Analyst, Credit Risk Quantification - IFRS9 Provisioning

Laurentian Bank; Montreal (administrative region); On-site; CAD 80,000 - 110,000; Full time

Job summary

Laurentian Bank is seeking a Senior Analyst in Montreal for a 12‑month temporary role focused on IFRS 9 provision calculations and the deployment of monitoring tools. The incumbent will contribute to reports and analytics to assess credit risk, while collaborating with internal clients and stakeholders within the bank’s risk management framework.

The role requires a university degree in a relevant field, 3–5 years of SAS risk management experience, and strong SQL skills.

Qualifications

• MUST have 3–5 years of relevant experience with SAS modules in risk management.
• Strong knowledge of SAS tools (EG, EM) and SQL for data extraction and modeling.
• Ability to interpret data, explain variances, and assess implications for decisions.
• Bilingual in French and English; strong written and oral communication in both languages.

Responsibilities

• Participate in provision calculations, interpret data, explain variances, and assess implications.
• Advise and support internal clients within their area of expertise.
• Maintain effective communication with stakeholders involved in the section’s activities.
• Develop and deploy dashboards to monitor credit portfolio performance.
• Analyze credit portfolio indicators and identify loss trends for improvements.

Skills

SAS (risk management)

SQL

SAS EG/EM

Data analysis

Stakeholder communication

Problem solving

Education

University degree in data science / analytics / finance / related field

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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