Credit Risk Model Validation

BMO

Chicago, IL, US
Base: $74,000.00 - $138,000.00; bonus/equity: perf...
Credit risk model validation experience
Proficiency in python and sas required
In-depth knowledge of regulatory requirements
This role is part of the second-line governance function focused on validating credit risk models such as AIRB Capital models

Job Summary

  • This role is part of the second-line governance function focused on validating credit risk models such as AIRB Capital models.
  • The position requires performing model validation activities across different stages of the model life cycle while providing effective challenge to developers.
  • BMO offers a comprehensive benefits package including health insurance, tuition reimbursement, and retirement savings plans.

Matching Summary

This role is part of the second-line governance function focused on validating credit risk models such as AIRB Capital models.

Salary

Base: $74,000.00 - $138,000.00; Bonus/Equity: Performance-based incentives and discretionary bonuses possible; Benefits: Health insurance, tuition reimbursement, accident/life insurance, retirement savings

Skills & Requirements

Must-have

  • Credit risk model validation experience
  • Proficiency in Python and SAS required
  • In-depth knowledge of regulatory requirements

Nice-to-have

  • Experience with R statistical software
  • Strong quantitative background
  • Collaborative team environment

Key Requirements

  • 5-7 years of relevant experience
  • Post-secondary degree in related field or MBA
  • Deep knowledge of risk policy frameworks

Work Rights

Not specified

Tailored Resume

Cover Letter