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 role is for a Director and Credit Officer within the RISK Team covering Financial Institutions. The business overview is as follows:

In detail

• To serve as a credit officer (delegation holder / decision maker) for financial institution sectors with a focus on mortgage companies (specifically, mortgage REITs and non-bank mortgage originators), insurance companies, pensions, banks, broker dealers and/or CCPs within the Americas.  

• This process includes reviewing comprehensive analyses and recommendations from credit analysts on the relevant sectors and institutions in each country, including credit limit, credit rating, and recovery rate recommendations; commentary on management; business strategies; financial profile, performance, and risks; and competitive positioning within the industry.

• The larger Risk perimeter encompasses credit and counterparty risk, market risk, funding and liquidity risk, interest rate and FX risk of the Banking book, insurance risk, and operational risk

• This role will have a primary focus on credit and counterparty risk.

• Risk covers all Group’s activities and geographies.
• To provide a holistic view of the risk profile to the Bank’s management and Board, RISK coordinates with the relevant control function(s) to ensure relevant risk assessment, aggregation, and reporting.
• Provide a RISK opinion and delegation on capital markets and corporate banking credit risks generated by financial institutions in the Americas. 

• Capital market transactions include products such as credit and equity derivatives, swaps, bond options, repos (including FABR and committed repo, along with repo on CRT, Non-QM, Agency MBS, and other securitized mortgage assets), foreign exchange, equity trading, and securities lending.  
• Corporate Banking transactions include products such as mortgage warehouse facilities (including warehousing of Agency loans, prime jumbo loans, non-QM loans, and other mortgage assets), syndicated loan participation, letters of credit, and structured transactions. 
• Responsibilities also extend to reviewing counterparty credit analysis and exposures provided by Credit Control and Reporting Team.  

• Co-ordinate with Legal Department, relationship managers, product specialists, and credit analysts to execute legal documentation by providing credit-sensitive terms in legal documentation and collateral arrangements with financial institution clients.
• Continuously interact with Marketers, Traders, Market Risk, Legal and Operations personnel to structure transactions, including mortgage warehouse facilities and structured repo, to mitigate diverse forms of risk.
• Work closely with Relationship Managers, Transaction Team, Credit Analysts, and other Credit Officers to assist in structuring transactions to minimize un-due credit risk. 
• Support all business lines credit requests / transactions for BNP Paribas Bank clients.
  • The priority is to opine on and challenge relevant credit applications and credit analysis to establish lines that are within the Bank’s risk tolerance.  

• Provide credit parameters for legal documentation.  Additionally, ensure credit analyst review of all legal documentation at time of annual review, ensuring all necessary documents are in place (including guarantees) and being familiar with what products are covered and what credit terms are required under credit facilities, structured trades, ISDA/CSA, PSA, PSA/ISMA, MSFTA, and GMSLA. 

• To be part of regulatory and internal exercises to coordinate exposure(s) or Counterparty data for larger BNPP needs.

• Remain familiar with industry risks/trends, including credit issues, regulatory issues and legal issues, among others.

• Embedded BNP Paribas Code of Conduct and DEI initiatives, Act as a senior champion of the BNP Paribas Code of Conduct, ensuring all credit decisions adhere to ethical standards and regulatory requirements. Expected to actively promote DEI, mentor under represented groups.

• The candidate will provide a high level of decisions with expected credit delegation authority to opine on bank limits, guidelines, internal ratings, recovery rates, legal document terms, and other credit factors.

The strengths and skills that will help you succeed

• BS/BA required with finance or economic backgrounds strongly preferred.
• 10+ years previous experience in banking and/or credit risk experience on covered sectors and products with priority for mortgage sectors/mortgage warehouse facilities and insurance with secondary focus on other financial sectors.
• Technical skills, advanced Excel, or coding skills.

Candidate Success Factors

Candidates will be measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

• Results and Impact

• Impacts division and influences peers and team
• Demonstrates good judgement when making decisions of high complexity and impact
• Relies on limited guidance for most complex decision making
• Is responsible for driving outcomes which have meaningful effect on team or department

• Leadership and Collaboration

• Creates trust with department leaders
• Acts in leadership capacity for large projects, processes, or programs for a team

• Client, Customer and Stakeholder Focus

• Able to build relationships with a mix of intermediate and senior colleagues or clients
• Interacts regularly with management and department leaders
• Demonstrates the ability to persuade and influence stakeholders at team level

• Compliance Culture and Conduct

• Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts
• Perceived as a person of high moral character; upholds corporate values and displays high ethical standards

*Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. Professional working proficiency in French and English languages are 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 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

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***