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BNP Paribas

RISK Model Developer – Internship

On site

Montreal, Canada

Internship

10-12-2025

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Skills

Problem Solving Critical Thinking Python Data Mining Risk Management Monitoring Test Networking Training Risk Assessment Machine Learning Regression Organization Recruitment Analytics Data Science

Job Specifications

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

The position at a glance

Overall 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.
Credit and counterparty risk, market risk, funding and liquidity risk, as well as interest rate and FX risk of the Banking book, insurance risk and operational risk.
RISK covers all Group’s activities and geographies.
Provide a holistic view of the risk profile to the Bank’s Management and Board, by coordinating with the relevant Functions to ensure relevant risk assessment, aggregation, and reporting.

Specific RISK Model team objectives:

Work on the development of quantitative models for a broad range risk‑management activities, including (but not limited to) credit‑risk modelling and stress‑testing of the bank’s commercial and retail loan portfolios, budgeting, regulatory compliance, climate‑risk assessment, and AI‑driven solutions.
Follow the established modeling development principles to implement statistical and analytical solutions and be part of the team that develops and implements those solutions.
Provide support to document analytical solutions in accordance with the Bank’s latest model governance policies.
Follow proper model monitoring and back testing processes, model change control procedures and versioning protocols.

In detail

Contribute to projects with particular focus on credit risk, climate related risk, and AI driven solutions.
Collaborate with production analytics team to implement and test the models and to continuously enhance analytic infrastructure.
Work effectively as a team member with other quantitative analysts at the company.
Stay up‑to‑date on the latest advances in quantitative risk management and industry best practices for model development.
Demonstrate passion for exploring innovative quantitative modelling techniques and commit to continuous learning.

The Strengths And Skills That Will Help You Succeed

We are looking for a Candidate:

Currently enrolled in Master’s or other advanced degrees in Quantitative fields (Finance, Actuarial science, financial engineering, etc.)

Preferred Qualifications:

Coding: prior knowledge in Python or R.
Experience in data exploration, data mining, and data transformation.
Experience with statistical modeling and Data Science techniques.
Strong quantitative and statistical skills (time series analysis, regression models, segmentation, AI or machine learning techniques).
Highly self-motivated, results oriented and capable of independent critical thinking and problem solving.
Strong verbal and written communications skills.
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 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

About the Company

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 65 countries, with more than 190,000 employees, including more than 145,000 in Europe. BNP Paribas holds leading positions in its three major operating divisions: Commercial, Personal Banking & Services for all the Group’s retail banking networks and several specialised businesses, including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; Corporate & Instit... Know more