The successful candidate will work on enterprise stress testing projects and support the development, implementation, analysis, and reporting of models for the Bank’s balance sheet and income statement across major products and business lines. The role requires strong quantitative skills, programming capability, explicit communication, and an interest in learning financial concepts from business lines.

Model Development: Work on statistical models to project PPNR (Pre-Provision Net Revenue) as a function of macroeconomic time series variables, using historical data, internal expertise, and scenario assumptions.

Stress Test Implementation: Execute stress testing exercises, apply models across business lines, and support the production of scenario-based outputs.

Result Analysis and Reporting: Analyze model outputs, explain key drivers, document assumptions and modelling processes, and prepare materials for internal stakeholders and external regulators.

Emerging Risk Analysis: Support supplementary analysis and methodology development for emerging risk themes such as climate change, geopolitical risk, consumer indebtedness, and housing market pressures. Hands-on experience in statistical model development,



model validation, or data analytics; proficiency in Python, including common data science and visualization libraries such as Pandas, NumPy, and Plotly;

experience with version control tools such as Git. Strong adaptability, ability to learn new concepts quickly, and interest in building financial knowledge. Demonstrates sound judgment, professionalism, time management, and teamwork skills. Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!

Guided by our purpose: "for every future", we help our customers, their families and their 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. 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.

📌 Manager, PPNR Modeling (Toronto)
🏢 Scotiabank
📍 Toronto