Senior Manager, Model Validation
Bank of Nova Scotia - Toronto
Posted Jun 12, 2026
Benefits
- Parental leave
- Not verified
- Non-birth-parent leave
- Not verified
- Family-building benefits
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- Fertility benefits: Not verified
- Adoption assistance: Not verified
- Surrogacy assistance: Not verified
- Mental health support
- Not verified
- Relocation assistance
- Not verified
- Childcare support
- Not verified
- Learning budget
- Not verified
- Verification
- Not verified checked Jun 7, 2026
- Salary
- Not verified
- 401(k) match
- Reported from DOL Form 5500 industry filing (not employer-specific)
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Market context
- U.S. role benchmark (BLS OEWS)
- $57,704 U.S. median for this role
- Projected growth (BLS Employment Projections)
- +0.9% - Slower
Matched to SOC 41-2031 - Sales aggregate by role bucket.
Source: U.S. Bureau of Labor Statistics, OEWS, May 2024 and Employment Projections, 2024-2034.
Role
Schedule
- Shift type
- Not verified
- Weekend work
- Not verified
Company
- Company stage
- Public-company From the posting source checked Jun 20, 2026
Application
- Cover letter
- Not verified
- Assessment
- Not verified
- Deadline
- Not stated
Where they hire
State eligibility is not yet verified.
About this role
Senior Manager, Model Validation Toronto Requisition ID: 264304 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. This position entitles activities related to model validation work to establish overall soundness of the credit risk measurement, delivery of various ad-hoc validation assignments, and collaboration/communication with the model development teams and business lines to ensure model risk management initiatives are in compliance with internal policies/procedures and regulatory requirements. Is this role right for you? In this role, you will: Assist Director and/or independently validate credit risk origination, behaviour, and collection scoring models, as well as new AI/ML models for domestic and international retail / Business banking portfolios. Manage and lead junior team members and supporting resources to conduct modelling and validation analysis. Provide coaching and feedback to team members. For the model being validated, review the methodology appropriateness and applicability, evaluate the quality of the model's input data, replicate the model building process, assess the performance of the model, execute independent calculations and analyze/interpret the model output, perform sensitivity tests and alternative benchmarking modelling. Based on the results of model validation, recommend improvements to the model or the model development process and identify material improvement opportunities in the models being validated. Responsible for drafting va
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