Montreal, QC · Hybrid
CA$73.40K - CA$122.40K/yr
Model development, validation and implementation of Retail and Wholesale credit risk methodologies including obligor and facility risk rating, Basel regulatory capital and economic capital models ...
Montreal, QC · Hybrid
CA$73.40K - CA$122.40K/yr
Model development, validation and implementation of Retail and Wholesale credit risk methodologies including obligor and facility risk rating, Basel regulatory capital and economic capital models ...
Role model critical behaviors to enhance customer experience. * Demonstrate inclusive behaviors and provide opportunities to collaborate across teams. Required Qualifications: * Deep credit risk ...
Role model critical behaviors to enhance customer experience. * Demonstrate inclusive behaviors and provide opportunities to collaborate across teams. Required Qualifications: * Deep credit risk ...
Design, use and develop mathematical models for risk management and diligently prepare associated documentation * Balance business needs, risk management, requirements and best practices * Lead or ...
Design, use and develop mathematical models for risk management and diligently prepare associated documentation * Balance business needs, risk management, requirements and best practices * Lead or ...
... model that truly balances work and personal life * Opportunities for learning , training and ... As Senior Director, Loan Writing - Credit Risk Management, you are responsible for credit due ...
... model that truly balances work and personal life * Opportunities for learning , training and ... As Senior Director, Loan Writing - Credit Risk Management, you are responsible for credit due ...
Assess the conceptual soundness of credit risk models, including mathematical formulation, statistical rigour, assumptions, limitations and alignment with regulatory requirements and internal ...
Assess the conceptual soundness of credit risk models, including mathematical formulation, statistical rigour, assumptions, limitations and alignment with regulatory requirements and internal ...
Your job Assess the conceptual soundness of credit risk models, including mathematical formulation, statistical rigour, assumptions, limitations and alignment with regulatory requirements and ...
Your job Assess the conceptual soundness of credit risk models, including mathematical formulation, statistical rigour, assumptions, limitations and alignment with regulatory requirements and ...
Montreal, QC · Hybrid
Our team's mandate is to implement solutions to optimise credit decision models and strategies for ... of the Credit risk Portfolio and Collection and Recovery. Our goal is to offer you maximum ...
Montreal, QC · Hybrid
Our team's mandate is to implement solutions to optimise credit decision models and strategies for ... of the Credit risk Portfolio and Collection and Recovery. Our goal is to offer you maximum ...
Montreal, QC · Hybrid
Our team's mandate is to implement solutions to optimise credit decision models and strategies for ... of the Credit risk Portfolio and Collection and Recovery. Our goal is to offer you maximum ...
Montreal, QC · Hybrid
Our team's mandate is to implement solutions to optimise credit decision models and strategies for ... of the Credit risk Portfolio and Collection and Recovery. Our goal is to offer you maximum ...
Montreal, QC · Hybrid
A career as a Data Scientist within the Credit Risk Models team at National Bank means putting your modeling expertise to work in assessing credit risk for both Retail and Commercial clients. You ...
Montreal, QC · Hybrid
A career as a Data Scientist within the Credit Risk Models team at National Bank means putting your modeling expertise to work in assessing credit risk for both Retail and Commercial clients. You ...
Montreal, QC · Hybrid
A career as a Data Scientist within the Credit Risk Models team at National Bank means putting your modeling expertise to work in assessing credit risk for both Retail and Commercial clients. You ...
Montreal, QC · Hybrid
A career as a Data Scientist within the Credit Risk Models team at National Bank means putting your modeling expertise to work in assessing credit risk for both Retail and Commercial clients. You ...
Prepare annual credit reviews, including financial analysis, cash flow model review, rating assessment, and forwardlooking risk evaluation * Assess debt service coverage, liquidity, structural ...
Prepare annual credit reviews, including financial analysis, cash flow model review, rating assessment, and forwardlooking risk evaluation * Assess debt service coverage, liquidity, structural ...
