Jobs
>
Toronto

    Senior AI/ML Credit Risk Modeler - Toronto, Canada - Money Mart Financial Services

    Money Mart Financial Services
    Money Mart Financial Services Toronto, Canada

    5 days ago

    Default job background
    Full time
    Description

    Company Description

    Momentum Financial Services is a leading provider of financial services in North America. For 40 years, we've been committed to providing financial solutions that meet the evolving needs of consumers and business owners. Backed by a retail network of over 400 locations, we provide access to cash and related products to help our customers achieve their goals.

    Our highly skilled workforce puts customers first in everything we do. We serve 2 million people annually with diverse and innovative financial products such as loans, check cashing, money transfer and prepaid cards. Through this ever-evolving suite of services, we empower customers to manage their finances and improve their lives. Wherever customers are on their financial journey, Money Mart Financial Services provides solutions.

    #Corporate

    Job Description

    *Candidates must reside in the GTA area to be considered for this role as they will be required to be in office 3 days a week at the Toronto Corporate Office.

    Job Description:

    As a Senior Credit Risk AI/ML Scientist you will play a huge role not only with building models across our lending portfolio but also be involved in deploying and monitoring of the models in production.

    What you will do :

  • Develop and implement credit risk scoring models for personal loan origination using traditional and alternate datasets, including cash flow.
  • Analyze diverse datasets to identify trends and patterns that may impact credit risk incorporating structured and unstructured data sources.
  • Collaborate with cross-functional teams including data engineers, business analysts, and stakeholders to gather requirements and ensure alignment with business objectives.
  • Conduct thorough model validation and performance monitoring to ensure accuracy and effectiveness across multiple data streams.
  • Stay current with industry best practices, emerging trends, and regulatory requirements related to credit risk modeling, particularly in alternative data usage.
  • Communicate findings and insights to technical and non-technical stakeholders in a clear and concise manner, emphasizing the incorporation of alternative datasets.
  • Support model deployment and provide ongoing support for model maintenance and enhancements, particularly in the context of evolving data sources and regulatory landscapes.
  • Use ML to segment our customers based on behavior and propensity to engage with our various lending products
  • Recommend optimal segmentation strategy to build different models for different consumer segments.
  • Work on a modern AI/ML platform.
  • Use every dataset at disposal to build a feature store for AI/ML models as well as a customer 360 profile.
  • Set up testing infrastructure to test different underwriting and credit strategies for different lending products.
  • Conceive, design & monitor risk management strategies to improve business profitability in the areas of underwriting, credit line management, universe expansion and alternative data evaluation for lending.

    • Qualifications

    Skills and Experience:

  • 5+ years consumer credit risk experience including building credit scorecards/scoring systems.
  • Hands on experience building credit underwriting models and feature engineering.
  • Familiarity with bureau data and alternate data is a strong requirement.
  • Strong development experience with Python is a must along with ML libraries (pandas, NumPy, scikit learn, TensorFlow)
  • Familiarity with H2O, Azure ML and Amazon Services is a plus but not required.
  • Strong Experience in SQL
  • Ability to thrive in a fast paced, team-oriented environment.
  • Master's degree or PhD. (preferred) in a quantitative field such as Mathematics, Statistics, Computer Science, Operations Research, Engineering
  • Experience in credit scoring models in consumer personal loans in banks and fintech's preferred.

    • Additional Information

    All your information will be kept confidential according to EEO guidelines.

    Additional Information

  • HomeEquity Bank

    Model Risk Manager

    2 days ago

    HomeEquity Bank Toronto, Canada

    WHO WE ARE · HomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio. As the only bank solely dedicated to serving homeowners 55 and up, we're passionate about helping Canadian homeowners live retire ...

  • EY

    Manager - Risk Modeling

    4 days ago

    EY Toronto, Canada

    At EY, you'll 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're counting on your unique voice and perspective to help EY become even better, too. Join us and build ...

  • CIBC

    Consultant, Quantitative Risk Modelling

    1 week ago

    CIBC Toronto, Canada

    We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients. · At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what ...

  • BMO Financial Group

    Manager - Risk Modeling and Analytics

    1 day ago

    BMO Financial Group Toronto, Canada

    100 King Street West Toronto Ontario,M5X 1A1 · This role is responsible for risk modeling and analytics activities for IFRS9 and CECL reporting requirements. Key area of focus includes, modeling data preparation, model development, model performance monitoring, ad-hoc activities ...

  • Scotiabank

    Manager, Market Risk Measurement and Model

    4 days ago

    Scotiabank Toronto, Canada

    Requisition ID: 181865 · Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. · Excited about **creating a safer financial world** by using your data, analytics, and modelling skills? - **Join us** · As the Market Risk Measurement ...

