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financial statistician
Title posted on CareerBeacon - Manager, Model Development - Retail and Small Business (Contract)
Posted on November 07, 2024 by Employer details Scotiabank
Job details
Requisition ID: 206781Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. The world is changing faster than ever and so are we! "Big data", "machine learning" and "AI" are not just buzzwords; they are an ever-increasing part of our daily life. We have decades of data powering hundreds of models deployed across a multitude of systems that are crying out for smart talented team players who are results-oriented, embrace transformational challenges and relish the opportunity to help us turn our vision into reality. Our goal is to be nothing less than The Leading Bank in The Americas by putting Customers First. Achieving this requires a Winning Team that can build, manage and govern stable high-performing models and provide our business partners with the best analytic insights and advice possible. To put things in perspective, the models that we build underpin automated risk-management decisions and forecasts that impact millions of customers and keep hundreds of $billions safe every single day. What Are We Looking For?We want talented pragmatic analytically oriented data scientists who are equally at home interpreting and applying statistics as they are ingesting and massaging data, translating regulatory requirements into models and explaining complex issues in simple concise ways. We want bright and energetic minds who come armed with a bottomless sense of curiosity about everything (great models and analytics are about so much more than just the numbers!), a passion for getting things done right ? the first time ? and a deep sense of personal and professional accountability. To be a Manager in Forecasting arm of Retail Models & Analytics, it isn't enough to just be a great model developer (though that is incredibly important as well); you also need to be a collaborative team player who actively listens to stakeholders and customers because you are passionate about helping them win and you need to be interested in building something lasting and great. Working with internal customers (stakeholders) across the bank to understand and translate their needs into outcomes, exploring both novel and legacy data sets and methodologies, collaborating with technology partners to get things implemented flawlessly, and monitoring, tuning up (when necessary), and governing the models that your team "owns" will all be equally important. We are results driven, we work hard, we play hard, we nerd out and we bring service, smiles and solutions to every problem that we face; so should you. Make an ImpactAs a Manager, you will report directly to a Senior Manager or Director and be a critical member of a team overseeing a portfolio of forecasting models and analytic processes. You will support ? from conception through execution and governance ? the regulatory capital (AIRB) models covering all of the Bank's retail and small business product lines. You will collaborate, on a regular basis, with a wide range of stakeholders and internal partners including Provisioning, Model Operations, Finance, Collections, Model Validation and Governance, Technology & Data, Compliance and Audit. You will have access to both traditional SAS tools and a modern machine learning stack that includes on-premise GPU computing, open source Jupyter development environments, a Hadoop cluster, containerized API model deployment and data visualization business intelligence tools. Under the guidance of your Director, your team of risk modeling experts will use these tools to develop advanced risk prediction and loss estimation forecasting models that will be used to make decisions worth $billions every month and therefore they need to be not only precise and accurate, but highly stable, explainable, compliant, secure and useful. You will be responsible for understanding the goals & priorities set for you, executing them efficiently with a perpetual eye on quality, asking questions often and delivering re- LocationToronto, ON
- Workplace information On site
- SalaryNot available
- Terms of employment Permanent employmentFull time
- Starts as soon as possible
- vacancies 1 vacancy
- Source CareerBeacon #2111533
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