We are banking at another level.

Choosing BDC as your employer means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently, to fuel the success of Canadian entrepreneurs.

Choosing BDC as your employer also means:

• Flexible and competitive benefits, including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions, a Defined Benefit Pension Plan, a $750 wellness and health care spending account, to name a few

• In addition to paid vacation each year, five personal days, sick days as necessary, and our offices are closed from December 25 to January 1

• A hybrid work model that truly balances work and personal life

• Opportunities for learning, training and development, and much more...

Explore the BDC Way in our Culture Book

*Please note that bilingualism in English and French, spoken and written, is required for this role.

POSITION OVERVIEW

The Director, Credit Risk Modelling & Analytics is responsible for the development and management of credit risk rating and pricing models within the bank. This role drives the design, validation, and ongoing enhancement of advanced predictive analytics, pricing, and decisioning models that support the bank’s risk management framework and business objectives.

The Director will ensure rigorous model governance, foster innovation in risk analytics, and promote a culture of collaboration and excellence within the team. In addition, the Director collaborates closely with stakeholders to align data infrastructure and modelling tools with evolving business needs, ensuring that models remain robust, scalable, and effective in supporting operational goals.

CHALLENGES TO BE MET

• Lead the ongoing development, monitoring and enhancement of predictive credit risk models using advanced machine analytics and statistical solutions.

• Ensuring timely revision are made to properly reflect risks by reviewing, analyzing and monitoring internal/external factors/indicators predicting risk and implement corrective action in the design of the models when necessary.

• Develop and optimize automated risk decision models to continuously enhance agility and efficiency of the different business lines.

• Support the implementation, testing and operationalization of credit risk models.

• Coach team members to foster professional growth, enhance technical expertise, and build a collaborative, high-performance work environment.

• Collaborate with stakeholders on the data infrastructure ensuring that the data and modelling tools support the model development needs.

• Lead and represent the Risk Modelling team in cross functional operational teams to respond to emerging business needs.

• Maintain up-to-date knowledge of industry best practices and perform research and analysis of applicable methodologies for model development, machine learning techniques and implementation best practices.

• Effectively manage the interface with relevant parties such Business Line partners, Validation and Audit.

WHAT WE ARE LOOKING FOR

• University degree in Mathematics, Statistics, Finance, or Economics.

• A minimum of 7-10 years of related working experience in development and/or validation of quantitative models

• 3+ years experience leading a team and/or project

• Solid understanding of credit risk metrics, PD/LGD/EAD modeling, and pricing models.

• Strong quantitative skills including statistical modelling as well as tools (i.e., SQL, Python, Power BI) ; well-developed ability to adapt to various programming languages and environments.

• Familiarity with machine learning techniques and their application in risk modeling.

SKILLS, KNOWLEDGE AND COMPETENCIES

• Good interpersonal and communication skills are essential in dealing with senior internal and external stakeholders, as well as preparing reports for Executive Management.

• Solid organizational and time management skills to manage competing activities within short time frames.

• Strong knowledge of financial industry best practices

• Strong analytical skills and remarkable attention to detail and accuracy

• Bilingual in both official languages (English & French) is required.

Proudly one of Canada’s Top 100 Employers and one of Canada’s Best Diversity Employers, we are committed to fostering a diverse, equitable, inclusive and accessible environment where all employees can thrive and feel empowered to bring their whole selves to work. If you require an accommodation to complete your application, please do not hesitate to contact us at accessibility@bdc.ca.

While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.