Manager, Quantitative Model Validation (model Vetting)

TMX Group

Toronto, Canada
Base: 125,000pyear - 150,000pyear cad; bonus/equit...
On-site
Quantitative model validation
Risk models and non-models
Financial risk analysis
The TMX Group Model Validation Department provides independent, objective validation and an effective challenge of risk models and non-models, primarily for Post Trade subsidiaries

Job Summary

  • The TMX Group Model Validation Department provides independent, objective validation and an effective challenge of risk models and non-models, primarily for Post Trade subsidiaries.
  • The Manager, Quantitative Model Validation performs quantitative and qualitative validation of models and non-models developed to assess and analyze market, credit, liquidity and financial risks.
  • The role involves managing and monitoring the work performed by senior analysts, guiding them to meet required analysis and reporting standards.

Matching Summary

The TMX Group Model Validation Department provides independent, objective validation and an effective challenge of risk models and non-models, primarily for Post Trade subsidiaries.

Salary

Base: 125,000/year - 150,000/year CAD; Bonus/Equity: Not specified; Benefits: Not specified

Skills & Requirements

Must-have

  • Quantitative model validation
  • Risk models and non-models
  • Financial risk analysis
  • Advanced modelling techniques
  • Regulatory compliance
  • Model risk management framework

Nice-to-have

  • Independent validation and challenge
  • Enhancing capital markets
  • Systematic and disciplined approach
  • Global economic growth

Key Requirements

  • Master degree in quantitative fields
  • 5+ years of relevant experience
  • 2+ years of work/team managing role
  • Experience assessing work of other experts
  • Hands-on experience developing quantitative models
  • Knowledge of programming tools (Matlab, Python)
  • Ability to write in-depth analytical reports

Work Rights

Not specified

Tailored Resume

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