordance with the U.S. local regulatory requirements such as COSO control framework surrounding ICFR and CST reporting.
• Identification of control weakness/control gap and suggestion/implementation of remediations / solutions.
• Coordination with Control / Process Owners, and other stakeholders regarding control documentation, testing, and evaluation.
• Lead meetings with business leaders and other stakeholders to ensure that reporting risks (financial/regulatory) are sufficiently mitigated by internal controls through design testing and operational effectiveness.
• Contribute to review and presentation of the results of the controls to the members of the respective management and committees.
• Collecting data and preparing presentation material for various committees, including management and Board committees
• Leverage on tools (Power BI, Tableau) to develop dynamic reports and presentations for senior management and other stakeholders.

The strengths and skills that will help you succeed:

• Bachelor’s degree in accounting, Finance or equivalent.
• At least 6-8 years of experience in 2LOD, IG/IA, Risk departments of financial institutions, or external audit and/or consulting firms, auditing banking processes of international financial institutions, conducting walkthroughs and independent testing.
• Extensive knowledge of the financial and banking industry, related products, and the general structure of a financial institution.
• Excellent interpersonal and communication skills – demonstrate ability to articulate complex problems or requests.
• Ability to interact with colleagues from different departments and build relationships.
• Attention to detail and ability to work with teams across multiple geographies.
• Ability to manage and lead projects including deadlines, demonstrate planning, organizational and management skills in a multitasking environment to deliver quality results. 
• Proficiency in tools like Power BI, Tableau. 
• Professional designations or other relevant designations such as Certified Public Accountant (CPA), Chartered Financial Analyst (CFA) and/or Certified Internal Auditor (CIA) with relevant experience in financial and banking sector. 
• Advanced proficiency in Microsoft Office applications (Word, Excel, PowerPoint)
• 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, 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 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: BNP Paribas in Canada | Our job offers

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