What it does: BNP Paribas offers financing, savings, investment, and protection services to its clients including retail customers, entrepreneurs, smaller companies, associations, corporates, and institutions.
Mission: To contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.
Size and presence: BNP Paribas is a European leader with a presence in 65 countries. The banking group has more than 1,90,000 employees working at different locations, out of which approximately 1300 are in Canada.
Best known for: Being the European Union’s leading bank, especially in the Americas and in the Asia-Pacific region.
The good bits: BNP Paribas Canada is a good company to work for and provides lots of learning opportunities. The culture is supportive where employees are encouraged to maintain a healthy work/life balance.
The not-so-good bits: Getting a job with BNP Paribas Canada can be challenging and also the benefits are not up to the mark as compared to other banking groups.
BNP Paribas was founded in 2000 as a result of a merger between Banque Nationale de Paris (National bank of Paris) and Paribas. It was formerly known as the Banque de Paris et des Pays-Bas. The banking group is managed by BNP Paribas S.A., the group’s parent entity. Being one of the largest banking groups, it is organized into three major business areas: Personal Banking & Services (CPBS), Commercial, and Investment & Protection Services (IPS), and Corporate & Institutional Banking (CIB).
BNP Paribas is the second largest banking group in Europe, the first being HSBC. Also, it is the ninth-largest banking group in the world. It is a first-tier International banking group and is growing fast in the Asia-Pacific region.
It offers a full line of solutions including Commercial, Personal Banking & Services, Investment & Protection Services, and Corporate and Institutional Banking. In Canada, it has two offices, one in Montreal and the other one in Toronto.
BNP Paribas Canada has a diversified and integrated model with a positive and collaborative work culture. The company ensures close cooperation between all departments and has a culture of innovation and technology.
The bank conducts a lot of events like webinars, virtual classes, courses, and on-demand training sessions for both full-time employees and interns. It offers all employees a vast catalogue of training opportunities, on-site or online.
It believes in the constant development of its employees so that they can do their best. Moreover, the Canada Academy is an initiative to promote knowledge exchange and networking opportunities. In 2019, the Academy delivered around 7,400 classroom training and webinars.
Here’s what to expect from the BNP Paribas Canada hiring process…
BNP Paribas Canada offers equal employment opportunities to everyone including students, young professionals, and experienced professionals. Candidates can explore jobs in different fields like sales and client relations, finance and investment, IT, tech, and data, audit, compliance, risk, and legal, consulting and transformation, corporate finance, support functions, operations management, and actuaries.
For students, BNP Paribas Canada offers internships and other programs to support them build a long-term future. They are provided with interesting assignments to work on, under the guidance of professionals. The BNP Paribas in Canada scholarship program is committed to supporting students throughout their studies. It also aims to promote diversity and equity.
The internship programs are designed to help students learn and develop key skills that are required for a great career. These internships are available for different time durations including 4 months and 1 year in fields like networking and professional. It allows students to explore the banking sector.
There are also programs for recent graduates who want to develop transversal skills and give a good start on their careers. The Propulse program is a personalized development program for graduates and has personal development sessions.
The average annual salary paid by BNP Paribas Canada to its employees is CA$ 71,000.
BNP Paribas is committed to supporting society and the environment through its actions like reducing inequalities, protecting biodiversity, social inclusion, reducing its carbon footprint, and more. The Group is committed to making a sustainable contribution to the societal, technological, economical, and environmental challenges.
The Group was criticized for discrimination in January 2022 when a female banker endured years of direct discrimination. She was also awarded £2M after she complained about being paid much less than male colleagues in the same role.