Quantitative Business Analyst

6 days ago


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

Societe Generale de Surveillance SA is seeking a highly skilled Quantitative Business Analyst to join their team. This role will be based in [location], and the estimated salary for this position is $120,000 - $180,000 per year.

About the Company

The Risk Management Department at Societe Generale de Surveillance SA contributes significantly to the sustainable growth of the company through their expertise, understanding of risks, and risk management techniques. The department's mission is to independently analyze, assess, manage, and monitor risk-taking activities with the objective of achieving the best possible outcome for the bank.

Job Description

The Quantitative Business Analyst will participate in the development and maintenance of the continuous model monitoring (CMM) framework to assess the models' performance, effectiveness of the MRM framework, and the model business environment on an ongoing basis, and risk management of the model portfolio, ensuring adherence to regulatory requirements. He/She will work closely with cross-functional teams, including model validators, model developers, business stakeholders, IT, and auditors with exposure to a variety of models across the business and support functions.

Main Responsibilities
  1. Design metrics aimed to monitor model performance in his/her model scope, including production automation and reporting.
  2. Implement metrics and reporting dashboards for monitoring of the effectiveness of the MRM framework in collaboration with the team in charge of overall MRM framework, policies, and procedures.
  3. Draft business requirements for metric implementation to IT support and detailed description of the metric calculation methodologies, including threshold calibration for the metrics.
  4. Liaison with the first line of defense and the validation teams in the management reporting on the model risk evolution and remediation actions.
  5. Maintain the quality and consistency of data across different systems and management reporting tools used by MRM.
Required Skills and Qualifications

To be successful in this role, the ideal candidate should have:

  • Bachelor's degree in a quantitative field such as Mathematical Finance, Financial Engineering, Statistics, Engineering, or Mathematics.
  • Minimum 2 years of experience in model development, validation, or a front-office quant role.
  • Strong analytical skills and proficiency in Python and SQL programming languages.
  • Excellent knowledge of BI tools and Microsoft Power BI.
  • Data management skills, including experience working with large datasets and quantitative analysis.
Benefits

Societe Generale de Surveillance SA offers a range of benefits to its employees, including:

  • A minimum of 20 vacation days + 4 personal days.
  • A 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.

The company also promotes a culture of continuous development, offering various training programs to its employees.



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