• Are you know as an expert in modeling, and do you have an in-depth understanding of AIRB models? 
• Do you have excellent verbal and written communication skills, and do you stand out for your analytical mind and your strong ability to explain complex or abstract concepts?
• Would you like to help optimize quantification and credit risk modeling processes, and provide coaching on modeling to less experienced colleagues?

As a Chief Analyst Credit Risk Models, you will act as an expert in credit risk modeling to develop and roll out models intended to assess the credit risk of the Bank’s personal and business clients. You will act as a modeling team leader and share your knowledge and experience to help junior colleagues develop.  Finally, you will guide management in strategic decision-making and help improve the way we do things.
You will stand out for your influence, rigour, and initiative.

Want to find out more?

This position reports to the Senior Manager, Credit Risk Models in the Credit Analytics and Climate Risk sector.

Your main responsibilities:

• Define the approach and direct and develop PD, LGD, and EAD regulatory models
• Explain and defend the models developed to internal partners and regulatory authorities
• Actively engage with IT partners and business lines to ensure the models developed are understood and implemented
• Act as a modeling leader and expert for colleagues, internal and external partners, and on various committees
• Quickly identify model-related issues and problems, develop appropriate solutions, and ensure stakeholder buy-in
• Help the sector move forward in developing models and modeling techniques in line with regulatory requirements and advances made in the industry

Hybrid work: 
We want to contribute to your quality of life by offering you as much flexibility as possible in your work. For example, we offer hybrid work (remote and in the office), work schedule arrangements to help you achieve work/life balance and flexible leave that you can take when it’s important to you.

Requirements

• Master’s degree in mathematics, statistics, financial engineering, econometrics, or another related field and at least 5 years of relevant experience
• Experience developing statistical models
• Extensive knowledge of credit risk management and the Basel Accord
• Solid programming knowledge, preferably in SAS or SQL
• Sound knowledge of IFRS 9 and its application, an asset
• Very high level of autonomy, leadership, rigour, and initiative
• Intellectual curiosity and a strong ability to learn and adapt
• Very strong communication skills, the ability to explain concepts in plain language and write technical and presentation documents
• Ability to influence and communicate effectively and easily with all hierarchical levels
• Bilingualism, spoken and written (English and French) as you will be dealing with English speaking partners

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
• Initiatives promoting community involvement
• Telemedicine service
• Virtual sleep clinic