Drive quantitative analysis as a Senior Model Validation Manager at Scotiabank in Toronto. Oversee independent validations of models to ensure compliance and enhance financial risk management practices.
This role demands your expertise in assessing methodologies and performing quantitative tests to evaluate the effectiveness of risk models. You'll work across various teams to communicate findings and propose improvements, maintaining high standards of documentation and internal compliance.
Key Responsibilities:
- Lead independent validations of key risk models
- Conduct technical reviews, sensitivity analysis, and benchmarking
- Engage with stakeholders on model purpose and limitations
- Ensure thorough documentation for regulatory review
- Collaborate on continuous improvement and best practices
Requirements:
- Advanced degree in a quantitative discipline
- 2–3 years of experience in model validation in a financial setting
- Strong knowledge of model risk management regulations
- Proficiency in programming languages and analytical tools
- Strong communication and problem-solving abilities
Be an integral part of Scotiabank's commitment to achieving excellence in model risk validation.
Senior Model Validation Manager Role in Toronto employer: Scotiabank
Scotiabank is an exceptional employer that fosters a purpose-driven and inclusive culture, making it an ideal place for professionals seeking to excel in the financial services industry. With a strong focus on employee growth, you will have access to comprehensive training and development opportunities while working alongside senior leadership in a collaborative environment. Located in vibrant cities like Calgary and Vancouver, you will enjoy a dynamic work-life balance and the chance to make a meaningful impact on ultra-high net worth clients across Canada and internationally.
