Manager/Senior Manager, Credit Risk Models - Financial Engineering & Modeling (Montreal)

Job Type: Permanent
Work Model: Hybrid
Reference Code: AFA-127687
Primary Location: Montreal, QC
All Available Locations: Montreal, QC; Ottawa, ON; Quebec City, QC

At Alexis Fiscal Advisory, we specialize in delivering cutting-edge financial solutions to help organizations navigate risk, optimize credit models, and enhance financial decision-making. Our team provides expert insights and quantitative expertise to support clients in addressing complex financial and regulatory challenges.

We are committed to excellence in financial engineering, credit risk modeling, and regulatory compliance. Through our innovative approach, we help businesses strengthen risk management frameworks, enhance financial forecasting, and drive data-driven decision-making.

• Work on high-impact financial modeling and risk management projects with industry-leading clients.

• Collaborate with top professionals in financial engineering, credit risk, and regulatory compliance.

• Enjoy a supportive, flexible, and dynamic work environment that fosters career growth.

As a Manager or Senior Manager, Credit Risk & Financial Modeling, you will play a critical role in leading quantitative risk assessment and financial modeling projects for financial institutions. You will:

• Develop, validate, and enhance credit risk models, including AIRB, IFRS 9, CECL, adjudication/behavioral scoring models, and CCAR models.

• Conduct independent model validations, ensuring compliance with regulatory requirements and industry best practices.

• Perform quantitative analysis on financial risk exposures, expected loss models (PD, LGD, EAD), and capital adequacy assessments.

• Work with machine learning and AI-driven modeling approaches for enhanced predictive analytics.

• Lead large-scale client engagements, acting as a trusted advisor for financial institutions.

• Manage and mentor teams of consultants, ensuring high-quality project execution.

• Collaborate with clients to identify key credit risk issues and develop tailored solutions.

• Present findings to senior stakeholders, including risk committees and regulatory bodies.

• Stay ahead of regulatory changes and emerging financial risk trends.

• Leverage data analytics, automation, and advanced statistical techniques to improve model performance.

• Contribute to internal thought leadership, developing new methodologies and best practices.

Our Financial Engineering & Modeling team delivers high-value solutions to financial institutions, helping them navigate risk, optimize decision-making, and enhance financial stability.

• Deep Industry Expertise: We bring years of experience in credit risk, quantitative modeling, and financial analysis.

• Regulatory Compliance & Advisory: We help clients align with evolving regulatory frameworks, ensuring compliance with IFRS 9, AIRB, CCAR, and more.

• Technology & Innovation: We integrate AI, machine learning, and big data analytics into risk modeling strategies.

• Collaborative Culture: We foster an environment of mentorship, continuous learning, and career development.

You are someone with:

• For Manager: 3-5 years of experience in credit risk model development or validation.

• For Senior Manager: 5-7 years of experience in credit risk model development or validation.

• Minimum 3-5 years of experience leading teams or managing projects.

• Advanced degree (Master’s or PhD) in Mathematical Finance, Financial Engineering, Economics, or a related field.

• Strong knowledge of credit risk methodologies (PD, LGD, EAD), IFRS 9, AIRB, CCAR, and related regulatory frameworks.

• Proficiency in Excel, SAS, R, Python, and other quantitative tools.

• Bilingualism (French & English) required due to national and global client interactions.

• Manager Salary Range: $95,000 - $159,000

• Senior Manager Salary Range: $123,000 - $228,000

• Bonus Program: Performance-based incentives.

• Comprehensive Benefits Package:

  • Mental health support ($4,000 annually).

  • Flexible benefit spending account ($1,300 annually).

  • Generous paid time off (38+ days, including company-wide closures).

  • Hybrid work model with flexible scheduling.

At Alexis Fiscal Advisory, we believe in fostering an inclusive work environment where diverse perspectives drive success. We encourage applications from individuals of all backgrounds, including those from underrepresented communities.

Accommodations are available upon request during the recruitment process.

Ready to take your career in credit risk and financial modeling to the next level? Join Alexis Fiscal Advisory today and be part of a team that shapes the future of financial risk management. Apply now!