Quantitative Analyst, Model Validation

CIBC Capital Markets

Toronto, Canada
Hybrid
Model validation and analysis
Statistical modeling tools (python, r, sas)
Credit risk concepts (pd, lgd, ead)
Conduct an independent validation of CIBC’s analytic models, approaches, methodologies, computations and techniques applicable to Bank-wide financial analytics

Job Summary

  • Conduct an independent validation of CIBC’s analytic models, approaches, methodologies, computations and techniques applicable to Bank-wide financial analytics.
  • Develop an independent benchmark, using suitable programming languages and tools, and then conduct various quantitative/qualitative tests to assess the accuracy, strength and weakness of the model.
  • CIBC offers a career rather than just a paycheck, with competitive salary, incentive pay, banking benefits, a benefits program, defined benefit pension plan, and an employee share purchase plan.

Matching Summary

Conduct an independent validation of CIBC’s analytic models, approaches, methodologies, computations and techniques applicable to Bank-wide financial analytics.

Skills & Requirements

Must-have

  • Model validation and analysis
  • Statistical modeling tools (Python, R, SAS)
  • Credit risk concepts (PD, LGD, EAD)
  • US Fed SR 11-7 and OSFI E-23
  • Model risk management expertise

Nice-to-have

  • Relationship-oriented banking
  • Collaborative team environment
  • Continuous learning and growth
  • Proactive opportunity seeking

Key Requirements

  • Master's or Ph.D. degree
  • Experience developing statistical models
  • Experience with credit risk concepts
  • Experience with model risk management
  • Legally eligible to work in Canada

Work Rights

Legally eligible to work

Tailored Resume

Cover Letter