IFRS 9 & CECL Modeling Lead

Scotiabank; Toronto; On-site; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive compensation

Inclusive culture

Job summary

Scotiabank is seeking a Manager of Credit Risk Modelling and Analytics for the Enterprise Stress Testing program in Toronto. The role focuses on IFRS 9 and CECL modelling, analytics, and reporting for the Business Banking portfolio.

You will lead development, validation coordination, and governance of risk models, working with Finance, Compliance, and Audit teams. The role emphasizes strong Python and data visualization skills, collaboration with stakeholders, and adherence to regulatory risk

Qualifications

• Predictive modelling or machine learning and statistical skills from a quantitative program.
• Excellent computing and programming skills; Python proficiency required.
• Strong communication with stakeholders across functions; ability to summarize and display data.

Responsibilities

• Develop credit risk models for the Business Banking portfolio (IFRS 9/CECL).
• Build and automate processes for quarterly results, SOX controls, and regulatory reporting.
• Collaborate with model validation, governance, and technology teams for model deployment and disclosures.
• Support Enterprise-Wide Stress Testing and ad hoc analyses.
• Document models and ensure alignment with risk appetite and regulatory frameworks.

Skills

Predictive modelling

Machine learning

Python

Linux/UNIX

Git

Communication

Power BI

Excel

FRM/CFA credentials

Education

Graduate degree in quantitative discipline

Tools

Git

Power BI

Excel

Job description

Scotiabank is seeking a Manager of Credit Risk Modelling and Analytics for the Enterprise Stress Testing program in Toronto. The role focuses on IFRS 9 and CECL modelling, analytics, and reporting for the Business Banking portfolio.

You will lead development, validation coordination, and governance of risk models, working with Finance, Compliance, and Audit teams. The role emphasizes strong Python and data visualization skills, collaboration with stakeholders, and adherence to regulatory risk