At a Glance
- Tasks: Lead model validation and risk assessments for credit decision models in a dynamic banking environment.
- Company: National Bank, known for its innovative solutions and diverse expertise.
- Benefits: Flexible work options, health programs, generous pension plan, and continuous learning opportunities.
- Other info: Join a people-first culture that values your ideas and promotes accessibility.
- Why this job: Make a real impact on credit risk management while developing your skills in a supportive team.
- Qualifications: Bachelor’s or master’s degree with 7-10 years of experience in quantitative methods and credit risk.
The predicted salary is between 105750 - 129250 $ per year.
A career as a Senior Data Scientist, Team Lead, in the Governance and Credit Quality team at National Bank means serving as a specialist in credit decision model validation. This position allows you to have a positive impact on the Bank's risk management thanks to your expertise in modelling, credit risk, and quantitative methods.
You contribute to the independent assessment of the models used for credit activities for Personal Banking and small and medium-sized businesses. You also provide technical leadership to your colleagues and participate in strategic projects that influence the Bank's models, decision-making strategies, and risk profile.
Your job includes:
- Carrying out and overseeing independent model risk assessments for credit decision models intended for individuals and SMEs, by analysing their methodological robustness, assumptions, limitations, and risks related to their approval, implementation, and use.
- Monitoring the performance of models in production by analysing results, identifying gaps, drifts, and emerging risks, and recommending the actions required to maintain an acceptable level of risk.
- Acting as a reference in managing the model lifecycle, ensuring the consistent application of regulatory requirements, internal policies, and model risk management standards.
- Drafting and reviewing validation reports, conclusions, and recommendations, clearly communicating findings, issues, risks, and impacts on credit decisions and risk management.
- Participating in strategic projects related to retail and SME credit activities by assessing the impact of the proposed changes on the Bank's models, decision-making strategies, credit processes, and risk profile.
- Acting as a technical reference for the team and business partners, contributing to the resolution of complex issues, supporting audits and regulatory reviews, and promoting the continuous improvement of model risk validation and management practices.
Your team, Governance and Credit Quality, under Senior Vice-President - Credit Analytics and Integrated Risk Management, brings together more than 35 specialists who collaborate to develop innovative solutions adapted to industry challenges. You are part of a team recognised for its diversity of expertise, rigour, and ability to deliver quality results.
The Bank values continuous development and internal mobility. Our personalised training programs, based on on-the-job learning, help you master your profession and develop new fields of expertise. Tools such as the Data Academy, language training, the Harvard Learning Centre, and coaching and mentoring support are available to you at any time.
Prerequisites include:
- Bachelor’s or master’s degree in a related field and 7 to 10 years of relevant experience.
- Excellent knowledge of quantitative methods, particularly modelling and artificial intelligence techniques.
- Proficiency in at least one of the following languages or software: SAS, R, or Python.
- Extensive experience in credit risk and model validation.
- Solid knowledge of activities and products related to Personal Banking and small and medium-sized businesses.
- Experience in technical coordination, coaching, or developing colleagues in an analytical or validation environment.
Your benefits include competitive compensation and a wide range of flexible benefits to help promote your wellbeing and that of your family, such as:
- Health and wellness program, including many options
- Flexible group insurance
- Generous pension plan
- Employee Share Ownership Plan
- Employee and family assistance program
- Preferential banking services
- Involvement in community initiatives
- Telemedicine service
- Virtual sleep clinic
We value employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged. We’re a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on people’s lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments.
If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates!
Senior data scientist in Montréal employer: National Bank
National Bank is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. As the Strategic Vice-President for Private Banking in Ontario, you will not only lead a talented sales team but also benefit from extensive professional development opportunities and a strong commitment to employee growth. With a focus on delivering top-tier financial services, you'll be part of a culture that values excellence and empowers you to make a meaningful impact in the lives of high net worth clients.
