Job Description

No other bank is doing what we do.

At BDC, we help Canada and its entrepreneurs create a prosperous, inclusive and green economy. Our mission is to help Canadian businesses thrive by providing financing, capital and advisory services. We're devoted to Canadian entrepreneurs. We're also dedicated to our employees. Adaptable. Inspiring. Different. There's a reason we like to work here, and we think you'll like it too. Join BDC and help make a difference!

Diversity. Equity. Inclusion. They're more than just words for BDC. These concepts are foundational to our success and to our ability to attract, retain, mobilize and develop the right talent, as well as to offer a healthy, professional and collaborative environment. We are committed to cultivating and preserving an environment where all employees can thrive, and, for over a decade, we have been recognized as one of Canada's Top 100 Employers and one of Canada's Best Diversity Employers. In recruiting for our team, we welcome the unique contributions that you can bring in terms of your education, opinions, culture, ethnicity, race, sex, gender identity and expression, nation of origin, age, languages spoken, veteran's status, color, religion, disability, sexual orientation, beliefs, experiences, and more.

POSITION OVERVIEW

The Senior Analyst "Risk and Capital Modeling" contributes to the development and monitoring of BDC's models used for economic capital, general allowance and macro-economic based forecasting models. The incumbent will support improvements in model development practices, risk and capital monitoring, by incorporating best industry practices in risk modeling and advanced analytics.

CHALLENGES TO BE MET

Create and develop BDC's IFRS9 provision, economic capital and macro-economic based forecasting models, in line with industry best practices;

Keep abreast of developments in statistical and machine learning predictive modeling. Recommend and implement best practices ensuring BDC's models high quality;

Understand and extract required data from the Bank's systems (Azure Data Lake and structured databases);

For model deployment in production, provide a code following the best standards, set-up the testing strategy and support the maintenance within a cross-functional team

Monitor and backtest models on a regular basis; participate to model data ingestion under a collaborative and governed system;

Develop and maintain quality documentation on model development, backtesting for audit and validation, including code versioning (GIT);

Support the timely production of the Economic Capital and IFRS9 provision measures;

Collaborate with relevant parties such as Validation, Audit, and IT throughout the model lifecycle.

WHAT WE ARE LOOKING FOR

University degree in quantitative discipline such as Statistics, Mathematics, Econometrics (Masters preferred).

Minimum of five years of relevant experience in quantitative predictive modelling including programming

Strong quantitative skills including statistical modelling (time series, estimator and optimization techniques) and machine learning approaches as well as programming languages (i.e. Python preferred, R, Matlab etc.); well-developed ability to adapt to various environments (Azure DevOps on-premises/Cloud, etc);

Experience with extracting and manipulating data (SQL)

Strong analytical skills and attention to detail

Strong team player

Good written and verbal communication skills

Bilingual in both official languages (English & French)

Experience in credit risk, knowledge of capital rules from OSFI and Basel is an asset

With us, you'll be able to achieve the work/life balance you're looking for, with competitive working conditions and above-market flexible benefits. This includes modern workspaces to work from when you are in our offices, and, for some specific positions, the ability to work remotely, on reserve, and/or within your community.

While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted. If you are a candidate with a disability and need an accommodation to complete the application process, please email us at , and include your full name, the best way to reach you, and the accommodation needed to assist you with the application process.