Description
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
This position is supporting and controlling the Global market business. The selected candidate will be part of the P&L and Valuation team.
The individual will be required to establish effective working relationships with both the Front Office and other areas of support. (E.g. Trade Support, VR&C, Market Risk, Finance & IT) - allowing for an integrated and proactive approach to the business’ requirements, understanding the lifecycles of the products traded and the systems and reporting mechanisms required to enable full control and accurate and appropriate information to be supplied.
In detail
The team members are responsible of the following activities:
- Contribute to control framework by:
- Researching securities that are not priced and proposing alternative prices
- Identifying securities where the price provided by the market data providers is stale. Evaluate the accuracy of the price and propose the use of price from alternative market data providers
- Identifying securities whose price generates a large price movement. Evaluate the correctness of the price, and where needed, propose using a price from an alternative market data provider
- Analyzing edge cases/pricing anomalies by gaining strong understanding of pricing hierarchies
- Pricing OTM option using Bloomberg functionalities
- Summarize and report outstanding issues to RISK, FO and PB management
- Develop spreadsheets and code to enhance the overall control framework
- Gain expertise in Product Master, the main pricing system for PB
- Prioritize the research of securities by identifying the impact on the most critical clients
- Identify and escalate exceptions for the controls performed
- Exhibiting good judgment in escalating issues for resolution
- Ensure daily completeness of controls and meet T+0 deliverables in a timely manner
- Maintain good working relationships with market data providers and escalate occasional anomalies for investigation
Efficiency improvements:
Work on production and functional projects that have an impact on the department by: - Leading continuous improvement projects within the Valuation team
- Participating in automation projects
- Be able to take on challenging positions and adapt well to various work assignments
Support for Front Office and Other Internal Stakeholders: - Liaise with trading floor personnel and ensure a satisfactory resolution of all FO inquiries
- Interact with Operations functions and other infrastructure groups to support a ‘one team approach’
- Strive to meet or surpass the service level agreement
- Manage deadlines and objectives
- Ensure the business area conducts its activity in accordance with all relevant external regulators and internal policies.
Work conditions: This position provides for standard working conditions in an office and a normal work schedule from Monday to Friday. This position requires little travel.
The strengths and skills that will help you succeed
Minimum Required Qualifications:
- Bachelor’s degree or equivalent required
- 4+ years of previous experience in P&L Control, Valuation, Financial Control, or a Middle Office environment
- Strong IT skills including Excel, VBA and Python
- Working product knowledge across a wide range of asset classes
- Superior attention to detail and accuracy
- Strong interpersonal and communication skills a must
- Ability to work in a fast-paced environment
- Spirit of continuous improvement
- Display good relationship qualities, team spirit, and ability to work across teams
- Fluency in financial markets
- Knowledgeable of the Greeks
- 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 the English language is required.
Preferred Qualifications:
- Graduate degree in Finance, Math or Engineering or other quantitative disciplines
- Working knowledge of Programming languages such as VBA, SQL & Python
- Exposure to pricing, valuation or hedging of derivatives
- Strong knowledge of market practice and pricing fundamentals
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 are available for most positions. In-office presence is required a minimum of 3 days per week, one of which must be on a Monday and/or a Friday. 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
- We will review candidates as they apply, so don’t wait to submit your application;
- BNP Paribas is committed to accessibility and inclusion. During the recruitment process, accommodation needs are available at all times for candidates. You will have the chance to make a request for an accommodation during your application.
- 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;
- If you are applying and accepted to a position which requires working in/for the U.S. securities industry, you will be required to provide your fingerprints and undergo additional background checks by the FBI. BNP Paribas Securities Corporation is required to maintain a supervisory program over the conduct of its Associated Persons; some of your personal data will be transmitted to the United States of America and made available to US regulators. Please reach out to BNPP for additional information; or you can also find an overview here: 3110. Supervision | FINRA.org
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 2025
- Canada’s Best Diversity Employers 2025
- Women in Governance – Parity certified - Platinum certification
- Pride at Work Canada
- 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
*** While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted***