Internship Model Risk Management - Fall 2024 - - 22277 - NATIONAL BANK OF CANADA

Internship Model Risk Management - Fall 2024

Attendance

Hybrid

Job Number

22277

Category

Professional

Status: Internship 4 months

Type of Contract

Internship

Number of months

4 months

Schedule: Full-Time

Full Time / Part Time?

Full-Time

Posting date

27-Aug-2024

Location: Montreal, Quebec

City

Montreal

Province/State

Quebec

Area of Interest: Internships and student jobs

An internship in model management in the Model Risk Management team at National Bank means being a key player in the management, support and optimization of the inventory (directory or register) of models and systems in the Bank.

Model inventory is an important component of model risk management. All models that will be deployed in the organization must be identified, recorded, and versioned to allow tracking of all actions performed on them well before they are developed until they are decommissioned.

It also means working closely with model lifecycle stakeholders to vulgarize regulatory and internal requirements for model documentation, while also understanding their needs, resolving technical issues, and proposing continuous improvements to the collection of required information.

Your internship mandate:

Daily documentation of model information at all stages of their model lifecycle and ensuring timely updating of information.
Control: Ensuring the integrity, accuracy and completeness of documented information and conducting regular checks to identify any inconsistencies.
Technology application: support the Model Manager in overseeing the Model Management Application, including maintenance, updates, and necessary enhancements to meet the needs of users and the Inventory Manager
User Support: Provide front-line support to the teams using the application, resolving technical issues and answering their questions.
Documentation and Training: Maintain and update technical documentation and inventory user guides. Organize training sessions for users as needed.
Reporting: Support the Model Manager in the development of dashboards and the preparation and reporting of model information as requested by committees and senior management.

Your team:

Part of the company-wide risk management at National Bank of Canada, The mandate of the Model Validation and Model Risk Management group is to identify, measure and manage model risk across the Bank.

We are responsible for managing model risk at the Bank and validating several groups of models used by the Bank in accordance with internal policies and regulatory requirements.

This is a unique opportunity to join the team that is looking for an enthusiastic, dynamic and detail-oriented individual with strong collaboration skills and the ability to adapt and evolve in a changing environment.

Required skills:

Bachelor's degree in a field related to the industry and relevant experience OR Master's degree in a field related to the industry.
Skills in the use of Microsoft Excel.
Analytical abilities, with a detail-oriented approach and an ability to develop solutions to complex problems. Ability to quickly assimilate new information and adapt strategies to an ever-changing regulatory environment.
Organizational and time management skills.
Oral and written communication skills, to popularize and synthesize information
Experience with a data visualization tool such as Power BI.
Experience with technical support tools such as JIRA.
Knowledge of or interest in risk management and models
Knowledge of or interest in the regulatory framework for financial institutions

Languages:

English, French

Reason to require this language: you will need to carry out regularly tasks that require the use of IT apps and tools unavailable in French.

Your benefits

In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family.

Health and wellness program, including many options
Flexible group insurance
Generous pension plan
Employee Share Ownership Plan
Employee and Family Assistance Program
Preferential banking services
Opportunities to get involved in community initiatives
Telemedicine service
Virtual sleep clinic

These are a few of the benefits available to you. We have an offer that keeps up with trends as well as your needs and those of your family. 

Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We actively listen to employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication is encouraged.

We're putting people first:

We're a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people.  Our mission is to have a positive impact on peoples' lives. Our core values of partnership, agility, and empowerment inspire us, and inclusivity is central to our commitments. We want to offer an accessible, barrier-free workplace to all employees.

We want our recruitment process to be fully accessible. If you require accommodation, feel free to let us know during your first conversations with us. We welcome all candidates! What can you bring to our team?

Come live your ambitions with us!

Apply

For an environment that supports your career path

There are many varied opportunities for you to progress and develop, and move ahead in your career. This includes on-the-job learning and training, co-development and pairing with other employees, professional support and mentoring, internal career days or discussion forums with our leaders.

For an inclusive and diverse environment

We foster inclusion in an environment where each person’s unique qualities, whether visible or invisible, are celebrated and valued. We welcome all candidates! What can you bring to our team?