Senior Analyst, Model Validation (Solo Quedan 24h)...

Overview

At Scotiabank we want you to be part of a team that supports personal and professional growth, and we are looking for our new Model Validation Senior Analyst.

What will you do?

• Validate retail scoring (adjudication, behaviour, collection) models and non-retail adjudication models.
• Validate retail credit strategy models (including adjudication, behaviour, collection).
• Validate IFRS9 provisioning models for retail and business banking portfolios including all parameters (PD, LGD, Lifetime, SIR, EAD) and ECL assessment.
• Conduct annual review of market valuation models (valuation of financial instruments, pricing of them or VAR models).
• Conduct comprehensive review of the data processing, including the independent replication of data extraction and data manipulation steps, as well as assessing the suitability and sanity of the data sources.
• 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 or interpret model output.
• Raise and effectively communicate the validation results and findings to the model owners, prompting appropriate action to address the identified deficiencies in data or modelling processing, which may lead to model recalibration and methodology enhancement.
• Responsible for completing draft validation reports and submission of all necessary documentation related to validation assignments to Manager or Senior.

What do you need?

Location(s) : Colombia

What do we offer you?

If you are seeking a fulfilling opportunity to join our esteemed team and contribute to the overall success, we invite you to apply for the role of Model Validation Senior Analyst.

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