As part of the Credit Portfolio Management (CPM) team, you will play a vital role in managing and ... models, risk assessments, and reporting. * Proposing and updating internal obligor risk ratings ...
As part of the Credit Portfolio Management (CPM) team, you will play a vital role in managing and ... models, risk assessments, and reporting. * Proposing and updating internal obligor risk ratings ...
... credit risk models and related mechanisms Understand economic capital modelling approaches and their impact on risk management Knowledge of model governance practises and controls related to their ...
... credit risk models and related mechanisms Understand economic capital modelling approaches and their impact on risk management Knowledge of model governance practises and controls related to their ...
Experience with counterparty credit risk models and related mechanisms * Understand economic capital modelling approaches and their impact on risk management * Knowledge of model governance practises ...
Experience with counterparty credit risk models and related mechanisms * Understand economic capital modelling approaches and their impact on risk management * Knowledge of model governance practises ...
... model, credit risk model, search model, etc. * Bachelor's or Master's in a quantitative field such as Engineering, Sciences, Commerce * Outstanding communication skills, well-versed in building ...
... model, credit risk model, search model, etc. * Bachelor's or Master's in a quantitative field such as Engineering, Sciences, Commerce * Outstanding communication skills, well-versed in building ...
Includes changes to risk models used in Business Banking and associated policy documents. B. Risk Management and Control * Manage and maintain an effective relationship with Credit Risk, ensuring the ...
Includes changes to risk models used in Business Banking and associated policy documents. B. Risk Management and Control * Manage and maintain an effective relationship with Credit Risk, ensuring the ...
VaR models, Stress Testing, Greeks. * 1-3 years Counterparty Risk monitoring / credit experience Desired: * Programming in Python and SQL. * Familiar with databases and business intelligence (e.g ...
VaR models, Stress Testing, Greeks. * 1-3 years Counterparty Risk monitoring / credit experience Desired: * Programming in Python and SQL. * Familiar with databases and business intelligence (e.g ...
The Risk Management Department contributes to the sustainable growth of the Societe Generale group ... The department oversees the enterprise, strategic, credit, market, liquidity, operational, model ...
The Risk Management Department contributes to the sustainable growth of the Societe Generale group ... The department oversees the enterprise, strategic, credit, market, liquidity, operational, model ...
Montreal, QC · On-site +1
Strategies aim to make the best decision based on credit risk in order to maximise the profitability of the model. * Communicate and document the progress of your work in an agile way in project ...
Montreal, QC · On-site +1
Strategies aim to make the best decision based on credit risk in order to maximise the profitability of the model. * Communicate and document the progress of your work in an agile way in project ...
Montreal, QC · On-site +1
Strategies aim to make the best decision based on credit risk in order to maximise the profitability of the model. Communicate and document the progress of your work in an agile way in project ...
Montreal, QC · On-site +1
Strategies aim to make the best decision based on credit risk in order to maximise the profitability of the model. Communicate and document the progress of your work in an agile way in project ...
$14.42 - $21.15
6% of jobs
$21.15 - $27.88
6% of jobs
$27.88 - $34.62
7% of jobs
$39.18 is the 25th percentile. Wages below this are outliers.
$34.62 - $41.35
7% of jobs
$41.35 - $48.08
8% of jobs
$48.08 - $54.81
11% of jobs
The median wage is $57.75 / hr.
$54.81 - $61.54
8% of jobs
$61.54 - $68.27
6% of jobs
$68.27 - $75
11% of jobs
$76.46 is the 75th percentile. Wages above this are outliers.
$75 - $81.73
16% of jobs
$81.73 - $88.46
13% of jobs
$14
$58
$88
| Aspect | Credit Risk Modeler | Credit Analyst |
|---|---|---|
| Required Credentials | Bachelor's degree in finance, economics, or related field; often certifications like FRM or CFA | Bachelor's degree in finance, accounting, or related field; certifications like CFA are common |
| Work Environment | Quantitative teams, risk management departments, financial institutions | Bank branches, lending departments, credit departments |
| Employer & Industry Usage | Financial institutions, banks, credit agencies | Banks, lending companies, credit bureaus |
The main difference is that Credit Risk Modelers develop statistical models to assess and predict credit risk, focusing on quantitative analysis. Credit Analysts evaluate individual creditworthiness of borrowers, primarily through financial statement analysis and credit reports. Both roles require financial knowledge, but Modelers are more data and model-focused, while Analysts are more client and credit evaluation-focused.
