Bogota, Bogota D.C., Colombia · Hybrid
Requisition ID: 265594 Employee Referral Program – Potential Reward: $0.00 We are committed to investing in our employees and helping you continue your career at ScotiaGBS Purpose The Global Model Risk Management area pr…
Skills: Model Validation, Risk Management, SQL, SAS, R
Mexico City, Mexico · Hybrid
ID de la solicitud: 248571 Programa de Referido de Empleados – Probable Pago: $0.00 Estamos comprometidos en continuar invirtiendo en nuestros empleados y ayudarte a continuar desarrollando tu línea de carrera en Scotiab…
Skills: Active Directory, DNS Server, Windows Server, ITIL, Project Management
Toronto, Ontario, Canada · On-site
Requisition ID: 265075 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Purpose: The Senior Insurance Advisor works under the guidance of an established Senior Insura…
Skills: Permanent Insurance Sales, Wealth Planning, Underwriting Process, Client Relationship Management, Financial Analysis
New York, New York, United States · On-site
$155k–$225k/yr
Requisition ID: 263286 Salary Range: 155,000.00 - 225,000.00 Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’…
Skills: Project Management, Electronic Trading, Agile Methodology, Budgeting, Stakeholder Management
New York, New York, United States · On-site
$61k–$102k/yr
Requisition ID: 266241 Salary Range: 61,200.00 - 101,800.00 Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s…
Skills: Administrative Support, Expense Management, Calendar Management, MS Office, Concur
Toronto, Ontario, Canada · On-site
Requisition ID: 265950 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Leads and oversees Infrastructure Solution Architecture in Global Technology & Enterprise Plat…
Skills: Infrastructure Solution Architecture, Strategic Planning, Enterprise Architecture
Saint-Bruno, Quebec, Canada · On-site
Requisition ID: 266220 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. As a Financial Planner, you will focus on developing and deepening mass affluent client relati…
Skills: Financial Planning, Investment Sales, Client Acquisition, Networking, Interpersonal Skills
Toronto, Ontario, Canada · On-site
Requisition ID: 265870 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The Manager in the Model Validation & Approval valuation team provides independent and consist…
Skills: Model Validation, Derivative Pricing, Quantitative Analysis, Monte Carlo Simulation, Numerical Methods
Saint-Bruno, Quebec, Canada · On-site
Numéro de la demande: 266220 Joignez une équipe gagnante, engagée et axée sur les résultats qui évolue dans une culture inclusive et de haut rendement. À titre de planificatrice financière ou de planificateur financier, …
Skills: Financial Planning, Investment Sales, Business Development, Client Relationship Management, Networking
New York, New York, United States · On-site
$155k–$225k/yr
Requisition ID: 263286 Salary Range: 155,000.00 - 225,000.00 Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’…
Skills: Project Management, Electronic Trading, Agile Methodology, Stakeholder Management, Vendor Management
Mexico City, Mexico · Hybrid
ID de la solicitud: 248571 Programa de Referido de Empleados – Probable Pago: $0.00 Estamos comprometidos en continuar invirtiendo en nuestros empleados y ayudarte a continuar desarrollando tu línea de carrera en Scotiab…
Skills: Active Directory, DNS Server, Windows Server, ITIL, Project Management
Toronto, Ontario, Canada · On-site
Requisition ID: 266158 ScotiaMcLeod, a cornerstone of Scotia Wealth Management®, is a full-service wealth management firm with a proud history dating back to 1921. Known for service excellence, trusted advice, and a coll…
Skills: Securities industry knowledge, Investment representative, CIRO certification, Client service, Portfolio review
Toronto, Ontario, Canada · On-site
Requisition ID: 266020 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Operational integrity is critical to International Wealth Management’s (IWM’s) strategic objec…
Skills: Process Improvement, Data Analysis, Data Governance, SQL, Python
Juliaca, Puno, Peru · On-site
ID de la solicitud: 266026 Gracias por tu interés en ser parte de Scotiabank Perú, apreciamos tu postulación. Estamos en la búsqueda de personas con talento que quieran crecer y lograr los objetivos de nuestra organizaci…
Skills: Collections Management, Banking and Finance, Securities Law, Consumer Protection Regulations, Portfolio Recovery
Calgary, Alberta, Canada · On-site
Requisition ID: 268583 ScotiaMcLeod, a cornerstone of Scotia Wealth Management®, is a full-service wealth management firm with a proud history dating back to 1921. Known for service excellence, trusted advice, and a coll…
Skills: Securities industry knowledge, Verbal communication, Written communication, Organizational skills, Time management
Candiac, Quebec, Canada · On-site
Requisition ID: 268487 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. About the role As a Customer Experience Associate, you are the face, character and heart of ou…
Skills: Customer Service, Relationship Management, Sales, Digital Banking Proficiency, Communication
Candiac, Quebec, Canada · On-site
Numéro de la demande: 268487 Joignez une équipe gagnante, engagée et axée sur les résultats qui évolue dans une culture inclusive et de haut rendement. À propos du role Ce que vous ferez À titre d’associé, Expérience cli…
Skills: Customer Service, Banking Operations, Relationship Management, Sales, Digital Banking Proficiency
Santo Domingo Norte, Santo Domingo, Dominican Republic · On-site
ID de la solicitud: 268659 Únase a un equipo ganador con un propósito claro, comprometido con el logro de resultados en una cultura inclusiva y de alto desempeño. Propósito Garantizar que la adjudicación de crédito, las …
Skills: Credit Adjudication, Financial Analysis, Risk Assessment, Portfolio Management, Credit Risk Management
Toronto, Ontario, Canada · On-site
Requisition ID: 268875 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Global Transaction Banking Global Transaction Banking (GTB) is the payments and transaction en…
Skills: Python, SQL, Databricks, Predictive Modeling, Machine Learning
Ontario, Canada · On-site
Requisition ID: 266622 Join our team! 🌟 Would you like to complete your internship with an organization that has been in the market for more than 35 years, dedicated to improving our customers’ financial well-being thro…
Skills: Customer Service, Relationship Management, Sales, Digital Banking, Transaction Processing
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The Senior Analyst is responsible for validating risk models across various types and ensuring compliance with internal frameworks and regulatory requirements. This includes performing quantitative tests, reviewing model methodology, and managing the enterprise-wide model inventory.
