Manager, Credit Risk Model Validation

BMO

Toronto, Canada
$75,900.00 - $141,900.00; not specified; health in...
On-site
Model validation practices
Model risk management
Regulatory requirements knowledge
Performs validation of models and assesses model risk to confirm model appropriateness and capability for a designated portfolio

Job Summary

  • Performs validation of models and assesses model risk to confirm model appropriateness and capability for a designated portfolio.
  • Assesses model’s capabilities, stress points and limitations; assesses the associated model risk and the controls in place to mitigate identified risks.
  • Represents the model validation program / portfolio for internal/external regulatory audits and/or examinations.

Matching Summary

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

Salary

$75,900.00 - $141,900.00; Not specified; Health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans

Skills & Requirements

Must-have

  • Model validation practices
  • Model risk management
  • Regulatory requirements knowledge
  • Risk policy frameworks
  • Quality control testing

Nice-to-have

  • Fosters diversity and inclusion
  • Builds interdependent teams
  • Acts as a trusted advisor
  • Data driven decision making

Key Requirements

  • 5 - 7 years of relevant experience
  • Post-secondary degree in related field
  • In-depth knowledge of model validation
  • In-depth knowledge of regulatory requirements
  • In-depth knowledge of risk policy frameworks

Work Rights

Not specified

Tailored Resume

Cover Letter