Senior Model Validation Analyst

Location(s): Greater Vancouver Area; Greater Toronto Area

Job Type: Full Time Regular 

myWork Program: Hybrid

Starting Salary Range: $73,800.00 - $92,300.00 

Background Screening Requirement: 

• Enhanced Criminal Record Check
• Credit Check
• Identity Verification 
• Employment Verification
• References

 

 

 

Job Purpose

 

As a Senior Model Validation Analyst, you'll serve as a safeguard, evaluating both new and established models to confirm they are sound, fit for purpose and understandable. This position offers the rewarding opportunity to engage with technological tools and the Quantitative Risk team to support business objectives.

 

Accountabilities

 

• Test and identify limitations in model assumptions, documenting all findings.
• Independently validate new and existing models by reviewing documentation and re-performing results, including ongoing monitoring.
• Work with internal teams to communicate the outcomes of model validation and monitor findings through to remediation.
• Keep pace with upcoming emerging trends in technology by completing continuous education.

 

Skills & Qualifications

 

• Bachelor's degree in Mathematics, Statistics, Finance, or a related field
• Certification in Financial Risk Management (FRM) is an asset
• 2-5 experience years with statistical modeling tools and techniques
• Experience with credit risk management or OSFI regulations including expected credit loss, capital adequacy requirements and stress testing.
• Expert statistical modeling techniques including experience with Python, AWS and Github.
• Proficient in written and verbal communication skills.

 

Equity, Diversity & Inclusion at Coast Capital

 

Don’t meet every single requirement? At Coast Capital, we believe everyone has potential. We are committed to building better, brighter, more inclusive futures for everyone – including our employees. We see the potential in our employees to achieve amazing things and want to invest in your future. If you’re excited about this career opportunity and your experience may not perfectly align with every qualification in this job posting, we still encourage you to apply. You may be just the right candidate for this or other opportunities at Coast Capital.

 

At Coast Capital, we are committed to equity, diversity and inclusion. We strongly encourage applications from Indigenous Peoples, Black, and racialized persons, persons with disabilities, people of diverse sexual and gender identities and women. We value applicants who have demonstrated a commitment to equity, diversity and inclusion and recognize that diverse perspectives, experiences and expertise benefit of our employees, our members, and our community.

 

Coast Capital is committed to providing an accessible recruitment experience. If you are a candidate with a disability and require accommodation(s) during any stage of the recruitment process, please contact us at accessibility@coastcapitalsavings.com or 778-391-5836. This contact is intended solely for inquiries or feedback related to accessibility barriers, accommodation requests or alternate format requests. We will work with you to ensure your needs are met. You will only receive a response to inquiries related to these topics.