Candidates should have over a year of experience in risk management or model validation and at least 1.5 years in data management. Proficiency in SQL, SAS, R, or Python and a strong understanding of statistical techniques are required.
Requisition ID: 265594
Employee Referral Program – Potential Reward: $0.00
We are committed to investing in our employees and helping you continue your career at ScotiaGBS
Purpose
The Global Model Risk Management area provides independent and consistent model validation and approval across various risk types, including market risk, retail/non-retail credit risk, operational risk, capital models, Anti Money Laundering (AML) and other key risk/financial models.
The senior analyst provides support to manager/senior manager in the validation and governance across the enterprise wide model inventory.. This position entitles activities related to model validation work including data management and model quality assurance testing/validation to establish overall soundness of risk measurement, delivery of various ad-hoc validation assignments, collaboration with the model development teams and business lines, and communicating results to model owners, ensuring compliance with internal framework and regulatory requirements. He/she may also communicate and negotiate with the different counterparties regarding issues identified during this processes.
Accountabilities
• Validate models across various risk types. For the model being validated, review the methodology implemented for reasonableness and applicability, assess soundness of model methodology, review the architecture of the software application implementing the model, perform quantitative tests and qualitative assessments of the model, execute independent calculations, and analyze/interpret model output and responsible for completing draft validation..
• Conduct comprehensive review of the data and model risk governance activities by tracking progress, , including the independent replication of data extraction from SAS MRM and data manipulation steps, as well as assessing the suitability and sanity of the data sources.
• Asses regulatory requirements and develop and maintain policy addendums to Global Model Risk Management policies, ensuring alignment with global governance standards across jurisdictions and evolving regulatory expectations applicable to advanced analytics and AI.
• Establish communication with model validator/owner/developers to understand model rationale and issues; maintain relationship with key contacts as identified for each validation.
• Maintain collaborative relationship with clients
• Provide support to Senior manager to respond to ad hoc, regulatory and reporting to enable effective governance oversight, regulatory and audit responses, and management information needs
• Recommend and contribute to innovation and continuous improvements to tests/methods to fulfill internal validation and governance needs and to align (if applicable) with industry practices
• Support Senior Manager in keeping the inventory system updated by executing data quality controls, consistency checks and quality assurance standard on the enterprise wide model inventory, and proactively identify data issues and escalate findings, supporting remediation and continuous improvements.
• Comply with internal policies, procedures, and regulatory requirements where applicable.
• Provide support to resolve outstanding audit and regulatory issues, and to respond to ad hoc senior management and regulatory requests.
Education / Experience / Other Information
• 1.5 year of experience in the data management or data architect, with familiarity and comfort in handling large data
• 1+ year of experience in Risk Management, Model Risk Management, Audit, Compliance or related functions involving risk identification, oversight, monitoring and reporting or development and/or validation of risk and/or financial models preferred.
• Knowledge of risk predictive models, time series and mathematical statistics preferred.
• Exposure or experience in other risk functions such as credit risk, provision models, market risk, or operational risk management also desirable.
Required Functional (Technical) Competencies:
• Sound understanding of various modelling techniques and comfortable to conduct various testing
• Working knowledge of statistical techniques and proven ability to employ these to analyze large sets of data
• Ability to effectively utilize relational database and SQL queries for data analysis.
• Proficiency in construction and executing distributed queries from a variety of databases/sources is required
• Excellent verbal and written communication skills.
• Hands on programming skills, particularly statistical and database modeling tools (SQL, SAS, R, Python or similar). Ability to adapt to various programming languages and environments.
• Knowledge of financial risk management, especially issues and techniques pertaining to model risk management – including their practical implications and limitations is desirable.
• Excellent verbal and written communication skills
• Ability to speak and write in English B2.
Working Conditions
• Work in a standard office-based environment; non-standard hours are a common occurrence.
#LI-hybrid
Location(s): Colombia : Bogota : Bogota
Scotia GBS is a Scotiabank Group company located in Bogota, Colombia created to support different processes of the Bank and the development and execution of its global services strategy in 15 countries in the Americas. It is composed of 7 service units. We offer an inclusive, positive work environment, and competitive benefits.
At ScotiaGBS, 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. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at ScotiaGBS; however, only those candidates who are selected for an interview will be contacted.
Welcome to Scotiabank. We serve thousands of customers, families, and communities across the globe, helping them achieve success through advice, products, and services. Follow for news, insights, thought leadership and more. Our disclaimer: bit.ly/socialdisclaim
Offices: 40 King St W, Toronto, Ontario M5H, CA · Bosque de Ciruelos 120, Miguel Hidalgo, CDMX 11700, MX · Calle Dionisio Derteano 102, San Isidro, Lima 15047, PE
Welcome to Scotiabank. We serve thousands of customers, families, and communities across the globe, helping them achieve success through advice, products, and services. Follow for news, insights, thought leadership and more. Our disclaimer: bit.ly/socialdisclaim
Offices: 40 King St W, Toronto, Ontario M5H, CA · Bosque de Ciruelos 120, Miguel Hidalgo, CDMX 11700, MX · Calle Dionisio Derteano 102, San Isidro, Lima 15047, PE
