Senior Model Validation Analyst - Remote Opportunity

About the Role

We are seeking a Senior Model Validation Analyst to join our team at Coast Capital Savings. This remote opportunity allows you to work from anywhere while engaging with cutting-edge technology and the Quantitative Risk team to support our business objectives.

What You'll Do

• Evaluate both new and established models to ensure they are sound, fit for purpose, and understandable.
• Test and identify limitations in model assumptions, documenting all findings effectively.
• Independently validate new and existing models by reviewing documentation and re-performing results, including ongoing monitoring.
• Collaborate with internal teams to communicate the outcomes of model validation and monitor findings through to remediation.
• Stay updated with emerging trends in technology by completing continuous education.

Requirements

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

Nice to Have

• Experience in the financial services industry.
• Knowledge of regulatory requirements in the banking sector.
• Familiarity with machine learning techniques.

What We Offer

• A competitive salary range of $73,800 - $92,300 CAD per year.
• Flexible working arrangements with a hybrid model.
• Commitment to equity, diversity, and inclusion in the workplace.
• Continuous learning and development opportunities.
• Supportive work environment that values diverse perspectives.