Manager, Credit Risk Model Validation

BMO Financial Group

Toronto, ON, Canada
Base: $75,900.00 - $141,900.00; bonus/equity: may ...
Model validation and testing experience
Regulatory requirements knowledge
Risk policy framework expertise
The role involves performing independent validation of models to confirm their appropriateness and capability for a designated portfolio while assessing associated risks

Job Summary

  • The role involves performing independent validation of models to confirm their appropriateness and capability for a designated portfolio while assessing associated risks.
  • Candidates must possess in-depth knowledge of regulatory requirements and risk policy frameworks to effectively challenge model development and communicate decisions.
  • The position offers a competitive salary range, comprehensive benefits including health insurance and retirement plans, and opportunities for career development within an inclusive culture.

Matching Summary

The role involves performing independent validation of models to confirm their appropriateness and capability for a designated portfolio while assessing associated risks.

Salary

Base: $75,900.00 - $141,900.00; Bonus/Equity: May include performance-based incentives and discretionary bonuses; Benefits: Health insurance, tuition reimbursement, accident/life insurance, retirement savings plans

Skills & Requirements

Must-have

  • Model validation and testing experience
  • Regulatory requirements knowledge
  • Risk policy framework expertise
  • Data analysis and assessment skills
  • Stakeholder communication abilities

Nice-to-have

  • Collaborative team building skills
  • Change management leadership
  • Strategic planning capabilities
  • Diversity and inclusion advocacy
  • Emerging trend research skills

Key Requirements

  • 5-7 years relevant experience
  • Post-secondary degree in related field
  • In-depth knowledge of model risk management
  • Experience with quality control testing frameworks

Work Rights

Not specified

Tailored Resume

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