Enterprise Stress Testing Lead — Credit Risk Modeling

Scotiabank Global Site; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading financial institution in Toronto is seeking a Credit Risk Stress Testing Specialist to design and implement stress testing models for its retail portfolio. The ideal candidate will have expertise in quantitative modeling, proficiency in Python, and a strong analytical mindset. This role offers a competitive rewards package including bonuses and career development opportunities in a collaborative environment.

Benefits

Performance bonus

Employee Share Ownership Program

Pension Plan

Matching Health Benefits

Qualifications

• Proven expertise in quantitative modeling including statistical analysis and data science techniques.
• Hands-on experience in credit risk modeling related to Probability of Default (PD) and Loss Given Default (LGD).
• Strong communication skills to convey analytical insights.

Responsibilities

• Design and develop credit risk stress testing models for retail portfolio.
• Generate stress testing results under various macroeconomic scenarios.
• Prepare and deliver stress testing reports to stakeholders.

Skills

Quantitative modeling

Statistical analysis

Machine learning

Python

Large dataset management

Credit risk modeling

Communication skills

Education

Advanced degree in Statistics, Economics, Finance, Mathematics, or Data Science

Tools

Python

Spark

Linux or UNIX systems

Git or Bitbucket

Job description

A leading financial institution in Toronto is seeking a Credit Risk Stress Testing Specialist to design and implement stress testing models for its retail portfolio. The ideal candidate will have expertise in quantitative modeling, proficiency in Python, and a strong analytical mindset. This role offers a competitive rewards package including bonuses and career development opportunities in a collaborative environment.