CA$73.40K - CA$122.40K/yr
Full-time
Posted 4 days ago
8.3
Based on 73 frontline employees who took The Breakroom Quiz
20th of 57 rated business consultants
Line of Service
AssuranceIndustry/Sector
Not ApplicableSpecialism
Financial RiskManagement Level
Senior AssociateJob Description & Summary
A career in our Financial Services Risk and Regulatory (FS R&R) Credit Risk Modelling practice will provide you with the opportunity to help financial institutions rethink their approach to risk by developing a distinctive strategy and creating capabilities and performance. We play an important part in helping our clients assess, design and develop solutions that not only help them manage risk but also transform risk and complexity into a sustainable advantage.Meaningful workyou'llbe part of
As a Credit Risk Modelling Senior Associate,you'llwork as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. Responsibilities include but are not limited to:
Model development, validation and implementation of Retail and Wholesale credit risk methodologies including obligor and facility risk rating, Basel regulatory capital and economic capital models, allowance for loan and lease loss models (e.g., IFRS9).Assistassurance teams with reviews of clients' model development and validation processes
AI and machine learning model development and validation
Model risk governance and controls related activities supporting clients in managing model risk across multiple asset classes
Collaborate with the team members at various levels to lead and develop compelling client proposals, white papers, thought leadership and points of view, describing the business challenge and proposed business solution on the topics such as GenAI, cloud, climate risk modeling etc.
Build andmaintaineffective,trustingand collaborative client relationships
Experiences and skillsyou'lluse to solve
Sufficient experience and exposure to financial services risk practices, credit risk modeling including retail and wholesale credit modeling techniques for adjudication, capital management, and allowance modeling/ or calculations (e.g.IFRS9)
Development,implementationand assessment of quantitative credit risk measurement methodologies
Solid understanding and knowledge of credit risk processes, credit risk analytics, risk rating methodologies, risk managementpoliciesand risk management organization structures
Significant experienceand proven ability in at least one of the following programming languages/softwares: Python, R, SQL, SAS, C++, etc.
Master's degree in Economics, Statistics, Mathematics, Physics, Engineering, Financial Engineering, DataScience orother relevant fields would bean asset
PRM, FRM or CFA designation would be an asset
Proven abilities, especially creative problem-solving, toutilizecredit risk management software,dataandmethodologyin the completion of client engagements, including leveraging related technology vendors and their application
Communicationsskillsdemonstratedthrough the ability to write proposals, reports, presentations, etc.
Demonstrated ability to manage and prioritize multiple projects
A demonstrated commitment to valuing differences and working alongside diverse people and perspectives
The successful candidaterequiresfluency in English, in addition to French as they willbe requiredto support or collaborate with English-speaking clients, colleagues and/or stakeholdersduring the course oftheir employment with PwC Canada
PwC Canada is committed to cultivating an inclusive, hybrid work environment. Exact expectations for your team can be discussed with your interviewer
This position ensures continuity and upholds our standards of excellence following the departure of a valued team member.
The salary range for this position is $73,400 - $122,400. The posted salary range represents the expected hiring range for PwC locations in major city centres. Given our national recruiting approach, ranges may vary for positions in other locations. At PwC Canada, base salary is determined by your skills, experience, qualifications and work location. In addition to base salary, eligible employees may have opportunities to participate in variable incentive pay programs which are designed to reward individual and firm-wide achievements. We are committed to offering competitive compensation and adhere to all relevant pay transparency legislation. During the hiring process, our Talent Acquisition team will provide details about our comprehensive total rewards package.
