Senior Reverse Mortgage Modeling Lead

Kinvie; Toronto; Hybrid; CAD 140,000 - 190,000; Full time

Benefits offered by this job

Competitive discretionary bonus

RRSP match program

Medical, dental, vision benefits

Employee Share Purchase Plan

Generous vacation policy

Career development program

Hybrid work arrangement

Job summary

EQ Bank in Toronto is seeking an Associate Director, REM Modelling to lead the development and oversight of quantitative models for the Reverse Mortgage portfolio. You will steer forecasting, risk quantification, capital assessment, stress testing, and pricing analytics with strong actuarial leadership.

You will apply mortality, longevity, survival, and stochastic modelling in a financial services setting, partnering across Risk Analytics, Finance, and Technology to enable profitable growth and

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, economics or related quantitative field.
• Actuarial designation (ACIA/FCIA/ASA/FSA) strongly preferred.
• 7+ years of actuarial modelling and predictive analytics experience in financial services.

Responsibilities

• Lead the development and maintenance of REM portfolio models and forecasting tools.
• Design forecasting for REM balances, LTV evolution, profitability and risk.
• Develop mortality, longevity, survival and stochastic modelling approaches.
• Support risk analytics, capital planning, stress testing and pricing decisions.
• Ensure governance, documentation, validation readiness and model risk controls.
• Partner with Risk Analytics, Finance, Treasury and Technology to productionize models.
• Communicate complex outputs to senior stakeholders and manage stakeholder expectations.

Skills

Actuarial modelling

Predictive analytics

Risk modelling

Mortality analysis

Longevity modelling

Survival analysis

Stochastic modelling

Machine learning

Education

Bachelor's degree in actuarial science or related

ACIA/FCIA/ASA/FSA or equivalent

Master's degree (asset)

Job description

EQ Bank in Toronto is seeking an Associate Director, REM Modelling to lead the development and oversight of quantitative models for the Reverse Mortgage portfolio. You will steer forecasting, risk quantification, capital assessment, stress testing, and pricing analytics with strong actuarial leadership.

You will apply mortality, longevity, survival, and stochastic modelling in a financial services setting, partnering across Risk Analytics, Finance, and Technology to enable profitable growth and