Data Scientist, Credit Risk

Desjardins Group; Montreal; On-site; CAD 80,000 - 110,000; Full time

Job summary

A leading financial institution is seeking a Data Scientist specialized in Credit Risk for a 12-month temporary position. The role involves designing and applying mathematical models for credit risk management, ensuring compliance with regulatory standards. Candidates should possess a Bachelor's degree in a relevant field, with at least four years of experience, and proficiency in SAS, SQL, and Python. The position offers a competitive salary, annual bonus, and comprehensive benefits, including flexible vacation and a pension plan.

Benefits

Competitive salary and annual bonus

Four weeks of flexible vacation starting in the first year

Defined benefit pension plan

Group insurance including telemedicine

Reimbursement for health and wellness expenses

Qualifications

• At least four years of relevant experience.
• CFA, FRM, or PRM certification is a plus.
• Knowledge of French is required.

Responsibilities

• Design and develop mathematical models for risk management.
• Identify and define business needs while balancing risk management.
• Monitor industry trends to innovate and update best practices.

Skills

Mathematics

Statistics

Business Intelligence

Economics

Finance

Interpersonal Savvy

Education

Bachelor’s degree in mathematics, statistics, business intelligence, economics, or finance

Tools

SAS

SQL

Python

Job description

Temporary position for 12 months

As a Data Scientist, Credit Risk, you assist with credit risk management analysis, disclosure, research, and development. You design, apply, and update mathematical models to maintain consistency and balance business needs, risk management, requirements, and best practices. Specifically, you will work on mathematical models used to calculate regulatory capital and operational models for credit risk. Your responsibilities include:

1. Designing, using, and developing mathematical models for risk management, along with preparing associated documentation.
2. Identifying and defining business needs while balancing these needs with risk management, requirements, and best practices.
3. Leading or contributing to projects, mandates, or activities within your area of expertise.
4. Serving as a specialist in your field, explaining complex information in plain language suitable for the target audience to facilitate understanding and decision-making.
5. Monitoring industry trends to anticipate developments, innovate, and update best practices for the organization.

What we offer

• Competitive salary and annual bonus
• Four weeks of flexible vacation starting in the first year
• Defined benefit pension plan providing predictable, stable income throughout retirement
• Group insurance including telemedicine
• Reimbursement for health and wellness expenses and telework equipment

*Benefits are subject to eligibility criteria.

What you bring to the table

• Bachelor’s degree in mathematics, statistics, business intelligence, economics, or finance
• At least four years of relevant experience (other qualifications and experience may be considered)
• CFA, FRM, or PRM certification
• Knowledge of French is required
• Intermediate English skills due to job requirements or interactions with English-speaking partners, members, or clients
• Proficiency with SAS, SQL, and Python programming tools
• Knowledge of IFRS 9 and Basel Accords

Complexity, Innovation, Interpersonal Savvy

#LI-Hybrid

Trade Union (If applicable)

At Desjardins, we value equity, diversity, and inclusion. We are committed to creating a welcoming, respectful environment that values individuals' differences and provides a positive workplace for all. We have zero tolerance for discrimination of any kind. Our teams should reflect the diversity of the members, clients, and communities we serve.

If you require accommodations during the recruitment process or for the job itself, please let us know. We are happy to provide support at any stage.

Job Family

Data (FG)

Unposting Date

2025-06-03