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Scotiabank1 day ago

Manager, Model Development (12-month contract)

On-site · Toronto, Ontario, Canada

Type
Contract
Level
Mid Level
Education
Masters Degree
Company size
Enterprise

Job Summary

Manager, Model Development responsible for designing, implementing, and maintaining models for Business Banking Borrower Risk Ratings (including PD, LGD, EAD, and UGD), ensuring OSFI compliance, supporting regulators, and providing model analytics and user support. Will perform data mining, statistical analysis, and quantitative/qualitative analyses; develop methodologies for monitoring model performance; maintain documentation; communicate model usage and limitations to Credit and Banking groups; collaborate with Enterprise Risk, RRGC, Internal Audit, and Model Validation; and stay abreast of regulatory requirements and industry best practices. Location: Toronto, Ontario, Canada. 12-month contract.

Required Qualifications

  • Minimum Master’s degree or equivalent in a quantitative discipline—science, technology, engineering mathematics, or quantitative finance.
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Scotiabank

Manager, Model Development (12-month contract)

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