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Credit Risk Modeler Jobs in Quebec (NOW HIRING)

Master credit risk parameter estimation models * Understand and interpret Basel II Accord * Be aware of the risks related to financial crime * Proficient SAS Base, SAS EG, Python, Matlab, R Your ...

Master credit risk parameter estimation models * Understand and interpret Basel II Accord * Be aware of the risks related to financial crime * Proficient SAS Base, SAS EG, Python, Matlab, R Your ...

... credit risk parameter estimation models Understand and interpret Basel II Accord Be aware of the risks related to financial crime Proficient SAS Base, SAS EG, Python, Matlab, R Your benefits In ...

Closely follow credit policy rules to ensure risk parameters are consistently followed ... Enjoy flexibility with our hybrid work model designed to support your lifestyle. * Time to Recharge:

Closely follow credit policy rules to ensure risk parameters are consistently followed ... Enjoy flexibility with our hybrid work model designed to support your lifestyle. * Time to Recharge:

Our management practices promote a healthy work-life balance, and we embrace a flexible work model ... credit risk. Auditor profile : * Strong understanding of the audit process, including leading ...

Our management practices promote a healthy work-life balance, and we embrace a flexible work model ... credit risk. Auditor profile : Strong understanding of the audit process, including leading ...

Our management practices promote a healthy work-life balance, and we embrace a flexible work model ... credit risk. Auditor profile : * Strong understanding of the audit process, including leading ...

The Enterprise Risk Management department in the RISQ Division oversees risk management for SG ... The department oversees the enterprise, strategic, credit, market, liquidity, operational, model ...

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Credit Risk Modeler information

See Quebec salary details

$14

$58

$88

How much do credit risk modeler jobs pay per hour?

As of Jun 19, 2026, the average hourly pay for credit risk modeler in Quebec is $58.56, according to ZipRecruiter salary data. Most workers in this role earn between $39.66 and $77.64 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Credit Risk Modeler, and why are they important?

To thrive as a Credit Risk Modeler, you need a solid background in quantitative finance, statistics, and data analysis, often supported by a degree in mathematics, finance, or a related field. Familiarity with programming languages such as Python, R, or SAS, as well as experience with risk modeling frameworks and regulatory requirements like Basel III, is typically required. Strong analytical thinking, attention to detail, and effective communication make a candidate stand out in this role. These skills are crucial for accurately predicting credit risk, ensuring regulatory compliance, and supporting informed decision-making in financial institutions.

How does a Credit Risk Modeler typically collaborate with other departments within a financial institution?

Credit Risk Modelers frequently work alongside data scientists, underwriters, compliance teams, and business analysts to develop and refine risk assessment models. Collaboration with IT teams is common for implementing models into production systems, while regular interaction with regulatory and compliance groups ensures models meet legal standards. Effective communication with stakeholders is essential to translate technical findings into actionable business strategies, making cross-functional teamwork a key part of the role.

What does a Credit Risk Modeler do?

A Credit Risk Modeler is responsible for developing statistical models and analytical tools to assess the likelihood that borrowers will default on their loans or credit obligations. They use data analysis, statistical techniques, and machine learning algorithms to predict credit risk and help financial institutions make informed lending decisions. Their work involves gathering and cleaning data, building predictive models, validating model performance, and ensuring compliance with regulatory standards. Credit Risk Modelers play a crucial role in managing a bank's or lender's exposure to financial risk and maintaining a healthy loan portfolio.

What is the difference between Credit Risk Modeler vs Credit Analyst?

AspectCredit Risk ModelerCredit Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; often certifications like FRM or CFABachelor's degree in finance, accounting, or related field; certifications like CFA are common
Work EnvironmentQuantitative teams, risk management departments, financial institutionsBank branches, lending departments, credit departments
Employer & Industry UsageFinancial institutions, banks, credit agenciesBanks, 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.

What are popular job titles related to Credit Risk Modeler jobs in Quebec? For Credit Risk Modeler jobs in Quebec, the most frequently searched job titles are:
What job categories do people searching Credit Risk Modeler jobs in Quebec look for? The top searched job categories for Credit Risk Modeler jobs in Quebec are:
What are popular job titles related to Credit Risk Modeler jobs in QC? For Credit Risk Modeler jobs in QC, the most frequently searched job titles are:

Associate Director Portfolio Management (On-Site)

National Bank

Montreal, QC

Full-time

Posted 13 days ago


Job description

Attendance
On-Site
Job number
32818
Category
Manager
Status: Permanent
Type of Contract
Permanent
Schedule: Full-Time 
Full Time / Part Time?
Full-Time
Posting date
06-May-2026
Area(s) of interest: Capital Markets and treasury
Location(s): Montreal

A career as an Associate Director within the Portfolio Management – Asset-Liability Management (ALM) and Investments team involves playing a key role in the management and optimization of bond portfolios.

You will contribute directly to performance, risk management, and the development of new investment strategies for the pension fund and the Bank’s balance sheet, through rigorous and proactive management of corporate credit risk.


Your Job

  • Actively participate in the management of bond portfolios for the pension fund, the Bank’s balance sheet, and the insurance platform.
  • Ensure daily monitoring and optimization of the credit portfolio, including:
    • performance monitoring,
    • proactive risk management,
    • ongoing monitoring of existing investments.
  • Contribute to the origination of new transactions by performing:
    • in-depth credit analysis,
    • financial evaluation,
    • investment recommendations.
  • Design, automate, and maintain analysis, monitoring, and reporting processes by leveraging programming skills (notably Python and SQL) to support operational efficiency and decision-making.
  • Enhance existing processes to improve investment management and reduce risks.
  • Support the development of new strategies and initiatives (research, modeling, evaluation, presentations, etc.).


The Team

You will join the Portfolio Management – Treasury and Pension team, a dynamic and collaborative environment equipped with advanced portfolio management tools and resources.

The team’s core mandates include:

  • Management of the Bank’s interest rate risk;
  • Management of bond investments for the Bank, the pension fund, and insurance subsidiaries.

Your professional development is a priority and will be supported through hands-on learning, mentorship from experienced leaders, and close collaboration with colleagues with diverse areas of expertise.

Basic Requirements

  • Undergraduate degree in Finance or Financial Mathematics.
  • Minimum of 4 years of relevant experience in capital markets.
  • Demonstrated experience in bond portfolio management or credit investing.
  • Expertise in Python and SQL programming applied to financial analysis.
  • Strong initiative and ability to contribute to evolving projects.
  • Ability to work effectively under pressure and manage multiple priorities simultaneously.
  • Strong attention to detail and rigor in monitoring positions and transactions.

Languages:
English, French
Reason to require this language: you will need to discuss frequently with our service providers or partners who speak a language other than French.
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