Quantitative Risk Modeling Expert

2 days ago


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

About Societe Generale

Societe Generale is a leading international financial institution with a diverse range of activities in retail banking, corporate and investment banking, insurance, asset management, and private banking. Our mission is to contribute to the sustainable growth of our clients, employees, and communities by providing innovative financial solutions.

Job Summary

We are seeking a highly skilled Quantitative Risk Modeling Expert to join our Risk Management Department. As a key member of the team, you will be responsible for designing and implementing risk management systems, managing model approval processes, and monitoring model performance.

Responsibilities

  • Design and implementation of risk management systems: You will work closely with Senior Quantitative Advisors and other stakeholders to design and implement risk management systems that meet regulatory requirements and ensure consistency and integrity.
  • Model approval process management: You will manage the model approval process within your scope, ensuring that models are properly validated and approved before deployment.
  • Model performance monitoring: You will monitor model performance, effectiveness of the risk management framework, and model business environment on an ongoing basis.

Requirements

To be successful in this role, you will need:

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: Minimum 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 languages.Data management: Experience working with large datasets and quantitative analysis.Model risk: Familiarity with model risk management practices and regulatory requirements.Additional skills: Experience with market risk, counterparty risk, margining, or algorithmic trading models.

What We Offer

As a valued member of our team, you can expect:

Competitive salary: $120,000 - $180,000 per year, depending on experience.Generous benefits package: Minimum 20 vacation days + 4 personal days, supportive maternity/paternity/parental/adoption leave policy, health spending and personal spending accounts, fully sponsored virtual healthcare assistance and Employee Assistance Program.Culture of continuous development: Encouragement through various training programs to enhance your skills and knowledge.Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce.

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