The position at a glance

This role supports the BNP Paribas mission by ensuring the integrity and robustness of the institution's risk management framework. The main objective is to perform rigorous quantitative reviews of credit risk models to maintain regulatory compliance and operational stability. By providing effective challenge to modeling processes, the position safeguards the bank against model risk.

In detail

• Conduct reasoned quantitative reviews of Credit Risk Models, including IFRS9 and Stress Testing, to ensure alignment with internal standards and regulatory guidelines.
• Support the definition of global modelling convergence across entities to achieve full compliance with European Banking Regulations such as Basel IV.
• Review various models affecting the credit risk decision-making process, including ESG-related models, to maintain a comprehensive risk oversight.
• Provide a collaborative challenge regarding conceptual soundness and model output reasonableness to ensure all modeling aspects remain fit-for-use.
• Develop appropriate validation plans in partnership with validation managers to provide effective challenge commensurate with model risk levels.
• Produce detailed documentation of the effective challenge process to support committees in their review and decision-making procedures.
• Assess ongoing model performance through regular monitoring to ensure continued accuracy and reliability.
• Defend technical conclusions to management through clear communication to facilitate informed institutional decisions.

The strengths and skills that will help you succeed

• Graduate degree in a quantitative field (e.g. Finance, Economics, Statistics).
• Minimum 3 years of experience validating or developing Credit risk models.
• The knowledge of English is required.*
• Statistical expertise applied through time series analysis, inference, and probability to ensure model accuracy.
• Programming proficiency in SAS, R, or Python to execute complex quantitative tasks.
• Technical writing skills used to produce high-quality documentation for regulatory and internal review.
• Communication and synthesis capabilities used to convey complex findings to diverse stakeholders.
• Regulatory knowledge of Basel and IFRS9 applied to ensure alignment with industry standards.
• Machine learning or AI technique application to enhance modern modeling approaches.
• Regulatory interaction experience used when participating in on-site inspection missions.

*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 the English language is required.

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

What's in it for you

Alongside a competitive compensation, we provide a comprehensive suite of flexible benefits designed to support your health, wellbeing, and long-term success:

Health & Wellness A menu of flexible options for you and your family, including a 24/7 telemedicine service.

Mental-Health Support Up to $5,000 per year for sessions with mental-health practitioners, plus unlimited access through our Employee Assistance Program.

Financial Benefits A defined-contribution pension plan and a range of additional financial perks.

Paid Volunteering Days Take time off to give back to the community.

Learning & Development Access to high-quality training, personal-development programs, and clear pathways for internal career progression across our global organization.

Work-place flexibility - Hybrid work is available for most roles. You'll be required in the office at least three days per week, with one of those days being either a Monday or a Friday.

To find out more about our range of benefits, click hre

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