Job Description

Our client is a top financial institution with significant North American holdings. They have operations across most major verticals, including institutional & corporate, wealth management, private client, commercial banking, treasury, and retail banking.
Introduction: Robertson is seeking a skilled IT - Specialty Developer V to join our client.
Contract Period: 12 months with potential to extend or convert
Pay Rate: Starting from $66 per hour
Location: Toronto, ON
Location Type: Onsite; 4 days a week , 1 day from home
Business Hours: Monday-Friday; Core Business Hours
Job Responsibilities:

• Perform independent initial and ongoing validations of Derivative Pricing/xVA/Counterparty Credit Risk (CCR)/Market Risk models across global trading business, including Interest Rate, Equity, FX, Credit and Commodity derivatives
• Prepare corresponding initial/ongoing validation reports outlining model assumptions, analytical methodologies and assessments, computational methods and test results
• Develop/implement validation methodologies and standards
• Ensure that the validation methodologies and standards are in line with industry best practice or address regulatory and audit requirements and/or findings in a timely manner
• The position involves working effectively with different internal partners such as Quantitative Engineering Group in Front Office (FO), Model Development (MD) Group, and IT support teams for MD and FO; to ensure the appropriateness and accuracy of models used by the bank

Experience & Qualification Requirement:

• Graduate degree in a quantitative discipline in MSc, MMF or PhD
• 5+ Years of Relevant Experience
• Banking ideally but from any FI related fields
• Excellent knowledge of pricing theory, statistics, stochastic calculus and numerical techniques used in derivative pricing (PDE/trees, Monte Carlo simulation, optimization) as well as CCR/CVA modelling techniques and parameter calibration techniques
• Proficient in relevant programming languages such as C/C++ and Python
• Excellent ability to write comprehensive technical documents is required
• Mathematics, Physics, Engineering, Computational Finance, Statistics Background

**** ALL CANDIDATES MUST COMPLETE A CRIMINAL AND CREDIT CHECK AS PART OF THE APPLICATION PROCESS ****
***We use AI technology as part of our application review process to assist with screening and assessment. All applications are also reviewed by our recruitment team. ***
How to Apply: If you are a motivated professional looking to contribute to a leading team, please submit your resume outlining your qualifications and experience relevant to this role. Robertson & the clients we represent, value diversity and are committed to creating an inclusive workplace. We invite all qualified individuals to apply.
Robertson & the clients we represent are equal opportunity employers, committed to diversity and inclusion. Robertson is a certified diverse supplier and actively seeks to foster a representative and inclusive workforce. We welcome applications from all qualified individuals, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, Aboriginal status, or any other legally protected factors. We champion building a diverse and inclusive environment. #LI-BJ1

Skills Required