Manager, Model Development (12-month contract)

Job Overview

The Manager, Model Development is responsible for developing models for Business Banking Borrower Risk Ratings.

Responsibilities

• Design, select, implement, maintain, review, provide user support for, and ensure the performance of Business Banking AIRB models i.e., Borrower Risk Rating, Probability of Default (PD), Loss‑Given‑Default (LGD), Exposure‑At‑Default (EAD), and Usage‑Given‑Default (UGD).
• Ensure ongoing compliance with OSFI requirements for Business Banking Risk Rating and AIRB models.
• Provide input and support for responding to questions from local regulators of BNS subsidiaries and branches.
• Provide quantitative input and support to internal teams to measure, manage, and report Credit Risk.
• Design and implement models for Business Banking Borrower Risk Ratings.
• Perform data mining and statistical analysis on the Bank’s data related to borrower risk rating modeling.