Senior Manager, Model Development
Job Location:
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
Join a Challenger
At EQ were remaking banking so every Canadian gets ahead every day. Serving nearly 4 million Canadians from coast to coast we offer a wide variety of financial services from banking and lending to trust and credit union solutions.
Weve been at this since 1970 challenging the conventions of traditional banking with smarter faster and more connected financial experiences.
Whats kept us moving The people behind it all: challengers who ask better questions push back on old assumptions and look for a better way forward.
If youre driven to help reshape how banking works for Canadians and the businesses that power our economy this could be your next big opportunity.
We cant wait to get to know you!
The Senior Manager Risk Analytics Models & Insights is a senior individual contributor responsible for the development enhancement implementation monitoring and governance of enterprise credit risk models and analytics solutions. The incumbent will support the development and maintenance of AIRB and IFRS 9 models deliver risk insights to senior management and ensure compliance with internal governance and regulatory requirements.
The incumbent will lead complex analytical initiatives drive methodological enhancements support regulatory and audit activities and champion the adoption of advanced analytics automation and Artificial Intelligence (AI) to improve efficiency insight generation and risk management practices across the Bank.
- Develop enhance and monitor credit risk models and analytical solutions supporting AIRB IFRS 9 ICAAP stress testing climate risk and portfolio risk management activities.
- Perform quantitative analysis model calibration validation support annual reviews performance monitoring and risk assessments to support business and regulatory requirements.
- Collaborate with Risk Finance Data Technology Audit and Model Risk Management stakeholders to deliver high-quality analytical solutions and insights.
- Contribute to the development of a robust data infrastructure for model development and analytics.
- Regularly review data used in model development for required changes/improvements.
- Work with IT and business unit teams to implement and execute models and analyses in support of on-going financial disclosure regulatory reporting and ad hoc analyses.
- Prepare model documentation technical reports and supporting materials for management validation audit and regulatory reviews.
- Leverage Artificial Intelligence machine learning and automation technologies to improve model development risk monitoring reporting operational efficiency and decision-making processes.
- Ensure model development and analytical activities comply with internal policies governance standards and regulatory requirements.
- Masters degree or higher in Statistics Mathematics Economics Finance Engineering Data Science Computer Science or a related quantitative field.
- 2 years of experience in credit risk model development model validation quantitative analytics or related areas within financial services.
- Strong knowledge of AIRB IFRS 9 stress testing ICAAP or similar risk management frameworks.
- Advanced programming skills in Python and SQL.
- Experience with statistical modeling machine learning and data science techniques.
- Familiarity with Generative AI AI-assisted analytics or process automation technologies is strongly preferred.
- Strong technical documentation presentation and communication skills.
- Ability to independently manage complex analytical initiatives and deliver high-quality results with minimal supervision.
Equity Diversity & Inclusion
EQ is committed to building an inclusive accessible environment where every employee feels valued respected and supported. We believe our organization is stronger and our people thrive when we honour and celebrate diverse experiences identities and perspectives. Were equally committed to supporting your growth both professionally and personally.
We provide a barrierfree recruitment process and work environment. If you require accommodations at any stage we will work with you to ensure you can bring your best self to the process and beyond.
As part of our recruitment process EQ uses AI to help screen assess and/or select applicants for this position. All AI-enabled outputs are reviewed and validated by our talent team. All candidates considered for hire must successfully complete a criminal background check and credit check. While we appreciate every application an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role.
EQB Inc. (TSX: EQB) is the parent company of Equitable Bank the countrys seventh-largest Schedule I bank by assets which operates EQ Bank Canadas Challenger Bank. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.
To learn more visit and .
Required Experience:
Senior Manager
About Company
At Equitable Bank, we specialize in providing branchless financial services that meet the unique needs of all Canadians. Our range of mortgages, savings accounts and investment options are designed to offer the right solutions to match any unique circumstance.
