Quantitative Analyst – Investment Bank

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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