Requisition ID: 269546Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.We are responsible for modelling the interest rate risk of all assets and liabilities on Scotiabank's balance sheet, directly impacting the Bank's rate positioning and FTP. Our team brings together quantitatively minded professionals with diverse backgrounds in mathematics, statistics, physics, and computer science to foster creative approaches to customer behaviour modelling, such as mortgage prepayment and deposit behaviour.Is this role right for you? In this role you will:Take a balance sheet position and model it from start to finish, using historical and exogenous data to support calibrationLiaise with our business counterparts to understand the nuances of behavioural components and options risk to support development of bespoke models. Work with local and international business units to review datasetsRegularly present model analysis and proposals to stakeholders and senior managementDesign and code models following software best practices to ensure optimal use of computing resources, streamlining operations and maintenanceSkillsGraduate degree in physics, engineering, statistics, or other quantitative discipline, or commensurate experienceExperience building a statistical or mathematical modelThe ability to distill complex ideas into simple terms to support decision makingKnowledge of structural interest rate risk modelling, ALM, or derivatives pricing is a bonusA software engineering mindset is essential for our work. Python programming is a bonusWhat's in it for you?A rewarding career path with diverse opportunities for professional developmentAn organization committed to making a difference in our communities — for you and our customers.A competitive rewards program that includes an annual bonus,



versatile vacation, personal and sick days, and comprehensive benefits that start on your first day.Diversity, Equity, Inclusion & Allyship — We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and embraced through bias-free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employees to learn, grow, and participate through our various Employee Resource Groups (ERGs), which span diverse gender identities, ethnicities, races, ages, abilities, and veteran statuses.Accessibility and Workplace Accommodations — We value the unique skills and experiences every individual brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove, and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.Location(s): Canada : Ontario : TorontoScotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and our communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. #J-18808-Ljbffr

📌 Senior Manager, Alm Risk Modelling (Toronto)
🏢 Scotiabank
📍 Toronto