Senior Manager, Model Validation

BMO

Toronto, Canada
Base: $94,600.00 - $176,000.00; bonus/equity: not ...
Derivative/financial product knowledge
Interest rate/fixed income expertise
Model risk management practices
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.
  • Provides strategic input into business decisions as a trusted advisor, making recommendations to senior leaders on strategy and new initiatives.
  • Leads the development of the communication strategy focusing on positively influencing or changing behaviour and leads change management programs.

Matching Summary

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

Salary

Base: $94,600.00 - $176,000.00; Bonus/Equity: Not specified; Benefits: Health insurance, tuition reimbursement, accident and life insurance, retirement savings plans

Skills & Requirements

Must-have

  • Derivative/financial product knowledge
  • Interest rate/fixed income expertise
  • Model risk management practices
  • Regulatory requirements knowledge
  • Risk policy frameworks
  • Quality control/testing frameworks

Nice-to-have

  • Fosters diversity and inclusion
  • Data driven decision making
  • Strategic input into business decisions
  • Network with industry contacts
  • Creative problem solving

Key Requirements

  • 7+ years of relevant experience
  • Post-secondary degree in related field
  • Expert knowledge in derivative/financial products
  • Expert knowledge in commodity and foreign exchange asset classes
  • Expert knowledge of regulatory requirements
  • Expert knowledge & experience with risk policy frameworks
  • Expert knowledge & experience with quality control / testing frameworks

Work Rights

Not specified

Tailored Resume

Cover Letter