Advisor Market Risk Model Validation

1 week ago


Montreal, Canada National Bank Full time

A career as an Advisor in Market Risk Model Validation at National Bank means participating in transformation which has direct impact on clients. You will participate in validating and establishing the acceptability of models, quantifying potential losses as well as model limits. In addition, you will contribute in the model risk governance and management.

You will assist managers in projects requiring validation and governance of models and will act as an expert in your field and advise stakeholders on the related principles.
Your Job

Validate market risk models leading to analysis of risk measurement (VaR/sVaR) and profits and losses (P/L)
Produce detailed validation reports and make recommendations and suggestions to managers regarding the applications and limitations of the models.
Participate in the implementation and management of the dynamic model inventory.
Develop model risk measurement and quantification tools to support team activities and the risk management sector.
Establish potential model risks in accordance with specifications according to financial literature and theory.
You will be involved in various large-scale projects and complex mandates with a significant impact on the Bank's profitability.
You will make recommendations to ensure the efficiency of operations and the quality of information in terms of model risk management. To guide decisions of stakeholders, you will perform analyzes and assess the risk.
Your Team
You will report to Leader Market Risk Model Validation and Governance of the Market Risk Model Validation team. It is a medium-size and dynamic team made up of expert employees with a valuable experience. It’s a collaborative team that shares knowledge and supports each other. You will then benefit from this diversified and stable experience. The team reports to the Vice President - Capital Market and Treasury Risk Management of the large risk management family
Prerequisites

Completed master's degree, related to the sector of activity
Experience in risk management
Good knowledge of financial and derivative products
Knowledge of the Basel II Accord and up is an asset
Good skills in the quantitative field (numerical methods) and in programming (Matlab, Python, etc.)

Your benefits
In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family. Health and wellness program, including many options
Flexible group insurance
Generous pension plan
Employee Share Ownership Plan
Employee and Family Assistance Program
Preferential banking services
Opportunities to get involved in community initiatives
Telemedicine service
Virtual sleep clinic
These are a few of the benefits available to you. We have an offer that keeps up with trends as well as your needs and those of your family.
Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We actively listen to employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication is encouraged.
We're putting people first
We're a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on peoples' lives. Our core values of partnership, agility, and empowerment inspire us, and inclusivity is central to our commitments. We offer a barrier-free workplace that is accessible to all employees.
We want our recruitment process to be fully accessible. If you require accommodation, feel free to let us know during your first conversations with us. We welcome all candidates What can you bring to our team?
Come live your ambitions with us



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