Senior Analyst, Valuation & Stress Testing | Analyste principal(e), évaluation et tests de tension (

Canada Deposit Insurance Corporation; Toronto; Hybrid; CAD 80,000 - 100,000; Full time

Job summary

A leading organization is seeking a Senior Analyst for Valuation & Stress Testing. This role involves developing and maintaining critical models for risk assessment and financial stability. The candidate will leverage their expertise in financial modeling and collaborate with internal and external stakeholders. This full-time position offers a hybrid work model from either Ottawa or Toronto.

Qualifications

• Minimum 3-5 years of professional experience in relevant fields.
• Demonstrated ability to produce quantitative analysis using statistical software.

Responsibilities

• Build and maintain valuation models for member institutions.
• Provide modeling expertise to other core areas of CDIC.
• Act as a challenge function for valuations from third-party vendors.

Skills

Financial Modeling

Valuation

Time Series Econometrics

Financial Risk Analysis

Education

Graduate degree in relevant field

Tools

R

Python

SAS

MATLAB

Excel / VBA

Job description

We are an organization driven by purpose. We are dedicated to serving Canadians and strongly committed to protecting their hard-earned money when it matters most. We live our promises and commitments every day by serving Canadians as one, and we have their best interest at heart. We strive to build an inclusive, accepting culture with commitment, determination and a bias for action.

The right challenge is waiting for you! Discover how valuable your experience can be and join our team.

About the role

As a Senior Analyst, Valuation & Stress Testing (VST), you will be responsible for providing technical leadership toward the development, execution, and maintenance of CDIC’s suite of stress testing, valuation, and other affiliate models. These models are critical to support the Corporation’s member risk assessment and resolution planning and preparedness activities; specifically, they inform recommendations and decisions on loss minimization activities, provide estimates of liquidity and solvency runways, inform deposit growth forecast, and evaluate resolution strategies for their impact on financial stability and CDIC’s financial exposure.

The Senior Analyst, VST demonstrates professional experience and technical expertise in one or more of the following areas : financial modeling, asset valuation, time series econometrics, solvency / liquidity stress-testing, accounting, and / or financial risk analysis.

The Senior Analyst, VST actively participates in the modelling and analytical activities of the team. Further, they leverage their expertise and professional experience to contribute to the strategic direction of the VST team and to also serve as a technical mentor to colleagues within and outside the team. The Senior Analyst, VST acts as an ambassador and forges strong working relationships with both internal and external colleagues.

This role can be performed from our Ottawa or Toronto offices, following a hybrid model approach. This is a full-time permanent opportunity.

CORE RESPONSIBILITIES required for this role

• Build and maintain CDIC’s fundamental and relative valuation models to support CDIC’s role as the resolution authority.
• Build and maintain CDIC’s valuation models to help inform the value of member institutions in going and gone concern scenarios and act as a challenge function with respect to valuations estimates received from 3rd party vendors.
• Build and maintain CDIC’s top-down solvency stress-testing model capabilities, to provide on-demand estimates of the performance and capital adequacy of member institutions conditional on a particular macroeconomic stress scenario.
• Build and maintain CDIC’s liquidity stress-testing model to provide on-demand estimates of the survival horizon of member institutions, conditional on a particular idiosyncratic scenario.
• Build and maintain CDIC’s statistical loss model used to inform tail risk to the Corporation under simulated adverse conditions.
• Provide modelling and analytical expertise to other core areas of CDIC.

About you

You take pride in the work that you do and are passionate about making a difference and an impact. You face challenges head-on, are an excellent communicator and collaborator, and act with integrity.

• Demonstrated hands-on professional experience in one or more areas including financial modeling, valuation, time series econometrics, solvency and liquidity stress-testing, accounting, and / or financial risk analysis.
• Demonstrated ability to produce quantitative analysis using statistical software (e.g., R, Python, SAS, MATLAB, Excel / VBA, etc.).
• Ability to analyze and draw insights from multi-dimensional economic and financial data, often sourced via more than one supplier, and where data may vary in terms of completeness and quality between sources.
• Knowledge of banking, finance and financial economics.
• Ability to work under conditions of ambiguity, uncertainty and change.
• Excellent inter-personal skills as demonstrated by a collaborative working style with frequent interaction with internal and external stakeholders.
• High level of accountability and a high degree of operational independence.

SKILLS you bring

Graduate degree in a relevant field (e.g., economics, business administration, finance, accounting, mathematics, computer science). A professional designation (e.g., CFA, FRM, CPA, CBV, FMVA, etc.) would be considered an asset.

Minimum 3-5 years of professional experience in financial modeling, valuation, time series econometrics, stress-testing, accounting, and / or financial risk analysis.

An equivalent combination of education and experience may be considered.

Must have

Security Clearance : Eligibility to obtain a Secret-level security clearance

Equity, Diversity & Inclusion and Accommodation Request

CDIC is an inclusive, equitable and diverse workplace. We want to give all qualified applicants the chance to shine during the selection process. We believe that everyone should be treated equally and fairly, regardless of race, colour, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information. CDIC will strive to provide equal opportunity to all. If you need an accommodation to apply for a position or participate in an interview, please contact us at .

If you are passionate about serving Canadians and see yourself as our future Senior Analyst, Valuation & Stress Testing, please click the "apply now" button below.