Chief Advisor Quantitative Risk Specialist

A career in the Internal Audit Capital Markets team at National Bank means using your quantitative expertise to challenge models and risk analytics that support trading, market risk and valuation control. As Chief Advisor – Model & Quantitative Specialist, you will lead and deliver audits focused on model risk, market risk methodologies and front‑to‑back controls, helping strengthen governance, improve outcomes, and ensure key decisions are supported by robust analytics.

Partner closely with Market Risk, Front Office and other control functions, acting as a go‑to subject matter expert for complex quantitative topics across the team.

• Lead and/or execute audits across Capital Markets with a primary focus on model risk and quantitative topics (market risk models, stress testing frameworks, limit controls, valuation and model governance).
• Assess model lifecycle controls end‑to‑end (development, implementation, independent validation, monitoring, change management and documentation) and evaluate alignment with governance expectations and regulatory requirements (including OSFI Guideline E‑23).
• Perform quantitative audit procedures such as independent calculations, benchmarking/challenger analyses, sensitivity/stability testing and backtesting review to support clear, evidence‑based conclusions.
• Act as a trusted Internal Audit advisor for quantitative/model related topics with Front Office, Market Risk and Finance/Valuation Control, translating complex quantitative topics into actionable risk insights for senior stakeholders.
• Influence and negotiate with senior management on the severity, root cause and remediation of issues raised; drive practical, measurable action plans.
• Coach and upskill the team on quantitative concepts, model governance, audit best practices and effective challenge.

Join a multidisciplinary team of 20+ colleagues and report to the Senior Director – Internal Audit Capital Markets. Work on high‑impact, cross‑functional mandates that provide a front‑to‑back view of the trading and risk ecosystem, with exposure to senior stakeholders and complex quantitative topics.

• Bachelor's or Master's degree in quantitative finance, mathematics, statistics, engineering, actuarial sciences, economics or related fields.
• 10+ years relevant experience with exposure to Capital Markets.
• Strong risk and complex financial instrument valuation expertise (VaR, stress testing, sensitivities, P&L decomposition, pricing models).
• Strong understanding of model risk management best practices (model lifecycle: development, implementation, validation, monitoring).
• Regulatory literacy for model risk, including OSFI Guideline E‑23.
• Excellent written and verbal communication skills – able to synthesize and explain complex quantitative topics to non‑quant partners and senior management.
• Collaborative and confident in stakeholder communications of findings and remediation plans.
• A curious, proactive mindset with strong ownership, independence and attention to detail.

• 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 aim, wherever possible, to provide a barrier‑free and accessible environment to all employees. We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, let us know during our initial conversations. We welcome all candidates.