Team Lead, Market, Rate and Liquidity Risk Modeling

Location: Montréal

The Data Valorization Department anchors the practices of the Risk Management Executive Division through an analytical and prospective approach that proactively supports decision-making and risk management at Desjardins. As a Market, Rate and Liquidity Risk Modelling team leader, you work in close collaboration with our risk management teams to meet the needs of the business sectors, and to design, manage and support the entire lifecycle of the models used to measure and manage financial risks.

Your mandate specifically covers market risk, interest rate risk and liquidity risk models used for business operations, the management of associated risks and compliance with regulatory requirements. In collaboration with your partners in risk management, the business sector and treasury, you’ll ensure the transition from a detailed understanding of needs to the design of innovative, high-value analytical solutions. You contribute to the strategic direction of the risk function by influencing the evolution of quantitative approaches and analytical capabilities to support Desjardins Group’s priorities.

Your leadership helps ensure effective work planning, strong business relationships and tangible results that meet the strategic and regulatory objectives of the Risk Management Executive Division as well as the Market Risk and Analytics Division. You lead a team of professionals specializing in quantitative modelling applied to financial risk management. You play a key role in coordinating methodological work, model governance and interactions with internal and external partners, including the lines of defence, regulatory authorities and auditors.

You are also called upon to break down and explain complex quantitative and methodological concepts to business partners, committees and senior management to support decision-making. The successful candidate should have excellent planning abilities and strong leadership skills. They must also thrive in a complex and highly regulated environment that’s always changing. More specifically, you will be required to:

Lead and mobilize a team of specialists in quantitative modelling and financial risk management

Coordinate work and methodological development roadmaps in project and operational mode

Support teams in the development, implementation, calibration, monitoring and evolution of market, rate and liquidity risk models

Support team members with their professional growth and skills development

Maintain and enforce model governance throughout lifecycles, including the development, validation, implementation, monitoring and removal of models

Oversee the methodologies used for the valorization of financial and derivative products, market risk measures (VaR, sensitivities, stress tests, etc.), interest-rate risk (prepayments, rate guarantees, etc.) and liquidity risk (survival period, projection ratios, etc.)

Develop and maintain methodological roadmaps in connection with business priorities, technological transformations and regulatory requirements

Influence the evolution of quantitative approaches and the analytical capabilities of the risk management function to support Desjardins’s strategic directions

Oversee the modeling work in support of stress tests, risk appetite assessments, financial planning exercises and regulatory capital calculations

Break down and explain complex methodological and quantitative issues for business partners, committees and senior management to support decision-making

Work closely with the second and third lines of defence to ensure work is carried out according to plan and on track to meet target deadlines

Participate in discussions with regulatory authorities such as the Autorité des marchés financiers (AMF) and external auditors, particularly in the context of modelling tasks and capital requirements

What we offer*

• Competitive salary and annual bonus
• 4 weeks of flexible vacation starting in the first year
• Defined benefit pension plan that provides predictable, stable income throughout retirement
• Group insurance including telemedicine
• Reimbursement of health and wellness expenses and telework equipment

• Benefits apply based on eligibility criteria.

#LI-Hybrid

What you bring to the table

Bachelor's degree in a related field

A minimum of eight years of relevant experience

Please note that other combinations of qualifications and relevant experience may be considered

Academic specialization in quantitative finance, mathematics, statistics, financial engineering, actuarial science, economics or a related field

Significant experience leading and mobilizing multidisciplinary teams

Experience in model governance and lifecycle management

Experience in modelling and market risk management, including interest rate and/or liquidity risks

Experience with platforms specializing in valorization and financial risk management such as Murex, RiskManager, RiskFrontier or QRM is considered an asset

Knowledge of French is required

Intermediate advanced proficiency of English due to the nature of the duties or work tools or because the position involves interactions with English-speaking partners, members and/or clients

Demonstrated expertise with the simplification of complex quantitative and methodological concepts in terms business partners, committees and senior management can effectively understand

Ability to evolve in a fast-paced environment that handles complex methodological, regulatory and technological issues

Advanced knowledge of concepts and methodologies used in the valorization of financial and derivative products, financial risk management and stress testing

Knowledge of regulatory frameworks applicable to financial institutions

Knowledge of analytical programming languages (Python, SAS or equivalents) and technological tools used in data valorization

Business insight, Communicates effectively, Develops talent, Directs work, Engagement

Equity, Diversity, Inclusion and Accessibility

At Desjardins, we believe in equity, diversity and inclusion. We're committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should reflect the diversity of the members, clients and communities we serve.

If there's something we can do to help make the recruitment process or the job you're applying for more accessible, let us know. We can provide accommodations at any stage in the recruitment process. Just ask!

Trade Union (If applicable)

Job Family

Management support and expertise support (FG)

Unposting Date

2026-11-30