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At Coast Capital, we’re not dreaming about a better future, we’re building one.

As a member-owned cooperative, we’re helping our members with their real goals and real challenges so they can live the real life they want. It’s what we’ve been doing for over 80 years, and it’s why today we stand almost 600,000 members strong. Plus, we invest 10% of our budgeted profits back into our community – almost $90 million since 2000 alone – because when our members do well, we believe our communities should do well too.   

Senior Model Validation Analyst

Apr 2, 2026

Location(s): Greater Vancouver Area; Greater Toronto Area

Job Type: Full Time Regular 

myWork Program: Hybrid

Starting Salary Range: $73,800.00 - $101,000.00

Background Screening Requirement: 

  • Enhanced Criminal Record Check
  • Credit Check
  • Identity Verification 
  • Employment Verification
  • References

 

 

 

Job Purpose

 

As a Senior Model Validation Analyst, you'll serve as a safeguard, evaluating both new and established models to confirm they are sound, fit for purpose and understandable. This position offers the rewarding opportunity to engage with technological tools and the Quantitative Risk team to support business objectives. We have exciting goals in place for our validation team in the next 5 years. This is a career-building opportunity for an individual to work with a variety of risk models and help play a role in shaping our validation function within the organization.

 

This role is hybrid remote based out of our Surrey (9900 King George Blvd, Surrey, British Columbia) or Toronto office (3610, 181 Bay Street, Toronto, Ontario). Currently the team meets in office 1-2 times per month at most based on business needs.

 

Accountabilities

 

  • Conduct end-to-end validation of a diverse range of risk models, including those that support IFRS 9 (Expected Credit Loss), Internal Capital Adequacy Assessment Process (ICAAP), liquidity risk management, and stress testing, to ensure conceptual soundness and technical robustness.
  • Perform independent ongoing model performance review and validation, including backtesting and communicating remediation actions.
  • Contribute to the development and enhancement of model validation frameworks, leveraging Python and AWS to develop benchmarking analysis and improve the replicability of model output.
  • Ensure regulatory and policy compliance by assessing model alignment with OSFI requirements and internal MRM (Model Risk Management) policies and procedures.
  • Serve as a subject matter expert on emerging trends in quantitative risk management and financial technology. This includes supporting the enhancement of validation methodologies through continuous education.

 

Skills & Qualifications

 

  • Bachelor's degree in Mathematics, Statistics, Finance, or a related field
  • Certification in Financial Risk Management (FRM) is an asset
  • 2-5 experience years with statistical modeling tools and techniques, including direct experience with model validation, quantitative analytics, credit risk (PD / LGD / EAD)
  • Experience with credit risk management or OSFI regulations including expected credit loss, capital adequacy requirements and stress testing.
  • Expert statistical modeling techniques including experience with Python, AWS and Github.
  • Proficient in written and verbal communication skills.
  • Preference will be given to candidates with experience in ICAAP, IFRS 9, Stress Testing, OSFI, Back Testing, Gini, KS, Model Risk Management (MRM), FRM, CFA, AWS 

 

Equity, Diversity & Inclusion at Coast Capital

 

Don’t meet every single requirement? At Coast Capital, we believe everyone has potential. We are committed to building better, brighter, more inclusive futures for everyone – including our employees. We see the potential in our employees to achieve amazing things and want to invest in your future. If you’re excited about this career opportunity and your experience may not perfectly align with every qualification in this job posting, we still encourage you to apply. You may be just the right candidate for this or other opportunities at Coast Capital.

 

At Coast Capital, we are committed to equity, diversity and inclusion. We strongly encourage applications from Indigenous Peoples, Black, and racialized persons, persons with disabilities, people of diverse sexual and gender identities and women. We value applicants who have demonstrated a commitment to equity, diversity and inclusion and recognize that diverse perspectives, experiences and expertise benefit of our employees, our members, and our community.

 

Coast Capital is committed to providing an accessible recruitment experience. If you are a candidate with a disability and require accommodation(s) during any stage of the recruitment process, please contact us at accessibility@coastcapitalsavings.com or 778-391-5836. This contact is intended solely for inquiries or feedback related to accessibility barriers, accommodation requests or alternate format requests. We will work with you to ensure your needs are met. You will only receive a response to inquiries related to these topics. 

 

Why join Coast Capital Savings?

  • Purpose is our North Star. We look at everything through our purpose. It informs the advice we provide our members, the experiences and products we create, and the programs we build to support our employees and communities.
  • Committed to inclusion and engagement. We have an ongoing focus on equity, diversity, and inclusion and routinely track how we’re doing, and what we need to do to keep improving. We foster a culture where everyone can feel safe to be who they really are and thrive.
  • A career that grows with you. We believe in developing our people and promoting from within. Many employees have spent decades, and sometimes their entire careers, with Coast Capital and have progressed from the frontlines to senior leadership.
  • Work where you’re most effective. In 2020 the world changed, and that includes how we work. In response to COVID-19 we launched myWork, which gives employees flexibility in where they work based on the nature of their role.
  • Benefits that flex to the needs of you and your family.  We offer comprehensive, customizable benefits for you and your family, so you can choose what fits best for you and your lifestyle.
  • Retirement options. We also take care of our employees once they retire. That’s why we offer the choice of a defined contribution or defined benefit pension plan or RSP’s.
  • Mortgage and auto financing benefits. Employees save thousands on their mortgages and auto loans with best-in-category benefits.
  • Real Recognition. We recognize excellence throughout the year, through an online community that lets employees give kudos and thanks throughout the year.  We’re human, which means we like to have fun with events, celebrations, and recognition throughout the year.
  • An award winning culture. We’re a Platinum member of Canada’s Best Managed Companies and are regularly recognized by Canada’s Most Admired Corporate Cultures and the BC Top Employers Awards.
  • We reinvest 10% back into the community. When we do well, our communities do well. That’s why since 2000 we’ve invested over $90 million into our member’s communities. 
  • Double your impact. Through our employee volunteer program, Coast Capital donates $10 for every hour you volunteer to a Canadian charity or non-profit of your choice.

D&I at Coast

At Coast Capital, we value diversity, equity and inclusion. We’re not all the same and we like it that way. We don’t just accept differences - we celebrate, support, and we thrive on them for the benefit of our employees, our members, and our community. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills.
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