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Job Description & How to Apply Below
Your role
- Mobilize, develop and lead the team of experts in model development performance monitoring, back-testing and benchmarking.
- Lead the development and evolution of IFRS 9 credit risk models, including probability of default, loss given default, exposure at default, and staging models for Retail and Wholesale portfolios
- Oversee model performance monitoring activities, including back-testing, benchmarking, and readiness for validation
- Define and execute the roadmap for model recalibration, enhancement, and continuous improvement in line with regulatory expectations
- Present model methodologies, assumptions, limitations, and risk impacts to senior management and model oversight committees
- Collaborate with internal partners to support model review, approval, and governance processes
- Ensure compliance with internal model risk management policies, IFRS 9 standards, and regulatory requirements, including the resolution of validation, audit, and regulatory findings
The Credit Risk Analytics sector brings together specialists who work in an agile, proactive, and collaborative manner to strengthen the Bank's credit risk framework and analytical capabilities.
Within the Credit Risk Analytics department, you are part of a large team of professionals and report to a senior director. The team stands out for its expertise in model development, implementation, and risk reporting across IFRS 9, stress testing, and capital domains.
The Bank values continuous development and internal mobility. Our personalized training programs, based on learning through action, allow you to master your role and develop new areas of expertise. Tools such as the Data Academy, language training, the Harvard Learning Center, and coaching and mentoring support are available to you at all times.
Prerequisites
- Hold a diploma in relevant fields such as financial engineering, finance, economics, statistics, mathematics, computer science, or data science
- Have 7 to 10 years of experience in credit risk modeling or model validation within a major financial institution in Canada
- Demonstrate strong expertise in credit risk modeling methodologies, data requirements, performance metrics, model limitations, and compensating controls
- Have solid knowledge of IFRS 9 requirements and regulatory guidelines related to credit risk, loan allowances, and stress testing
- Be familiar with model risk management frameworks and governance processes
English
Skills
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Critical Thinking Diversity & Inclusion Emotional Intelligence Innovation Management Risk Management Stress Management Teamwork Data-Driven Decision-Making Decision Making Learning Agility Mobilization Resiliency Strategic Vision Strategy Execution Team Alignment
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 offer a barrier-free workplace that is accessible 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!
Position Requirements
10+ Years
work experience
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