Scotiabank

Manager, PPNR Modeling

Scotiabank$110K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Degree in a quantitative discipline (Economics, Finance, Statistics, Mathematics, Engineering); knowledge of statistical modelling preferred.
  • Experience in statistical model development or data analytics; proficiency in Python, including data science libraries.
  • Strong adaptability and desire to learn about financial concepts.
  • Effective communication skills for collaboration with diverse stakeholders.
  • Demonstrated professionalism, time management, and teamwork capabilities.

Responsibilities

  • Develop statistical models to project Pre-Provision Net Revenue using macroeconomic variables.
  • Execute stress testing exercises and apply models across various business lines.
  • Analyze results, explain key drivers, document assumptions, and prepare reporting materials.
  • Identify process automation opportunities and improve workflows for model development.
  • Support analysis of emerging risks including climate change and consumer debt.
  • Collaborate with business lines and model validation teams to clarify results and align models.

Benefits

  • Inclusive and collaborative work environment fostering creativity and curiosity.
  • Competitive rewards package including performance bonuses and employee share ownership.
  • Pension plan matching and health benefits starting from day one.
  • Opportunities for career development and progression.
Full Job Description
Requisition ID: 269344

The successful candidate will work on enterprise stress testing projects and support the development, implementation, analysis, and reporting of models for the Bank's balance sheet and income statement across major products and business lines. The role requires strong quantitative skills, programming capability, clear communication, and an interest in learning financial concepts from business lines.

Is this role right for you? In this role, you will:
  • Model Development: Work on statistical models to project PPNR (Pre-Provision Net Revenue) as a function of macroeconomic time series variables, using historical data, internal expertise, and scenario assumptions.
  • Stress Test Implementation: Execute stress testing exercises, apply models across business lines, and support the production of scenario-based outputs.
  • Result Analysis and Reporting: Analyze model outputs, explain key drivers, document assumptions and modelling processes, and prepare materials for internal stakeholders and external regulators.
  • Process Automation: Identify automation opportunities, improve production workflows, optimize code, and develop visualization tools to support model development and results review.
  • Emerging Risk Analysis: Support supplementary analysis and methodology development for emerging risk themes such as climate change, geopolitical risk, consumer indebtedness, and housing market pressures.
  • Cross-Functional Collaboration: Work with business lines, model validation, internal audit, other model development teams, and other stakeholders to explain results, support model alignment, and respond to inquiries.


Do you have the skills that will enable you to succeed? We'd love to work with you if you have:
  • Degree in Economics, Finance, Statistics, Mathematics, Engineering, or another related quantitative discipline; knowledge of statistical or econometric modelling and accounting is preferred.
  • Hands-on experience in statistical model development, model validation, or data analytics; proficiency in Python, including common data science and visualization libraries such as Pandas, NumPy, and Plotly; experience with version control tools such as Git.
  • Strong adaptability, ability to learn new concepts quickly, and interest in building financial knowledge.
  • Ability to communicate effectively and work collaboratively with stakeholders across diverse areas.
  • Demonstrates sound judgment, professionalism, time management, and teamwork skills.


What's in it for you?
  • An inclusive & collaborative working environment that encourages creativity, curiosity, and celebrates success!
  • We offer a competitive rewards package: Performance bonus, Employee Share Ownership Program, and Pension Plan Matching, Health Benefits from day one!
  • Your career matters! You will have access to career development and progression opportunities.


Location(s): Canada : Ontario : Toronto

Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

About Scotiabank

Scotiabankers are committed to helping individuals, companies, and communities to thrive in a changing world. From personal and business banking, brokerage, and insurance, to private wealth, and the most sophisticated commercial, corporate and institutional services, they serve the diverse needs of some 21 million customers in more than 55 countries. Founded in 1832 in Halifax, Nova Scotia, their growth has always been fuelled by the success of their customers and their longevity secured by an unshakable commitment to carefully and expertly managing risk and capital. That focus on doing what's right for customers—short- andlong-term—has made us a global financial services leader. Headquartered in Canada, they are over 86, 000 Scotiabankers strong. Each of us are committed to being the best at understanding their customers' needs and all of us working together to deliver practical advice and relevant solutions that help their customers become financially better off.

Scotiabank Careers

Join Scotiabank, a premier financial institution, and become part of a diverse and inclusive team that’s leading the way in global banking. At Scotiabank, we offer more than just job opportunities; we provide a platform for professional growth and innovation in the financial services industry.

Work You’ll Do

At Scotiabank, we’re not just filling positions; we’re cultivating leaders. Dive into a workplace where diversity training and leadership development shape the path to your future. Our commitment to professional growth is evident in our robust training programs and continuous learning opportunities that foster innovation and strategic thinking.

Explore a World of Opportunities

Whether you’re looking for a full-time position, an internship, or a leadership role, Scotiabank has a spectrum of opportunities to fit your career ambitions. Our team is composed of individuals who bring a wealth of skills and perspectives to our company, driving us forward with their creativity and strategic insights.

Innovative Work Environment

Scotiabank’s culture is one of collaboration and respect, where each team member’s contribution is valued. Engage in meaningful work that challenges you to leverage your skills and push the boundaries of what’s possible in the banking sector. Our innovative projects not only support the growth of the company but also ensure our position as a leader in the industry.

Benefits and Growth

Choosing a career at Scotiabank means opting for a life of growth and opportunity. Our employees enjoy competitive benefits, including comprehensive health coverage, retirement plans, and flexible working conditions, all designed to support your career and personal life. We believe in nurturing our team’s potential by providing them with the tools they need to succeed both professionally and personally.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Scotiabank by searching our open positions that match your skills and interests. We are continuously hiring and looking for passionate, curious, and solution-driven team players.

Networking and Professional Development

Stay connected and advance your career through Scotiabank’s extensive networking opportunities. Participate in events that connect you with other professionals and leaders within the industry. Our career resources will help you prepare your resume, ace your interviews, and land the job that best suits your career goals.

Stay Ahead

Keep up to date with the latest in career tips, industry insights, and company news—all from the people who work here at Scotiabank. Personalize your experience by subscribing to job alert emails tailored to your preferences and be the first to know about new openings and exciting developments. Join Scotiabank and be part of a team that values integrity, respect, and accountability. Discover how your career can flourish in an environment committed to your professional development and personal growth.
Learn more about Scotiabank
Size
90,619 employees
Market Cap
$57.5 billion
Industry
5 Year Trend
+7%
NASDAQ

Similar Jobs

More Jobs at Scotiabank

More Finance & Insurance Jobs

Find similar Manager, PPNR Modeling jobs: