Current jobs related to Manager, Model Validation - Toronto - Scotiabank


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 192592 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose of Job**: The Model Validation & Approval area provides self-governing and consistent model validation and approval across various risk types, including market risk, credit risk, operational risk, capital models and other...


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 205789 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Model Validation & Approval area provides self-reliant and consistent model validation and approval across various risk types, including market risk, credit risk, operational risk, capital models and other key risk/financial...


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 203166 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Model Validation & Approval area provides individual and consistent model validation and approval across various risk types, including market risk, retail/non-retail credit risk, operational risk, capital models, AML and other...


  • Toronto, Ontario, Canada Scotiabank Full time

    Requisition ID: 205789 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Model Validation & Approval area provides self-reliant and consistent model validation and approval across various risk types, including market risk, credit risk, operational risk, capital models and other key risk/financial...


  • Toronto, Canada Scotiabank Full time

       Requisition ID: 203166Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Model Validation & Approval area provides individual and consistent model validation and approval across various risk types, including market risk, retail/non-retail credit risk, operational risk, capital models, AML and...


  • Toronto, Canada Scotiabank Full time

       Requisition ID: 205789Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Model Validation & Approval area provides self-reliant and consistent model validation and approval across various risk types, including market risk, credit risk, operational risk, capital models and other key risk/financial...


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 205789 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Model Validation & Approval area provides self-reliant and consistent model validation and approval across various risk types, including market risk, credit risk, operational risk, capital models and other key...


  • Toronto, Ontario, Canada TD Bank Full time

    Work Location:CanadaHours:37.5Line of Business:Risk ManagementPay Details:We're committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.Job Description:*Department...


  • Toronto, Ontario, Canada Scotiabank Full time

    Job Title: AML Model Validation ManagerScotiabank is seeking a highly skilled AML Model Validation Manager to join our team. As a key member of our Model Validation & Approval area, you will be responsible for providing individual and consistent model validation and approval across various risk types.Key Responsibilities:Perform individual validation of AML...


  • Toronto, Ontario, Canada Scotiabank Full time

    Job Title: AML Model Validation ManagerScotiabank is seeking a highly skilled AML Model Validation Manager to join our team. As a key member of our Model Validation & Approval area, you will be responsible for providing individual and consistent model validation and approval across various risk types.Key Responsibilities:Perform individual validation of AML...


  • Toronto, Ontario, Canada Scotiabank Full time

    About the RoleThe AML Model Validation Manager will be responsible for ensuring the ongoing effectiveness of the AML model validation program at Scotiabank. This involves independently executing data management and model quality assurance testing/validation work according to the AML model validation frameworks.Key ResponsibilitiesModel Validation: Perform...

  • Senior Manager

    1 week ago


    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryAs a Senior Manager of Model Validation, you will play a critical role in ensuring the accuracy and reliability of our Financial Crime models. Your expertise will be instrumental in validating these models to ensure compliance with regulatory expectations, industry trends, and internal policies.Key ResponsibilitiesConduct thorough model validation...

  • Senior Manager

    1 week ago


    Toronto, Ontario, Canada Royal Bank of Canada Full time

    Job SummaryAs a Senior Manager of Model Validation, you will play a critical role in ensuring the accuracy and reliability of our Financial Crime models. Your expertise will be instrumental in validating these models to ensure compliance with regulatory expectations, industry trends, and internal policies.Key ResponsibilitiesConduct thorough model validation...


  • Toronto, Canada EQ Bank | Equitable Bank Full time

    Join a ChallengerBeing a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing...


  • Toronto, Canada EQ Bank | Equitable Bank Full time

    Join a ChallengerBeing a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing...


  • Toronto, Canada EQ Bank | Equitable Bank Full time

    Join a ChallengerBeing a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing...


  • Toronto, Canada EQ Bank | Equitable Bank Full time

    Join a ChallengerBeing a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing...


  • toronto, Canada EQ Bank | Equitable Bank Full time

    Join a ChallengerBeing a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing...


  • Toronto, Canada EQ Bank | Equitable Bank Full time

    Join a ChallengerBeing a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing...


  • Toronto, Ontario, Canada Scotiabank Full time

    Job SummaryWe are seeking a highly skilled AML Model Validation Manager to join our team at Scotiabank. As a key member of our Model Validation & Approval area, you will be responsible for providing individual and consistent model validation and approval across various risk types.Key ResponsibilitiesPerform individual validation of AML models across the...

Manager, Model Validation

3 months ago


Toronto, Canada Scotiabank Full time

Requisition ID: 170230

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

**Purpose of Job**:
The Model Validation & Approval area provides independent and consistent model validation and approval across various risk types, including market risk, credit risk, operational risk, treasury, capital models and other key risk/financial models.

**Responsibilities**:

- _
Support director/senior manager in the development of the work plan._
- _ Deliver validation assignments according to work plan._
- _ Undertake research and development of new validation techniques_
- _ Manage relationship with key contacts as identified for each validation request submission _
- _Comply with internal policies, procedures and regulatory requirements where applicable_
- _ Provide support to resolve outstanding audit and regulatory issues and to respond to ad hoc senior management and regulatory requests_
- _ Provide support to large-scale projects as required_
- _ Keep abreast of industry and regulatory developments and evolving expectations; develop relationships with counterparts at other financial institutions; provide ongoing peer benchmarking support_

**Job Requirements**:

- Advanced degree in Mathematics, Statistics, Econometrics, Physics, Computer Science, Financial Mathematics, Financial Engineering (Master and above), in combination with business education.
- Industry certification or credentials will be asset (e.g. MBA, CFA, FRM)
- Strong knowledge in statistics/probability/applied math. Proficiency in at least one of the statistical/numerical packages (SAS/MATLAB/R/Python).
- Ability to effectively utilize relational databases for data analysis, write complex SQL queries is an asset.
- Knowledge of data extraction and manipulation techniques is an asset.
- Prefer minimum of 1 years experience in quantitative/statistical analysis in model development or validation areas. Experience and working knowledge in regulatory capital parameters (i.e., PD, LGD, EAD), economic capital, and stress testing is beneficial.
- Effective project and time management in order to efficiently deliver concurrent projects with competing priorities in good quality.
- Be able to be independently deliver work assignments efficiently.
- Constructive conflict management ability; ability to collaborate effectively with model owner/sponsor counterparts as well as internal audit and regulators.
- Effective presentation and strong spoken and written communication skill is essential.

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.