Model Risk Governance Lead | Enterprise Oversight & Strategy

Scotiabank; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

A leading financial institution in Toronto is seeking an experienced individual for model risk management. The role involves designing documentation, developing monitoring frameworks, and managing stakeholder relationships. Ideal candidates will have a Bachelor’s degree and 5+ years of relevant experience in risk management. This position offers a rewarding career path with extensive opportunities for growth and a competitive compensation package.

Benefits

Competitive rewards package

Performance bonus

Professional development opportunities

Medical, vision, and dental benefits

Qualifications

• 5+ years of related experience in risk management, preferably in model risk management.
• Strong understanding of model risk management principles.
• Proficiency in data analysis and reporting tools such as SQL and Power BI.

Responsibilities

• Lead the design, review, and enhancement of the Bank’s Model Risk Management documentation.
• Drive the development of model performance monitoring frameworks.
• Manage relationships with material subsidiaries and international markets.

Skills

Risk management

Data analysis

Model risk management principles

Regulatory frameworks

SQL

Power BI

Python

Analytical skills

Communication skills

Education

Bachelor’s degree in Business, Data Science, Mathematics, Economics or related fields

Tools

Power BI

SQL

Excel

VBA

R

Python

Job description

A leading financial institution in Toronto is seeking an experienced individual for model risk management. The role involves designing documentation, developing monitoring frameworks, and managing stakeholder relationships. Ideal candidates will have a Bachelor’s degree and 5+ years of relevant experience in risk management. This position offers a rewarding career path with extensive opportunities for growth and a competitive compensation package.