Data Scientist, Data valorization

Desjardins Group; Montreal; Hybrid; CAD 100,000 - 125,000; Full time

Job summary

A financial services institution in Montreal is seeking a senior data scientist to join their Capital Markets Data Valorization Team. In this role, you will model derivatives, implement new derivatives in risk systems, and ensure effective collaboration across teams. Applicants should hold a degree in finance or a related field and possess at least eight years of relevant experience, with proficiency in French and English essential for the position. Competitive salary, flexible vacation, and a pension plan are offered.

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

• A minimum of eight years of relevant experience.
• Experience working in a middle office.
• Experience modelling and valuing derivatives.
• Knowledge of French is required.
• Advanced proficiency in English due to interactions with English-speaking partners.

Responsibilities

• Help model derivatives and create related methodology documentation.
• Help implement new derivatives in risk systems.
• Develop comprehensive documentation to calculate initial margin.
• Foster collaboration between teams.
• Propose innovative solutions and influence strategic directions.

Skills

Communication skills

Collaboration

Problem-solving

Influence

Interpersonal savvy

Education

Bachelor's degree in finance or related field

Tools

Murex

Python

VBA

SQL

Excel

Job description

The Capital Markets Data Valorization Team is looking for a senior data scientist to join a dynamic matrix team and work with the middle office and the data modelling and analytics team. You will play a key role in implementing and documenting the methodology for derivatives models and calculating initial margin, and you will coordinate with several stakeholders to ensure strategic alignment. This position requires advanced technical expertise and a strong ability to collaborate, influence and communicate effectively in a complex environment. Your leadership, problem‐solving skills and ability to build trust will be essential for delivering strategic projects.

Responsibilities

• Help model derivatives and create and update related methodology documentation.
• Help implement new derivatives in risk systems (VaR, stress testing, etc.).
• Develop comprehensive documentation to calculate the initial margin, ensuring that approaches are clear and consistent.
• Help analyze and review inputs and aspects of the initial margin model and foster collaboration between teams.
• Help define and implement a robust methodological structure with the senior analyst. Host workshops and facilitate communication between the middle office, modelling teams and other stakeholders to ensure a common understanding of issues.
• Propose innovative solutions and influence strategic directions related to modelling and risk management.

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 finance or a related field
• A minimum of eight years of relevant experience
• Please note that other combinations of qualifications and relevant experience may be considered
• Experience working in a middle office
• Experience modelling and valuing derivatives
• Knowledge of French is required
• 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 Excel skills
• Knowledge of Murex
• Knowledge of Python, VBA and/or SQL languages

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

2026-01-4