Credit Risk Modelling Data Scientist

Desjardins Group; Montreal (administrative region); On-site; CAD 110,000 - 150,000; Full time

Benefits offered by this job

Competitive compensation + annualbonus

4 weeks flexible vacation

Defined benefit pension plan

Group insurance with telemedicine

Health/wellness expense reimbursement

Job summary

Desjardins Group in Montreal seeks an experienced Credit Risk Modelling Data Scientist to design, monitor and enhance our credit risk models. You lead projects, quantify risk and communicate insights to stakeholders using SAS, SQL and Python, with Basel and IFRS standards knowledge.

Knowledge of French is required and English proficiency is expected for interactions with partners, members, and clients. The role offers a competitive salary, annual bonus, pension plan and telework support.

Qualifications

• Bachelor's degree in math, statistics, economics, finance or a related field
• A minimum of six years of relevant experience
• Experience in credit risk management and quantification
• Knowledge of French is required
• Intermediate advanced proficiency of English due to the nature of the duties or work tools or because the position involves interactions with English-speaking partners, members and/or clients
• Proficiency with SAS, SQL and Python programming tools
• Knowledge of Basel standards
• Knowledge of IFRS standards

Responsibilities

• Design, use and improve mathematical models for risk management and prepare associated documentation diligently
• Ensure alignment and balance between business needs, risk management, and compliance with requirements and best practices
• Lead or contribute to projects, initiatives or activities in your field of expertise
• Serve as a specialist in your field of expertise for units in the organization and practitioners.
• Adapt information for different target audiences to make it easier to understand and, where applicable, support decision-making
• Monitor the industry to understand and anticipate trends in your field of expertise to develop and update relevant best practices for the organization.

Skills

Credit risk modelling

French language

English proficiency

SAS

SQL

Python

Basel standards knowledge

IFRS standards knowledge

Communication with stakeholders

Interpersonal skills

Education

Bachelor's degree in math, statistics, economics, finance or related field

Tools

SAS

SQL

Python

Job description

The Data Valorization Department develops, monitors and maintains our credit risk models so that we can offer innovative financing products to our members and clients while ensuring Desjardins's long-term viability. As an experienced Credit Risk Modelling Data Scientist, you help meet the organization’s needs for risk quantification and credit decision-making, as well as the development and maintenance of models and the understanding of member and client behaviours and credit habits. You lead practitioners on projects that develop and use credit models for the institution's business activities. Your initiatives require extensive, in-depth knowledge of credit risk, current standards and regulations, and advanced statistical knowledge. You serve as a data use specialist advisor and subject matter expert for practitioners, as well as a resource person and coach for the team. You interact with a wide range of individuals working in related areas of expertise to understand and communicate issues and influence decision-making.

• Design, use and improve mathematical models for risk management and prepare associated documentation diligently
• Ensure alignment and balance between business needs, risk management, and compliance with requirements and best practices
• Lead or contribute to projects, initiatives or activities in your field of expertise
• Serve as a specialist in your field of expertise for units in the organization and practitioners.
• Adapt information for different target audiences to make it easier to understand and, where applicable, support decision-making
• Monitor the industry to understand and anticipate trends in your field of expertise to develop and update relevant best practices for the organization.

What we offer

• Competitive salary and annual bonus
• 4 weeks of flexible vacation starting in the first year
• Defined benefit pension plan that provides predictable, stable income throughout retirement
• Group insurance including telemedicine
• Reimbursement of health and wellness expenses and telework equipment
• Benefits apply based on eligibility criteria.

What you bring to the table

• Bachelor's degree in math, statistics, economics, finance or a related field
• A minimum of six years of relevant experience
• Experience in credit risk management and quantification
• Knowledge of French is required
• Intermediate advanced proficiency of English due to the nature of the duties or work tools or because the position involves interactions with English-speaking partners, members and/or clients
• Proficiency with SAS, SQL and Python programming tools
• Knowledge of Basel standards
• Knowledge of IFRS standards

Action oriented, Complexity, Customer Focus, Differences, Innovation, Interpersonal Savvy, Nimble learning Equity, Diversity, Inclusion and Accessibility

At Desjardins, we believe in equity, diversity and inclusion. We're committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should reflect the diversity of the members, clients and communities we serve. If there's something we can do to help make the recruitment process or the job you're applying for more accessible, let us know. We can provide accommodations at any stage in the recruitment process. Just ask!

Trade Union (If applicable)

Unposting Date 2026-11-2

Desjardins Group is the largest cooperative financial group in North America. We're the choice for over 52,000 employees and we're named one of Canada's top employers by Mediacorp and Forbes. We offer a full range of financial products and services and share our expertise in personal services, business services, wealth management, life and health insurance, and property and casualty insurance. Pursuing a career at Desjardins means being part of an organization that puts people first.