Senior Manager, Model Validation

BMO

Toronto, ON, Canada
Base: $94,600.00 - $176,000.00; bonus/equity: perf...
7+ years model validation experience
Expert knowledge of aml and fraud models
Proficiency in python, sas, r, sql
The role involves independently validating complex AML, fraud, and customer behavioral analytics models while ensuring compliance with the Enterprise Model Risk Management Framework

Job Summary

  • The role involves independently validating complex AML, fraud, and customer behavioral analytics models while ensuring compliance with the Enterprise Model Risk Management Framework.
  • Candidates will provide effective challenge to model developers, communicate identified risks to senior management, and lead change management programs within the organization.
  • BMO offers a comprehensive benefits package including health insurance, tuition reimbursement, and retirement savings plans alongside a competitive salary range.

Matching Summary

The role involves independently validating complex AML, fraud, and customer behavioral analytics models while ensuring compliance with the Enterprise Model Risk Management Framework.

Salary

Base: $94,600.00 - $176,000.00; Bonus/Equity: Performance-based incentives and discretionary bonuses possible; Benefits: Health insurance, tuition reimbursement, accident/life insurance, retirement savings plans

Skills & Requirements

Must-have

  • 7+ years model validation experience
  • Expert knowledge of AML and fraud models
  • Proficiency in Python, SAS, R, SQL
  • Deep understanding of regulatory requirements
  • Experience with machine learning and statistical modeling

Nice-to-have

  • Strong cross-group collaboration skills
  • Ability to manage ambiguity effectively
  • Excellent verbal and written communication
  • Experience supervising junior analysts
  • Knowledge of AI/ML modeling techniques

Key Requirements

  • 7+ years relevant experience in model validation
  • Advanced degree (Masters, PhD) in quantitative discipline
  • 5+ years experience in AML, fraud, or marketing campaign validation
  • In-depth knowledge of risk policy frameworks

Work Rights

Not specified

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