Associate Director, ALM Risk Modelling; Bilingual
Job in
Toronto, Ontario, M5A, Canada
Listing for:
Scotiabank
Full Time
position
Listed on 2026-01-13
Job specializations:
-
Finance & Banking
Data Scientist
Job Description & How to Apply Below
Position: Associate Director, ALM Risk Modelling (Bilingual)
Is this role right for you?
In this role, you will:
Take a balance sheet position of the international subsidiaries and model it from start to finish, using historical and exogenous data to support calibration, and reviewing the final implementation in our risk measurement software to ensure the correct outputs are producedUnderstand both the interest rate and liquidity risk perspectives to ensure a balanced view of riskLiaise with our international counterparts to understand the nuances of their balance sheet behavioural components and options risk (e.g., mortgages and demand deposits) to support development of bespoke models.Work with subsidiaries to review datasetsRegularly present model analysis and proposals to stakeholders and senior managementDesign and code models following software best practices, to ensure optimal use of computing resources, streamlining operations and maintenanceDo you have the skills that will enable you to succeed in this role? We'd love to work with you if you have:
Strong cross-functional collaboration skills, meaning a proven ability to lead and coordinate efforts across Treasury, Risk, and IT teams to align model development with real-world option risk dynamics and business objectives.Solid mathematical background, programming knowledge, and problem-solving skills, with a keen interest in applying your qualifications to financial and derivatives modelingGraduate degree in physics, engineering, mathematics, or other quantitative discipline, or commensurate experienceKnowledge of asset and liability management and modelling experience in risk management or derivatives pricing.Experience in structural interest rate risk modelling is a bonusA software engineering mindset is essential for our work. Python programing is a bonusEffective communication and specifically the ability to summarize complex ideas in simple terms; you enjoy working in collaborations.Experience in managing and pushing forward projectsFluency in Spanish is requiredWhat's in it for you?
In-depth training to prepare you for the role, as well as ongoing coaching and feedback to help you succeed!You'll be part of a diverse, collaborative, innovative, and high-performing teamWe offer a competitive rewards package:Performance bonus, Employee Share Ownership Program, and Pension Plan MatchingHealth Benefits from day one!You will relish work-life balance, team events, and opportunities to participate in the community.Your career matters! You will have access to career development and progression opportunities.Please Note:
Group Treasury staff are treated as insiders of the Bank and are subject to the Terms and Conditions of the Scotiabank Personal Trading Policy.
Position Requirements
10+ Years
work experience
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