Manager, Credit Risk Model Validation

BMO

Toronto, Canada
Base: $75,900.00 - $141,900.00; bonus/equity: perf...
Model validation experience
Regulatory requirements knowledge
Risk policy frameworks expertise
The role involves validating models and assessing model risk to confirm appropriateness for a designated portfolio while providing effective challenge during development

Job Summary

  • The role involves validating models and assessing model risk to confirm appropriateness for a designated portfolio while providing effective challenge during development.
  • Candidates must possess in-depth knowledge of regulatory requirements and risk policy frameworks to ensure alignment with BMO's purpose and values.
  • The position offers a competitive salary range of $75,900.00 - $141,900.00 along with comprehensive benefits including health insurance and retirement savings plans.

Matching Summary

The role involves validating models and assessing model risk to confirm appropriateness for a designated portfolio while providing effective challenge during development.

Salary

Base: $75,900.00 - $141,900.00; 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

  • Model validation experience
  • Regulatory requirements knowledge
  • Risk policy frameworks expertise
  • Data analysis and testing skills
  • Stakeholder communication abilities

Nice-to-have

  • Strategic planning capabilities
  • Change management leadership
  • Diversity and inclusion focus
  • Team coaching and development
  • Emerging trends research skills

Key Requirements

  • 5-7 years relevant experience
  • Post-secondary degree in related field
  • In-depth knowledge of model validation practices
  • Experience with risk policy frameworks
  • Strong analytical and problem-solving skills

Work Rights

Not specified

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