Senior ALM Modeling Lead - IRRBB & Analytics

Scotiabank; Toronto; On-site; CAD 125,000 - 150,000; Full time

Job summary

A leading Canadian bank is looking for a candidate to join their ALM Modeling Team. The role involves modeling assets and liabilities, collaborating with teams to develop bespoke models, and presenting analyses to senior management. Ideal for those with a quantitative background, the position offers extensive training and a competitive rewards package, including health benefits and career development opportunities.

Benefits

Performance bonus

Employee Share Ownership Program

Health Benefits from day one

Work-life balance

Career development opportunities

Qualifications

• Knowledge of asset and liability management and modeling experience in risk management or derivatives pricing.
• Solid mathematical background with problem-solving skills.
• Experience in managing and pushing forward projects.

Responsibilities

• Model the balance sheet using historical and exogenous data.
• Present model analysis and proposals to stakeholders and senior management.
• Design and code models following software best practices.

Skills

Quantitative modeling background

Interest rate risk modeling

Strong programming knowledge

Cross-functional collaboration

Effective communication skills

Education

Graduate degree in physics, engineering, mathematics, or equivalent

Tools

Python

Job description

A leading Canadian bank is looking for a candidate to join their ALM Modeling Team. The role involves modeling assets and liabilities, collaborating with teams to develop bespoke models, and presenting analyses to senior management. Ideal for those with a quantitative background, the position offers extensive training and a competitive rewards package, including health benefits and career development opportunities.