Market Risk Model Developer Jobs

Knowledge of financial Instruments and risk management methodologies

Currently enrolled in a master’s degree of Finance, Economics, Mathematics, or Financial Engineering

Knowledge of Structured Query Language (SQL) and PowerBI, an asset

Evaluate and continually track the market risk of market portfolios by producing and interpreting a suitable risk analysis

Provide quantitative research and analysis expertise to the various business units with regards to risk modelling methods

Participate in implementing risk measurement systems by validating the methodologies to be used and proposing relevant solutions

Prior education or working experience in Basel implementation, stress testing, compliance assessment or gap analysis, regulatory submission, and risk management

Preparing and presenting audit findings and recommendations to management

Post graduate degree - PHD OR master's in mathematics, Engineering, Finance, Comp Science, Data Science)

5+ years Previous Experience in Any Financial Models used in banking - e.g., AML (Anti Money Laundering), Capital Markets, Fraud

Good communication and negotiation skills

Excellent writing and documentation skills

Excellent interpersonal skills and experience in highly collaborative environments

Translate business requirements into data models that will help stakeholders answer key business questions and inform strategic decisions

Experience with a cloud data warehousing (Snowflake, Bigquery, Redshift)

Experience working as part of a data team; either a data analyst, data scientist, or data engineer

Knowledge of another programming language e.g. Python is a plus

Building a high quality and scalable state-of-the-art data warehouse that powers all decision making

University degree in finance, risk management, economics, or a related field; or another advanced degree or designation

Extensive experience in financial risk management, internal controls, and model risk management

Experience building, enhancing policies and programs associated with Financial Risk Management

Strong knowledge on databases and systems for model inventory management

Develop and execute comprehensive strategies for model risk management, including validation, monitoring, and ongoing assessments of model performance

Professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) preferred

Broad understanding and experience with risk management methodologies, preferably in Market Risk

Manage the relationships with clients across the organization as well as with the vendor;

Minimum of 5 years of business analytics experience within Capital Markets

Must have hands on experience in manual testing (test case design to ensure coverage and execution)

Strong analytic and troubleshooting skills with a solution oriented attitude

Proven experience working on multiple large projects simultaneously

Solid quantitative background and problem-solving skills with a keen interest in Finance, Economics, Derivatives, Risk management and Regulations.

Python programing is essential. Experience in other Object-Oriented programing is a bonus.

Internal development to support your growth and enhance your skills.

A competitive compensation and benefits package.

Communicate with model users, trading desks, risk teams, and business lines to enhance models and ensure correct use of models.

Assist team members for various ad-hoc analyses, model development, documentation, reporting, preparation of materials.

Business Functions: Internal Audit, Cybersecurity, Fraud Management, Anti-Money Laundering, Insurance, Credit Risk, Technology Operations, Identity & Access Management, Human Resources

Master’s or PhD degree in Statistics, Computer Science, Applied Mathematics, Econometrics, Engineering, Quantitative Finance, or a related quantitative field

Strong communication and interpersonal skills

Publication or prior research experience (applied or fundamental)

Experience with version control systems

A comprehensive Total Rewards Program including bonuses and flexible benefits and competitive compensation

You have a degree/diploma. In Quantitative Finance, Financial Engineering, Financial Mathematics, Statistics, and/or related program.

Values matter to you. You bring your real self to work and you live our values – trust, teamwork and accountability.

What You Need To Know