At ScotiaGBS , we believe in continuous professional and personal growth. Join our general risk team and be part of an environment where your expertise makes an impact.

What will you do

- Execute validations for models and strategies across one or more risk domains, which may include:

Retail/non‑retail credit adjudication and behaviour, retail credit strategies (adjudication, behaviour, collections), AML models (e.g., transaction monitoring, customer/client risk rating, screening), Fraud,

market risk and counterparty credit risk capital models, stress testing, and trade surveillance.

- Conduct comprehensive review of the data processing, including the independent replication of data extraction and data manipulation steps, as well as assessing the suitability and sanity of the data sources.
- For the model being validated, review the methodology implemented for reasonableness and applicability, assess soundness of model methodology, review the architecture of the software application implementing the model, perform quantitative tests and qualitative assessments of the model, execute independent calculations, and analyze/interpret model output.
- Raise and effectively communicate the validation results and findings to the model owners, prompting appropriate action to address the identified deficiencies in data or modelling processing, which may lead to model recalibration and methodology enhancement.
- Responsible for completing draft validation reports and submission of all necessary documentation related to validation assignments to Manager/Senior Manager; ensure accuracy and completeness of archived information and related documentation to allow independent third-party review of the validation work performed.
- Establish communication with model owner/developers to understand model rationale and issues; maintain relationship with key contacts as identified for each validation.
- Maintain collaborative relationship with clients




- Provide support to Senior manager to respond to ad hoc, regulatory and audit requests.
- Recommend and enforce improvements to tests/methods to fulfill internal validation needs and to align (if applicable) with industry practices
- Support Senior Manager in keeping the inventory system updated
- Comply with internal policies, procedures, and regulatory requirements where applicable.
- Provide support to resolve outstanding audit and regulatory issues, and to respond to ad hoc senior management and regulatory requests.

What do you nee

- 1+ year of experience in the data management or data architect, with familiarity and comfort in handling large data
- 1 year of experience in the development and/or validation of credit risk (credit assessment models, scoring or IFRS9 provisions models) is desirable.

Required Functional (Technical) Competencies:
- Sound understanding of various modelling techniques and comfortable to conduct various testing
- Strong knowledge of statistical techniques and proven ability to employ these to analyze large sets of data
- Ability to effectively utilize relational database and SQL queries for data analysis.
- Proficiency in construction and executing distributed queries from a variety of databases/sources is required
- Hands on programming skills, particularly statistical and database modeling tools (SQL, SAS Guide, R, Python VBA, MATLAB, SAS Viya, SAS Minner, Simulink or similar). Ability to adapt to various programming languages and environments.
- Knowledge of financial risk management or credit risk lifecycle, especially issues and techniques pertaining to credit risk management – including their practical implications and limitations is desirable.
- Excellent verbal and written communication skills.

Ability to speak and write in English. What do we offer?

Career growth opportunities

Multicultural and dynamic work environment

Competitive compensation and benefits

? Ready to take your career to the next lev el? Apply now and grow with us!

📌 Analyst Model Validation (Bogotá)
🏢 ScotiaGBS Colombia del grupo Scotiabank
📍 Bogotá