Data Scientist, Market Risk Models

Desjardins; Montreal West; Presencial; CAD 65.000 - 90.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

4 weeks vacation

Defined benefit pension plan

Group insurance including telemedicine

Reimbursement of health and wellness

Descripción de la vacante

Desjardins is seeking a junior data scientist to support the Capital Markets Data Valorization Team in designing market risk models for derivatives and stress testing. You will draft documentation, review model inputs with stakeholders and help implement new risk system features.

Fluency in French and strong English skills are required plus advanced Excel proficiency. This 12-month position offers a competitive salary with an annual bonus, plus benefits and a defined pension plan.

Formación

• Bachelor’s degree in finance, financial engineering or related field.
• Experience with market risk models and risk metrics is preferred.
• French language required; English proficiency is essential.

Responsabilidades

• Help draft and update methodological documentation for derivatives and market risk models.
• Help update and document quantification methodologies for risk metrics (VaR, stress tests) and regulatory frameworks (FRTB, SIMM, ICAAP).
• Review model inputs and components in collaboration with stakeholders.
• Assist in implementing new products in risk systems (Murex, MSCI RiskMetrics, FIS Adaptiv).
• Participate in workshops to formalize model needs and support their implementation.
• Contribute to development of risk modelling practices through analysis and exploratory work.

Conocimientos

Advanced Excel

English proficiency

French language

Educación

Bachelor’s degree in finance, financial engineering or related field

Descripción del empleo

Required The Capital Markets Data Valorization Team is looking for a junior data scientist to join the dynamic market risk model design team, which works closely with the middle office and data validation team. You will help implement and document the methodology for models related to derivatives, market risk metrics (VaR, stress tests) and regulatory frameworks (FRTB, SIMM, ICAAP). The position requires a solid technical foundation, strong learning, collaboration and communication skills, and an analytical mindset so you can effectively support the team’s work and participate in ongoing initiatives. More specifically, you will be required to :

• Help draft and update methodological documentation for derivatives and market risk models.
• Help update and document quantification methodologies for risk metrics (VaR, stress tests) and regulatory frameworks (FRTB, SIMM, ICAAP), according to the established standards.
• Help review model inputs and components, in collaboration with stakeholders.
• Help implement new products in risk systems (Murex, MSCI RiskMetrics, FIS Adaptiv).
• Participate in workshops to formalize model needs and support their implementation.
• Contribute to the development of risk modelling practices through analysis, proposals and exploratory work.

Temporary 12 months position.

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
• Benefits apply based on eligibility criteria.

What You Bring To The Table

• Bachelor’s degree in finance, financial engineering or a related field
• A minimum of four years of relevant experience in a market risk management or financial market environment
• Please note that other combinations of qualifications and relevant experience may be considered
• Experience working with a middle office, modelling team or model validation team
• 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
• Advanced Excel skills

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)

Unposting Date

2026-11-4