Credit Risk Analytics Intern: Modeling & Reporting

Banque Nationale du Canada; Richmond Hill; On-site; CAD 28,000 - 36,000; Full time

Benefits offered by this job

Health and wellness program

Group insurance

Employee and Family Assistance Program

Preferential banking services

Community involvement

Virtual sleep clinic

Job summary

Banque Nationale du Canada, through its National Bank Credit Risk Analytics team, offers a full-time Analyst (Intern) internship. You will develop risk management skills by working on credit risk modeling and risk reporting in IFRS-9, stress testing, and capital, collaborating with the team on analyses and communications.

You’ll contribute to risk analytics and reporting, support model development and back testing for PD, LGD, EAD, and other models, and help with monthly and quarterly risk

Qualifications

• Undergraduate or graduate program in Finance, Financial Engineering, Statistics, Economics, Mathematics, Computer Science or related fields.
• Completion or progression in CFA, FRM and/or SAS certification would be an asset.
• Previous work/co-op experience in banks would be an asset.
• Outstanding analytical skills to identify the causes of risk changes.
• Business and/or technical writing with clear and concise written communication skills.
• Strong attention to details and exceptional critical thinking skill.
• Strong desire to learn along with professional drive.

Responsibilities

• 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 the internal and regulatory requirements.
• Complete risk-relevant tasks assigned by the supervisor and respond to questions and ad-hoc requests from the senior management in a precise and efficient manner.

Skills

Analytical skills

Communication

Detail-oriented

Problem solving

Education

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

Tools

SAS

Job description

Banque Nationale du Canada, through its National Bank Credit Risk Analytics team, offers a full-time Analyst (Intern) internship. You will develop risk management skills by working on credit risk modeling and risk reporting in IFRS-9, stress testing, and capital, collaborating with the team on analyses and communications.

You’ll contribute to risk analytics and reporting, support model development and back testing for PD, LGD, EAD, and other models, and help with monthly and quarterly risk