Senior Manager, Credit Risk Model Validation

BMO Financial Group

Toronto, Ontario, Canada
Base: $94,600.00 - $176,000.00; bonus/equity: perf...
In-depth knowledge of model life cycle
Expert understanding of regulatory requirements
Experience with risk policy frameworks
The role provides oversight, monitoring, and reporting on model risk for a designated portfolio while developing the model risk management framework

Job Summary

  • The role provides oversight, monitoring, and reporting on model risk for a designated portfolio while developing the model risk management framework.
  • Candidates must possess expert knowledge of regulatory requirements and the ability to interpret new regulations impacting the governance framework.
  • BMO offers a comprehensive benefits package including health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans.

Matching Summary

The role provides oversight, monitoring, and reporting on model risk for a designated portfolio while developing the 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

Skills & Requirements

Must-have

  • In-depth knowledge of model life cycle
  • Expert understanding of regulatory requirements
  • Experience with risk policy frameworks
  • Quality control and testing frameworks expertise
  • Strong analytical and problem-solving skills

Nice-to-have

  • Ability to manage ambiguity effectively
  • Cross-group collaboration and team building
  • Data-driven decision-making capabilities
  • Strategic influence and negotiation skills
  • Commitment to diversity and inclusion values

Key Requirements

  • 7+ years of relevant experience
  • Post-secondary degree in related field
  • Expert verbal and written communication skills

Work Rights

Not specified

Tailored Resume

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