Manager, Model Development

5 days ago


Old Toronto, Ontario, Canada Scotiabank Full time
Job Summary

We are seeking a highly skilled and experienced Manager to join our Risk Modeling and Analytics team at Scotiabank. As a Manager, you will be responsible for leading a team of risk modeling experts in developing advanced risk prediction and loss estimation forecasting models.

Key Responsibilities
  • Lead a team of risk modeling experts in developing and maintaining advanced risk prediction and loss estimation forecasting models
  • Collaborate with stakeholders and internal partners to understand business requirements and translate them into model development
  • Develop and maintain a deep understanding of credit risk models, scorecards, and regulatory requirements
  • Work with big data platforms and integration tools to develop and deploy models
  • Ensure model performance and governance, and provide high-quality documentation and communication to stakeholders
Requirements
  • Bachelor's Degree in Mathematics, Computer Science, Engineering, or an equivalent technical field
  • 2+ years of experience in analytic roles developing and using predictive, risk, and/or forecasting models
  • Strong fundamental understanding of statistics and programming languages (Python, R, SAS, etc.)
  • Experience with big data platforms and integration tools (Hadoop, Spark, Hive, Avro)
  • Knowledge of credit risk models and scorecards
Preferred Qualifications
  • Proficient reading, writing, and speaking Spanish
  • Experience with credit risk forecasting and/or financial reporting frameworks
  • Experience working within loss forecasting, AIRB, or IFRS9 frameworks
  • Domain expertise with retail and small business banking products and/or risk management practices
  • FRM, CFA credentials
What We Offer
  • Inclusive and collaborative work environment
  • Access to thousands of online and in-person courses for skill development
  • Competitive rewards package, including base salary, performance bonus, and benefits


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