Quantitative Risk Analyst

1 month ago


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

The Risk Management Department plays a crucial role in the sustainable growth of Societe Generale by providing expertise, risk understanding, and risk management techniques. The department's mission is to independently analyze, assess, manage, and monitor risk-taking activities to achieve the best possible outcome for the bank. The department oversees enterprise, strategic, credit, market, liquidity, operational, model, and other risks of corporate and investment banking business activities.

Key Responsibilities
  • Design and implement the model risk management system for SG America, ensuring consistency, integrity, and compliance with regulatory provisions.
  • Manage the model approval process, monitoring models' performance, and ensuring adherence to regulatory requirements.
  • Conduct independent reviews of business models under US and Canada regulations, working closely with cross-functional teams, including business stakeholders, model developers, and validators.
  • Present validation analysis to senior management and collaborate with front-office staff, model developers, and risk managers to review models and address remediation efforts.
Requirements
  • Education: Bachelor's degree in a quantitative field, such as Mathematical Finance, Financial Engineering, Statistics, or STEM; Master's or PhD preferred.
  • 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.
Language

English is the primary language for this role, with the ability to communicate in English, both orally and in writing, being a requirement for collaboration with colleagues and partners in the United States.

Benefits
  • Minimum of 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
  • Various Employee Resource Groups (ERG) to engage with
  • A culture of continuous development by encouraging employees to participate in various training programs


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