Director, Model Quantification

CIBC Capital Markets

Toronto, ON, Canada
Not specified; competitive salary mentioned; incen...
Hybrid
5+ years credit rating modeling experience
Obligor default rating model development
Sas python r statistical software proficiency
This role involves designing and monitoring risk rating methodologies for the bank's wholesale portfolios to calculate regulatory and economic capital

Job Summary

  • This role involves designing and monitoring risk rating methodologies for the bank's wholesale portfolios to calculate regulatory and economic capital.
  • Candidates will lead discussions on model development, validation, and implementation while ensuring comprehensive documentation and back-testing processes.
  • The position offers a hybrid work arrangement with 1-3 days on-site per week and access to a defined benefit pension plan and employee share purchase program.

Matching Summary

This role involves designing and monitoring risk rating methodologies for the bank's wholesale portfolios to calculate regulatory and economic capital.

Salary

Not specified; Competitive salary mentioned; Incentive pay and benefits included

Skills & Requirements

Must-have

  • 5+ years credit rating modeling experience
  • Obligor Default Rating model development
  • SAS Python R statistical software proficiency

Nice-to-have

  • Basel regulatory capital requirements knowledge
  • Passion for continuous learning and growth
  • Strong stakeholder communication skills

Key Requirements

  • Graduate degree in Statistics Mathematics Finance Economics or related field
  • 5+ years relevant experience in wholesale obligor credit rating modeling
  • Legal eligibility to work in Canada

Work Rights

Must be legally eligible to work in Canada

Tailored Resume

Cover Letter