Desjardins

As part of its activities, Desjardins Group uses a large number of quantitative models to support its product and service offer and to properly manage its risks, with the goal of always doing what’s best for members and clients. While these models provide indisputable decision-making support, their use leads to further risks that must in turn be analyzed, assessed and mitigated. To this end, a model-specific governance framework must be in place throughout their life cycle—from design to removal—including performance monitoring and various other development phases. As a senior advisor, model risk monitoring, you contribute to the analysis, research and development of model risk management frameworks. You provide advice, support and leadership for users, designers and model validators so that they can provide an overview of the risks associated with Desjardins’s range of models. You propose solutions to improve or optimize model governance management frameworks and tools to strengthen the controls applied to reduce model risk. You prepare recommendations, solutions and action plans to enhance model risk reporting. You help develop positions on complex situations involving models that require analysis and sufficient knowledge of the model’s area of application. Since coordination is critical, you interact with key players working in other fields related to models. You serve as a specialist advisor and subject matter expert in model governance. You also serve as a resource person and assistant for decision-making bodies. More specifically, you will be required to:

• Help set up and maintain the model governance framework covering the entire model life cycle

• Contribute to the sound management of model risk throughout the model life cycle, in collaboration with the various teams involved

• Update the annual model risk assessment and suggest improvements to the methodology as needed

• Produce the specific analyses required for this risk

• Maintain an inventory of models and obtain the required information from stakeholders

• Participate in annual planning to support model governance and propose an annual plan to update the inventory

• Document the process for updating the inventory and model risk

• Provide business intelligence by developing dashboards that include risk appetite indicators

• Contribute to the cross-sector process that helps operationalize model governance and resolve issues in terms of model-routing, where applicable

• Act as superuser for the model risk governance tool

• Follow up on the findings issued with respect to the models to assess their business impact

• Regularly monitor model risk governance practices, drawing on your contacts in the industry and related publications

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 six years of relevant experience

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

• Knowledge of French is required

• Intermediate knowledge of oral and written 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

• Expertise in financial institution risk management

• Project management expertise

• Knowledge and understanding of regulations related to model risk management

• Knowledge of quantitative modelling

• Knowledge of business intelligence tools 

Communicates effectively, Drive results, Interpersonal Savvy, Strategic mindset

Trade Union (If applicable)

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!

Job Family

Risk management (FG)

Unposting Date

2026-04-3

As part of its activities, Desjardins Group uses a large number of quantitative models to support its product and service offer and to properly manage its risks, with the goal of always doing what’s best for members and clients. While these models provide indisputable decision-making support, their use leads to further risks that must in turn be analyzed, assessed and mitigated. To this end, a model-specific governance framework must be in place throughout their life cycle—from design to removal—including performance monitoring and various other development phases. As a senior advisor, model risk monitoring, you contribute to the analysis, research and development of model risk management frameworks. You provide advice, support and leadership for users, designers and model validators so that they can provide an overview of the risks associated with Desjardins’s range of models. You propose solutions to improve or optimize model governance management frameworks and tools to strengthen the controls applied to reduce model risk. You prepare recommendations, solutions and action plans to enhance model risk reporting. You help develop positions on complex situations involving models that require analysis and sufficient knowledge of the model’s area of application. Since coordination is critical, you interact with key players working in other fields related to models. You serve as a specialist advisor and subject matter expert in model governance. You also serve as a resource person and assistant for decision-making bodies. More specifically, you will be required to:

• Help set up and maintain the model governance framework covering the entire model life cycle

• Contribute to the sound management of model risk throughout the model life cycle, in collaboration with the various teams involved

• Update the annual model risk assessment and suggest improvements to the methodology as needed

• Produce the specific analyses required for this risk

• Maintain an inventory of models and obtain the required information from stakeholders

• Participate in annual planning to support model governance and propose an annual plan to update the inventory

• Document the process for updating the inventory and model risk

• Provide business intelligence by developing dashboards that include risk appetite indicators

• Contribute to the cross-sector process that helps operationalize model governance and resolve issues in terms of model-routing, where applicable

• Act as superuser for the model risk governance tool

• Follow up on the findings issued with respect to the models to assess their business impact

• Regularly monitor model risk governance practices, drawing on your contacts in the industry and related publications

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 six years of relevant experience

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

• Knowledge of French is required

• Intermediate knowledge of oral and written 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

• Expertise in financial institution risk management

• Project management expertise

• Knowledge and understanding of regulations related to model risk management

• Knowledge of quantitative modelling

• Knowledge of business intelligence tools 

Communicates effectively, Drive results, Interpersonal Savvy, Strategic mindset

Trade Union (If applicable)

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!

Job Family

Risk management (FG)

Unposting Date

2026-04-3