Manager, Model Validation & Approval (6 Month Contract)

Scotiabank

Full-time Mathematical Science Occupations
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Location
Toronto, Ontario, Canada
Posted
June 24, 2026

Job Description

Is this role right for you?

In this role, you will:
  • Conduct independent validation of IFRS 9 provisioning models (PD, LGD, EAD, Lifetime, SICR) across multiple business lines

  • Assess model methodologies, assumptions, and outputs, including forward-looking macroeconomic components

  • Perform detailed data reviews, including replication of key data transformations and validation of data integrity

  • Evaluate model performance using quantitative testing, benchmarking, and sensitivity analysis

  • Identify model limitations and provide actionable recommendations to improve model design and performance

  • Prepare high-quality validation reports and supporting documentation for internal and external review

  • Support audit and regulatory interactions, including addressing findings and responding to inquiries

  • Oversee model risk rating assessments and maintain IFRS 9 model inventory governance (updates, recalibration...

    • Job Details

    • Job Type
      Full-time
    • Category
      Mathematical Science Occupations
    • Date Posted
      June 24, 2026
    • Application Deadline
      August 03, 2026