Quantitative Advisor

3 weeks ago

Montréal QC, Canada Société Générale Full time

**Responsibilities**:
**ABOUT THE JOB**:
The Risk Management Department contributes to the sustainable growth of the Societe Generale group through its expertise, understanding of risks, and risk management techniques. The department’s mission is to independently analyze, assess, manage and monitor risk-taking activities with the objective of achieving, together with the first line-of-defense, the best possible outcome for the bank. The department oversees the enterprise, strategic, credit, market, liquidity, operational, model, and other risks of the corporate and investment banking business activities.

Model Risk Management (MRM) team embedded within the Risk Management function in SG CIB oversees model risk management. MRM is responsible for the second line of defense for model risk and supervises the model risk management function for the SG America regions (US, Canada, and Latin America). In this respect, MRM notably oversees the SG America’s governance for model risk and conducts the independent review of the models in its scope.

In detail, MRM’s main tasks are:

- The design of the SG America’s model risk management system, as well as its consistency, integrity, and compliance with regulatory provisions.
- The independent review of internal models within its scope. The independent review is carried out in accordance with the fundamental principles of the MRM system by extending the due diligence procedures to cover all model aspects required by the regulations (conceptual soundness, implementation, usage, ongoing monitoring of the model carried out by the first line of defense) and in accordance with the scope defined in the context of the oversight.
- Managing the model approval process within its scope.
- Monitoring of the models’ performance, effectiveness of the MRM framework, and the model business environment on ongoing basis, and risk management of the model portfolio, ensuring adherence to regulatory requirements.

The Quantitative Advisor will execute independent review of business models under both US and Canada regulations working closely with cross functional teams, including business stakeholders, model developer, model validators (Paris and NY office), IT, auditors. Presentation of validation analysis to senior management is in the scope of this role. He/she will be exposed to a variety of models used by the business and support functions, including models for credit risk and financial crime compliance.

**What will be your DAY-TO-DAY?**

In collaboration with Senior Quantitative Advisors and the team Manager, the Quantitative Advisor will:

- **Model Review**: Independently assess model design and conceptual soundness by conducting quantitative analyses, statistical tests, and developing challenger models for benchmarking.
- **Data Quality**: Verify the quality and consistency of data inputs, transformations, and outputs, using advanced statistical techniques to address complex datasets.
- **Model Replication**: Review and replicate model architecture to ensure computational accuracy and correct implementation.
- **Output Analysis**: Perform backtesting, benchmarking, and sensitivity analysis to evaluate model performance and accuracy.
- **Model Use**: Ensure model outputs align with business processes, intended use, and reporting requirements.
- **Ongoing Monitoring**: Regularly assess model performance, recommending adjustments or redevelopment based on changes in market conditions, products, or clients.
- **Model Governance**: Evaluate governance aspects, including change management and ongoing monitoring, and assess overall model risk.
- **Communication and Reporting**: Draft detailed validation reports and communicate findings to stakeholders, including management and business partners.
- **Collaboration**: Work closely with front-office staff, model developers, and risk managers to review models and address remediation efforts.

**Profile required**:
**Skills and Qualifications**:
**Must Have**:

- **Education**: Bachelor's degree (Master's or PhD preferred) in a quantitative field such as Mathematical Finance, Financial Engineering, Statistics, or STEM.
- **Experience**: Minimum 3 years in model development, validation, or a front-office quant role; fewer years accepted with a PhD.
- **Technical Proficiency**: Strong programming skills in Python, R, C++, or similar, with advanced knowledge of statistics, econometrics, and machine learning.
- **Data Management**: Experience working with large datasets and quantitative analysis.
- **Communication**: Excellent written and verbal communication skills for working with both technical and non-technical staff.
- **Model Risk**: Familiarity with model risk management practices and regulatory requirements.
- **Additional Skills**: Experience with credit risk or compliance risk models. Certifications such as FRM are a plus.

**Languages: French and English**

**_ Ability to communicate in English, both orally and in writing, is

  • Quantitative Advisor

    3 weeks ago

    Montréal, QC, Canada Société Générale Full time

    **Responsibilities**: **ABOUT THE JOB**: The Risk Management Department contributes to the sustainable growth of the Societe Generale group through its expertise, understanding of risks, and risk management techniques. The department’s mission is to independently analyze, assess, manage and monitor risk-taking activities with the objective of achieving,...

  • Quantitative Advisor

    3 weeks ago

    Montréal, QC, Canada Société Générale Full time

    **Responsibilities**: **ABOUT THE JOB**: The Risk Management Department contributes to the sustainable growth of the Societe Generale group through its expertise, understanding of risks, and risk management techniques. The department’s mission is to independently analyze, assess, manage and monitor risk-taking activities with the objective of achieving,...

  • Vice-president - Quantitative Advisor- (H/F)/x

    2 weeks ago

    Montréal, Canada Société Générale Full time

    **Responsibilities**: **ABOUT THE JOB**: Within Societe Generale Corporate & Investment Banking, the Global Markets Division brings together the Research, Investment and Risk Management Solutions, Execution and Clearing, Prime Services, Equities, Fixed Income, Futures and Currencies & Commodities structuring capabilities with the objective of providing...

  • Advisor Market Risk Model Validation

    3 weeks ago

    Montréal, QC, Canada National Bank of Canada Full time

    A career as an Advisor in Market Risk Model Validation at National Bank means participating in transformation which has direct impact on clients. You will participate in validating and establishing the acceptability of models, quantifying potential losses as well as model limits. In addition, you will contribute in the model risk governance and...

