Title:  Senior Manager, Enterprise Stress Testing, Global Risk Management

Requisition ID: 221057

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

The successful candidate will participating in executing Stress Test related projects and working on methodology to project the Bank’s balance sheet and income statement across all major products and business lines. The role requires project management skills, good communication, understanding of financial concepts and quantitative modeling techniques.

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

• Play a key role in planning and managing the enterprise-wide and ad-hoc stress test projects, monitoring the progress of the related work to ensure timely delivery of results.
• Familiar with the internal finance data system and independently reviewing and challenging analysis produced by stakeholder groups to ensure consistency, accuracy and reasonability of the stress test results.  
• Compiling results into a coherent report for communication to senior management, the Board and/or regulators as appropriate; responding to questions from regulators, internal audit and senior management.
• Leading the ongoing enhancements and improvements to the enterprise-wide stress test program and the maintenance and updates to the Bank’s stress testing policy and framework documents.
• Participate in improving the internal methodology to project the Bank’s P&L under stress, as well as executing and enhancing the production runs for stress tests. 

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

• Degree in Economics, Finance, Statistics, Mathematics, Engineering or other related quantitative discipline. Knowledge of statistical/econometric modeling and accounting is preferred.
• Proficiency in Python or related programming languages and platforms is an asset.
• The types of results produced by the models will cover a broad range of measures used in the Bank, such as capital, PCL and liquidity. Therefore the position requires a high degree of adaptability and the ability to learn new concepts quickly, as well as passion to learn financial concepts.
• The incumbent should have strong communication skills. The position requires an ability to efficiently interact and communicate with many stakeholders across of a variety of areas.
• The candidate must exhibit maturity, balanced judgment, leadership and team skills. Years of experience on large-scale projects is required.

What’s in it for you?

• An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
• We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
• Your career matters! You will have access to career development and progression opportunities.

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.