Senior Manager - Credit Risk Model Validation

BMO

Chicago, Illinois, US
Base: $102,000.00 - $190,000.00; bonus/equity: per...
7+ years relevant experience
Model life cycle expertise
Regulatory requirements knowledge
The role provides oversight, monitoring, and reporting on model risk for a designated portfolio while developing the model risk management framework

Job Summary

  • The role provides oversight, monitoring, and reporting on model risk for a designated portfolio while developing the model risk management framework.
  • Candidates must possess in-depth expert knowledge of regulatory requirements and model risk management practices to ensure compliance and effective monitoring.
  • BMO offers a comprehensive compensation package including health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

Matching Summary

The role provides oversight, monitoring, and reporting on model risk for a designated portfolio while developing the model risk management framework.

Salary

Base: $102,000.00 - $190,000.00; Bonus/Equity: Performance-based incentives and discretionary bonuses possible; Benefits: Health insurance, tuition reimbursement, accident and life insurance, retirement savings plans

Skills & Requirements

Must-have

  • 7+ years relevant experience
  • Model life cycle expertise
  • Regulatory requirements knowledge
  • Risk policy frameworks
  • Quality control testing

Nice-to-have

  • Cross-group collaboration skills
  • Data driven decision making
  • Influence and negotiation skills
  • Change management leadership
  • Diversity and inclusion focus

Key Requirements

  • Post-secondary degree in related field
  • 7+ years of relevant experience
  • Expert knowledge of risk policy frameworks
  • Expert verbal and written communication skills

Work Rights

Not specified

Tailored Resume

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