United States dollar Clearing & Payments Oversight – Project Manager

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

The BNP Paribas USD Clearing and Payments activity has a mandate to ensure that there is effective management of USD clearing and payments (“USD Clearing”) activities and related end-to-end controls in BNP Paribas’ NY Branch (the “NY Branch”). In addition, the activity has a global mandate executed by the Clearing and Payments Oversight (“CPO”) team to document the sustainability of the remediation done during the Roosevelt program and as such “secure US Dollar exposure to better protect the bank” via its first line of defense.

By Group Supervisory Control Committee (‘GSCC”) decision, CPO “is responsible for the first level controls of clearing and payments activities for BNPP New York Branch but also that […] will be responsible for the production of a consolidated analysis of the Financial Security Control Framework implemented by the BNP Paribas Affiliates, in order to ensure the quality of the standards designed under the Roosevelt program. »

USD Clearing & Payments Oversight (CPO) is a first line of defense control team, monitoring permanent controls around clearing activity for all BNPP Group entities and business lines, along the entire value chain of USD flows.

The CPO team activities are summarized as follow:

• Permanent monitoring of the Group’s financial security framework within the first line of defense’s US Dollar activities
• U.S. Dollar Flows monitoring  

In detail 

Project Management responsibilities :

o   Define and document project scope, objectives and desired outcome

o   Provide project updates to stakeholders as per demand and requirement

o   Perform regular assessment of project execution to identify areas for improvement

o   Be aware of industry best practices, techniques and standards, and encourage team members to use them for effective project execution

o   Ensure project delivery is on time, as per scope and within the allocated budget

o   Performing analysis to assess the quality and meaning of data

o   Interpreting complex data, identifying patterns and trends, and creating detailed reports to inform decision making

o   Extracting meaningful insights and trends from raw data and presenting them clearly and concisely

Operational Oversight responsibilities:

Affiliates Dashboard

o   Assist in the data gathering and consolidation of Financial Security control results from the USD Clearing network affiliates along with input from Compliance and IG

o   Deep dive analysis, action plan follow-up and fact checking

o   Contribute to the Dashboard presentation to the Affiliate Account Certification Committee

The strengths and skills that will help you succeed 

• STEM education degree (Science, Technology, Engineering, Mathematics)
• Knowledge of the English is required
• Detail-oriented; Critical thinking and problem-solving skills
• Three to five years’ experience in positions related to project management or data science 
• Minimum knowledge of the financial / banking industry and of the bank’s operations, in general
• Knowledge of project management frameworks and best practices
• Knowledge in data science, data management, business intelligence or big data concepts
• Technical skills: reporting tools including but not limited to Power BI, Cognos, Business Objects

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 Top Employer 2023
• Canada’s Best Diversity Employer 2023
• Women in Governance  – Parity certified –  Gold certification
• CCDI Consulting Inc. (Canadian Center for Diversity and Inclusion)
• Pride at Work Canada
• Rainbow Accreditation issued by Canada’s LGBT+ Chamber of Commerce (CGLCC)
• ROSEPH – Grouping of specialized organizations for the employment of persons with disabilities
• IndigenousWorks
• Part of Les Affaires top 300 companies in Quebec

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 **