Data Scientist, Credit Risk Quantification

Relevance; Montreal; Hybrid; CAD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive salary

Annual bonus

4 weeks vacation

Defined benefit pension

Group insurance & telemedicine

Job summary

Desjardins invites applications for a 12-month temporary Data Scientist, Credit Risk Quantification, within the Data Valorization Department. You will quantify risks, develop and maintain models, and guide teams on credit decision- making.

You will lead projects and act as a SME for stakeholders across the bank. The role requires a math/ statistics background, four years of experience in credit risk, fluency in French and strong English; SAS/SQL/Python skills and Basel/IFRS knowledge are

Qualifications

• Bachelor's degree in math, statistics, economics, finance or related field
• Minimum of four years of relevant experience
• Credit risk management and quantification experience
• Knowledge of French is required
• English proficiency required due to duties/tools and interactions
• Proficiency with SAS, SQL and Python programming tools
• Knowledge of Basel standards and IFRS standards

Responsibilities

• Design, use and develop mathematical models for risk management and document proceedings
• Balance business needs, risk management, requirements and best practices
• Lead or contribute to projects in your field of expertise
• Serve as SME to support units and stakeholders, explaining concepts clearly
• Monitor industry trends to update best practices for the organization

Skills

Credit risk

Quantification

Python

SAS

SQL

English

French

Mathematics

IFRS knowledge

Education

Bachelor's degree

Tools

SAS

SQL

Python

Job description

Temporary position for 12 months.

The Data Valorization Department is responsible for developing, monitoring and maintaining 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 a Data Scientist, Credit Risk Quantification, you help quantify risks and make credit decisions, develop and maintain models, and understand member and client behaviours and credit habits. You lead practitioners on projects that develop and use credit models for the institution’s business activities. You serve as a specialist advisor, resource person and coach for the team and business partners. More specifically, you will be required to:

• Design, use and develop mathematical models for risk management and diligently prepare associated documentation
• Balance business needs, risk management, requirements and best practices
• Lead or contribute to projects, mandates or activities in your field of expertise
• Serve as a subject‑matter expert to support various units and stakeholders across the organization. Explain information in plain language and based on the target audience in order to facilitate comprehension and, if applicable, 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.

#LI-Hybrid

What you bring to the table

• Bachelor’s degree in math, statistics, economics, finance or a related field
• A minimum of four years of relevant experience
• Please note that other combinations of qualifications and relevant experience may be considered
• 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!

Job Family

Data (FG)