Data Scientist, Credit Risk

Desjardins Group; Montreal (administrative region); Hybrid; CAD 100,000 - 125,000; Full time

Job summary

A leading financial institution in Montreal is seeking a Data Scientist specializing in credit risk management. You will be responsible for designing and developing mathematical models, analyzing risk, and leading projects. The ideal candidate holds a degree in mathematics or a related field, has at least four years of relevant experience, and is proficient in SAS, SQL, and Python. This role offers a competitive salary, flexible vacation, and comprehensive benefits.

Benefits

Competitive salary and annual bonus

4 weeks of flexible vacation

Defined benefit pension plan

Group insurance including telemedicine

Reimbursement of health and wellness expenses

Qualifications

• Bachelor’s degree in a quantitative field is required.
• 4+ years of relevant experience in credit risk management.
• Knowledge of IFRS 9 and Basel Accords is necessary.

Responsibilities

• Design and develop mathematical models for risk management.
• Lead projects focusing on credit risk models.
• Monitor industry trends to innovate best practices.

Skills

Mathematical modeling

Risk management

Data analysis

Communication

Interpersonal skills

Innovation

Education

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

Tools

SAS

SQL

Python

Job description

Overview

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. More specifically, you’ll work on mathematical models used to calculate regulatory capital and operational models for credit risk. More specifically, you will be required to:

• Design, use and develop mathematical models for risk management and diligently prepare associated documentation.
• Identify and define business needs while balancing these needs, risk management, requirements and best practices.
• Lead or contribute to projects, mandates or activities in your field of expertise.
• Serve as a specialist in your field of expertise for units in the organization and practitioners. Explain information in plain language that’s appropriate for the target audience to facilitate comprehension and, if applicable, decision making.
• Monitor the industry to understand and anticipate trends in your field of expertise to innovate and 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.

#LI-Hybrid

What you bring to the table

• Bachelor’s degree in mathematics, statistics, business intelligence, economics or finance
• A minimum of four years of relevant experience
• Please note that other combinations of qualifications and relevant experience may be considered
• CFA, FRM or PRM certification
• Knowledge of French is required
• Intermediate knowledge 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 IFRS 9 and the Basel Accords

Complexity, Innovation, Interpersonal Savvy

Trade Union (If applicable)

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!

Job Family Data (FG)

Unposting Date 2026-02-13