Title:  Director, Model & Advanced Analytics

Requisition ID: 260018 

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Director, Retail Credit Risk Model Development provides regional leadership and technical oversight for all retail credit risk models used across International Banking (Mexico, Peru, Chile, Uruguay, Caribbean). The role sets the model development strategy, ensures adherence to global modeling standards, drives consistency across countries, and partners with local teams to strengthen model performance, governance, and analytics capabilities.

This position acts as the functional head of retail model development across IB within a matrix structure.

Leads and drives a customer focused culture throughout their team to deepen client relationships and leverage broader Bank relationships, systems and knowledge.

Is this role right for you? In this role you will:

• Regional Model Development Strategy & Standards
• Define the model development roadmap for retail portfolios across IB, ensuring alignment with global modeling frameworks and regulatory expectations.
• Set standards for model design, documentation, performance monitoring, and validation readiness.
• Promote harmonization of modeling methodologies across geographies.

• Functional Leadership Across Countries
• Provide functional guidance and oversight to country model development teams (dotted line).
• Build modeling communities of practice to share tools, methods, and best practices.
• Support capability-building in areas such as scorecard development, ML techniques, calibration, and monitoring.

• Portfolio & Model Performance Oversight
• Maintain a regional view of model performance, stability, and usage—credit scoring, behavioral models, PD/LGD/EAD, limit assignment, early warning models, and decision engine components.
• Identify model performance risks, emerging issues, and remediation needs across countries.
• Challenge country model enhancement plans and ensure they align to risk appetite and business strategy.

• Governance & Compliance
• Ensure all models across IB meet global policy requirements, documentation standards, and model risk governance (MRG) expectations.
• Prepare and support countries through internal model validation, audits, and regulatory reviews.
• Maintain strong governance over model changes, approvals, and performance monitoring processes.

• Transformation, Analytics & Decisioning
• Lead regional initiatives to modernize credit risk modeling, including machine learning, alternative data, and decision engine integration.
• Partner with Risk Technology, Data teams, and business stakeholders to improve data quality, automation, and model deployment capabilities.
• Drive consistent templates, monitoring dashboards, and analytics practices across countries.

• Stakeholder Engagement
• Develop strong relationships with CROs, Country Heads of Risk, Model Risk Management, Data & Technology, and Global Retail stakeholders.
• Communicate modeling insights and complex technical issues to senior audiences in a clear, actionable manner.
   
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Creates an environment in which their team pursues effective and efficient operations of their respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Builds a high performance environment and implements a people strategy that attracts, retains, develops and motivates their team by fostering an inclusive work environment and using a coaching mindset and behaviours; communicating vison/values/business strategy; and, managing succession and development planning for the team.

Do you have the skills that will enable you to succeed in this role? - We'd love to work with you if you have:

• Bachelor’s degree in Statistics, Data Science, Mathematics, Computer Science, Engineering, Economics, or related field; Master’s preferred.
• 10+ years in credit risk modeling, scorecard development, or advanced analytics.
• Deep knowledge of retail scoring, model lifecycle, machine learning methods, and model risk governance.
• Experience leading multi country or matrix teams.
• Strong communication skills; ability to explain models to non technical stakeholders.
• Fluency in English and Spanish preferred.

What's in it for you?

• The opportunity to join a forward-thinking and collaborative team, surrounded by innovative thinkers
• A rewarding career path with diverse opportunities for professional development
• Internal training to support your growth and enhance your skills
• An inclusive working environment that encourages creativity, curiosity, and celebrates success!

Location(s):  Canada : Ontario : Toronto 

Scotiabank is a leading bank in the Americas. 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.  

At Scotiabank, 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. 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. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.