Risk Model Development Intern, Summer 2025

The Work:

Reporting to the Director, Model Development, the Risk Analyst will be responsible for supporting model development for AIRB and IFRS 9, as well as streamlining and automating model development process.

The ideal candidate will have a strong background in quantitative modelling and programing skills in Python, a demonstrated ability to develop credit models that meet business objectives, a critical thought process and a solutions-based approach to problem-solving.

The Core Responsibilities Of The Job:

• Model development (45%)
• Support model development activities for AIRB, IFRS 9, and ICAAP
• Participate in data profiling and data quality analysis for model development,
• Research statistical modelling techniques and evaluation applications for specific models and their limitations
• Support model development documentation
• Streamline and automate MD processes (55%)
• Support the Director, Model Development to:
• Identify opportunities in model development processes where streamlining is feasible and possible to improve productivity,
• Identify opportunities to automate components in model development where feasible and possible to improve,
• Prepare proposals and execution plans for identify opportunities,
• Execute plans

Let's Talk About You!

• University student (Master’s or PhD), with a focus on a quantitative discipline (Applied Mathematics or Statistics, Engineering, Computer Science)
• Comfortable programing in Python. Experience working with big data sets building models,
• High attention to detail, ability to review and recommend actions to solve modeling problems,
• Proven ability to communicate clearly (verbally and written), tailoring presentations to the audience,
• Strong organization, time management and multi-tasking skills; managing multiple deadlines at one time,
• Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy,
• You're a self-starter and driven to succeed. You are motivated by accomplishing your goals and delivering your best to make an impact.

How To Submit Your Application!

• Your application must include your resume, cover letter and unofficial transcript. Applications submitted incorrectly will not be considered.
• You MUST be a student currently enrolled in school to be eligible to apply.
• The application deadline date to apply is Jan 13th 2025.After this date, the posting will be closed!