EY Hiring for Manager or Senior Manager, Model Developer, Credit Risk at Toronto, ON Full Time

At EY, you will have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we are counting on your unique voice and perspective to help EY become even better too. Join us and build an exceptional experience for yourself, and a better working world for all.

We help the world’s largest financial institutions navigate the intricate regulatory environment to effectively manage and assess capital in support of their ongoing strategies. More than ever, financial institutions are investing in enhancing their capital management capabilities to make better business decisions, presenting us with the unique opportunity to rally together to solve our clients’ most complex challenges.

The opportunity

This position is extremely complex and highly technical. Management of asset quality using predictive risk models as well as management of regulatory and economic capital via Basel II parameters is highly specialized. You will require the right balance of statistical modeling skills and creativity to create a proactive environment.

The incumbent has obtained an education in the analytical field and possesses knowledge/experience in building credit risk models, Basel II parameters, datamining, analytical and problem-solving skills, or equivalent.

You must keep pace with changes in risk management methodologies including but not limited to the predictive scoring and Basel II. The incumbent must be able to support background analytics through effective oral and written communication and manage highly specialized/technical resources. He/she must have strong results focus to drive the project through to successful completion.

Skills and attributes for success

Strong communication, presentation and technical writing skills to describe ideas, concepts and issues that involve interpretation, analysis and assessment of complex conceptual topics

To qualify for the role you must have

University degree in Statistics, Mathematics, Economics, Operations Research, etc. (Ph.D is NOT required)

At the minimum three years previous work experience in an analytical role using SAS or any other statistical/data mining software

Proven analytical and technical skills required including quantitative analysis, programming and statistical model development

Strong mainframe, UNIX and PC skills

Expert knowledge of statistical software packages, including SAS and KnowledgeStudio

Expert knowledge of manipulating data using Excel and SQL

Excellent knowledge of bank products and credit lending services

Good knowledge of the Basel II Framework (specific to Retail parameter estimation and documentation)

Expert knowledge of sound practices in scorecard as well as PD, EAD, and LGD model development, validation, deployment, documentation and on-going compliance coupled with deep understanding of modeling theory and methodologies combined with practical application.

Strong knowledge of risk management best practices

Experience working in a major Financial Industry

Excellent knowledge of bank products and credit lending

Proven ability to work with teams in a professional and productive manner

Excellent interpersonal, relationship building and communication skills written and verbal)

Excellent analytical problem solving and technical skills

Excellent time management, planning and organizing skills to manage multiple priorities and deliver quickly under pressure

Strong leadership and mentoring skills

Strong project management and change management skills

Ideally, you’ll also have

Self starting attitude, the ability to think out of the box and driven by new challenges.

Developing and maintaining productive relationships with clients.

What we look for

If you’re a natural leader with a talent for answering and communicating complex client problems, we’re interested in you. You’ll need to be great at influencing people, ready to listen and confident in challenging the status quo. If you have a genuine passion for helping businesses and addressing their most pressing problems, this role is for you.

What we offer

At EY, our Total Rewards package supports our commitment to creating a leading people culture – built on high-performance teaming – where everyone can achieve their potential and contribute to building a better working world for our people, our clients and our communities. It’s one of the many reasons we repeatedly win awards for being a great place to work.

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package allows you decide which benefits are right for you and which ones help you create a solid foundation for your future. Our Total Rewards package includes a comprehensive medical, prescription drug and dental coverage, a defined contribution pension plan, a great vacation policy plus firm paid days that allow you to enjoy longer long weekends throughout the year, statutory holidays and paid personal days (based on province of residence), and a range of exciting programs and benefits designed to support your physical, financial and social well-being. Plus, we offer:

Support and coaching from some of the most engaging colleagues in the industry

Learning opportunities to develop new skills and progress your career

The freedom and flexibility to handle your role in a way that’s right for you

Diversity and Inclusion at EY

Diversity and inclusiveness are at the heart of who we are and how we work. We’re committed to fostering an environment where differences are valued, policies and practices are equitable, and our people feel a sense of belonging. From our actions to combat systemic racism and our advocacy for the LGBT+ community to our innovative Neurodiversity Centre of Excellence and Accessibility initiatives, we welcome and embrace the diverse experiences, abilities, backgrounds and perspectives that make our people unique and help guide us. Because when people feel free to be their authentic selves at work, they bring their best and are empowered to build a better working world.

EY Way of Work and your health and safety

EY Way of Work recognizes flexibility in the way we collaborate, innovate and deliver with the ability to work in-person and remotely. To support a healthy and safe in-person working environment, EY has implemented various layers of health and safety controls while working in the office or at client or other locations. A critical component of EY’s workplace safety program includes our COVID-19 vaccination policy which requires all personnel to be fully vaccinated against COVID-19 unless an accommodation based on a reason protected by human rights legislation is provided.

EY | Building a better working world

EY exists to build a better working world, helping to create long-term value for clients, people, and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform, and operate.

Working across assurance, consulting, law, strategy, tax, and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.