  • Advisor, Geopolitical Analytics

    2 weeks ago

    Montréal, Canada PSP Investments Full time

    ABOUT US We’re one of Canada’s largest pension investment managers, with CAD$264.9 billion of net assets as of March 31, 2024. We invest funds for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in...

  • Advisor - Procurement

    2 weeks ago

    Montréal, Canada Cirque du Soleil Full time

    **Advisor - Procurement** - Permanent position_ We have a place for individuals with a distinct penchant for ensuring the smooth operation of our shows and events, for conceiving remarkable products, for putting their ingenuity at the service of their team, and for contributing to the enhancement of their expertise and the development of exceptional...

  • Advisor - Corporate Procurement

    3 weeks ago

    Montréal, Canada Cirque du Soleil Full time

    **Advisor - Corporate Procurement** Supply Chain and Procurement - Permanent position_ We have a place for individuals with a distinct penchant for ensuring the smooth operation of our shows and events, for conceiving remarkable products, for putting their ingenuity at the service of their team, and for contributing to the enhancement of their expertise...

  • Advisor, HR Technologies

    2 weeks ago

    Montréal, QC, Canada Via Rail Canada Full time

    -Reference Number: 28960_082024 Status: Permanent - Full time Job Category: Human Resources City: MONTREAL Province: Quebec Annual Salary / Hourly Rate: 77 112 - 95 256 Number of positions to be filled: 1 Application Deadline: 2024-09-20 Description: Did you know that VIA Rail is carrying out ambitious projects to modernize its services and...

  • Regional Sales Manager

    2 weeks ago

    Montréal, Canada AGF Management Limited Full time

    About AGF: Founded in 1957, AGF Management Limited is an independent and globally diverse asset management firm. AGF brings a disciplined approach to delivering excellence in investment management through its fundamental, quantitative, private capital, and high-net-worth businesses. Our suite of diverse investment solutions extends globally to a wide range...

  • Specialist, Customer Relations Centre

    2 weeks ago

    Montréal, Canada Scotiabank Full time

    Requisition ID: 158573 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Specialist, Customer Relations Centre will have the opportunity to: - Interact with customers via phone to provide effective customer service in response to inquiries on Dynamic Funds products and services and assist customers...

  • Client Executive

    1 week ago

    Montréal, QC, Canada Marsh Full time

    **Client Executive** **What can you expect?** - As a Client Executive on our Risk Management Team, you will play a key role in maintaining and expanding a mid-sized book of business containing larger or nuanced accounts across various industries or specialties and may contribute to the sales work for complex, high-priority accounts owned by senior...

  • Specialist, Customer Relations Centre

    3 weeks ago

    Montréal, Canada Scotiabank Full time

    **Requisition ID**: 170122 Dynamic Funds is a wholly owned subsidiary of Scotiabank, headquartered in Toronto. Dynamic Funds was established as a small investment club in Montreal in 1957, where it was a pioneer in providing professional investment advice to retail investors. Since then, we have evolved to become one of Canada's most recognized wealth...

  • Financial Analyst

    3 weeks ago

    Montréal, Canada Inovestor Full time

    The Financial Analyst will leverage his financial knowledge into key products to drive growth, retention and utilization to maximize customer satisfaction and loyalty. The Financial Analyst is the person that powers our products for investment advisers, stock exchanges and financial media. These data come from the financial markets and include price history,...

  • Specialist, Customer Relations Centre

    3 weeks ago

    Montréal, Canada Scotiabank Full time

    Requisition ID: 207233 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **The Specialist, Customer Relations Centre will have the opportunity to**: - Interact with customers via phone to provide effective customer service in response to inquiries on Dynamic Funds products and services and assist...

  • Advisor, Risks Management

    3 weeks ago

    Montréal, Canada Ivanhoe Cambridge Full time

    **We invest globally and act locally for a sustainable impact in communities** As a global real estate industry leader, our mission is to generate long-term value for our 6 million depositors in Quebec and to have a positive environmental and social impact on both the people who work for us and the businesses that call our properties home. We develop and...

  • Account Executive

    3 weeks ago

    Montréal, Canada OBERFELD SNOWCAP Full time

    Oberfeld Snowcap is Canada’s leading commercial real estate advisory firm for retailers. With over 40 years of experience in the industry, our team of advisors merge their insights with market intelligence to offer retailers a range of services from tenant representation to restructuring leases with the goal of adding lasting business value. Our firm...

  • Market Research Advisor

    2 weeks ago

    Montréal, Canada BRP Full time

    The Data Management & Insights team is looking for someone who is passionate about market research to take part in leading our global brand and advertising market research initiatives. As a Market Research Specialist, you will be tasked with developing and managing market research projects related to our brand and advertising performance for all BRP brands...

  • Vice President of Demand Generation and Field

    3 weeks ago

    Montréal, Canada Tecsys Full time

    **Position Overview** Reporting to the Chief Marketing Officer and a member of the Marketing Leadership Team, the Vice President of Demand Generation and Field Marketing is a hands-on leader who is a master at execution as well as strategy. He/she will own customer targeting, Tecsys’s integrated marketing campaign strategy/execution, field marketing, ABM,...

  • Institutional Account Manager

    4 weeks ago

    Montréal, Canada PIMCO Full time

    PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the...

  • H&b Financial Analyst

    4 weeks ago

    Montréal, Canada Aon Full time

    Do you articulate finance concepts clearly and translate them for leader consumption? Perhaps the Finance Analyst role at Aon is the next step in your career! Aon is in the business of better decisions At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one...