Retail Credit Stress Testing Lead — Global Risk

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

Job summary

A leading financial institution is seeking a Senior Manager for Retail Stress Testing in Toronto. This role involves developing and analyzing credit risk stress testing models that influence business strategy. The ideal candidate will have an advanced degree in a quantitative field and expertise in programming, particularly Python. Competitive benefits include performance bonuses, health benefits, and career development opportunities.

Benefits

Performance bonus

Employee Share Ownership Program

Pension Plan Matching

Health Benefits from day one

Qualifications

• Advanced modeling skills, e.g., statistical models, machine learning.
• Experience with large datasets and optimization of code.
• Stress testing experience is desirable.

Responsibilities

• Lead the design and development of stress testing models.
• Validate accuracy of model outputs and develop visualization tools.
• Collaborate across teams to ensure model compliance.

Skills

Advanced quantitative modeling skills

Experience with Python

Experience in credit risk modeling

People management experience

General knowledge of a bank's financial statement

Education

Advanced degree in Statistics, Economics, Finance, or related discipline

Tools

Python

Git

Basic Linux/UNIX

Job description

A leading financial institution is seeking a Senior Manager for Retail Stress Testing in Toronto. This role involves developing and analyzing credit risk stress testing models that influence business strategy. The ideal candidate will have an advanced degree in a quantitative field and expertise in programming, particularly Python. Competitive benefits include performance bonuses, health benefits, and career development opportunities.