CAN - Risk Analyst II-TDJP00056055-

As a Risk Analyst, you will be a central figure in the model development lifecycle. This involves participating in the development, tuning, and documentation of new or amended models, including Borrower Risk Rating (BRR), Facility Risk Rating (FRR), and Expected Loss (EL) models. A significant part of the role will be conducting extensive Business Acceptance Testing and manipulating large datasets to ensure model integrity. You will also support the Annual Model Review and Validation processes, ensuring all documentation is accurate and complete. This role requires the ability to read and edit programming scripts, so a strong quantitative background is essential.


Advantages
This position offers a great deal of professional autonomy and flexibility. You will have the ability to arrange tasks based on your own schedule, provided you meet your deliverables. This is a chance to work with a prestigious financial institution and gain hands-on experience with cutting-edge risk methodologies. The role provides direct exposure to senior stakeholders, offering significant networking and career growth opportunities.

Responsibilities
Lead the development, tuning, and documentation of new or amended Borrower Risk Rating (BRR), Facility Risk Rating (FRR), and Expected Loss (EL) models.
Conduct extensive Business Acceptance Testing to ensure models meet design specifications.
Create and manipulate extensive data spreadsheets for model tuning, stress, and sensitivity testing.
Support the Annual Model Review and Model Validation schedules, including data and documentation preparation.
Engage with working groups of subject matter experts to ensure credit risk models are aligned with industry best practices and standards.
Review and understand the risk rating methodologies of public rating agencies (Moody's, S&P, Fitch, DBRS) to identify potential gaps with internal models.
Collaborate with Credit Risk Policy to ensure enterprise-wide model consistency.
Complete ad hoc analysis in a timely manner as requested.


Qualifications
A university degree in Finance, Economics, Statistics, or a related quantitative discipline.
3+ years of professional experience with SQL.
3+ years of experience with Python.
3+ years of experience with advanced Excel skills (VBA, macros).
Strong written and verbal communication skills.
A proactive, professional, and results-driven attitude.
Demonstrated ability to manage competing priorities and engage with stakeholders


Summary
The successful candidate will report to the Manager of Non-Retail Model Development and will be the key driver behind the development of Non-Retail Credit Risk Rating models. You will work within the Model Development department, a core part of Risk Management, responsible for a variety of methodologies including Market Risk, Credit Risk, and Operational Risk. This is a role for a self-starter who can manage competing priorities, engage with key stakeholders, and consistently deliver results. We are open to considering new graduates who have strong, relevant internship or co-op experience.


Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.