Quantitative Risk Model Analyst

8 hours ago


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

We are seeking a highly skilled Quantitative Risk Model Analyst to join our team in SGS Société Générale de Surveillance SA.

About the Job

The Risk Management Department plays a crucial role in the sustainable growth of the company by providing expertise, risk analysis, and management techniques. Our mission is to analyze, assess, manage, and monitor risk-taking activities to achieve the best possible outcome for the bank.

The Model Risk Management (MRM) team oversees model risk management and supervises the model risk management function for the SG America regions. In this role, you will be responsible for designing the model risk management system, managing the model approval process, and monitoring models' performance.

Key Responsibilities
  • Design and develop the continuous model monitoring (CMM) framework to assess models' performance and effectiveness.
  • Conduct independent model reviews of relevant models at all stages of their lifecycle.
  • Assess model conceptual soundness through quantitative analyses and statistical tests.
  • Work with large, complex datasets to verify data input quality and processing.
Requirements

To succeed in this role, you will need:

  • Bachelor's degree (Master's or PhD preferred) in a quantitative field such as Mathematical Finance, Financial Engineering, Statistics, or STEM.
  • Minimum 3 years of experience in model development, validation, or a front-office quant role.
  • Strong programming skills in Python, R, C++, or similar, with advanced knowledge of statistics, econometrics, and machine learning.
  • Experience working with large datasets and quantitative analysis.
  • Familiarity with model risk management practices and regulatory requirements.
What We Offer

In addition to a competitive salary ($90,000 - $120,000), we offer a range of benefits including:

  • 20 vacation days + 4 personal days.
  • A supportive maternity, paternity, parental, and adoption leave policy.
  • Health spending and personal spending accounts with eligible reimbursement categories.
  • Fully sponsored virtual healthcare assistance and Employee Assistance Program.

We value diversity and inclusion and strive to create an environment that is welcoming and inclusive to all employees.



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