Data Scientist, Quantitative Prospective Analysis

The Prospective Analysis Department’s primary mandate is to produce and coordinate forward-looking risk management analyses for Desjardins Group, including sensitivity analyses, scenario analyses and stress testing. These analyses are carried out in partnership with various experts in risk management and finance, as well as collaborators from other Desjardins Group business sectors. As a data scientist for quantitative prospective analysis, you’ll help analyze and quantify projections for IFRS 9 provisions and credit-weighted assets in order to support strategic risk management and contribute to Desjardins Group’s financial soundness. These activities require knowledge of modelling and projecting risks, current Basel standards and regulations, and statistical knowledge. More specifically, you will be required to:

• Calculate the forward-looking risk information used to calculate IFRS 9 provisions.
• Calculate expected loss projections and IFRS 9 provisions as part of various forward-looking analyses, including budget exercises and stress testing.
• Help monitor and make projections for credit-weighted assets and other risk metrics and their analyses by quantifying the potential impacts on the risk measures under your responsibility.
• Design, use and develop mathematical projection models for risk management and diligently prepare associated documentation.
• Balance business needs, risk management, requirements and best practices.
• Lead or contribute to projects, mandates or activities in your field of expertise.
• Serve as a specialist for organizational units to explain the impacts of forward-looking analyses in plain language to guide risk management and decision-making.
• Monitor the industry to understand and anticipate trends in your field of expertise to develop and update relevant best practices for the organization.

What we offer*

• Competitive salary and annual bonus
• 4 weeks of flexible vacation starting in the first year
• Defined benefit pension plan that provides predictable, stable income throughout retirement
• Group insurance including telemedicine
• Reimbursement of health and wellness expenses and telework equipment

*Benefits apply based on eligibility criteria.

#LI-Hybrid

What you bring to the table

• Bachelor's degree in a related field
• A minimum of four years of relevant experience
• Please note that other combinations of qualifications and relevant experience may be considered
• Experience quantifying risks and/or capital
• Knowledge of French is required
• Intermediate advanced proficiency of English due to the nature of the duties or work tools or because the position involves interactions with English-speaking partners, members and/or clients
• Proficiency with SAS, SQL and Python programming tools
• Knowledge of Basel standards

Trade Union (If applicable)

At Desjardins, we believe in equity, diversity and inclusion. We're committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should reflect the diversity of the members, clients and communities we serve.

If there's something we can do to help make the recruitment process or the job you're applying for more accessible, let us know. We can provide accommodations at any stage in the recruitment process. Just ask!

Job Family

Unposting Date