Senior Advisor, Risk Model Validation and Monitoring

February 12, 2020

(Work place: Montréal)

Desjardins Group is the largest cooperative financial group in Canada, and one of the largest employers in the country. It offers a full range of financial products and services and is home to a wealth of expertise in property and casualty insurance, life and health insurance, wealth management, services for businesses of all sizes, securities brokerage, asset management, venture capital, and secure, leading-edge virtual access methods.

Job Level

NV-10As a senior advisor, risk model validation and monitoring, you assist with analysis, research and development to analyze the costs and benefits of risk reduction. You recommend implementation strategies and priorities for market risk and risk management best practices.You lead development projects and strategic initiatives that are complex and innovative. Your initiatives require extensive knowledge of your line of work.You make recommendations on the planning and execution of operationally and conceptually complex projects requiring comprehensive analysis and understanding of the organization and line of business. Coordination is critical, so you frequently interact with stakeholders working in other fields. Interpersonal savvy is therefore essential.You serve as specialist advisor and subject matter specialist, as well as resource and support person for decision-making bodies.More specifically, you will ensure that the models meet all the quality criteria of the validation framework provided for this purpose. The validations are intended for the credit risk models (calculation of Basel and IFRS 9 risk parameters), the Internal Capital Adequacy Assessment Process (ICAAP) models, and stress testing models.

Additional responsibilities

  • Advise your clients and partners to help them position, plan, develop, execute and monitor strategic projects and initiatives
  • Develop and update policies, standards, models and programs to support your unit’s strategic projects and initiatives
  • Target, analyze and diagnose major issues and make recommendations to decision-making bodies
  • Represent your unit before decision-making bodies
  • Represent Desjardins’s position when making agreements with external partners and organizations.

Other working condition

  • Number of job available :  1


  • Bachelor's degree in a related field
  • A minimum of six years of a relevant experience
  • Master’s degree in a related field (an asset)

Please note that other combinations of qualifications and relevant experience may be considered. For example, any training in (M.Sc. or Ph.D.)

  • For vacant positions available in Quebec, please note that knowledge of French is required 

Specific knowledge

  • Sound knowledge of mathematical and statistical modelling
  • Extensive programming knowledge (SAS, SQL, Python, Matlab, VB)
  • Sound knowledge of banking industry activities (an asset)
  • Sound knowledge of Basel regulations (an asset)
  • Independent speaker, intermediate knowledge of English

Desjardins Cross-sector skills

Action oriented, Collaborates, Customer Focus, Innovation

Key competencies for the job

Business insight, Communicates effectively, Interpersonal Savvy, Strategic mindset

Work Location

Complexe Desjardins Montréal

Trade Union

Non Syndiqué

Unposting Date


Job Family

Risk management (FG)

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