Manager, Regulatory Capital Models (1-year contract)
Requisition ID: 258651

The Manager is responsible for designing and developing rating models for Collateralized Loan Obligations and managing the operations of CreditLens and Problem Loan Data Capture IT systems. Responsibilities include:

Design, select, implement, maintain, review, and provide user support for Business Banking IRB models (Borrower Risk Rating, Probability of Default, Loss‑Given‑Default, Exposure‑At‑Default).

Ensure ongoing compliance with OSFI requirements for Business Banking IRB models.

Manage operations of CreditLens and Problem Loan Data Capture IT systems.

Provide input and support for compliance requirements of local regulators of BNS subsidiaries and branches.

Provide quantitative input and support to internal teams for measurement, management, and reporting of Credit Risk.

Oversee research and analysis of regulatory requirements and industry practices to identify appropriate methodologies and statistical techniques for rating models.

Design and maintain the monitoring framework for the developed models.

Maintain and document process scripts,



ensuring compliance with valuable practices and change management.

Participate in industry forums and continuously innovate and improve processes.

Build and maintain solid working relationships with IRM teams (Data Management) and relevant BNS groups.

Ensure compliance with governance agents such as OSFI, internal & external audit, and model validation and approval.

Qualifications:

At least 1 year of professional experience in analytical, recommending, and reporting disciplines.

Familiarity with government regulations and documentation.

Understanding of risk rating and credit adjudication processes, and knowledge of the business conducted by banking and credit teams.

Advanced computer skills and experience in manipulating large volumes of data and building end‑user computing solutions, with expertise in SQL and Python.

Forward, independent thinking to identify emerging regulatory and market requirements on credit risk analytics.

Flexibility and creativity in problem solving, including innovation and path‑finding abilities.

Location: Canada, Ontario, Toronto

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📌 Manager, Regulatory Capital Models (1-year contract) (Ontario)
🏢 Scotiabank
📍 Ontario