$94,600.00 - $176,000.00; not specified; health in...
Hybrid
Credit risk model validation
Stress testing models
Allowance models
You perform the validation of models and assess the model risk to confirm model appropriateness and capability for a designated portfolio
Job Summary
You perform the validation of models and assess the model risk to confirm model appropriateness and capability for a designated portfolio.
Effective communication is crucial in this role, and you will manage relationships with model developers, owners, and users, influencing and advising on model risk-related matters.
BMO is at the forefront of innovation in model risk management, and you will be part of the team that drives change by embracing new technology platforms, tools, and operating models.
Matching Summary
You perform the validation of models and assess the model risk to confirm model appropriateness and capability for a designated portfolio.
Salary
$94,600.00 - $176,000.00; Not specified; Health insurance, tuition reimbursement, accident and life insurance, retirement savings plans
Skills & Requirements
Must-have
Credit risk model validation
Stress Testing models
Allowance models
Model performance monitoring
Effective challenge
Stakeholder engagement
Regulatory expertise
Nice-to-have
Data science
Big data tools
Cloud platforms
Research mindset
Cross-group collaboration
Key Requirements
MSc or PhD in quantitative fields
7+ years of experience in model development/validation