Director - Credit Risk Model Validation & Oversight

Scotiabank; Toronto; On-site; CAD 120,000 - 150,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Director in Model Validation to oversee credit risk assessment validation. The role involves leading a team, ensuring compliance, and managing a portfolio of credit risk models. Ideal candidates will have significant experience in credit risk modeling and regulatory compliance, with a background in quantitative methods. Competitive compensation and benefits offered.

Benefits

Performance bonus

Employee Share Ownership Program

Pension Plan Matching

Health Benefits from day one

Qualifications

• 7+ years of experience in credit risk modeling at a major financial institution.
• 3+ years of people management experience.
• Ability to manage multiple projects and meet deadlines.

Responsibilities

• Lead validation of credit risk decisioning models.
• Manage portfolio of credit risk assessment models.
• Ensure timely compliance with internal policies and regulatory requirements.

Skills

Credit risk modelling

Regulatory compliance

People management

Statistical analysis

Interpersonal skills

Problem solving

Spanish fluency

Education

Masters or PhD in quantitative/statistical methods

Job description

A leading financial institution in Toronto is seeking a Director in Model Validation to oversee credit risk assessment validation. The role involves leading a team, ensuring compliance, and managing a portfolio of credit risk models. Ideal candidates will have significant experience in credit risk modeling and regulatory compliance, with a background in quantitative methods. Competitive compensation and benefits offered.