Credit Risk Model Validation

BMO

Chicago, Illinois, US
Base: $74,000.00 - $138,000.00; bonus/equity: not ...
Credit risk models validation
Model risk management practices
Python and sas proficiency
This role is part of the second-line governance and control function, with a primary focus on validating credit risk models such as AIRB Capital models, adjudication, and account management models

Job Summary

  • This role is part of the second-line governance and control function, with a primary focus on validating credit risk models such as AIRB Capital models, adjudication, and account management models.
  • You will be responsible for performing model validation activities across different stages of the model life cycle, providing effective challenge to model developers, and communicating model risk findings to stakeholders.
  • BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

Matching Summary

This role is part of the second-line governance and control function, with a primary focus on validating credit risk models such as AIRB Capital models, adjudication, and account management models.

Salary

Base: $74,000.00 - $138,000.00; Bonus/Equity: Not specified; Benefits: Health insurance, tuition reimbursement, accident and life insurance, retirement savings plans

Skills & Requirements

Must-have

  • Credit risk models validation
  • Model risk management practices
  • Python and SAS proficiency
  • Regulatory requirements knowledge
  • Effective challenge to developers

Nice-to-have

  • Collaborative environment
  • Advancing model risk governance
  • Diversity and inclusion culture
  • Strategic planning assistance

Key Requirements

  • 5-7 years relevant experience
  • Post-secondary degree or equivalent
  • Experience with R beneficial

Work Rights

Not specified

Tailored Resume

Cover Letter