Director Model Monitoring Data & Analytics

Scotiabank; Toronto; Hybrid; CAD 140,000 - 210,000; Full time

Benefits offered by this job

Performance bonus

Employee Share Ownership Program

Pension Plan Matching

Health Benefits from day one

Job summary

Scotiabank seeks a Director, Model Monitoring & Data, Retail and Small Business Models & Analytics to steer data-enabled model oversight for risk decisioning and regulatory capital models. You will lead a team of data professionals, set priorities, coach staff, and drive timely investigations, reporting and monitoring of model performance.

You will collaborate with Model Developers and Risk Technology to ensure data quality, governance, and robust analytics capabilities across life cycle data

Qualifications

• Bachelor’s degree in a STEM or related field and strong analytical/problem-solving abilities.
• Proven leadership experience delivering large, complex data-driven initiatives.
• Strong understanding of data quality, governance and risk reporting requirements.

Responsibilities

• Oversee design and maintenance of data infrastructure for model reporting and insights.
• Lead monthly/quarterly/annual model execution and performance reporting.
• Engage with Risk, Business and Tech stakeholders to manage data/model changes.
• Guide data strategy, data marts, self-serve analytics and reporting for model development life cycle.
• Identify and implement process improvements, automation, and AI-enabled quality controls.
• Collaborate across departments to ensure timely delivery and alignment with regulatory and internal policies.

Skills

Strategic leadership

Data governance & quality

Model monitoring

Data infrastructure

Stakeholder management

AI & automation awareness

Communication skills

Education

Bachelor’s Degree in STEM or related field

Tools

PowerBI

Tableau

JIRA/Xray

Job description

Select how often (in days) to receive an alert:

Select how often (in days) to receive an alert:

Please be advised that our Careers site will be unavailable from November 28 at 12am ET to November 29 12am ET for scheduled system maintenance.

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

As the Director, Model Monitoring & Data, Retail and Small Business Models & Analytics, you will provide strategic direction, leadership and oversight of data-related model enablement activities supporting the Bank’s Retail and Small Business credit risk decisioning and regulatory capital models. Under your guidance, your team of data, reporting, and analytical professionals will support model monitoring and data initiatives for all Retail and Small Business risk models, ensuring timely investigation, reporting, documentation and monitoring of model performance to ensure models continue to execute and perform as expected. You will be responsible for setting priorities, leading by example, coaching, mentoring and ultimately, delivering results.

Is this role right for you? In this role, you will:

• Oversee the design, development and maintenance of data infrastructure supporting model reporting and insights. Enhance data quality and transparency by identifying, collecting, and standardizing source information systems across the department in compliance with governing regulations, internal policies and procedures, ensuring a robust data management and tooling framework supporting model monitoring, insights to assist model lifecycle activities, and other ad hoc analytics.
• Lead the design, development, execution and maintenance of monthly/quarterly/annual model execution and performance reports and dashboards, ensuring reports are supported by detailed documentation and delivered in a timely manner.
• Actively engage with Risk, Business and Technology stakeholders to understand changes to data or models that may impact model enablement activities. Proactively identify potential areas of data quality concerns or performance deterioration, support deeper dive investigations, and provide actionable insights to support Model Developers and Owners in remediation actions.
• Collaborate with Model Developers, Data Strategy & Risk Technology, and Technology teams to provide guidance and expertise on data, information infrastructure, and capabilities requirements necessary to assist model development activities, model life cycle data marts, self-serve analytics and reporting in a timely and efficient manner, and that these requirements continue to meet the evolving needs of the department.
• Identify, promote and lead process improvements including streamlining, automating, and standardizing processes. Lead and explore opportunities to leverage AI and automation for greater quality control, insights and efficiencies.
• Support data, platform, and tools initiatives within Retail and Small Business Models & Analytics in collaboration with Model Development teams in support of internal and/or broader Bank (e.g., Enterprise, GRM) initiatives.
• Interact closely with cross-functional working groups from both business and technical sides to ensure understanding of business requirements, propose solutions, gain approvals and obtain buy‑ins to ensure the above gets executed. Build a high-performance environment and implement a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vision/values/business strategy; and, managing succession and development planning for the team.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

• Bachelor’s Degree in STEM discipline (Science, Technology, Engineering and Mathematics), Business Administration or a related field
• A demonstrated history of strategic planning, technical and data leadership, analytic problem solving and sound judgment delivering both “quick wins” and “enduring quality”
• Fundamental understanding of mathematical models, forecasting and statistics
• Knowledge of Retail and Small Business origination, portfolio management, and collection models, policies, processes, and systems
• Knowledge of data management and risk decision systems in addition to background in Retail Risk Management concepts and needs
• Experience with data quality management, Big Data ecosystem tools, and implementing visualization tools (e.g., PowerBI, Tableau)
• Experience with JIRA/Xray or other test management/workflow tools
• Excellent interpersonal, relationship building and communication skills (written and verbal). Comfortable initiating conversation, actively listening and collaborating with diverse personalities
• Established leadership skills with ability to lead large teams and deliver on large-scale projects
• Excellent analytical problem solving, time management, planning and organizing skills to manage multiple priorities and deliver quickly under pressure as work is normally conducted under tight deadlines and with conflicting/multiple priorities.

What’s in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.

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.

If you require technical assistance, please click here .

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.