Quantitative Advisor

Permanent contract|Montreal|Risks

Quantitative Advisor

Montreal, Canada Permanent contract Risks


Quantitative Model Validation Analyst in the Model Risk Management structure embedded within the Risk Management function in 2nd Line-of-Defense of SG Americas will:

  • Conduct independent model validation of relevant models that are used in SG Americas;
  • Perform independent conceptual and theoretical review, benchmarking, independent implementation of the models employed;
  • Quantifying model risk and reporting of the findings;
  • Close interaction and collaboration with the model developers in the First Line-of-Defense;
  • Work with front office, model developers and risk managers with day-to-day model support and review;
  • Contribute to a body of knowledge of local and global regulatory requirements for model risk and be aware of market environment.

Profile required

  • 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 or a Master Degree in a relevant subject
  • Experience of building or working with financial modeling
  • 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 to drive decision-making by running independent quantitative review-and-challenge strategies; makes recommendations based on analyses
  • Analyzes new model frameworks, monitors and reviews existing models. Conducts on-going communication with model owners and model developers during the course of the review. Works with large, complex datasets to create challenger models
  • 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
  • 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

Business insight

Quantitative Model Validation Analyst (Credit Risk and Compliance models)

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 22000LDP
Starting date: immediate
Publication date: 2022/11/14