Senior Data Scientist credit risk modeling

Attendance

Hybrid

Job number

22638

Category

Senior Professional

Status: Permanent

Type of Contract

Permanent

Schedule: Full-Time

Full Time / Part Time?

Full-Time

Posting date

20-Sep-2024

Location: Montreal, Quebec

City

Montreal

Province/State

Quebec

Area of Interest: Business intelligence and data

A career as a Senior analytical data scientist within the Credit risk models team involves acting as an expert in credit risk modeling. You will work on developing and deploying models to assess the credit risk of retail and commercial clients of the bank, on combining data with internal credit expertise to develop models that are both performing and explainable, on advising management in its strategic directions and on improving internal practices. It will be through your autonomy, rigor, and initiative that you will stand out.

The position can be based in either Montreal or Toronto.

Your Job:

Define the approach, lead, and develop regulatory PD, LGD, and EAD models
Translate and advocate for the developed models to internal partners and regulatory authorities
Actively engage with IT and business partners to ensure understanding and implementation of developed models
Serve as a modeling expert for colleagues, internal or external partners, and various committees
Quickly identify issues and challenges related to models, develop appropriate solutions, and ensure stakeholder buy-in
Contribute to advancing internal modeling practices in line with regulatory requirements and industry advancements.

Your Team:

Within the Credit Analytics and Climate Risk sector, you report to the Senior Director of Credit Risk Models and are part of a team of about twelve colleagues. Our team stands out for its diverse expertise in credit risk and quantitative methods. You enjoy a flexible and hybrid working environment.

Prerequisites:

Master's degree in mathematics, statistics, financial engineering, econometrics, or a related discipline with a minimum of three years of relevant experience
Experience in developing statistical models
Strong knowledge of credit risk management and Basel Accord a must have
Solid programming skills, preferably in SAS or SQL
Good understanding of IFRS9 Standard and its application, an asset.

Languages:

English, French

Reason to require this language: you will need to discuss frequently with our service providers or partners who speak a language other than French.

Skills

Banking Basel III Credit Risk Data pipeline Data Structures Data Visualization Data-Driven Decision-Making Exploratory Data Analysis IFRS 9 Performance Analysis Resiliency SAS Statistical Data Analysis Statistical Modeling Statistics

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?