Intern - Market Risk Analyst (Summer 2026)

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

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The position at a glance

The RISK function of BNP Paribas constitutes the Second Line of Defense of the Bank. It aims at independently reviewing, assessing, challenging and communicating on the level of risk generated by the various business lines and activities within the Group. Hence, RISK both protects and serves the bank by acting as a key contributor to its long-term development.

RISK Mission Statements:

To advise the Bank's Management on risk appetite definition

To contribute as an objective "second pair of eyes" that risks taken on by the Bank align with its policies

To report and alert Bank Management of the status of risks to which the Bank is exposed

To contribute to the development and growth of the risk culture within the Group

RISK Markets and Financial Institutions ("RISK MFI") is responsible for the monitoring of market, liquidity and counterparty risks of the BNP Paribas Corporate and Institutional Banking (CIB) perimeter. RISK MFI helps the Group senior management, the RISK Function and Global Markets to make the best choices by anticipating on events and finding the right balance between profitability and long-term protection of the Bank. RISK MFI is organized into 2 streams (Analysis & Decisions and Platforms), present in 14 locations across Europe, Asia Pacific (APAC) and Americas.

The Canadian RISK platform was created in early 2020, the main mandate of the newly created RISK Shared-Service platform is to support and deliver high-quality services to the U.S. RISK teams.

The intern will join a new and dynamic team, exposed to a vast range of different tasks and projects, as expected for a recently created platform.

In detail

SUMMARY OF THE ROLE

As part of the RISK MFI Americas team, the candidate will have the following responsibilities:

Monitoring of main risks and limits on business lines,

Management of production issues affecting market risks in tandem with IT teams,

Participation in process harmonization with counterparts in Europe and Asia,

Participation in innovation projects to improve process efficiency.

All in all, the intern's mission will allow the candidate to gain more knowledge on markets, products and market risk management.

At the same time, the innovation aspect will allow the intern to develop technical skills. As such, this mission is a rare opportunity to gain in both functional and technical knowledge.

MAIN RESPONSIBILITIES

• After an initial training period with a team member, the candidate will progressively take on responsibility for monitoring a business line (e.g., equity derivatives, interest rates, credit products, etc.)

The candidate will be in charge of a number of daily tasks such as:

Daily limit reporting

Limit excess notification

• For the business line that the candidate is responsible for, he/she will have to perform the following:

Monitor data quality in the RISK systems and potentially represent RISK MFI's interests for projects that involve data quality improvement.

Be able to propose ways of improving the efficiency of RISK MFI processes (e.g., reporting, calculation methodologies, etc.)

• The candidate will also be tasked with proposing and developing IT tools (spreadsheets, macros, Python/R scripts, etc.) for the team and for other teams within RISK MFI.

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

List of required competencies

Student completing their Bachelor's degree in Engineering, Financial Engineering, Finance, Math, Sciences, Economics, Econometrics or related discipline with a graduation date of December 2026 or May 2027; Master's degree would be a plus

Proficiency with MS Office Tools

Proficiency in Excel VBA is a must

An interest in developing practical solutions to data analysis problems by using more advanced solutions (R/Python) is preferred

Some familiarity with financial products is an advantage (bond pricing, definition of Greeks (Delta/Vega/Gamma), concepts of option pricing) is preferred;

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 French and 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

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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

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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

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*** 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***