Lead Advisor, Risk Quantification and Capital - #193536

Seeing beyond numbers

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank.

As a Lead Advisor, Risk Quantification and Capital, the incumbent is responsible for all aspects of the development, implementation, and maintenance of credit portfolio stress testing models.

In this role, the incumbent provides leadership in researching, identifying trends, and monitoring emerging developments in stress testing modeling, with the goal of recommending innovative solutions to complex issues or enhancing current practices.

Responsibilities

• Continuously updates his knowledge of Capital Adequacy Requirements (CAR) in the Standardized Approach, and communicates it accurately and effectively in line with current legislation, as well as the Bank's policies, programs and procedures.
• Advises, in an expert capacity, the Credit Risk Management Sector on the implementation of best practices for the calculation of CAR.
• Assumes responsibility for the production of CAR ratio calculations, interprets data, explains discrepancies, assesses implications.
• Provide strategic advice to identify opportunities to refine current processes and calculations.
• Supports the development of automated controls related to CAR production.
• Carries out work required by regulatory requirements in connection with CAR calculations.
• Maintains effective communications with the various stakeholders involved in CAR activities.
• Performs any other tasks of a similar nature or of a general nature requested by his/her superior or required as part of his/her duties.
  
  

Qualifications

• University degree in mathematics, physics, statistics, actuarial science, engineering, econometrics, or finance.
• A minimum of 5 years of relevant experience.
  
  

Specific Skills

• In-depth knowledge of Capital Adequacy Standards.
• Strong expertise in database management using SQL, and in the use of specialized statistical tools, including SAS (EG).
• Ability to influence and propose innovative solutions.
• Ability to simplify and communicate complex ideas.
• Strong analytical skills and problem-solving orientation.
• Attention to detail and thoroughness.
• Bilingualism (French and English).*
• Team-oriented with a collaborative mindset.
• Excellent communication skills.
• Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages.
  
  

What Laurentian Bank Has To Offer You

The total compensation offered by Laurentian Bank encompasses a comprehensive range of benefits, highlighting our commitment to the well-being and success of our employees.

Here are some of the key points of our offering:

• The actual annual base salary offered will take into account internal equity, skills, and experience among other factors.
• Total compensation: Earn a comprehensive compensation package that includes annual reviews and performance-based bonuses.
• Work model: We prioritize a hybrid work model based on business needs.
• Stock purchase plan: Become not just an employee, but a Laurentian Bank shareholder. Employer matching takes your investment even further.
• Time off: In addition to paid vacation, we provide floating days and leave options to accommodate the diverse needs of our employees. Plus, as an extra perk, you also get a paid day off to celebrate your birthday.
• Health and wellness: Take care of your health and well-being with access to healthcare professionals, our Employee and Family Assistance Program (EFAP), and a Stress Management and Well-Being Program.
• Group insurance and pension: We offer a competitive insurance program based on your family’s needs and a defined contribution pension plan to help prepare for your future.
• Financial benefits: As a Laurentian Bank employee, you’re also the best ambassador for our products and services. Take advantage of employee-only offers on a wide range of products. Enjoy exclusive deals and preferred rates on products and services including insurance, hotels, train tickets, spas and many more.
  
  

We are committed to creating a fulfilling professional environment where your skills are valued, and your well-being is a priority. Join us for a rewarding career at Laurentian Bank.

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

PIPEDA

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