Current jobs related to Risk Modeling Specialist - Toronto, Ontario - Scotiabank

  • Risk Modeling Specialist

    1 month ago

    Toronto, Ontario, Canada Scotiabank Full time

    Enterprise Stress Testing RoleScotiabank is seeking a highly skilled Risk Modeling Specialist to join our Enterprise Stress Testing team. As a key member of our team, you will be responsible for designing and running the Bank's stress testing program, focusing on credit risk stress testing of our portfolio.Key Responsibilities:Develop and implement credit...

  • Risk Modeling Specialist

    1 month ago

    Toronto, Ontario, Canada Scotiabank Full time

    Enterprise Stress Testing RoleScotiabank is seeking a highly skilled Risk Modeling Specialist to join our Enterprise Stress Testing team. As a key member of our team, you will be responsible for designing and running the Bank's stress testing program, focusing on credit risk stress testing of our portfolio.Key Responsibilities:Develop and implement credit...

  • Risk Modeling and Analytics Specialist

    2 weeks ago

    Toronto, Ontario, Canada BMO Full time

    Job SummaryWe are seeking a highly skilled Risk Modeling and Analytics Specialist to join our team at BMO. In this role, you will be responsible for applying mathematical and statistical methods to financial and risk management problems, conducting research, and creating tools that use data to develop scenario-based planning and implement complex...

  • Risk Modeling Specialist

    1 month ago

    Old Toronto, Ontario, Canada JANA Full time

    About JANAJANA is a leading provider of advanced risk modeling technologies for gas pipeline systems. Our mission is to empower gas pipeline operators to make informed decisions and reduce risk in their systems.Our ApproachWe take a comprehensive approach to risk modeling, combining advanced technologies with defensible and highly predictive models. Our...

  • Risk Modeling Specialist

    1 month ago

    Old Toronto, Ontario, Canada JANA Full time

    About JANAJANA is a leading provider of advanced risk modeling technologies for gas pipeline systems. Our mission is to empower gas pipeline operators to make informed decisions and reduce risk in their systems.Our ApproachWe take a comprehensive approach to risk modeling, combining advanced technologies with defensible and highly predictive models. Our...

  • Quantitative Risk Modeling and Analytics Specialist

    4 weeks ago

    Toronto, Ontario, Canada BMO Full time

    Job SummaryWe are seeking a highly skilled Quantitative Risk Modeling and Analytics Specialist to join our team at BMO. As a key member of our Data Analytics and Risk Management group, you will be responsible for developing and implementing advanced risk models and analytics solutions to support our business strategy.Key ResponsibilitiesDevelop and maintain...

  • Risk Modeling Director

    3 weeks ago

    Toronto, Ontario, Canada OMERS Full time

    Empower Your Impact with OMERSAt OMERS, we're committed to creating a workplace where employees thrive. We're a purpose-driven, dynamic, and sustainable pension plan that embodies the values of our 600,000+ members. Our goal is to support the achievement of OMERS business objectives by overseeing the actions undertaken by Management to address key...

  • Risk Modeling Director

    3 weeks ago

    Toronto, Ontario, Canada HOOPP Thames Limited Full time

    Director, Model DevelopmentAt HOOPP Thames Limited, we are seeking a highly skilled and experienced Director, Model Development to join our team. As a key member of our risk management team, you will be responsible for the oversight of valuation models that underpin market, credit, and liquidity risk measurement.Key Responsibilities:Manage the development...

  • Pipeline Risk Modeler

    4 weeks ago

    Toronto, Ontario, Canada JANA Full time

    About JANAJANA is a leading provider of advanced risk modeling technologies for gas pipeline systems. Our mission is to empower pipeline operators to make informed decisions and reduce risk in their systems.Our ApproachWe take a holistic approach to risk management, combining cutting-edge modeling technologies with industry expertise. Our models and software...

  • Risk Model Manager

    4 days ago

    Toronto, Ontario, Canada The Toronto-Dominion Bank (Canada) Full time

    Risk Model Manager Job SummaryTD is seeking a skilled Risk Model Manager to support the Model Risk Management (MRM) Compliance effort for the Risk Rating System. The successful candidate will be responsible for mapping the full Risk Rating process workflow, testing implemented logic, and reviewing monitoring procedures and controls.Key ResponsibilitiesWork...

  • Senior Risk Modeler

    3 weeks ago

    Toronto, Ontario, Canada Financeit Full time

    About FinanceitFinanceit is a leading point-of-sale financing provider serving top home improvement and retail organizations in Canada. Our platform empowers businesses to close more sales by offering customers affordable monthly payment options for their next big home improvement, vehicle, or retail purchase.Job DescriptionWe are seeking a skilled VP Credit...

  • Risk Modeling Director

    1 month ago

    Old Toronto, Ontario, Canada HOOPP Thames Limited Full time

    Director, Risk Modeling & DevelopmentJob Summary:The Director, Risk Modeling & Development will oversee the development and maintenance of risk models that underpin market, credit, and liquidity risk measurement. This role will contribute to the development and validation of risk models, primarily for market risk, exposure measurement, and country and FX...

  • Risk Modeling Director

    1 month ago

    Old Toronto, Ontario, Canada HOOPP Thames Limited Full time

    Director, Risk Modeling & DevelopmentJob Summary:The Director, Risk Modeling & Development will oversee the development and maintenance of risk models that underpin market, credit, and liquidity risk measurement. This role will contribute to the development and validation of risk models, primarily for market risk, exposure measurement, and country and FX...

