一般資訊
描述
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.
Internship program
As an intern, you will benefit from a 4 month program that aims to give you the tools to develop yourself and discover your potential through customized trainings, networking sessions and transversal projects.
More information about the program available on our website:
BNP Paribas in Canada | Students & Young graduates
The position at a glance
RISK Independent Review & Control (RISK IRC) is a special unit within the RISK organization and reports directly to the Group Chief Risk Officer. The independent review arm of the department provides second line of defense for the use of various types of models and, accordingly, is in charge of model risk management. RISK IRC is composed of several model validation groups and a model governance team.
The model governance team maintains the model inventory and helps ensure the application of the model risk management standards under the umbrella of the Federal Reserve Board letter SR11-7.
The Model Validation groups are responsible for performing an independent effective challenge of the modelling choices in accordance with internal policies, procedures, and regulatory standards.
The intern will primarily support Model Risk Governance and Model Validation teams, with more emphasis on governance-related activities.
In detail
Model Risk Governance (~60-70% of the time)
- Coordinate and engage the model validators to ensure that model risk management practices are integrated into the model development and validation processes.
- Help monitor the model lifecycle and exceptions, including data quality checks and issue resolution tracking.
- Assist in maintaining and updating model risk policies, procedures, and documentation in alignment with regulatory standards (e.g., SR 11-7 and E-23).
- Support the tracking and reporting of model inventory, including model classifications, ownership, and approval status.
- Contribute to the preparation of governance committees by preparing meeting materials, minutes, and follow-up action items.
- Assist in ad-hoc projects related to model risk, such as process improvements or tool enhancements.
Model Validation (~30-40% of the time)
- Conduct independent quantitative reviews of the models used within BNP Paribas in accordance with internal standards and regulatory guidance.
- Provide challenge of conceptual soundness, reasonableness of model output, implementation and any other relevant modelling aspects impacting fit-for-use.
- Work with validation managers to develop an appropriate validation plan to provide effective challenge commensurate with the level of model risk.
- Prepare and present written information in a clear, concise and grammatically correct manner; distribute reports to senior management detailing risk assessment and concerns.
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
- Master’s degree in Statistics, Finance, Economics, or any other related quantitative field.
- Attention to detail and ability to manage multiple undertakings simultaneously and with different level of granularity, with a focus on priorities and deadlines.
- Programming experience in statistical or mathematical languages such as Python or R.
- Experience producing high quality written technical documentation.
- Excellent communication and synthesis skills in addition to critical thinking capabilities and passion for learning.
- 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 is required.
What’s in it for you
In addition to competitive compensation, 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.
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***