Counterparty Risk Quant & Derivatives Modeler

Bank of Montreal; Toronto; On-site; CAD 120,000; Full time

Job summary

A major financial institution in Toronto seeks a Quantitative Analyst to develop models for counterparty credit risk trading. The ideal candidate will have a graduate degree in a technical field, programming skills in languages such as C# or Python, and a solid understanding of quantitative finance. The base salary for this full-time position is $120,000 CAD, along with a competitive benefits package.

Benefits

Health insurance

Tuition reimbursement

Retirement savings plans

Performance-based incentives

Qualifications

• Graduated in physics, mathematics, statistics, engineering, or computer science.
• Prior experience with credit risk models is a plus.

Responsibilities

• Develop new mathematical models for pricing and risk management.
• Maintain existing models in the analytics library.
• Engage in discussions with traders and management on pricing and risk.

Skills

Quantitative finance models knowledge

Programming in C#, C, or Python

Excel scripting and spreadsheet design

Excellent communication skills

Education

University graduate degree in technical field

Job description

A major financial institution in Toronto seeks a Quantitative Analyst to develop models for counterparty credit risk trading. The ideal candidate will have a graduate degree in a technical field, programming skills in languages such as C# or Python, and a solid understanding of quantitative finance. The base salary for this full-time position is $120,000 CAD, along with a competitive benefits package.