Model Risk Analyst Lead
hace 3 días
Risk Management Team Overview:
The Risk Management team plays a critical role in ensuring the soundness and integrity of Scotiabank's risk management framework. As a member of this team, you will contribute to the development and implementation of risk management policies, procedures, and guidelines that support business growth and mitigate potential risks.
About the Job:
This is an exciting opportunity to work with a dynamic team of risk professionals who are passionate about delivering exceptional results. As a Senior Analyst, Model Validation, you will be responsible for validating retail scoring (adjudication/behaviour/collection) models and non-retail adjudication models.
Main Responsibilities:
- Validate IFRS9 provisioning models for retail and business banking portfolios, including all parameters (PD, LGD, Lifetime, SIR, EAD) and ECL assessment.
- Conduct quantitative tests and qualitative assessments of models, executing independent calculations and analyzing/interpreting model output.
- Communicate validation results and findings to model owners, prompting appropriate action to address identified deficiencies.
- Maintain accurate and complete records of validation activities and submissions to Manager/Senior Manager.
Requirements:
- 1.5 years of experience in data management or data architecture.
- Knowledge of risk predictive models, time series, and mathematical statistics.
- Ability to effectively utilize relational databases and SQL queries for data analysis.
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