Manager, Capital Markets Model Validation

BMO Financial Group

Toronto, Ontario, Canada
Base: $75,900.00 - $141,900.00; bonus/equity: perf...
In-depth knowledge of model validation practices
Deep understanding of regulatory requirements
Experience with risk policy frameworks
The role involves validating models and assessing model risk to ensure appropriateness and capability for a designated portfolio

Job Summary

  • The role involves validating models and assessing model risk to ensure appropriateness and capability for a designated portfolio.
  • Candidates will act as trusted advisors, influencing business objectives and communicating decisions regarding model use to ensure transparency.
  • BMO offers a comprehensive benefits package including health insurance, tuition reimbursement, and retirement savings plans.

Matching Summary

The role involves validating models and assessing model risk to ensure appropriateness and capability for a designated portfolio.

Salary

Base: $75,900.00 - $141,900.00; Bonus/Equity: Performance-based incentives and discretionary bonuses possible; Benefits: Health insurance, tuition reimbursement, accident/life insurance, retirement savings

Skills & Requirements

Must-have

  • In-depth knowledge of model validation practices
  • Deep understanding of regulatory requirements
  • Experience with risk policy frameworks
  • Strong analytical and problem-solving skills
  • Ability to challenge model development

Nice-to-have

  • Strategic planning and execution experience
  • Change management leadership skills
  • Excellent verbal and written communication
  • Collaboration with internal and external stakeholders
  • Data-driven decision-making capabilities

Key Requirements

  • 5-7 years of relevant experience
  • Post-secondary degree in related field (MBA preferred)
  • In-depth knowledge of model risk management practices
  • Expertise in regulatory directives and guidance

Work Rights

Not specified

Tailored Resume

Cover Letter