Senior Quantitative Analyst, Enterprise Risk Management

Job Overview

Job title: Senior Quantitative Analyst, Enterprise Risk Management

Job description: We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com

Job Description

What You’ll Be Doing

As a Quantitative Analyst, you will be a part of a team responsible for design and monitoring of the bank’s risk rating methodologies; development and support of risk quantification parameters used in the calculation of regulatory and economic capital for the wholesale portfolios, various ad-hoc credit risk projects. As a Senior Quantitative Analyst, Model Quantification, you will work on development, documentation and monitoring of risk quantification models (Loss Given Default and Exposure at Default) for the wholesale portfolios. Your responsibilities will include ensuring that data used for model development is reliable and robust.

How You’ll Succeed

  • Model Development – Ensure that models are developed based on sound principles and suitable data.
  • Documentation – Create comprehensive documentation related to model development, monitoring and back-testing processes.
  • Implementation – Make sure the models are successfully implemented in production systems.
  • Learning – Keep up to date on the latest developments in credit risk analytics and industry best practices.
  • Analytical Skills – Developed expertise in collecting and analyzing quantitative and qualitative information; providing conclusions and modelling recommendations.

Who You Are

  • You have a graduate degree in (Ph.D. or M.Sc.) in a quantitative (Statistics/Mathematics/Finance/ Economics) field.
  • You can demonstrate experience with mathematical or statistical analysis software tools (SAS, R, MATLAB), database management, and advanced Microsoft Excel skills. It’s an asset if you have relevant experience with a major financial institution or other industry experience.
  • You love to learn. You’re passionate about growing your knowledge, and you know that there is no limit to what you can achieve.
  • Values matter to you. You bring your real self to work and you live our values – trust, teamwork, and accountability.

What CIBC Offers

At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents, and empowers teams to do what’s right for the client, and to do it well. As part of our team, you will:

  • Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and at home
  • Connect: Work in a place where the right technology and infrastructure fosters innovation, collaboration and creativity
  • Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning and comprehensive product training
  • Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits program, and employee share purchase plan

What you need to know

  • CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com
  • You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit

Job Location Toronto-CC East 12th Floor

Employment Type Regular

Weekly Hours 37.5

Skills

Model Development, Quantification

Company: CIBC

Expected salary:

Location: Toronto, ON

Job date: Sat, 06 Nov 2021 23:23:56 GMT

Job Source: Careerjet.ca

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