Quantitative Risk Model Specialist

1 week ago


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

The Risk Management Department plays a vital role in Societe Generale's growth by providing expertise, risk understanding, and management techniques. Its mission is to analyze, assess, manage, and monitor risk-taking activities to achieve the best possible outcome for the bank.

Job Description

We are seeking a Quantitative Risk Model Specialist to join our team within the Risk Management function in SG CIB. In this role, you will oversee model risk management, ensuring that models are sound, effective, and comply with regulatory requirements. Your responsibilities will include:

  • Designing and maintaining a model risk management system that ensures consistency, integrity, and compliance with regulatory provisions.
  • Managing the model approval process and monitoring models' performance.

You will work closely with cross-functional teams, including model validators, developers, business stakeholders, IT, auditors, and support functions. The ideal candidate will have experience working with large datasets, quantitative analysis, and strong programming skills in Python, R, or similar.

Key Requirements
  • Bachelor's degree in a quantitative field (Master's or PhD preferred).
  • Minimum 3 years of experience in model development, validation, or a front-office quant role (fewer years accepted with a PhD).
  • Strong technical proficiency in statistics, econometrics, and machine learning.
  • Experience working with large datasets and quantitative analysis.
  • Excellent written and verbal communication skills for working with both technical and non-technical staff.
  • Familiarity with model risk management practices and regulatory requirements.
Estimated Salary: $120,000 - $180,000 per year

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