Financial Modeling Specialist

3 days ago

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

About the Job:

The Risk Management Department plays a vital role in the sustainable growth of SGS Societe Generale de Surveillance SA by leveraging its expertise, understanding of risks, and risk management techniques. The department's primary objective is to independently analyze, assess, manage, and monitor risk-taking activities with the aim of achieving the best possible outcome for the bank.

Model Risk Management (MRM) is responsible for overseeing model risk and supervising the model risk management function for the SG America regions (US, Canada, and Latin America). In this capacity, MRM oversees the SG America's governance for model risk and conducts an independent review of the models within its scope.

In detail, MRM's main responsibilities include:

  • Designing the SG America's model risk management system, ensuring its consistency, integrity, and compliance with regulatory provisions.
  • Managing the model approval process within its scope.
  • Monitoring the performance of models, the effectiveness of the MRM framework, and the model business environment on an ongoing basis.

The Financial Modeling Specialist will participate in the development and maintenance of the continuous model monitoring (CMM) framework to assess the performance of models, the effectiveness of the MRM framework, and the model business environment on an ongoing basis. This individual will work closely with cross-functional teams, including model validators, model developers, business stakeholders, IT, and auditors.

In collaboration with the Team Manager, the Financial Modeling Specialist will be responsible for:

  • Metric Design and Implementation: Developing and implementing metrics aimed at monitoring model performance within their assigned model scope.
  • Documentation: Drafting business requirements for metric implementation to IT support and detailing the calculation methodologies of each metric.
  • Analysis of Metrics Results and Breach Management: Collaborating with the first line of defense and validation teams in managing reporting on the evolution of model risk and remediation actions.
  • Data Quality: Ensuring the quality and consistency of data across different systems and management reporting tools used by MRM.
  • Model Risk Identification and Assessment:
  • Collaboration: Working closely with front-office staff, model developers, model validators, IT services, and risk managers.

Estimated Salary:$120,000 - $180,000 per annum

Skills and Qualifications:

Must Have:

  • Education:Bachelor's degree in a quantitative field such as Mathematical Finance, Financial Engineering, Statistics, Engineering, or Mathematics.
  • Experience:Minimum 2 years in model development, validation, or a front-office quant role.
  • Technical Proficiency:Strong analytical skills and programming skills in Python and SQL.
  • Data Management:Experience working with large datasets and quantitative analysis.
  • Model Risk:Familiarity with model risk management practices and US regulatory requirements is a plus.

Languages:English

Why Join Us:

Our Benefits:

  • 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
  • Employee Resource Groups (ERGs) to engage with
  • A culture of continuous development through various training programs

Our Culture:

Diversity & Inclusion:

We strive for inclusivity in our workplace and provide opportunities for professional growth.

Hybrid Work Environment:

Societe Generale offers a flexible work arrangement that allows employees to work remotely and on-site.

  • Financial Modeling Specialist

    5 days ago

    Montreal, Quebec, Canada CMHC - SCHL Full time

    About the RoleCMHC is seeking a Financial Modeling Specialist to join the Model Risk Management division. In this role, you will apply your advanced analytical skills to model development, validation, and interpretation, ensuring the accuracy and reliability of financial models.Key ResponsibilitiesPerform validation of financial models, including credit...

  • Financial Modelling Specialist

    3 days ago

    Montreal, Quebec, Canada GTT, LLC Full time

    About the OpportunityWe are seeking an experienced Financial Modelling Specialist to join our team at GTT, LLC in Montreal, QC.The estimated annual salary for this role is $100,000 - $120,000, depending on experience and qualifications.Job DescriptionThis is a hybrid position requiring 3 days in office, Tuesday-Thursday, with a schedule of Monday-Friday,...

  • Financial Risk Model Validation Specialist

    3 days ago

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

    About the RoleWe are seeking a highly skilled Financial Risk Model Validation Specialist to join our team in New York. As a key member of our Risk Management Department, you will be responsible for validating and monitoring financial models used by our trading teams.Company OverviewSociete Generale is one of the leading financial institutions in Europe, with...

  • Financial Modelling Specialist

    2 months ago

    Montreal, Quebec, Canada KPMG Full time

    About KPMGKPMG is a global organization with a diverse team of problem solvers dedicated to turning insight into opportunity for clients and communities worldwide.Our GrowthWe are experiencing significant growth in demand to support our clients in all areas of our function, including valuations and financial modelling.Key ResponsibilitiesContribute to the...

  • Financial Modelling Specialist

    2 months ago

    Montreal, Quebec, Canada KPMG Full time

    About KPMGKPMG is a global organization with a diverse team of problem solvers dedicated to turning insight into opportunity for clients and communities worldwide.Our GrowthWe are experiencing significant growth in demand to support our clients in all areas of our function, including valuations and financial modelling.Key ResponsibilitiesContribute to the...

  • Financial Specialist

    4 weeks ago

    Montreal, Quebec, Canada Intact Financial Corporation Full time

    About the RoleWe are seeking a highly skilled Financial Specialist to join our Distribution Financial Strategy (DFS) team. As a key member of our team, you will be responsible for providing financial support to our brokerage network, ensuring a strong and sustainable presence in the market.Key ResponsibilitiesOversee the implementation and execution of our...

  • Senior Financial Modelling Specialist

    3 weeks ago

    Montreal, Quebec, Canada KPMG Full time

    OverviewKPMG is a global network of firms providing audit, tax, and advisory services. We are currently seeking a skilled Financial Modelling and Valuations Lead to join our team of diverse and dedicated problem solvers.As a Financial Modelling and Valuations Lead, you will be responsible for providing expert financial modelling and valuations services to...

