Model Validation Analyst


 Quebec - Canada       Permanent contract        Risks

Mission

Requirements for the Quantitative Model Validation Analyst:
  • Minimum of a Bachelors Degree in a quantitative area in Science, Technology, Engineering and/or Mathematics.
  • 3+ years of experience in Financial Model Development or Validation or Front Office Quant role.
  • Working experience of building or working with financial modeling in risk management or front office.
  • Excellent mathematical and statistical ability to solve financial problems that require a quantitative approach.
  • Excellent coding skills in a computer/statistical programming language (e.g. Python, R, C++...).
  • Good communication skills with the ability to work with front office, model developers and other internal risk management non-quant staff.
  • Independently performs advanced quantitative analyses and model development to drive decision-making by running independent quantitative review-and-challenge strategies. Makes recommendations based on analyses.
  • Analyzes and develops new model frameworks by supporting the line of business. Refines, monitors, and reviews existing models. Conducts on-going communication with model owners and model developers during the course of the review. Works with larger, more complex datasets to create challenger models.

All our positions are open to people with disabilities

Profile

  • Performs quantitative analysis and develops complex reports. Performs qualitative and quantitative assessments of all aspects of models including theoretical aspects, model design and implementation as well as data quality and integrity. Analyzes complex data and associated quantitative analysis. Makes recommendations based on findings from data analytics.
  • Uses quantitative tools and techniques to measure and analyze model risks and reaches conclusions on strengths and limitations of the model.
  • Prepares and analyzes detailed documents for validation and regulatory compliance, using applicable templates.
  • Knowledge of techniques, roles, and responsibilities in providing technical or business guidance to clients, both internal and external; ability to apply this knowledge appropriately to diverse situations.
  • Knowledge of, experience with and ability to use the tools, processes and practices for predicting business trends and providing forecasts that drive business decisions and business planning.
  • Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.
  • Knowledge of and ability to plan, implement and manage model testing strategies that assure the independent review and challenge of models.
  • Knowledge of and ability to utilize tools, techniques and processes for gathering and reporting data in a particular department or division of a company.

Environment

tbd
Job code: 18000GLT
Business unit: SG CIB
Starting date: Immediate
Date of publication: 13/08/2019
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Model Validation Analyst

Permanent contract   |   Quebec - Canada   |   Risks