The Prospective Analysis Department’s primary mandate is to produce and coordinate forward-looking risk management analyses for Desjardins Group, including sensitivity analyses, scenario analyses and stress testing. These analyses are carried out in partnership with various experts in risk management and finance, as well as collaborators from other Desjardins Group business sectors. As a data scientist for prospective analysis modelling, you help with prospective analysis, quantification and modelling of the risk parameters used to calculate expected credit loss.
The goal is to support strategic risk management and build Desjardins Group’s financial strength. You carefully review how the IFRS 9 provision is calculated, and you carefully review the administrative department’s analysis reports. These activities require knowledge of modelling and projecting risks, current Basel standards and regulations, and statistical knowledge. More specifically, you will be required to:
Design, use and develop econometric projection models for risk parameters and diligently prepare associated documentation.
Develop tools to project and integrate risks with aggregated risk and financial measures.
Calculate forward-looking risk information used to calculate IFRS 9 provisions.
Calculate expected loss projections and IFRS 9 provisions as part of various forward-looking analyses, including budget exercises and stress testing.
Balance business needs, risk management, requirements and best practices.
Contribute to projects, mandates or activities in your field of expertise.
Monitor the industry to understand and anticipate trends in your field of expertise to develop and update relevant best practices for the organization
What we offer*
Competitive salary and annual bonus
4 weeks of flexible vacation starting in the first year
Defined benefit pension plan that provides predictable, stable income throughout retirement
Group insurance including telemedicine
Reimbursement of health and wellness expenses and telework equipment
#LI-Hybrid
What you bring to the table
Bachelor's degree in a related field
A minimum of four years of relevant experience
Please note that other combinations of qualifications and relevant experience may be considered
Experience quantifying risks and/or capital
Experience in econometric and statistical modelling
Knowledge of French is required
Intermediate advanced proficiency of English due to the nature of the duties or work tools or because the position involves interactions with English-speaking partners, members and/or clients
Proficiency with SAS, SQL and Python programming tools
Knowledge of risk and macroeconomic concepts
Knowledge of Basel standards and IFRS 9
Trade Union (If applicable)
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