Whyyou'lllove PwC
We'reinspiring and empowering our people to change the world. Powered by the latest technology,you'llbe a part of diverse teams helping public and private clients build trust and deliver sustained outcomes. This meaningful work, and our continuous development environment, will take your career to the next level. We reward your impact, and support your wellbeing, through a competitive compensation package, inclusive benefits and flexibility programs that will help you thrive in work and life. Learn more about our Application Process and Total Rewards Package at:https://jobs-ca.pwc.com/ca/en/life-at-pwc
PwC Canada acknowledges that we work and live across Turtle Island, on the land that is now known as Canada, which are the lands of the ancestral, treaty and unceded territories of the First Nations,Metisand Inuit Peoples. We recognize the systemic racism,colonialismand oppression that Indigenous Peoples have experienced and still go through, and we commit to allyship and solidarity.
Education (if blank, degree and/or field of study not specified)
Degrees/Field of Study required:Degrees/Field of Study preferred:Certifications (if blank, certifications not specified)
Required Skills
Optional Skills
Accepting Feedback, Accepting Feedback, Active Listening, Actuarial Science, Analytical Thinking, Communication, Complex Data Analysis, Creativity, Embracing Change, Emotional Regulation, Empathy, Financial Data Mining, Financial Modeling, Financial Risk Analysis, Financial Risk Management, Inclusion, Intellectual Curiosity, Learning Agility, Optimism, Presenting Financial Reports, Risk Analysis, Risk Model Implementation, Self-Awareness, Statistical Analysis Software, Statistical Consulting {+ 3 more}Desired Languages (If blank, desired languages not specified)
Travel Requirements
Not SpecifiedAvailable for Work Visa Sponsorship?
NoGovernment Clearance Required?
NoJob Posting End Date
We're committed to providing accommodation throughout the application, interview, and employment process. If you require accommodation to be at your best, please let us know during the application process.The use of artificial intelligence (AI) in recruiting is just getting started, so we know you have questions about how and why we use it. At certain points during our recruiting process, we rely on AI to improve your experience. This could be during resume review or curating personalized job recommendations, asking you clarifying questions via a chatbot or during our interview scheduling to improve your experience. Our use of AI helps ensure we combat bias by evaluating candidates equally and fairly, without seeing identity information, such as your name, or gender for example). AI also helps us better predict successful hires by reviewing all applicants for a role and the relationship between your skills, experience and likely success at PwC Canada. While AI supports parts of our recruitment process, final hiring decisions always involve human review. For more information about our use and protection of your data, please refer to our Privacy Policy (https://www.pwc.com/ca/en/privacy-policy.html).Nous tenons a repondre a vos besoins tout au long du processus de demande d'emploi, d'entrevue et d'embauche. Si vous avez besoin de mesures d'adaptation pour etre parfaitement a l'aise, faites-le-nous savoir a l'etape de la demande d'emploi.L'utilisation de l'intelligence artificielle (IA) dans le domaine du recrutement en est a ses balbutiements. Nous savons que vous pourriez vous demander comment et pourquoi nous y avons recours. A certains stades de notre processus de recrutement, nous comptons sur l'IA pour ameliorer votre experience. Par exemple, pendant l'examen du curriculum vit ou l'elaboration d'une liste de recommandations personnalisees, un agent conversationnel pourrait vous demander des precisions ou fixer avec vous un rendez-vous pour l'entrevue. L'IA nous aide a mieux lutter contre les prejuges, car l'evaluation des candidats se fait de facon juste et equitable, sans que les informations d'identification comme le nom ou le sexe soient connues. Elle nous permet egalement de mieux reperer les bons candidats pour un poste et d'evaluer le lien entre leurs competences, leur experience et leurs chances de reussir chez PwC Canada. Bien que l'IA facilite certaines etapes de notre processus de recrutement, les decisions finales d'embauche sont toujours prises par des personnes. Pour en savoir plus sur l'utilisation et la protection de vos donnees personnelles, consultez notre politique sur la protection des renseignements confidentiels (https://www.pwc.com/ca/fr/privacy-policy.html).
