Requisition ID: 264373

Employee Referral Program – Potential Reward: $0.00

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Purpose

The Integral Model Risk Management area provides independent and consistent model validation and approval across various risk types, including market risk, retail/non-retail credit risk, operational risk, capital models, Anti Money Laundering (AML) and other key risk/financial models.

The senior analyst provides support to manager/senior manager in the validation of models and strategies, which may include Canadian and International retail/non-retail credit adjudication and behavior, credit retail strategies, AML, Fraud, or Market Risk Capital. This position entitles activities related to model validation work including data management and model quality assurance testing/validation to establish overall soundness of the risk measurement, delivery of various ad-hoc validation assignments, collaboration with the model development teams and business lines,



and communicating results to model owners ensuring compliance with internal framework and regulatory requirements. He/she may also communicate and negotiate with the different counterparties regarding issues identified during the validation.

Accountabilities

• 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 re

📌 Senior Analyst, Model Validation (Bogotá)
🏢 Scotiabank
📍 Bogotá