Sr. Analyst, Optimization and Simulation

Fairstone; Toronto; On-site; CAD 75,000 - 95,000; Full time

Job summary

A leading financial services provider in Toronto is seeking an experienced Optimization Analyst to design and develop optimization models to support strategic decision-making. The ideal candidate will have a background in Operations Research or a related field and over 3 years of experience in optimization modeling and advanced analytics. This full-time, permanent role offers opportunities for professional growth and collaboration across business units.

Qualifications

• 3+ years of experience in optimization modeling or simulation analysis.
• Strong understanding of optimization techniques.
• Excellent communication skills for conveying technical concepts.

Responsibilities

• Design and implement optimization models for strategic decisions.
• Collaborate with teams for process improvement.
• Present findings to senior leadership.

Skills

Optimization modeling

Simulation analysis

Advanced analytics

Python

R

MATLAB

Data visualization

SQL

Education

Bachelor’s or Master’s degree in Operations Research or related field

Tools

Power BI

Tableau

AWS

Azure

Job description

Key Responsibilities

• Design, develop, and implement optimization models to support strategic decision-making across business units.
• Build and maintain simulation models (e.g., discrete-event, Monte Carlo) to evaluate system performance under various scenarios.
• Collaborate with cross-functional teams to identify opportunities for process improvement and cost reduction.
• Translate business requirements into analytical frameworks and actionable insights.
• Conduct scenario analysis andsensitivity testing to assess the impact of changes in key variables.
• Present findings and recommendations to senior leadership in a clear and compelling manner.
• Stay current with industry trends, tools, and methodologies in optimization and simulation.

Required Qualifications

• Bachelor’s or Master’s degree in Operations Research, Industrial Engineering, Applied Mathematics, Data Science, or a related field.
• 3+ years of experience in optimization modeling, simulation analysis, or advanced analytics.
• Proficiency in tools such as Python, R, MATLAB, AnyLogic, Arena, Gurobi, CPLEX, or similar.
• Strong understanding of linear programming, mixed-integer programming, stochastic modeling, and other optimization techniques.
• Experience with data visualization tools (e.g., Power BI, Tableau) and SQL for data extraction and manipulation.
• Excellent communication skills and ability to convey complex technical concepts to non-technical stakeholders.
• Familiarity with cloud platforms (e.g., AWS, Azure)
• Knowledge of machine learning techniques and their integration with simulation models.
• Knowledge of Digital Twin technologies.

This role is now vacant

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If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.

Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.

Time Type: Full-time; Job Type: Permanent