Manager, Enterprise Stress Testing

5 months ago


Toronto, Canada Scotiabank Full time

Requisition ID: 188534

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

**Purpose of Job**:
**Responsibilities**:

- Develop and maintain the Pre-provision net revenue (PPNR) models for the wholesale and retail portfolios using technology platforms, primarily in Python and R. The models will assess the impact of macroeconomic scenarios and contagion events, using internal expertise and historic information. The scope is over all revenue-generating products, including retail, non-retail and wealth. Primary (but not exclusive) drivers which need to be projected are business volumes and margins.
- Develop and implement regression models using highly developed technical skills for projecting revenue as a function of macro-economic time series variables
- Effectively inform and document model approaches, assumptions, model inputs used and modelling processes; work with the Model Validation team to assure timely and satisfactory validation
- Assist other stress testing staffs by providing and explaining the model results, collaborating with all business lines to discuss model output overlays
- Respond to inquiries from regulators, Audit and executive management about modelling results and techniques and any limitations or assumptions embedded in the models
- Execute and enhance the production runs for stress testing exercises
- Develop and maintain the technology platform for data visualization and enhanced review process

**Job Requirements**:

- Advanced degree in Economics, Finance, Statistics, Mathematics, Engineering or other related quantitative discipline. Some knowledge of accounting preferred. Excellent statistical skills, some experience within risk management, preferably in a model development role
- Proficiency in Python, R or related programming languages and platforms
- Advanced quantitative modeling skills (e.g., advanced statistical models, econometric models)
- Designation such as FRM, PRM or CFA are desirable
- The types of results produced by the models will cover a broad range of measures used in the Bank, such as capital, PCL and liquidity. Therefore the position requires a high degree of adaptability and the ability to learn new concepts quickly
- The incumbent should have strong communication skills. The position requires an ability to efficiently interact and inform with many stakeholders across of a variety of areas
- Working knowledge of basic Linux or UNIX systems is desired. Experience with version control software (Git, SVN etc.) is an asset

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.



  • Toronto, Ontario, Canada Equitable Bank Full time

    Job DescriptionWe are seeking a highly skilled Enterprise Stress Testing Manager to join our team at Equitable Bank.Job SummaryThe successful candidate will lead the development and implementation of stress testing programs, working closely with senior management to drive business decisions.Key ResponsibilitiesStress Scenario Development (20%)Design,...


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 207881 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Enterprise Stress Testing's ("EST") mandate is to design and run the Bank's stress testing program. We need a strong individual to help with credit risk stress testing of the Bank's portfolio. You will get the opportunities...


  • Toronto, Canada EQ Bank | Equitable Bank Full time

    **The Work** The Associate Director of Stress Testing reports directly to the Director of Risk Operations and Analytics. In this role, the incumbent will assume responsibility for supporting the co-ordination, development, and execution of stress testing programs, including Enterprise-Wide Stress Testing (EWST), OSFI Macro Stress Testing (MST), Internal...


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 196886 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Manager, Liquidity Stress Testing will contribute to the overall success of the Liquidity Stress Testing Management team within Group Treasury in Toronto ensuring specific individual goals, plans, initiatives are executed /...


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 207881Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.Enterprise Stress Testing's ("EST") mandate is to design and run the Bank's stress testing program. We need a strong individual to help with credit risk stress testing of the B


  • Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** RBC is hiring a Manager of Stress Testing Analytics. This role will be responsible for the implementation and execution of stress test tools supporting the data generation and aggregation for various internal and regulatory stress testing programs, working with RBC economics to produce economic projections, building analytical tools and...


  • Toronto, Canada Equitable Bank Full time

    Core Parts Of The Role Would Br TStress Scenarios (20%)Design, develop, and maintain a process to identify risks including emerging risk and market sentiment. Design, develop, and maintain a process to define stressed scenarios appropriate for EWST, ICAAP, and recovery plan. Lead the co-ordination of stressed scenario forecasts and oversee the narrative of...


  • Toronto, Canada Scotiabank Full time

       Requisition ID: 211231Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The successful candidate will help develop models for the Bank’s balance sheet and income statement projection across all major products and business lines. The resulting models will be used for various regulatory and internal...


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 190766 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose of Job**: **Responsibilities**: - Participate in the activities of the Enterprise-wide Stress Test project, including project planning and execution - Work as a key contact person to work with Credit Risk Stress Test team...


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 207881 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Is this role right for you? In this role you, will**: - Develop and implement the credit risk models using technology platforms, primarily utilizing Python. It involves models that forecast credit rating migration probabilities...


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 208684 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director, Liquidity Stress Testing will enhance the Liquidity Management role within Group Treasury by providing thought leadership and guidance on the development of internal stress scenarios & corresponding assumptions. The...


  • Toronto, Canada Royal Bank of Canada Full time

    **Job Summary** RBC is hiring an Associate Director of Stress Testing Analytics. This role will be responsible for the development and implementation of stress test tools supporting the data generation and aggregation for various internal and regulatory stress testing programs, working with RBC economics to produce economic projections, building analytical...


  • Toronto, Canada Scotiabank Full time

       Requisition ID: 208684Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Director, Liquidity Stress Testing will enhance the Liquidity Management role within Group Treasury by providing thought leadership and guidance on the development of internal stress scenarios & corresponding assumptions....


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 211231 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Is this role right for you? In this role, you will**: - Develop and maintain the Pre-provision net revenue (PPNR) models for the wholesale and retail portfolios using technology platforms, primarily in Python and R. These models...


  • Toronto, Ontario, Canada Scotiabank Full time

    We're seeking a Credit Risk Stress Testing Specialist to develop and implement credit risk models using Python, optimize code repositories, and build Power BI dashboards to support analysis across multiple macroeconomic scenarios. The ideal candidate will have advanced degree in Statistics, Economics, Finance, Mathematics, Data Science, or related field, and...


  • Toronto, Canada TD Bank Full time

    **Work Location**: Canada **Hours**: 37.5 **Line of Business**: Data & Analytics **Pay Details**: **Department Overview** **The Treasury and Balance Sheet Management (TBSM) department of TD Bank Group is responsible for the management of TD Bank's consolidated non-trading market risk, foreign exchange risk, liquidity risk, funding strategies, and capital...


  • Toronto, Canada BMO Financial Group Full time

    100 King Street West Toronto Ontario,M5X 1A1 Supports the research and development of stress testing and scenario analysis methodologies and related strategies in support of the management of risks arising from changes in the market and external environment for business/group portfolios and products. Applies knowledge of analytics algorithms and...


  • Toronto, Canada Scotiabank Full time

    Requisition ID: 201710 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Is this role right for you? In this role you, will**: - Develop and implement the credit risk models using technology platforms, primarily utilizing Python, R and SQL. It involves models that forecast credit rating migration...


  • Toronto, Canada BMO Financial Group Full time

    100 King Street West Toronto Ontario,M5X 1A1 Supports the research and development of stress testing and scenario analysis methodologies and related strategies in support of the management of risks arising from changes in the market and external environment for business/group portfolios and products. Applies knowledge of analytics algorithms and...


  • Toronto, Canada Radware Bot Manager Full time

    Enterprise Regional Sales Manager - Toronto - (24000029) **What is the job**: - Prospect for new accounts across all verticals of Financial, Ecommerce, EDU, Gaming and Enterprise - Farm the regional base of active customers - up-selling and cross-selling. - Manage accounts to maintain a strong relationship with Radware and to keep them constantly appraised...