Senior Derivatives Data Scientist - Risk Modeling & Margin

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

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.