Quantitative Advisor

3 weeks ago


Montreal, Quebec, Canada SGS Société Générale de Surveillance SA Full time

The Societe Generale group seeks a highly skilled Quantitative Advisor to join its Risk Management Department in the SG America region. As a key member of the Model Risk Management (MRM) team, you will be responsible for overseeing model risk management and ensuring that business models are sound, effective, and compliant with regulatory requirements.

As a Quantitative Advisor, you will execute independent reviews of business models under US and Canada regulations, working closely with cross-functional teams, including business stakeholders, model developers, model validators, IT, auditors, and senior management. Your primary focus will be on assessing model design and conceptual soundness through quantitative analyses, statistical tests, and developing challenger models for benchmarking.

Key responsibilities include:

  • Model Review: Conduct thorough assessments of model design and conceptual soundness, identifying potential risks and areas for improvement.
  • Data Quality: Verify the accuracy and consistency of data inputs, transformations, and outputs to ensure reliable results.
  • Model Replication: Review and replicate model architecture to guarantee computational accuracy and correct implementation.
  • Output Analysis: Perform backtesting, benchmarking, and sensitivity analysis to evaluate model performance and accuracy.
  • Ongoing Monitoring: Regularly assess model performance, recommending adjustments or redevelopment based on changes in market conditions.

To succeed in this role, you must possess:

  • Education: A Bachelor's degree in a quantitative field such as Mathematical Finance, Financial Engineering, Statistics, or STEM; a Master's or PhD is preferred.
  • Experience: At least 3 years of experience 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.

We offer a competitive salary range of $120,000 - $180,000 per year, depending on qualifications and experience, along with a comprehensive benefits package, including:

  • 20 vacation days + 4 personal days
  • Supportive maternity, paternity, parental, and adoption leave policy
  • Health spending ($2,000/year) and personal spending ($1,000/year) accounts with 75+ eligible reimbursement categories
  • Fully sponsored virtual healthcare assistance and Employee Assistance Program
  • A culture of continuous development by encouraging employees various training programs

The Societe Generale group values diversity, equity, and inclusion, offering a hybrid work environment that promotes work-life balance. The ideal candidate will be an enthusiastic professional with a passion for model risk management, excellent analytical skills, and outstanding communication abilities.



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