  • Senior Financial Specialist

    3 weeks ago

    Montreal, Quebec, Canada Intact Financial Corporation Full time

    About the RoleWe are seeking a highly skilled Senior Financial Specialist to join our IT Finance team. As a key member of our team, you will be responsible for providing financial expertise and support to our IT portfolios.Key responsibilities include:Providing financial analysis and insights to support business decisionsDeveloping and maintaining financial...

  • Financial Specialist

    1 month ago

    Montreal, Quebec, Canada Intact Financial Corporation Full time

    At Intact Financial Corporation, we're seeking a highly skilled Financial Specialist to join our Distribution Financial Strategy (DFS) team. As a key member of our team, you'll play a critical role in the governance, financial management, and development of our investment portfolio.About the RoleWe're looking for a talented individual with a strong...

  • Financial Specialist

    1 month ago

    Montreal, Quebec, Canada Intact Financial Corporation Full time

    At Intact Financial Corporation, we're seeking a highly skilled Financial Specialist to join our Distribution Financial Strategy (DFS) team. As a key member of our team, you'll play a critical role in the governance, financial management, and development of our investment portfolio.About the RoleWe're looking for a talented individual with a strong...

  • Accounting Specialist, Financial Reporting

    3 weeks ago

    Montreal, Quebec, Canada Intact Financial Corporation Full time

    Are you passionate about accounting and looking for a challenging role where you can innovate, excel, and collaborate with experts from various sectors? Intact Financial Corporation is seeking an Accounting Specialist for its Financial Reporting & Consolidation department.The successful candidate will play a key role in the analysis and disclosure of...

  • Senior Model Risk Specialist

    3 weeks ago

    Montreal, Quebec, Canada Canada Mortgage and Housing Corporation Full time

    About the RoleWe are seeking a Senior Model Risk Specialist to join our Model Risk Management division, Model Validation group. In this role, you will apply your advanced analytical skills and knowledge of Canada's financial and mortgage sectors to modelling initiatives at CMHC, including model development, model validation, and the interpretation of model...

  • Risk Model Validation Specialist

    3 weeks ago

    Montreal, Quebec, Canada Banque Nationale du Canada Full time

    Job SummaryWe are seeking a highly skilled Risk Model Validation Specialist to join our Market Risk Model Validation team at Banque Nationale du Canada. As a key member of our team, you will be responsible for validating and establishing the acceptability of market risk models, quantifying potential losses, and contributing to model risk governance and...

  • Senior Model Validation Specialist

    1 month ago

    Montreal, Quebec, Canada Canada Mortgage and Housing Corporation Full time

    About the RoleWe are seeking a highly skilled Senior Specialist, Model Validation to join our Model Risk Management division, Model Validation group at Canada Mortgage and Housing Corporation (CMHC). As a key member of our team, you will play a critical role in ensuring the accuracy and reliability of our financial risk models.Key ResponsibilitiesPerform...

  • Senior Model Validation Specialist

    1 month ago

    Montreal, Quebec, Canada Canada Mortgage and Housing Corporation Full time

    About the RoleWe are seeking a highly skilled Senior Specialist, Model Validation to join our Model Risk Management division, Model Validation group at Canada Mortgage and Housing Corporation (CMHC). As a key member of our team, you will play a critical role in ensuring the accuracy and reliability of our financial risk models.Key ResponsibilitiesPerform...

  • Quantitative Risk Modeling Specialist

    1 week ago

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

    Job Summary:The Quantitative Risk Modeling Specialist will be responsible for independently reviewing and validating business models to ensure they are sound and effective. This will involve assessing model design and conceptual soundness, verifying data quality and consistency, and performing backtesting and sensitivity analysis.Key Responsibilities:*...

  • Senior Financial Specialist

    4 weeks ago

    Montreal, Quebec, Canada Intact Financial Corporation Full time

    About the RoleWe are seeking a highly skilled Senior Financial Specialist to join our IT Finance team. As a key member of our team, you will play a central role in coordinating the budgeting and forecasting process, advising on budgets to achieve our goals, and tracking and forecasting deviations from plan.Key Responsibilities:Act as a primary business...

  • Senior Financial Specialist

    4 weeks ago

    Montreal, Quebec, Canada Intact Financial Corporation Full time

    About the RoleWe are seeking a highly skilled Senior Financial Specialist to join our IT Finance team. As a key member of our team, you will play a central role in coordinating the budgeting and forecasting process, advising on budgets to achieve our goals, and tracking and forecasting deviations from plan.Key Responsibilities:Act as a primary business...

  • Market Risk Model Validation Specialist

    4 weeks ago

    Montreal, Quebec, Canada National Bank Full time

    About the RoleWe are seeking a highly skilled Market Risk Model Validation Specialist to join our team at National Bank. As a key member of our risk management family, you will play a critical role in ensuring the accuracy and reliability of our market risk models.Key ResponsibilitiesValidate market risk models to ensure they accurately measure potential...

  • Market Risk Model Validation Specialist

    4 weeks ago

    Montreal, Quebec, Canada National Bank Full time

    About the RoleWe are seeking a highly skilled Market Risk Model Validation Specialist to join our team at National Bank. As a key member of our risk management family, you will play a critical role in ensuring the accuracy and reliability of our market risk models.Key ResponsibilitiesValidate market risk models to ensure they accurately measure potential...