Risk Quant Model Developer

Join one of Montreal’s Top Employers in 2026. We are a leading international banking institution fully committed to building a more sustainable future.

The position at a glance

Overall RISK Mission Statements:

• To advise the Bank’s Management on risk appetite definition.
• To contribute as an objective “second pair of eyes” that risks taken on by the Bank align with its policies.
• To report and alert Bank Management of the status of risks to which the Bank is exposed.
• To contribute to the development and growth of the risk culture within the Group.
• Credit and counterparty risk, market risk, funding and liquidity risk, as well as interest rate and FX risk of the Banking book, insurance risk and operational risk.
• RISK covers all Group’s activities and geographies.
• Provide a holistic view of the risk profile to the Bank’s Management and Board, by coordinating with the relevant Functions to ensure relevant risk assessment, aggregation, and reporting.

Specific RISK Model team objectives:

• Work on the development of quantitative models for a broad range risk‑management activities, including (but not limited to) credit‑risk modelling and stress‑testing of the bank’s commercial and retail loan portfolios, budgeting, regulatory compliance, climate‑risk assessment, and AI‑driven solutions.
• Follow the established modeling development principles to implement statistical and analytical solutions and be part of the team that develops and implements those solutions.
• Provide support to document analytical solutions in accordance with the Bank’s latest model governance policies.
• Follow proper model monitoring and back testing processes, model change control procedures and versioning protocols.

In detail

• Contribute to projects with particular focus on credit risk, climate related risk, and AI driven solutions.
• Collaborate with production analytics team to implement and test the models and to continuously enhance analytic infrastructure.
• Work effectively as a team member with other quantitative analysts at the company.
• Stay up‑to‑date on the latest advances in quantitative risk management and industry best practices for model development.
• Demonstrate passion for exploring innovative quantitative modelling techniques and commit to continuous learning.

The Strengths And Skills That Will Help You Succeed ...

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