Scotiabank · 3 hours ago
Associate Director/Director Mortgage Analytics Model Developer/Quant
New York, NY
Full-time
Onsite
Mid, Senior Level, Lead/Staff
$225K/yr - $300K/yr
5+ years expScotiabank is a leading bank in the Americas, operating globally for over 100 years. The Associate Director/Director Mortgage Analytics Model Developer/Quant will lead the development and governance of models and analytics for mortgage trading products, while collaborating with various teams to ensure regulatory compliance and accurate risk reporting.
BankingFinanceFinancial Services
Responsibilities
Develop / maintain models that accurately capture exposures and risk metrics for internal risk reporting (including DV01, CS01, VaR, P&L attribution, and scenario-based sensitivities)
Ensure outputs are scalable and flexible enough to interface with Risk Management and Back Office within Scotiabank’s reporting infrastructure and support automated reporting workflows
Work closely with Technology to ensure accuracy and integrity of data across models and analytics feeds
Support valuation and control processes across RMBS and whole loans including price verification and periodic calibration
Collaborate with broader Analytics team to meet regulatory compliance and reporting requirements
Support the Model Risk Management team on inventory, validation, documentation, and review of models in accordance with regulatory standards and internal model risk governance
Collaborate with risk teams on the implementation of stress testing including regulatory-prescribed and internally developed stresses
Partner with trading desk to develop processes and analytics for pricing, stress testing, and scenario analysis
Monitor exposure to credit, prepayment, interest-rate, and structural risk factors in whole loan and RMBS portfolio
Provide analytics on portfolio performance and offer insights on optimizations (hedging efficiency, pricing adjustments, and relative-value opportunities)
Provide analytics and insights from market data (prepayment, delinquency, geographic performance trends, loan feature performance attribution analysis, etc.)
Qualification
Required
5+ years of experience in Non-Agency Mortgage modeling and analytics
Strong technical knowledge of mortgage products
Proven ability to design, validate, and maintain models that support risk management, valuation, and regulatory compliance
Experience embedding model outputs into risk and regulatory reporting infrastructure
Ability to partner effectively with Trading, Risk, and Technology teams to deliver actionable analytics and insights
A builder's mindset—excited by the opportunity to shape a new business line, establish best practices, and create robust analytics from the ground up
Benefits
Flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs
Company
Scotiabank
Scotiabank is a banking firm that provides banking and financial services.
10001+ employees
H1B Sponsorship
Scotiabank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
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Trends of Total Sponsorships
2025 (52)
2024 (55)
2023 (29)
2022 (38)
2021 (38)
2020 (15)
Funding
Current Stage
Public CompanyTotal Funding
$1.07B2024-04-17Post Ipo Debt· $1.07B
1972-03-01IPO
Leadership Team
Jabar Singh
President & CEO Scotiabank Colpatria (Colombia) & Head Central America & Caribbean
L.Scott Thomson
President and CEO
Recent News
Canada NewsWire
2025-12-24
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