Raunaq Bhalla
Manager, Retail Provisions Quantitative Analytics @Scotiabank
Signup · Get unlimited contacts
WORK HISTORY
Manager, Retail Provisions Quantitative Analytics @Scotiabank
Toronto, ON, CA
Designed, tested, and implemented robust statistical codes for end-to-end Expected Credit Loss (ECL) generation, ensuring accuracy in provisioning methodologies across Canadian and International Banking (Panama, Costa Rica, Peru, Caribbean, and Chile) portfolios.• Led the integration of Forward-Looking Information (FLI) and Significant Increase in Credit Risk (SICR) into End-User-Code (EUC) ECL calculations, optimizing provisioning estimation for retail lending portfolios while ensuring compliance with IFRS 9 standards.• Conducted in-depth model variance investigations, refining Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) estimates to enhance credit risk assessment accuracy.• Partnered with IFRS 9 teams to validate model outputs, integrate FLI model results into impairment estimates, and ensure regulatory alignment through rigorous documentation and testing.• Conducted ECJ evaluations to refine provisioning estimates, incorporating expert insights into model adjustments to enhance risk assessment and regulatory alignment.
EDUCATION
The London School of Economics and Political Science (LSE)
Summer programme, Strategic Management
The indian school
CBSE 12, Science
University of Toronto - Rotman School of Management
Master of Science - MS, Management Analytics
The indian school
Class 10
Netaji Subhas Institute of Technology
Bachelor of Engineering - BE, Instrumentation and Control Engineering
ABOUT RAUNAQ BHALLA
Passionate about the intersection of data, risk, and financial strategy, I specialize in credit risk modeling, IFRS 9 provisioning, and advanced analytics to drive smarter, data-backed decision-making in banking. With a strong background in statistical modeling, machine learning, and financial analytics, I help institutions optimize provisioning, enhance risk assessment, and stay ahead of regulatory requirements.At Scotiabank, I work at the forefront of retail provisions analytics, designing and implementing end-to-end Expected Credit Loss (ECL) models for global portfolios. From integrating Forward-Looking Information (FLI) to conducting Expert Credit Judgment (ECJ) assessments, I translate complex risk metrics into actionable insights that strengthen financial resilience.
This profile is compiled from publicly available professional sources. Unifers is not affiliated with or endorsed by LinkedIn. Request removal of this profile.