Quantitative Analyst – Investment Bank

Job Number : J0424-0185 Job Type : Full Time Job Category : Information Technology Location : Montreal, Quebec Salary : Open

Quantitative Analyst Investment Bank

This is a French international banking group and the world's largest cooperative financial institution.

Nearly 8,600 employees across Europe, the Americas, Asia-Pacific, the Middle East and North Africa support their clients, meeting their financial needs throughout the world.

This bank offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade.

The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.

They are near-shoring from their New York office and moving their operations to Montreal which is exciting news! This a chance to join a very stable environment as these roles already existed in New York before the move.

They have a number of positions to fill and are hoping many will be excited to be a part of their new start in Montreal.

Title : Quantitative Analyst Vice President

Location : Montreal

Work model : Hybrid, 2-3 days remote work allowed

Type of position : Full time and permanent

Salary : 125k + 25%. 4 weeks vacation. They offer a great benefits package. RRSP matching, you contribute 2% and they contribute 8%.

What you will do :

• Articulate complex concepts & findings, highlight narratives accounting for diverse senior management via emails, meetings or at different committee meetings
• Present data & validation results in a compelling manner to support decisions to respective committees
• Prepare part / whole deck, memos, slides etc. to be used at respective committees
• Employ advanced statistical & mathematical techniques in validation activities with proficiency
• Develop & implement comprehensive testing framework based on SR11-7 and other regulatory guidelines
• Identify limitations & devise controls to mitigate any associated inherent model risk
• Validate complex models covered including but not limited to Pricing, VaR, Compliance, Market & Liquidity risk
• Review and close findings on models in line with regulatory requirements
• Maintain detailed reports on validations performed in line with regulatory guidelines (SR11-7, OCC)
• Conduct risk assessment testing & discussions with relevant stakeholders

Qualifications :

• Minimum Master’s Degree in STEM sciences (Finance OR Economics OR Statistics OR Mathematics)
• Minimum 5-7 years of relevant experience in model validation / model development and quantitative finance in general
• Knowledge of programming languages (Python, R, SAS)
• Project management skills and experience
• Excellent communication and interpersonal skills, with the ability to form effective working relationships
• Ability to deliver high quality reports, presentations

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