Data Scientist – Banking & Capital CalculationsA Bachelor’s or Higher Degree is the minimum entry required for the positionRole: D ata Scientist – Banking & Capital CalculationsLocation: Downtown Toronto, CanadaDuration: 6 months and then keep renewing based on performance/requirementsHybrid: (3 days office, 2 days remote)This role is a senior-level Data Scientist position in the banking domain, focused on analyzing large datasets to support risk, regulatory, and business initiatives. The key requirement is strong banking expertise (credit risk, stress testing, regulatory reporting) combined with 10+ years of experience. Technically, the candidate must be highly proficient in SQL, have working knowledge of Python, and possess a solid foundation in statistics and predictive modelling. The role also requires the ability to translate business needs into data solutions, ensure data quality and compliance, and effectively communicate insights to stakeholders.Typical Day in Role:- Analyze large, complex datasets from banking and capital markets domains to extract insights and identify trends- Develop, validate, and deploy statistical models and machine learning solutions to support business initiatives- Collaborate with business stakeholders to translate financial and regulatory requirements into analytical solutions- Support risk, compliance, and regulatory reporting use cases (e.G., stress testing, credit risk)- Perform data exploration, feature engineering, and model performance evaluation- Design and optimize SQL queries for data extraction, transformation,



and analysis- Develop analytics workflows and models using Python and related libraries- Communicate insights through dashboards, visualizations, and clear documentation- Ensure data quality, integrity, and compliance with internal governance and regulatory standardsCandidate Requirements / Must Have Skills:- 10+ years’ Proven experience as a Data Scientist or Analyst, with at least 5+ within Banking or Capital Calculations- 5+ years’ proficiency in SQL for complex data querying and performance optimization- 2+ years hands‑on experience with Python (basic coding knowledge)- Experience working with large structured and unstructured datasets- Solid grounding in statistics, data analysis, and predictive modellingNice‑To‑Have Skills:- Strong understanding of financial products, markets, and industry data- Knowledge of regulatory frameworks and reporting- Familiarity with data visualization tools (e.G., Power BI, Tableau)- Basic understanding of LLMs, AI tools e.G.



CoPilotSoft Skills Required:- Analytical thinking and problem-solving- Strong communication and stakeholder management skills- Ability to work independently and in cross‑functional teams- Attention to detail with a solid focus on data accuracy and governance- Ability to explain complex models and results to non‑technical audiencesThe pay range for this role is CAD $120,000- $140,000 per annum including any bonuses or variable pay. Tech Mahindra also offers benefits like medical, vision, dental, life, disability insurance and paid time off (including holidays, parental leave, and sick leave, as required by law). Ask our recruiters for more details on our Benefits package. The exact offer terms will depend on the skill level, educational qualifications, experience and location of the candidate. This job is open for contract as well with a pay range of CAD 70-80/hr (max.)AI tools may assist in the recruitment process; however, all hiring decisions are made by the recruitment team based on a comprehensive evaluation of candidates.“Tech Mahindra is an Equal Employment Opportunity employer. We promote and support a diverse workforce at all levels of the company. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, age, national origin, or disability. All applicants will be evaluated solely on the basis of their ability, competence, and performance of the essential functions of their positions with or without reasonable accommodations. Reasonable accommodations also are available in the hiring process for applicants with disabilities. Candidates can request a reasonable accommodation by contacting the company ADA Coordinator at [email protected].”#J-18808-Ljbffr

📌 Data Scientist – Banking & Capital Calculations - C$120,000 - C$140,000 A Year (Toronto)
🏢 Tech Mahindra
📍 Toronto