💼 Full-Time Position

Manager, Model Validation & Approval (6 Month Contract)

🏢
Scotiabank
📍 Toronto, Ontario, Canada
📍
Location
Toronto, Canada
📅
Posted
June 21, 2026
⏰
Type
Full-Time
🎯

Full-Time Opportunity: This is a permanent, full-time position with a competitive package and real career growth potential.

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...