Consultant, Quantitative Risk Modelling

1 week ago


Toronto, Ontario, Canada CIBC Full time
We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work.

Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit

What you'll be doing

Quantitative Risk Modelling has several duties with respect to risk models, including model development, governance, assessment, and consultation.

Reporting to the Director, RESL and AML Risk Modelling, the Consultant, Quantitative Risk Modelling will use statistical software such as Python, SAS Enterprise Guide and SAS Enterprise Miner, as well as other modelling software, to develop or assist in the development of various advanced models (ML/AI) and parameters.

You will also be responsible for our day-to-day operation of our model monitoring process and operations.

  • At CIBC we enable the work environment most optimal for you to thrive in your role. You'll have the flexibility to manage your work activities within a hybrid work arrangement where you'll spend 13 days per week onsite, while other days will be remote._


How you'll succeed- Model Performance Monitoring - You will execute the day-to-day model operations and testing with regards to monitoring and implementation including maintenance of dashboards and reports.

Track the effectiveness of predictive models in order to evaluate their ongoing performance and keep them current.- Models and Scorecards Development - You will contribute to the development of new models/scorecards and characteristics to mitigate credit risk across a broad variety of portfolios including Credit, AML, and Fraud risk.

Collaborate with business partners to advanced analytics project from conception to implementation including Machine Learning and AI initiatives.- Value-Added Quantitative Analysis - You will conduct quantitative analysis to support the development and implementation of new and existing models or scorecards within Credit Risk.

Work closely within the team to facilitate effective dissemination of risk information regarding models.

Who you are- You can demonstrate experience. In data analytics focused role.

Demonstrate advanced analytics skills, machine learning, statistical procedures, techniques to conceptualize, research, compile and translate analytical findings into meaningful applicable strategies and recommendations.

Proficiency with SQL, Python, and SAS.- You can demonstrate knowledge.

Risk modelling with regards to model development, monitoring and understand the business concepts, strategy, and usage of these models.- You have a degree.

In a quantitative field such as Analytics, Statistics, Mathematics, etc.- You're digitally savvy. You seek out innovative solutions and embrace evolving technologies. You can easily adapt to new tools and trends. Strong Python, SQL, and SAS skills.- You give meaning to data. You enjoy investigating complex problems and making sense of information. You communicate detailed information in a meaningful way.- You know that details matter. You notice things that others don't. Your critical thinking skills help to inform your decision making.- Values matter to you. You bring your real self to work and you live our values - trust, teamwork, and accountability.

What CIBC Offers

At CIBC, your goals are a priority.

We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential.

We aspire to give you a career, rather than just a paycheck.- We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, defined benefit pension plan*, an employee share purchase plan, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.- Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.- We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.


  • Subject to plan and program terms and conditions


What you need to knowYou need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

Job Location

Toronto-81 Bay, 31st Floor

Employment Type

Regular

Weekly Hours

37.5

Skills:

Analytical Thinking, Decision Making, Group Problem Solving, Machine Learning, Model Analysis, Python (Programming Language), Regulatory Requirements, Risk Models, Risk Quantification, SAS Enterprise, Structured Query Language (SQL)

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