Analyst (Hybrid)

National Bank; Richmond Hill; On-site; CAD 80,000 - 100,000; Full time

Job summary

A financial institution is seeking an Analyst Intern in Credit Risk Analytics. This full-time internship, based in Richmond Hill, offers hands-on experience in risk management, working on credit risk modeling and reporting. Candidates should be enrolled in a relevant degree program, with programming and analytical skills emphasized. The internship runs from September to December 2025, with multiple benefits included.

Benefits

Health and wellness programs

Flexible group insurance

Generous pension plan

Employee Share Ownership Plan

Employee and Family Assistance Program

Preferential banking services

Community involvement opportunities

Telemedicine and virtual sleep clinics

Qualifications

• Enrolled in relevant undergraduate or graduate program.
• Completion or progression in CFA, FRM, or SAS certification is a plus.
• Previous banking co-op experience is advantageous.

Responsibilities

• Contribute to risk analytics and reporting, including analysis results for management.
• Participate in credit risk model development and back testing.
• Support monthly risk production activities and quantify risk.

Skills

Programming skills (SAS, SQL, Python, R, Matlab, VBA)

Analytical skills

Business and technical writing

Attention to detail

Education

Undergraduate or graduate program in Finance, Financial Engineering, Economics, Statistics, Mathematics, Computer Science

Job description

Attendance Hybrid Job number 27392 Category: Professional Status: Internship Duration: 4 months Schedule: Full-Time Posting date: 09-Jul-2025 Area of interest: Risk management Location: Richmond Hill

As an Analyst (Intern) in the Credit Risk Analytics team at National Bank, you will develop valuable risk management skills by working on credit risk modeling and risk reporting in areas like IFRS-9, stress testing, and capital. You will collaborate closely with the team and perform various risk analysis tasks to support the Bank's risk function. With your programming, data analysis, problem-solving, and communication skills, you will gain hands-on experience and a deeper understanding of risk management. This full-time internship runs from September 2nd, 2025, to December 19th, 2025.

Your role:

• Contribute to risk analytics and reporting, including the preparation of analysis results and presentations for senior management.
• Participate in the development, implementation, and back testing of credit risk models, including Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD), and other models.
• Support the monthly and quarterly risk production activities, quantify risk and capital, and identify key risk drivers.
• Create and maintain documents for models and risk processes following internal and regulatory requirements.
• Complete risk-relevant tasks assigned by the supervisor and respond to questions and ad-hoc requests from senior management in a precise and efficient manner.

Your team

As part of the Credit Risk Analytics sector, you’ll be on a team of 22 colleagues and report to the Senior Manager. Our team excels in model development, implementation, and risk reporting in IFRS-9, stress testing, and capital areas. Some processes are part of the Bank’s month-end or quarter-end reporting to the public or regulators, so we may work under tight deadlines and pressure. We offer ongoing learning opportunities, including coaching, hands-on learning, and collaboration with colleagues with diverse expertise such as risk programming, data analytics, model development, and presentation to senior management.

Prerequisites:

• Enrolled in an undergraduate or graduate program in Finance, Financial Engineering, Economics, Statistics, Mathematics, Computer Science, or relevant fields.
• Completion or progression in CFA, FRM, and/or SAS certification is an asset.
• Previous work or co-op experience in banking is an asset.
• Solid programming skills (e.g., SAS, SQL, Python, R, Matlab, VBA).
• Strong analytical skills to identify causes of risk changes.
• Excellent business and technical writing skills.
• Attention to detail and critical thinking skills.
• Motivated to learn and professional drive.

Languages: English

Skills:

Artificial Intelligence, Diversity & Inclusion, Teamwork, Cybersecurity, Empathy, Initiative, Learning Agility, Resiliency

Benefits:

• Health and wellness programs
• Flexible group insurance
• Generous pension plan
• Employee Share Ownership Plan
• Employee and Family Assistance Program
• Preferential banking services
• Community involvement opportunities
• Telemedicine and virtual sleep clinics

We foster a positive employee experience with modern tools and a culture that values feedback and inclusivity. Our mission is to positively impact lives through partnership, agility, and empowerment. We are committed to accessibility and encourage candidates requiring accommodations to reach out during the recruitment process. We welcome all candidates!