banking or financial background is MUST
Please apply only if you are comfortable with below pay rates
Max pay rates:
INC - $41.66/hr
T4 - $36.62/hr
Years of experience: 3-5 years of exp
Contract Period: 5 months
Location: Toronto, ON
Location Type:Hybrid; any 2 days per week
Business Hours: Monday to Friday; Core Business Hours
Experience \& Qualification Requirements:
- Strong background in data-driven statistical modeling, supervised learning, unsupervised learning and discriminative models
- Strong theoretical and numerical background
- Programming experience in SAS, Python or MATLAB is strongly preferred
- Knowledge of coding standards and object-oriented programming
- Experience working with relational databases and SQL
- Strong interest and ability to undertake applied research
- Out-of-the-box thinker and enthusiastic in solving problems
- Strong written and verbal communication skills
- Ability to work in a multi-disciplinary team setting
- Strong work ethic and adaptable to changing priorities
Job Responsibilities:
- Develop PD, LGD and UGD models for DFAST, EWST, CECL and IFRS9 usage
- Design econometric models to explore relationships between credit losses and the macroeconomic environment
- Design mathematical and statistical algorithms to enhance existing models
- Conduct applied research for credit risk modeling
- Perform ad hoc analyses as required by management and other business partners
- Participate in design, planning, implementation and testing of various modeling initiatives
- Collaborate with non-retail teams and participate in cross-functional projects as needed
- Produce and maintain well-articulated documentation on above
- Write and maintain robust code for performing the above functions
