Student Intern
- Richmond Hill, ON, Canada
Full-time
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Job details
- Job type
- Full-time
- Apply by
- Posting language
- English
- Posted
Original job description
As an Analyst (Intern) in the Credit Risk Analytics team at National Bank, you will develop valuable risk management skills by working on credit risk modeling and risk reporting in areas like IFRS-9, stress testing, and capital. You will collaborate closely with the team and perform various risk analysis tasks to support the Bank's risk function. With your programming, data analysis, problem-solving, and communication skills, you will gain hands-on experience and a deeper understanding of risk management. This is a full-time internship.
Your role:
Contribute to risk analytics and reporting, including the preparation of analysis results and presentations for senior management.- Participate in the development, implementation and back testing of credit risk models, including Probability of Default (PD), Loss Given Default (LGD), Exposure at Default (EAD) and other models.
- Support the monthly and quarterly risk production activities, quantify risk and capital, and identify key risk drivers.
Create and maintain documents for models and risk processes following the internal and regulatory requirements.- Complete risk-relevant tasks assigned by the supervisor and respond to questions and ad-hoc requests from the senior management in a precise and efficient manner.
Your team
As part of the Credit Risk Analytics sector, you’ll be on a team of 25 of colleagues. Our team stands out for expertise in model development, model implementation and risk reporting in IFRS-9, stress testing and capital areas. As some processes are part of the Bank’s month-end or quarter-end reporting to the public or to the regulators, we may work under tight deadline and pressure sometimes. We offer a wide range of ongoing learning opportunities for your development, including coaching, hands-on learning, and through the collaborating with colleagues who have varied expertise and profiles such as risk programming, in-depth data analytics, model development, and presentation to senior management.
Prerequisites
In an undergraduate or graduate program in Finance, Financial Engineering, Statistics, Economics, Mathematics, Computer Science or other relevant fields.- Completion or progression in CFA, FRM and/or SAS certification would be an asset.
- Previous work/co-op experience in banks would be an asset.
- Solid programming skills (i.e. SAS, SQL, Python, VBA, R, Matlab, etc.).
- Outstanding analytical skills to identify the causes of risk changes.
- Business and/or technical writing with clear and concise written communication skills.
- Strong attention to details and exceptional critical thinking skill.
- Strong desire to learn along with professional drive.
Required skills: Artificial Intelligence, Cybersecurity, Diversity & Inclusion, Empathy, Initiative, Learning Agility, Resiliency, Teamwork
Your benefits
In addition to competitive compensation, you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family such as:
* Health and wellness program, including many options
* Group insurance
* Generous pension plan
* Employee and Family Assistance Program
* Preferential banking services
* Opportunities to get involved in community initiatives
* Telemedicine service
* Virtual sleep clinic
We have an offer that keeps up with trends as well as your needs and those of your family.
Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We actively listen to employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication is encouraged.
Making a bold move in a people-first environment
We're a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on people's lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments. We aim, wherever possible, to provide a barrier-free and accessible environment to all employees.
We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates! What can you bring to our team?
Join us!
More about this job
Responsibilities
Contribute to credit risk analytics and reporting, including preparing analyses and presentations, supporting recurring risk production, quantifying risk and capital, and identifying risk drivers. Help develop, implement, and back-test credit risk models, maintain model and process documentation, and respond to assigned tasks and ad hoc management requests.
Requirements
Applicants must be enrolled in an undergraduate or graduate program in finance, financial engineering, statistics, economics, mathematics, computer science, or a related field, and have solid programming skills. Strong analytical, writing, communication, critical-thinking, and attention-to-detail skills are expected; CFA, FRM, or SAS certification progress and prior bank experience are assets.
Skills
- Credit Risk Modeling
- Risk Reporting
- Programming
- Data Analysis
- Problem-Solving
- Communication
- Analytical Skills
- Critical Thinking
- Attention to Detail
- Business Writing
- Teamwork
- Initiative
- Learning Agility
- Resiliency
- Empathy
- Artificial Intelligence
Benefits
- Health and Wellness Program
- Group Insurance
- Pension Plan
- Employee and Family Assistance Program
- Preferential Banking Services
- Community Initiatives
- Telemedicine Service
- Virtual Sleep Clinic
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
- Science & Research
Keywords
- Credit Risk
- Credit Risk Analytics
- Risk Management
- Risk Reporting
- IFRS 9
- Stress Testing
- Capital
- Credit Risk Models
- Probability of Default
- Loss Given Default
- Exposure at Default
- Model Development
- Model Implementation
- Back Testing
- Risk Production
- Risk Drivers
- Risk Analysis
- Model Documentation
- Regulatory Requirements
- SAS
- SQL
- Python
- VBA
- R
- MATLAB
- CFA
- FRM
- Data Analytics
- Banking