LOG IN
SIGN UP
Canary Wharfian - Online Investment Banking & Finance Community.
Sign In
or continue with e-mail and password
Forgot password?
Don't have an account?
Create an account
or continue with e-mail and password
By signing up, you agree to our Terms & Conditions and Privacy Policy.

Credit Analyst, FIC Insurance

ExperiencedNo visa sponsorship
BNP Paribas logo

at BNP Paribas

Investment Banking

Posted a month ago

No clicks

Role within the Financial Institutions Coverage (FIC) team responsible for completing credit analysis for financial institutions clients, including due diligence. Lead annual credit reviews and new-request presentations for insurers, pension funds, and mortgage companies in the Americas, delivering financial analysis, internal rating recommendations, and credit opinions. Coordinate the full credit process with Coverage and support functions to ensure timely information exchange and alignment on risk; monitor counter-party exposure breaches and work with Legal to incorporate credit-sensitive terms into documentation. Requires 3-5 years of credit risk experience, English proficiency, and the ability to work in a team with strong communication and time-management skills; hybrid work arrangement with in-office presence at least 3 days per week in Montreal.

Compensation
Not specified

Currency: Not specified

City
Montreal
Country
Canada

Full Job Description

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. 

The position at a glance

Financial Institutions Coverage (FIC) is a global coverage group specializing in the Financial Institutions sector. FIC aims to build long-term relationships with key clients and gain insight into client strategy and targets to provide original and integrated ideas and solutions. 

Within FIC, FIC Credit Team is responsible for completing the credit analysis for financial institutions clients (including due diligence when necessary). 

In particular, the Team ensures that credit analysis and recommendations are provided in due time for Banks, Insurances, Sovereign, Brokers, other non-banks financial institutions, pensions funds, funds, hedge funds, regulated funds, funds of hedge funds, agency arrangements and asset managers.  

In detail

The team members are responsible of the following activities:

  • Lead annual credit reviews and newrequest presentations for insurers, pension funds and mortgage companies in the Americas, delivering peerbased financial analysis, internal rating recommendations and credit opinions to Credit Committees.
  • Analyse capitalmarkets and corporatebanking deals  (derivatives, repo, securitieslending, prime services, revolving facilities, lettersofcredit, syndicated and structured financings).
  • Coordinate the full credit process with Coverage, Business and supporting functions, ensuring timely exchange of information and alignment on risk.
  • Monitor and flag counterparty exposure breaches identified by CreditRisk Control, and work with Legal to incorporate creditsensitive terms into documentation.
  • Partner with Relationship Managers, Traders, MarketRisk, Legal and Operations to structure transactions that mitigate credit, market, legal and operational risks.
  • Support all BNP Paribas businessline credit requests/transactions, prioritising multiple files efficiently and contributing to internal exposurereview and dataquality exercises.
  • Stay current on industry, regulatory and legal developments affecting credit risk, and disseminate relevant insights across the team.

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

    BS/BA required (with finance or economic background preferred).

    3-5 years previous experience in credit risk (or banking), in covering insurance companies will be an asset 

    Fluency in English * 

Knowledge in capital markets products and related legal documentation

Knowledge in corporate banking transactions

    Self-starter and highly motivated to learn a variety of financial institution industry sectors and capital markets products 

    Clear communication skills to firmly and confidently express credit decisions & opinions

    Ability to organize time and meet deadlines/deliver requests on time

    Ability to work in a team environment: interacting with other credit analysts, relationship managers, front office sales persons, and clients

    Proficiency in Word and Excel (spreadsheet analysis) 

*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 English language is required. 

Whats 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 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.

To find out more about our range of benefits, click here(Opens in a new tab)

What you need to know

  • We will review candidates as they apply, so dont 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(Opens in a new tab)

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(Opens in a new tab)

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

  • Montreals Top Employers 2025
  • Canadas 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(Opens in a new tab)

*** 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***


Apply now

SIMILAR OPPORTUNITIES

No similar opportunities available at the moment.

Credit Analyst, FIC Insurance

Compensation

Not specified

City: Montreal

Country: Canada

BNP Paribas logo
Investment Banking

a month ago

No clicks

at BNP Paribas

ExperiencedNo visa sponsorship

Role within the Financial Institutions Coverage (FIC) team responsible for completing credit analysis for financial institutions clients, including due diligence. Lead annual credit reviews and new-request presentations for insurers, pension funds, and mortgage companies in the Americas, delivering financial analysis, internal rating recommendations, and credit opinions. Coordinate the full credit process with Coverage and support functions to ensure timely information exchange and alignment on risk; monitor counter-party exposure breaches and work with Legal to incorporate credit-sensitive terms into documentation. Requires 3-5 years of credit risk experience, English proficiency, and the ability to work in a team with strong communication and time-management skills; hybrid work arrangement with in-office presence at least 3 days per week in Montreal.

Full Job Description

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. 

The position at a glance

Financial Institutions Coverage (FIC) is a global coverage group specializing in the Financial Institutions sector. FIC aims to build long-term relationships with key clients and gain insight into client strategy and targets to provide original and integrated ideas and solutions. 

Within FIC, FIC Credit Team is responsible for completing the credit analysis for financial institutions clients (including due diligence when necessary). 

In particular, the Team ensures that credit analysis and recommendations are provided in due time for Banks, Insurances, Sovereign, Brokers, other non-banks financial institutions, pensions funds, funds, hedge funds, regulated funds, funds of hedge funds, agency arrangements and asset managers.  

In detail

The team members are responsible of the following activities:

  • Lead annual credit reviews and newrequest presentations for insurers, pension funds and mortgage companies in the Americas, delivering peerbased financial analysis, internal rating recommendations and credit opinions to Credit Committees.
  • Analyse capitalmarkets and corporatebanking deals  (derivatives, repo, securitieslending, prime services, revolving facilities, lettersofcredit, syndicated and structured financings).
  • Coordinate the full credit process with Coverage, Business and supporting functions, ensuring timely exchange of information and alignment on risk.
  • Monitor and flag counterparty exposure breaches identified by CreditRisk Control, and work with Legal to incorporate creditsensitive terms into documentation.
  • Partner with Relationship Managers, Traders, MarketRisk, Legal and Operations to structure transactions that mitigate credit, market, legal and operational risks.
  • Support all BNP Paribas businessline credit requests/transactions, prioritising multiple files efficiently and contributing to internal exposurereview and dataquality exercises.
  • Stay current on industry, regulatory and legal developments affecting credit risk, and disseminate relevant insights across the team.

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

    BS/BA required (with finance or economic background preferred).

    3-5 years previous experience in credit risk (or banking), in covering insurance companies will be an asset 

    Fluency in English * 

Knowledge in capital markets products and related legal documentation

Knowledge in corporate banking transactions

    Self-starter and highly motivated to learn a variety of financial institution industry sectors and capital markets products 

    Clear communication skills to firmly and confidently express credit decisions & opinions

    Ability to organize time and meet deadlines/deliver requests on time

    Ability to work in a team environment: interacting with other credit analysts, relationship managers, front office sales persons, and clients

    Proficiency in Word and Excel (spreadsheet analysis) 

*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 English language is required. 

Whats 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 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.

To find out more about our range of benefits, click here(Opens in a new tab)

What you need to know

  • We will review candidates as they apply, so dont 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(Opens in a new tab)

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(Opens in a new tab)

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

  • Montreals Top Employers 2025
  • Canadas 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(Opens in a new tab)

*** 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***


SIMILAR OPPORTUNITIES

No similar opportunities available at the moment.