Credit Officer

March 3, 2024

Credit Officer

ReferenceRISK-270224-002-MN

  • Standard / Permanent
  • CA-QC-Montréal
  • RISK
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In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal’s Top Employers in 2023. 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

 Within RISK Corporate, the RISK Corporate Credit Officer (CO) understands the risk and business strategies, develops a strong knowledge of the product offering and the policies governing them, guarantees the independent assessment of the credit risks as well as of the CSR ones, in compliance with regulatory requirements and internal guidelines.

To this effect, the Credit Officer:

  • Concurs or not with the Coverage and/or Business Lines Delegation Holders on files presented to Credit Committee, pursuant to an exchange on relevant items,
  • Guarantees the conformity of the decisions to the credit and CSR policies.

In detail

 This encompasses, as a 2nd line of defense, and on the portfolio under her/his responsibility, jointly with Coverage and Business lines teams (and VPG as the case may be):

  • Ensure the quality of the commitments taken : these commitments should be in line with the Bank’s risk appetite principles as well as with the Bank’s credit policies and procedures including Compliance and CSR aspects;
  • Ensure the adequacy of Ratings and Loss Given Default (LGDs) assigned to Corporate clients and exposures, ensuring strong compliance with rating and LGD policies (and ensuring documentation of any deviation);
  • Be responsible for the redaction of clear minutes for all committees, inter-alia clearly stating RISK Corporate opinion as well as the debates with Businesses and/or VPG that might have preceded the file presentation in credit committees
  • Use adequate level of delegation (Delegation Holder and RISK representative);
  • Ensure the satisfactory circulation of information between the territories covering her/his geographical responsibilities and HO as well as communication between territories and with the relevant sectorial Risk Officer,
  • Contribute to a continued strengthening of our overall risk framework
  • Beyond pure credit risk and beyond CSR risk, COs are also asked to contribute to data quality and to the monitoring of operational risk :
    • improving data quality via ensuring the accuracy of key risk parameters in minutes (counterparty ratings, GRRs, country of business, business sector, use of the relevant policies, etc. and by prompting Business to follow on corrective actions
    • communicating to RISK ORC CIB any operational risk she/he becomes aware of (potential fraud, breach of security package,…)

The strengths and skills that will help you succeed

  • 10 years of experience in capacities that involve credit analysis (credit analyst, relationship manager) in traditional corporate financing.
  • Master’s degree Finance or Mathematics.
  • Strong analytical skills and balanced judgement.
  • Can quickly identify core issues, conclude and decide objectively.
  • Strong communication skills, both verbal and in writing.
  • Good knowledge of Basel III.
  • Knowledge of the English language is required.
  • Experience in Front Office, an asset.

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

·         We will review candidates as they apply, so don’t wait to submit your application;

·         If you are selected to participate in the recruitment process, please inform Human Resources of any accommodations you may require. BNP Paribas will work with you to ensure that you are able to participate fully in the process;

·         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;

·         Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. These will be clearly mentioned in the qualifications of the position;

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 65 countries, with more than 190,000 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 1,200 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 2023
  • Canada’s Best Diversity Employers 2023
  • Women in Governance  – Parity certified –  Gold certification
  • Pride at Work Canada
  •  Rainbow Accreditation issued by Canada’s LGBT+ Chamber of Commerce (CGLCC)
  •  IndigenousWorks
  • Part of Les Affaires top 300 companies in Quebec
  • Synclusiv
  • Ready, Willing and Able 
  • Autisme sans Limites 

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 **

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