Quantitative Risk Management Specialist

2 months 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 the Societe Generale group by providing expertise, risk understanding, and risk management techniques. The department's 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, embedded within the Risk Management function in SG CIB, oversees model risk management. MRM is responsible for the second line of defense for model risk and supervises the model risk management function for the SG America regions (US, Canada, and Latin America).

In this role, you 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.

Key Responsibilities
  • Design and implement metrics to monitor model performance
  • Maintain data quality and consistency across different systems
  • Identify and assess model risk
  • Collaborate with front-office staff and model developers to review metrics and contribute to remediation efforts
Requirements
  • Bachelor's degree in a quantitative field (Master's preferred)
  • Minimum 2 years of experience in model development, validation, or a front-office quant role
  • Strong analytical skills and programming skills in Python and SQL
  • Familiarity with model risk management practices and US regulatory requirements is a plus
Language

English and French

Ability to communicate in English, both orally and in writing, is a requirement.



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