Analyst, Credit Risk Quantification - IFRS9 Provisioning

Laurentian Bank; Montreal (administrative region); On-site; CAD 75,000 - 115,000; Full time

Job summary

Laurentian Bank in Montreal seeks a Senior Analyst to contribute to IFRS 9 provision calculations and the deployment of analytical tools for monitoring credit risk. The role involves analyzing data, explaining variances, and supporting internal clients across the bank’s risk framework.

The incumbent will develop dashboards, monitor portfolio performance, and study risk indicators to propose improvements to strategies and processes within a 12‑month, temporary assignment.

Qualifications

• University degree in data science and business analytics, mathematics, physics, statistics, actuarial science, engineering, econometrics, finance, or related field.
• 3–5 years of experience with SAS modules in risk management.

Responsibilities

• Participate in production of IFRS 9 provision calculations, interpret data, explain variances, and assess implications.
• Advise and support internal clients within area of expertise.
• Maintain effective communication with stakeholders.
• Develop and deploy dashboards to monitor credit portfolio performance.
• Analyze credit portfolio indicators and identify loss trends; propose improvements.

Skills

Analytical mindset

Communication skills

Problem solving

Team collaboration

Bilingual French-English

Education

University degree in data science / analytics / finance

Tools

SQL

SAS EG/EM

Risk management tools

Job description

Founded in Montreal in 1846, Laurentian Bank is committed to serving its customers and fostering deep relationships with specialized groups. Laurentian Bank runs operations across Canada - primarily in Québec and Ontario - as well as in the United States and competes where it sees market opportunity and has an edge, while harnessing the power of partnerships and collaboration.

This role sits within Laurentian Bank.

Temporary position of 12 months.

The incumbent acts as a Senior Analyst in activities related to the calculation of the IFRS 9 provision. He/she contributes to the deployment and maintenance of tools used for calculating the IFRS 9 provision.

He/she also participate in the design and implementation of reports to improve monitoring and analysis of risks related to the IFRS 9 provision.

Responsibilities

• Participate in the production of provision calculations, interpret data, explain variances, and assess implications.
• Advise and support internal clients within their area of expertise.
• Maintain effective communication with various stakeholders involved in the section's activities.
• Stay up to date with current legislation, Bank policies, programs, and procedures.
• Perform any other related or general tasks requested by their supervisor or required by the role.
• Ensure the development and contribute to the deployment of dashboards to monitor the performance of the Bank's credit portfolios.
• Analyze performance indicators of the Bank's credit portfolio.
• Identify undesirable loss trends and propose necessary changes or improvements to strategies and operational models.
• Produce analyses, interpret data, explain variances, and assess implications for the Bank's results.
• Develop analytical or segmentation projects that study credit risk behavior of client and product cohorts, trends, and business market requirements.

Qualifications

• University degree in data science and business analytics, mathematics, physics, statistics, actuarial science, engineering, econometrics, finance, or any related field.
• Minimum of 3 to 5 years of relevant experience withSAS modulesin risk management.

Specific qualifications

• Advanced knowledge of database management usingSQLand statistical tools such asSAS (EG and EM).
• Ability to influence and innovate in proposed solutions.
• Ability to simplify and communicate complex ideas.
• Knowledge of the banking industry, credit products in Canada, and credit risk management tools.
• Strong analytical mindset and problem-solving orientation.
• Attention to detail and thoroughness.
• Bilingual* (French and English).
• Team-oriented and collaborative.

*Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

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