Data Scientist

National Bank of Canada; Montreal (administrative region); Hybrid; CAD 85,000 - 115,000; Full time

Benefits offered by this job

Health and wellness program

Flexible group insurance

Generous pension plan

Employee Share Ownership Plan

Telemedicine service

Job summary

A leading financial institution in Montreal seeks a Data Scientist within its Credit Risk Models team to assess credit risk for both Retail and Commercial clients. The role involves developing regulatory models and performing quantitative analyses, requiring a Master’s degree and 5 to 8 years of relevant experience in the field. Benefits include a health and wellness program, flexible insurance, and a generous pension plan, allowing for a diverse and inclusive work culture.

Qualifications

• 5 to 8 years of relevant experience in quantitative analysis, modeling, or credit risk.
• Experience in credit risk modeling within a banking or financial environment.
• Hands-on experience with regulatory frameworks like IFRS 9 or Basel Accords.

Responsibilities

• Develop regulatory PD, LGD, and EAD models.
• Perform quantitative analyses of credit portfolios.
• Monitor model performance using statistical measures.

Skills

Quantitative analysis

Modeling

Programming with SQL and SAS

Strong written communication

Education

Master’s degree in a quantitative field

Tools

IFRS 9

Basel Accords

Job description

A career as a Data Scientist within the Credit Risk Models team at National Bank means putting your modeling expertise to work in assessing credit risk for both Retail and Commercial clients. You develop and deploy models based on rigorous statistical and financial analyses applied to large datasets. You also contribute to monitoring model performance to ensure their reliability and relevance over time. Your autonomy, rigor, and proactive mindset will allow you to stand out.

Your role

• Develop regulatory PD, LGD, and EAD models using a rigorous and well-documented approach
• Perform quantitative analyses of Retail and Commercial credit portfolios
• Explain and defend developed models to internal stakeholders and regulatory authorities
• Actively collaborate with IT partners and business lines to ensure proper understanding and implementation of the models
• Monitor model performance using recognized statistical measures (backtesting)

Your team

Within the Credit Analytics and Climate Risk sector, you will be part of a vice‑presidency of approximately one hundred colleagues and a team of four expert peers. You report to the Director – Analytics – Credit Risk Models.

Our team stands out for its diverse expertise in credit risk and quantitative methods. You will benefit from a flexible and hybrid work environment.

Your profile

• Master’s degree in a quantitative field (mathematics, statistics, econometrics, financial engineering, or equivalent)
• 5 to 8 years of relevant experience in quantitative analysis, modeling, or credit risk
• Experience in credit risk modeling within a banking or financial environment
• Hands‑on experience with at least one of the following frameworks: IFRS 9 or Basel Accords
• Strong programming and data manipulation skills using SQL and SAS
• Strong written communication skills (technical documentation, PowerPoint presentations)

Your benefits

• Health and wellness program, including many options
• Flexible group insurance
• Generous pension plan
• Employee Share Ownership Plan
• Employee and Family Assistance Program
• Preferential banking services
• Opportunities to get involved in community initiatives
• Telemedicine serviceVirtual sleep clinic

These are a few of the benefits available to you. We have an offer that keeps up with trends as well as your needs and those of your family.

Our dynamic work environments and cutting‑edge collaboration tools foster a positive employee experience. We actively listen to employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication is encouraged.

We're putting people first

We're a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on peoples' lives. Our core values of partnership, agility, and empowerment inspire us, and inclusivity is central to our commitments. We offer a barrier‑free workplace that is accessible to all employees.

We want our recruitment process to be fully accessible. If you require accommodation, feel free to let us know during your first conversations with us. We welcome all candidates! What can you bring to our team?

Come live your ambitions with us!

Additional required languages: English, French