Senior Manager, IFRS 9 Modelling

Title: Senior Manager, IFRS 9 Modelling & Analytics, Enterprise Stress Testing Requisition ID: 248237 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Contributes to the overall success of Enterprise Stress Testing’s IFRS 9 analytics and modelling function in Canada, ensuring specific individual goals, plans, initiatives are executed / delivered in support of the team’s business strategies and objectives. Ensures all activities conducted are in compliance with governing regulations, internal policies and procedures. Is this role right for you? In this role, you will: - Champions a customer focused culture to deepen client relationships and leverage broader Bank relationships, systems and knowledge. - Support senior committee approval of IFRS 9 models, macroeconomic scenarios, and scenario probability weights by measuring and explaining changes in expected credit losses (ECLs) arising from changes to models and macroeconomic conditions. - Support Global Retail Provisions by performing detailed attribution of changes in ECLs to macroeconomic and portfolio composition changes, ECL sensitivity analysis, and occasional ad hoc analysis. - Maintain and improve our analytics processes and documentation. - Work with model developers and IT partners to implement IFRS 9 models in GCP or other Bank systems. - Ensure accuracy of model outputs by performing quarterly SOX controls and supporting internal and external audit reviews. - Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions. - Actively pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk. - Champions a high performance environment and contributes to an inclusive work environment. Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have: - An advanced degree in Computer Science, Engineering, Mathematics, Physics, Engineering or other quantitative discipline - Domain expertise in retail credit risk and IFRS 9 provisioning - 5+ years of Python programming experience including pandas, pyspark, and data visualization - 3+ years developing and running processes in Linux - 2+ years of experience with R, Google Cloud Platform, and Git for collaborative development and software version control Nice to have : - 2+ years managing a small team (1 to 3 direct reports) - Power user of Microsoft Office (Excel, Word, PowerPoint) What’s in it for you? - An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success - We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one - Your career matters You will have access to career development and progression opportunities. 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. At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here . Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted. #J-18808-Ljbffr