Risk Analyst - 56397

Work Location

- Remote, Onsite, or Hybrid: Hybrid

- Anchor Days (if applicable):

- Address: - 66 Wellington Street West, Toronto, Ontario

CANDIDATE PROFILE DETAILS:

Degree/Certifications Required: Master and above in quantitative disciplines

Years of Overall Experience: 1-3 years of relevant working experience depending on the overall qualification

Ideal Candidate Background: Academic background in quantitative areas - relevant experience in credit risk model development/stress testing

How will performance be measured: deliverables

Selling Points of Position (CVP): 1 year contract - Exposure to different types of models/processes in risk areas

SUMMARY OF DAY-TO-DAY RESPONSIBILITIES:

- Implement and enhance credit risk stress testing/forecasting models.

-Assist with analytics and reporting activities such as scenario analysis, sensitivity analysis, attribution analysis, impact assessment, etc.

-Build and maintain analytics platforms for the above.

-Effectively communicate model methodology and maintain well-articulated documentation.

-Ensure compliance with the bank's Model Risk Policy & relevant Data Governance requirements.

-Maintain and contribute to the enhancement of the current models and develop credit risk models for new business lines as required.

MUST-HAVE Hard Skills:

1.) Degree in Statistics, Mathematics, Financial Engineering, Economics, or other related quantitative disciplines

2.) Coding experience in SAS

3.) Knowledge of credit risk models or stress testing models/processes

SOFT SKILLS:

1.) Excellent communication skills, verbally and in writing

2.) Strong conceptual, analytical, and problem-solving skills

NICE-TO-HAVE

1.) Ability to read and write Python/MATLAB/C++ code is an asset

2.) Experience of developing credit risk models or stress testing models for Bank's lending portfolios.