Manager, Ccr Model Validation

BMO

Toronto, Canada
Base: $75,900.00 - $141,900.00; bonus/equity: not ...
Market risk and ccr model validation
Assess model risk and controls
Communicate model decisions to business
Performs validation of Market Risk and CCR models and assesses model risk to confirm model appropriateness and capability for a designated portfolio

Job Summary

  • Performs validation of Market Risk and CCR models and assesses model risk to confirm model appropriateness and capability for a designated portfolio.
  • Represents the model validation program / portfolio for internal/external regulatory audits and/or examinations.
  • BMO offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

Matching Summary

Performs validation of Market Risk and CCR models and assesses model risk to confirm model appropriateness and capability for a designated portfolio.

Salary

Base: $75,900.00 - $141,900.00; Bonus/Equity: Not specified; Benefits: Health insurance, tuition reimbursement, accident and life insurance, retirement savings plans

Skills & Requirements

Must-have

  • Market Risk and CCR model validation
  • Assess model risk and controls
  • Communicate model decisions to business
  • Develop validation strategies and plans
  • Independent model validation and testing
  • Quantify model risks and document outcomes

Nice-to-have

  • Trusted advisor to risk teams
  • Influence and negotiate business objectives
  • Build change management plans
  • Research and develop new model validation techniques
  • Collaborate with internal/external stakeholders

Key Requirements

  • 3-5 years of relevant experience
  • Master's or PhD degree in a related field
  • In-depth knowledge of model validation
  • In-depth knowledge of regulatory requirements

Work Rights

Not specified

Tailored Resume

Cover Letter