Specialist, Scoring and Modeling

Who we are:

Fairstone Bank and its family of brands are united in delivering innovative, accessible and reliable financial solutions that enable Canadians to reach their goals.

Over the years, our brand family has grown. In 2024, Home Trust Company, Home Bank and Oaken Financial became part of the Fairstone Bank family of brands, alongside Fairstone, EdenPark and Fig.

Together, we are the leading alternative lending bank in Canada. We have the collective experience and expertise to better serve our customers and foster our partners' growth.

With a diverse suite of products—residential and commercial mortgages, consumer deposits and GICs, credit cards, retail and automobile financing, personal loans and digital lending—we offer financial solutions tailored to all Canadians, including newcomers, small-business owners, smart investors and savvy consumers.

Backed by nearly a century of lending experience through its legacy companies, Fairstone Bank and its brand family are proud to be Canada's leading alternative lending bank. ​

About the role:

We are seeking a highly skilled and motivated Specialist to join our Scoring & Modeling team. Reporting directly to the Director of Scoring & Modeling, this role will lead model development initiatives and provide critical support in data preparation, statistical modeling, model implementation, and model monitoring.

The ideal candidate will bring hands-on experience in developing predictive models using techniques such as logistic regression and machine learning algorithms, along with strong data manipulation skills in SAS and other programming tools.

Primary Roles & Responsibilities:

• Lead model development projects, with focus on credit risk scorecards, using various modeling techniques including Decision Trees, Logistic Regression and Machine Learning algorithms
• Extract, manipulate, and analyze raw data using mainly SAS to deliver timely, value-added insights for scoring initiatives
• Develop and maintain comprehensive model documentation that adheres to regulatory standards
• Support operational model implementation by liaising with related parties to ensure the models are deployed accurately and promptly
• Develop, maintain, and review model monitoring and validation reports and provide insight into model performance with respect to a given business use case
• Take lead in liaising with external partners such as credit bureaus and modeling consultants, to ensure credit bureau data needs and analytic requirements are met
• Keep abreast of new statistical and machine learning techniques and tools, and industry best practices to predictive modeling
• Provide technical guidance, proactive support, and data-driven recommendations to management from predictive modeling perspective
• Effectively communicate and present key findings to both technical and non-technical internal business stakeholders leveraging visualization tools and techniques

What we're looking for:

• Minimum 4 years of hands-on experience in analytics and predictive modeling within the financial services industry, ideally in a Credit Risk Analytics environment
• Bachelor's or Master's degree in a quantitative discipline such as Statistics, Economics, Actuarial Science, Engineering, or Mathematics
• Demonstrated understanding of credit risk model development, validation, and monitoring techniques
• Strong knowledge of statistical techniques and concepts (regression, gradient boosting, neural networks, clustering, etc.) with the skill to determine the appropriateness of a technique for a given business problem
• Strong data science capabilities, with proven experience in manipulating data using SAS, SQL, or Python
• Experience working with large-scale databases, data mining, and data warehousing
• Familiarity with Canadian raw credit bureau data is considered a strong asset
• Advanced skills in Microsoft Excel (e.g., pivot tables, index-match functions) and familiarity with Microsoft Access or other database tools
• Exceptional written and verbal communication skills, with the ability to engage stakeholders across all levels of the organization

What you'll love about working here:

• Award-Winning Culture: We're proud to be recognized as a Great Place to Work Canada 2025 and one of Montreal's Top Employers 2025 by Canada's Top 100 Employers.
• Work-Life Balance: Enjoy flexibility with our hybrid work model designed to support your lifestyle.
• Time to Recharge: Generous vacation based on your role, statutory holidays, plus 6 wellness days to prioritize your well-being.
• Compensation Package: Competitive base salary plus an annual incentive bonus tied to performance.
• Comprehensive Benefits: Robust health and dental coverage through Manulife, as well as virtual healthcare through Dialogue.
• Future-Ready Savings: Group Retirement Savings Plan with up to 7% employer match.
• Exclusive Perks: Discounts from top retailers via WorkPerks, plus location-based perks like gym memberships and Toronto Bike Share.
• On-Site Fitness: Gym access at our London and Montreal offices.
• Continuous Growth: Education Assistance Program and Fairstone Academy for training and skill development.
• Family Support: Parental leave top-up program to help you during life's big moments.
• Community Impact: One paid volunteer day to give back to causes that matter to you.
• For more information on who we are as an employer click here.

What you can expect - pay & process:

• Expected base salary range is $ $ , plus the opportunity to earn an annual incentive bonus tied to performance.    
• This posting is for an existing vacancy within our organization.
• Artificial intelligence may be used in parts of the recruitment process.
• All candidates considered for hire must successfully pass a criminal background check, credit check, and validation of their work experience to qualify for hire. 

If what you read excites you, we'd like to hear from you Please submit your application and we'll contact you if you become selected for first stages of the interview process.

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If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.

Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.

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