  • Risk Modeling Director

    2 months ago

    Old Toronto, Ontario, Canada HOOPP Thames Limited Full time

    {"h3>About HOOPP Thames Limited\/h3>About Us\/b>At HOOPP Thames Limited, we are committed to providing our members with a stable and reliable pension.\/p>We are a leading pension plan in Canada, serving over 460,000 members.\/p>Our team is dedicated to delivering exceptional service and support to our members.\/p>We are seeking a highly skilled and...

  • Risk Modeling Director

    2 months ago

    Old Toronto, Ontario, Canada HOOPP Thames Limited Full time

    {"h3>About HOOPP Thames Limited\/h3>About Us\/b>At HOOPP Thames Limited, we are committed to providing our members with a stable and reliable pension.\/p>We are a leading pension plan in Canada, serving over 460,000 members.\/p>Our team is dedicated to delivering exceptional service and support to our members.\/p>We are seeking a highly skilled and...

  • Risk Modeling Director

    2 months ago

    Old Toronto, Ontario, Canada HOOPP Thames Limited Full time

    {"h3>About HOOPP Thames Limited\/h3>About Us\/b>HOOPP Thames Limited is a leading provider of risk management solutions, serving over 460,000 members across Canada. We are committed to delivering exceptional results and fostering a culture of excellence in risk modeling and development.Job Summary:\/b>The Director of Risk Modeling will be responsible for...

  • Risk Modeling Director

    2 months ago

    Old Toronto, Ontario, Canada HOOPP Thames Limited Full time

    {"h3>About HOOPP Thames Limited\/h3>About Us\/b>HOOPP Thames Limited is a leading provider of risk management solutions, serving over 460,000 members across Canada. We are committed to delivering exceptional results and fostering a culture of excellence in risk modeling and development.Job Summary:\/b>The Director of Risk Modeling will be responsible for...

  • Risk Modeling Director

    3 weeks ago

    Old Toronto, Ontario, Canada HOOPP Thames Limited Full time

    Director, Risk Modeling & DevelopmentAt HOOPP Thames Limited, we are seeking a highly skilled Director to lead our risk modeling and development efforts. As a key member of our team, you will be responsible for overseeing the development and validation of risk models, including data extraction and database design.Key Responsibilities:Manage the development...

  • Risk Modeling Director

    2 months ago

    Old Toronto, Ontario, Canada HOOPP Thames Limited Full time

    Director, Risk Modeling and DevelopmentAbout the Role:We are seeking a highly skilled Director to lead our risk modeling and development efforts. As a key member of our team, you will be responsible for overseeing the development and maintenance of risk models that underpin market, credit, and liquidity risk measurement.Key Responsibilities:Manage the...

  • Risk Modeling Director

    2 months ago

    Old Toronto, Ontario, Canada HOOPP Thames Limited Full time

    Director, Risk Modeling and DevelopmentAbout the Role:We are seeking a highly skilled Director to lead our risk modeling and development efforts. As a key member of our team, you will be responsible for overseeing the development and maintenance of risk models that underpin market, credit, and liquidity risk measurement.Key Responsibilities:Manage the...

Risk Modeling Specialist

2 months ago

Toronto, Ontario, Canada Scotiabank Full time
Enterprise Stress Testing Role

Scotiabank is seeking a highly skilled Risk Modeling Specialist to join our Enterprise Stress Testing team. As a key member of our team, you will be responsible for designing and running the Bank's stress testing program, with a focus on credit risk stress testing of our portfolio.

Key Responsibilities:
  • Develop and implement credit risk models using technology platforms, primarily utilizing Python, to forecast credit rating migration probabilities and project point-in-time values for Probability of Default (PD) and Loss Given Default (LGD) as a function of macroeconomic variables.
  • Optimize code repositories to ensure they can be effectively executed in the operational/production environment to produce stress testing Expected Credit Loss (ECL) and Risk-Weighted Assets (RWA) results in a timely manner.
  • Build Power BI dashboards and other visualization tools to support analysis across multiple macroeconomic scenarios and provide a holistic view of the credit portfolio's performance during stress.
  • Collaborate with model validation, internal audit, and other model development teams to ensure stress testing models are compatible and up to date with industry best practices.
  • Perform supplementary analysis and construct overlay methodologies to consider emerging risk themes, such as climate risk, geopolitical tensions, and high consumer indebtedness.
  • Ensure compliance with applicable regulations and provide necessary information and ad-hoc analysis to regulators as required.
Requirements:
  • Advanced degree in Statistics, Economics, Finance, Mathematics, Data Science, or other related quantitative discipline.
  • Advanced quantitative modeling skills, including experience with Python, Spark, and version control software.
  • Working knowledge of basic Linux or UNIX systems and experience with large datasets and optimization of code.
  • Experience in credit risk modeling related to PD and/or LGD, stress testing, and financial modeling.
  • Strong communication skills and ability to present analytical findings and business insights.
What We Offer:
  • A rewarding career path with diverse opportunities for professional development and exposure to multiple aspects of the bank's financial profile.
  • A competitive compensation and benefits package, as well as a collaborative and inclusive working environment that encourages creativity and curiosity.
  • The opportunity to join a forward-thinking company surrounded by a collaborative team of innovative thinkers and make a difference in our communities.