Junior Quantitative Advisor

2 weeks ago


Canada Société Générale Full time

**Vos missions au quotidien**:
The **Junior** **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. She/he will be exposed to a variety of models used by the business and support functions, including models for credit risk, market risk, counterparty risk, stress testing, margining, IFRS9, trading algorithms and financial crime compliance.

In collaboration with the Team Manager, the Junior Quantitative Advisor will:

- Conduct independent model review of relevant models that are employed in SG Americas at all stages of their lifecycle by:

- Assessing model conceptual soundness to ensure the consistency of model design by performing quantitative analyses and statistical tests, developing challenger models for benchmark, reviewing model development processes, and challenging the theoretical aspects considering published research and industry practice;
- Working with large, complex datasets to verify data input quality and processing (feeding, transformation), model output accuracy, and employ advanced statistical techniques to work with sparse datasets;
- Assessing data quality and consistency between data characteristics and modeling assumptions;
- Replicating and review model architecture to verify the computation accuracy of a model and ensure the model is implemented as designed and all model components are functioning as intended
- Analyzing model output through backtesting, benchmarking, sensitivity analysis by using quantitative tools and techniques;
- Assessing the model use to ensure it is aligned with the intended purpose by identifying and reviewing model output production, usage, reporting, and business processes;
- Reviewing model ongoing monitoring to ensure that model is performing as intended by evaluating whether changes in products, exposures, activities, clients, or market conditions necessitate adjustment, redevelopment, or replacement of the model. Verify the model performance over time and ensure that model limitations are assessed;
- Conducting and interpreting 2LOD model monitoring;
- Assessing model governance aspects such as model change management, ongoing monitoring, and model risk assessment;
- Evaluate overall model risk, report findings and propose recommendations of remediation. Draft comprehensive validation documents and contribute to the preparation of model review materials for MRM management and committees, RISQ management, and model and business partners;
- Maintain positive relationships and continuous communication with model and business stakeholders;
- Work with front office, model developers and risk managers with day-to-day model review and remediation follow-up.

**Et si c’était vous ?**:
Requirements for the Junior Quantitative Advisor:

- Minimum of a Bachelor’s Degree (Master and PhD preferred) in a quantitative area: Mathematical Finance, Financial Engineering, Statistics, Economics, Computer Science, Technology, Engineering and Mathematics;
- At least 1 year of experience in model development or validation in finance/risk management, or in market risk or counterparty credit risk management, or financial crime compliance, or front office quant role;
- Good quantitative programming skills in at least one programming language (e.g. Python, R, C++, SAS, Matlab);
- Advanced knowledge of statistics, econometrics, and machine learning;
- Strong verbal and written communication skills with the ability to work with quant or non-quant staffs;
- Awareness of model risk management and associated regulatory requirements;
- Team-oriented with a keen sense of ownership and accountability;
- Project and time management skills to work in a multi-tasking working environment;
- Experience in large data management and quantitative analysis is a plus;
- Bilingual (English and French) is a plus;
- FRM or other Risk Management certifications is a plus.

**Plus qu’un poste, un tremplin**:
**POURQUOI SE JOINDRE À NOUS**:
**NOS AVANTAGES**

Rémunération et avantages sociaux compétitifs, incluant mais non limités à:

- Minimum de 20 jours de vacances + 4 jours personnels
- Politique de soutien en matière de congé de maternité, de paternité, parental et d'adoption
- Comptes de dépenses de santé (2 000 $/an) et de dépenses personnelles (1 000 $/an) avec plus de 75 catégories de remboursement admissibles (santé, formation, électronique, etc.).
- Assistance médicale virtuelle entièrement prise en charge et programme d'aide aux employés pour vous et votre famille immédiate.
- Divers groupes de ressources pour les employés (ERG) auxquels vous pouvez participer, tels que Pride and Allies, American Women Network, Black Leadership Network, One planet, etc.
- Une culture de dév



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