Model maker Jobs in Toronto, ON

Requisition ID : 244367

Join to apply for the Manager, Model Validation role at Scotiabank

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

Responsibilities

• Assist Director / Senior Manager and / or independently validate and / or review of Market risk capital models, counterparty credit risk capital models, trade surveillance model and the market risk / counterparty credit risk related stress testing models.
• Perform detailed quantitative and technical review of models, including responsibility of designing the validation framework, research on appropriate statistical / mathematical technical tests, coding / programming to analyze various aspects of model implementation and performance.
• Responsible for the review of all necessary documentations related to validation assignments, including reviewing documentation of work assignments under the incumbent's supervision; ensuring accuracy and completeness of archived information and related documentation to allow independent third-party review of the validation work performed.
• Undertake research and development of new validation techniques.
• Comply with internal policies, procedures and regulatory requirements where applicable.
• Provide reports for the summary of findings and recommendation to Senior Manager or Director.
• Manage relationships and communications with key stakeholders as identified for each validation request submission.
• Provide active and direct support to resolve outstanding audit and regulatory issues and respond to ad hoc senior management and regulatory requests.

Qualifications

What's in it for you?

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.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Other

Industries

Banking

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.

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