Senior Manager - Model Validation

BMO

Chicago, IL, United States
Base: $102,000.00 - $190,000.00; bonus/equity: not...
Derivative/financial products knowledge
Interest rate/fixed income expertise
Mbs, commodity, fx asset classes
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.
  • Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
  • BMO offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

Matching Summary

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

Salary

Base: $102,000.00 - $190,000.00; Bonus/Equity: Not specified; Benefits: Health insurance, tuition reimbursement, accident and life insurance, retirement savings plans

Skills & Requirements

Must-have

  • Derivative/financial products knowledge
  • Interest rate/fixed income expertise
  • MBS, commodity, FX asset classes
  • Model validation strategies and plans
  • Model risk management practices
  • Risk policy frameworks
  • Quality control/testing framework

Nice-to-have

  • Fosters diversity and inclusion
  • Builds interdependent teams
  • Coaches employees and supports development
  • Networks with industry contacts
  • Leads change management programs

Key Requirements

  • 7+ years relevant experience
  • Post-secondary degree or equivalent
  • In-depth model validation knowledge
  • In-depth risk management knowledge
  • In-depth financial products knowledge

Work Rights

Not specified

Tailored Resume

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