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

RISK ALM-T contributes to the definition of the risk framework surrounding ALMT activities and liquidity management. RISK ALM-T also independently assess and monitor the Bank’s balance sheet liquidity risk management, interest rate risk and forex risk framework. The role main responsibility proactively and retrospectively identifies and analyze liquidity, funding risks, using various tools and relevant metrics.

In detail

Responsibilities: 

A) Contribute to the definition of the risk framework surrounding ALMT activities:

•    Contribute to the definition of risk policies, procedures and overall governance, in order to efficiently manage the risks, both in business-as-usual and in stressed conditions.

•    Contribute to the definition of limits/guidelines; review them periodically in light of the actual risk profile.

•    Define jointly with ALMT the prospective scenarios used to measure impact under stressed conditions as well as the early-warning signals to anticipate adverse market and/ or liquidity conditions.

B) Advise all levels of Group Management on risk decisions:

•    Participate in the approval process of new activities and exceptional transactions either initiated by ALMT or initiated by other Business Lines and carrying liquidity risk, as per the “TAC-NAC process”.

•    Through the participation of RISK to all ALCOs : Advise on internal risk transfer mechanism and pricing rules, opine on the risk mitigating strategies proposed by ALMT.

C) Monitor and control:

•    Proactively and retrospectively identify and analyze liquidity, funding and Interest Rate risks, using various tools such as relevant metrics (Liquidity gap and stress tests, Interest rate gap, NII, EVE, PV01).

•    Ensure that deals executed by ALMT are in line with the decisions of the relevant committees (ALCOs, CCDGs, etc…) or in line with defined delegations.

•    Ensure compliance with defined limits/guidelines/objectives: Control exposures vs. authorizations notify excesses and ensure that proper actions are taken. Monitor exposures vs. liquidity constraints and objectives (diversification, credit quality, market liquidity, asset encumbrance, etc…).

•    Review and approve all the ALM models and methodologies used for internal and regulatory risk metrics.

D) Contributions to other processes :

•    Opine on the prudential classification (Banking / Trading Book) of ALMT transactions, in line with the relevant Group policy.

•    Review and approve all valuation methodologies (including definition of market reserves methodologies).

•    Contribute the production and control process of regulatory metrics (in particular the Liquidity Coverage Ratio - LCR) as per the defined split of responsibility between RISK, ALMT and Group Finance.

Responsibilities Cont’d: 

E) Alert and Report on the risks taken to the appropriate level of Management:

•    Alert on a timely basis the appropriate level of Management on any risk issue.

•    Analyze and report ALMT risks in a synthetic and comprehensive way to all levels of Management, appropriate committees and external parties (where needed).

•    Analyze liquidity reports (Group level and Local dashboards, ALCO supporting documents) and, when needed, complete information with its own metrics and comments.

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

•    Graduate/post-graduate in relevant subjects (e.g. Finance, Mathematics, Economics, Statistics, Financial Engineering).

•    Minimum 5 years of experience in Banking industry, preferably within Risk Function, Business Lines, Middle Office or Audit. 

•    Strong quantitative background is a must.

•    Very strong work ethic and ability to challenge with confidence risk takers within the business lines.

•    Advanced proficiency in Microsoft Office Excel, Power BI and Python code.

•    Excellent communication across verbal, written and presentation skills.

•    Positive, energetic, flexible and self-motivated team player with strong organizational skills.

•    Go beyond existing frameworks by suggesting new ideas to enhance BNPP risk framework.

•    Analytical, rigorous, with attention to details.

•    Desire to proactively take ownership of objectives and drive results.

•    Agile to quickly adapt to new situations and financial market events.

•    Build and maintain transversal, non-hierarchical relationships with multiple stakeholders.

•    Understanding of key regulatory liquidity indicators.

•    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 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***