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Senior Data Scientist

Apply now Job ID 21566688784 Date posted 01/10/2022

Primary Locations: Montreal, Quebec

Employee Status: Regular

Schedule: Full-time


  • Do you have experience in credit risk modelling and sound knowledge of IFRS9 allowances and credit Stress Testing frameworks?
  • Are you interested in analyzing macroeconomic scenarios and their impact on IFRS9 allowances and capital?
  • Do you have excellent communication skills? Are you known for your analytical mind and ability to clearly explain complex or abstract concepts to an executive audience?

Come join the IFRS9 Models and Wholesale Stress Testing team as an expert in modelling, analysis and reporting for the IFRS9 provision. You will get to help improve the Bank’s risk management and resilience while working in a dynamic and friendly environment. 

Want to find out more?
Your main responsibilities:

  • Act as a quantitative expert on IFRS9 and Stress Testing related models and processes with colleagues, partners, internal and external committees, and the regulator.
  • Develop/update IFRS9 and Stress Testing models for Personal and Commercial Banking in line with industry best practices and regulatory requirements. 
  • Actively participate to annual Stress Testing (EWST, MST, IFRS9 simulations) by collaborating with all stakeholders: Credit Risk Management, Capital Management, Finances, Economics and Strategy groups.
  • Lead the deployment of IFRS9 and Stress Testing models and manage ecosystem dependencies and impacts.
  • Lead production, analysis and reporting for the IFRS9 provision as well as IFRS9 models’ performance assessment in executive committees or any other regulatory or governance body.
  • Help business partners understand provision calculation et Stress Testing applications.
  • Defend the methodologies developed in internal committees and ensure that they meet regulatory requirements.
  • Assist the manager in implementing the strategic vision with respect to IFRS9 allowances and Stress Testing models.

  • Bachelor’s degree in financial engineering, economics, statistics, mathematics, econometrics or another related field and 5 years of relevant experience or master's degree and 3 years of relevant experience.
  • Proven experience and expertise in credit risk modelling.
  • Knowledge of allowance calculation models under IFRS 9.
  • Knowledge of programming in SAS or SQL and of the Bank's Credit Risk data environments.
  • CFA, FRM or PRM certification, an asset.
  • High level of autonomy, sense of initiative, attention to detail, leadership skills.
  • Superior ability to learn and adapt. 
  • Ability to work under pressure and meet tight deadlines.
  • Very good communication skills and the ability to explain in non-technical language.
  • Bilingualism, both spoken and written (English and French).

Interested in the position? Apply now!

Your benefits
Upon hiring, you will be eligible for a wide range of benefits. In addition to competitive compensation, we offer attractive benefits for you and your family:

  • Health and wellness program, including many benefits
  • Flexible group insurance
  • Defined benefit pension plan
  • Employee Share Ownership Plan
  • Employee and family assistance program
  • Preferred banking services
  • Volunteer program
  • Telemedicine
  • Virtual sleep clinic

These are just a few of the many benefits we offer. We've rolled out a number of additional measures to ensure your health, safety and wellbeing during the pandemic. 

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 accommodations, feel free to let us know during your first conversations with us.
We welcome all candidates! What can you bring to our team?

Ready to live your ambitions?

JobField: Risk Management

Unposting Date: 2022-01-23

Job Number: BUS000MH

Posting Date: 2022-01-10

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