The Prospective Analysis Department’s primary mandate is to produce and coordinate forward-looking risk management analyses for Desjardins Group, including sensitivity analyses, scenario analyses and stress testing. These analyses are carried out in partnership with various experts in risk management and finance, as well as collaborators from other Desjardins Group business sectors. As a data scientist for prospective analysis modelling, you help with prospective analysis, quantification and modelling of the risk parameters used to calculate expected credit loss. The goal is to support strategic risk management and build Desjardins Group’s financial strength. You carefully review how the IFRS 9 provision is calculated, and you carefully review the administrative department’s analysis reports. These activities require knowledge of modelling and projecting risks, current Basel standards and regulations, and statistical knowledge. More specifically, you will be required to:

• Design, use and develop econometric projection models for risk parameters and diligently prepare associated documentation.
• Develop tools to project and integrate risks with aggregated risk and financial measures.
• Calculate forward-looking risk information used to calculate IFRS 9 provisions.
• Calculate expected loss projections and IFRS 9 provisions as part of various forward-looking analyses, including budget exercises and stress testing.
• Balance business needs, risk management, requirements and best practices.
• Contribute to projects, mandates or activities in your field of expertise.
• Monitor the industry to understand and anticipate trends in your field of expertise to develop and update relevant best practices for the organization

Please refer the Job description for details