  • Definity Financial Corporation

    Specialist, Model Risk Oversight New

    2 days ago

    Definity Financial Corporation Toronto, Canada

    Job ID : 7382 · Category : Corporate Actuarial & Risk · Brand : Definity · Regular/Temporary : Regular · Fulltime/Parttime : Full Time · Location : Toronto, Canada · Posting Range : $69,800 - $140,400 · Definity is the parent company to some of Canada's most long-standing and inn ...

  • EY

    Manager - Wholesale Credit Risk Modeling

    1 week ago

    EY Toronto, Canada

    At EY, you'll 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're counting on your unique voice and perspective to help EY become even better, too. Join us and build ...

  • Royal Bank of Canada

    Data Scientist, Ai Model Risk

    2 days ago

    Royal Bank of Canada Toronto, Canada

    **Come Work with Us** · At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose. · Whether you're helping clients find new opportunities, developing new tech ...

  • EY

    Manager - Retail Modelling - Credit Risk

    1 week ago

    EY Toronto, Canada

    At EY, you'll 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're counting on your unique voice and perspective to help EY become even better, too. Join us and build ...

  • Manulife

    Associate Data Scientist, Model Risk Management

    1 day ago

    Manulife Toronto, Canada

    We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out ...

  • EY

    Manager - Risk Analytics and Strategy - Model Audit

    1 day ago

    EY Toronto, Canada

    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 buil ...

  • IFG International Financial Group Ltd

    Model Risk Specialist

    1 week ago

    IFG International Financial Group Ltd Ontario, Canada

    Our client, a Top 5 Bank in Canada is looking to hire a Senior Model Risk Specialist to their team for an initial 6-month contract with a possibility of extension/conversion.This role is currently hybrid, 2 days a week in office in Toronto. · Effectively identify risks associate ...

  • Questrade Financial Group

    Financial and Model Risk Manager

    2 days ago

    Questrade Financial Group Mississauga, Canada

    Questrade Financial Group (QFG) of Companies is committed to helping our customers become much more financially successful and secure. · We are everything a traditional financial institution is not. At QFG, you will be constantly moving forward, bringing the future of fintech int ...

  • Questrade Financial Group

    Financial and Model Risk Manager

    23 hours ago

    Questrade Financial Group Mississauga, Canada

    Questrade Financial Group (QFG) of Companies is committed to helping our customers become much more financially successful and secure. · We are everything a traditional financial institution is not. At QFG, you will be constantly moving forward, bringing the future of fintech int ...

  • JobContax

    Risk Modeller M/F

    5 days ago

    JobContax Toronto, ON, Canada

    Our client is a multidisciplinary engineering and environmental consultancy service. You will have the opportunity to deliver and lead on a wide variety of projects including large capital works design, water quality, and network optimization. You will help grow/develop the water ...

  • Definity Careers

    Specialist, Model Risk Oversight

    1 week ago

    Definity Careers Toronto, Canada Full time

    The Model Risk Oversight function in Enterprise Risk Management (ERM) provides oversight for the Model Risk Management framework through which the model risks across the organization are identified, measured, managed, monitored, and reported. The scope and depth of model oversigh ...

  • Definity Financial

    Specialist, Model Risk Oversight

    3 days ago

    Definity Financial Toronto, Canada Full time

    Job Description · The Model Risk Oversight function in Enterprise Risk Management (ERM) provides oversight for the Model Risk Management framework through which the model risks across the organization are identified, measured, managed, monitored, and reported. The scope and depth ...

  • Definity Financial

    Specialist, Model Risk Oversight

    5 days ago

    Definity Financial Toronto, Canada Full time

    Job Description · The Model Risk Oversight function in Enterprise Risk Management (ERM) provides oversight for the Model Risk Management framework through which the model risks across the organization are identified, measured, managed, monitored, and reported. The scope and depth ...

  • Definity Careers

    Specialist, Model Risk Oversight

    1 week ago

    Definity Careers Toronto, Canada Full time

    The Model Risk Oversight function in Enterprise Risk Management (ERM) provides oversight for the Model Risk Management framework through which the model risks across the organization are identified, measured, managed, monitored, and reported. The scope and depth of model oversigh ...

  • Definity Financial Corporation

    Specialist, Model Risk Oversight New

    2 days ago

    Definity Financial Corporation Mississauga, Canada

    Job ID : 7382 · Category : Corporate Actuarial & Risk · Brand : Definity · Regular/Temporary : Regular · Fulltime/Parttime : Full Time · Location : Mississauga, Canada · Posting Range : $69,800 - $140,400 · Definity is the parent company to some of Canada's most long-standing and ...