Manager, Model Developer

OverviewManager, Model Developer - Retail and Small Business Forecasting Models - 21 Month Contract. Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The world is changing faster than ever and so are we. We build models powering automated risk-management decisions and forecasts that impact millions of customers and billions of dollars daily.We seek talented, pragmatically analytical data scientists who can interpret statistics, ingest and massaging data, translate regulatory requirements into models, and explain complex issues clearly. You will work with stakeholders across the bank to translate needs into outcomes, explore data and methodologies, collaborate with technology partners, and monitor, tune, and govern the models your team owns.Our tools include traditional SAS and a modern machine learning stack (on-premise GPU computing, Jupyter environments, Hadoop cluster, containerized API deployment, and BI tools). You will help develop advanced risk prediction and loss estimation forecasting models used in decision making worth billions each month, ensuring they are precise, explainable, compliant, secure, and useful. What We’re Looking ForWe want talented, analytically oriented data scientists who are comfortable interpreting statistics and translating regulatory requirements into models, and who can explain complex issues in simple terms. You should be curious, results-driven, and accountable, with a collaborative mindset to work with stakeholders and customers to build something lasting and great.Is This Role Right for You?You believe in doing the right thing and doing things the right wayYou are curious and pragmaticYou are comfortable with ambitious but realistic goals and are committed to achieving themYou are social, engaging, and eager to learn from global partners across the firmYou understand the impact of model outputs on financial statements and governanceYou can read regulatory requirements and identify optimization opportunities while maintaining compliance excellenceYou understand PDs, LGDs, EADs & RWA and can model them accuratelyYou love programming, data, and predictive modelingYou are committed to quality in statistics, processes, and governanceYou communicate insights effectively, verbally and in writingYou are professional, motivated and collaborativeSample Projects That You Might Work On IncludeComplete specialized analysis, develop statistical solutions, and improve estimation techniques and forecasting modelsPrepare attribution and/or stock-flow analysis of product portfoliosCollaborate with risk management, vendors, technology, compliance and audit to ensure effective governance and communication of model performanceAccurately estimate impacts and implement models in productionLead process improvements for model development and monitoringEnsure data used for model development is reliable, robust, and compliant with standardsWhat Do You Need to Succeed?GeneralBachelor’s Degree in Mathematics, Computer Science, Engineering or an equivalent technical fieldStrong analytical problem-solving skills and sound judgmentExperience as an analyst or data scientist with cross-functional teamsStrong English communications skills: distill business requirements, convey technical outcomes, present data visually, and produce high-quality documentationAbility to work remotely and on-site on multiple activities and meet deadlinesTechnicalStrong understanding of statistics2+ years of experience in predictive, risk and/or forecasting modelsProficiency in one or more programming languages (Python, R, SAS, etc.), SQL, and multiple environments (Unix & Windows)Experience with big data platforms (Hadoop, Spark, Hive, Avro)Knowledge of credit risk models / scorecardsNice to HaveSpanish language skillsExperience with credit risk forecasting and/or financial reporting frameworksExperience developing credit risk models / scorecardsExperience with loss forecasting, AIRB or IFRS9 frameworksDomain expertise in retail & small business banking or risk managementFRM or CFA credentialsExperience deploying ML models using Python frameworks and DevOpsMicrosoft Office (Excel, PowerPoint, Teams, Power BI) proficiencyExperience with FICO/TSYS/CGI decision systemsLocation: Canada, Ontario, Toronto.Scotiabank is committed to an inclusive and accessible environment. If you require accommodation during recruitment, inform the Recruitment team. Only shortlisted candidates will be contacted.Seniority levelMid-Senior levelEmployment typeContractJob functionGeneral Business, Management, and Business DevelopmentIndustries: BankingReferrals increase your chances of interviewing. Get notified about new Model jobs in Toronto, Ontario, Canada. #J-18808-Ljbffr