Senior Analyst, Risk & Portfolio Management

Location: Montreal

As a Senior analyst in the Strategic Risk & Portfolio Management team within the Corporate & Investment Banking (CIB) team at National Bank, you will focus on risk & capital optimisation solution to manage risk, improve portfolio return and reduce cost of capital.

You will be responsible for carrying out detailed quantitative analysis, evaluate optimal portfolio mix, run sensitivity analysis, identify opportunities for managing limit and capital more efficiently.

Your responsibilities cover the overall CIB portfolio, which is diversified among multiple industries and sectors, as required you will also need to interact with external partners such as Market, Credit risk modelling teams and capital group among others.

You will evolve in a team of highly motivated professionals, collaborate and learn about a broad range of capital markets products. This position appeals to individuals who are interested in pursuing a career in an entrepreneurial, fast paced and high-energy environment.
Your job:
Under the supervision of Managing Director Risk & Capital solutions, you will be involved in the implementation and on-going support of our securitization transactions and solution for portfolio optimization

This includes the following tasks related to the management and execution of securitized transaction or other portfolio optimisation solution:
Build, implement and run financial quantitative credit models and provide reporting required by external parties or regulators
Work with the MD Risk & Capital solutions and risk partners to satisfy the risk management, valuation and quantitative strategy needs including but not limited to portfolio structuring for securitization.
Work with the technology teams to develop and improve the trading and risk management platforms supporting our transactions.
Work with loan portfolio managers to build financial pricing, risk models and various tools for the bank’s loan portfolio.
Work with bank capital group and help answer question from regulators in relation to any transaction managed within the team
Interact with risk counterparts to develop requirements including data, modelling and technology needs.
You will be working closely with the other members of the team and other internal partners and external investors
Your Team:
You will be joining a dynamic and expanding team, reporting under to the Managing Director Risk & Capital Solution who report to the Head Strategic Risk & Portfolio Management.

This role is not focused on specific client relationships but looks at managing and optimising the CIB portfolio for future growth and will involve multiple interaction with different internal partners and some exposure to external parties such as regulators or investors.

The role will provide an excellent opportunity to better understand how the business works. You will have access to colleagues with a wide range of expertise, experience, and backgrounds to enrich all aspects of your development. We promote a team-player attitude, collaboration, curiosity, and continuous learning.

Prerequisites:
Master’s or Ph.D. in Finance, Mathematics, Business Engineering, Computer programming or another relevant field.
Professional designation completed or in process, (e.g. CPA, CFA) considered an asset
Strong foundation in stochastic calculus, Monte Carlo simulations, and numerical methods.
Advanced proficiency in Excel and Power BI and other Microsoft Office (Word, Access and PowerPoint). Knowledge of the broader Microsoft Suite (SharePoint, Power Apps, etc.)
Knowledge of credit risk management and underlying parameters (PD,LGD,EAD), knowledge of corporate and investment banks an asset
Ability to organize data and parse and analyze complex data sets with a demonstrated problem-solving mindset
Excellent communication and writing skills with an ability to present ideas in a concise and well-structured manner
Self-starter and ambitious, with a strong work ethic

Your benefits      In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family.

* Health and wellness program, including many options   
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