Senior Model Risk Specialist - Anti Money Laundering And Fraud Model Validation

BMO

Toronto, Canada
Base: $75,900.00 - $141,900.00; bonus/equity: not ...
Aml and fraud model validation
Sas, python, and sql proficiency
Model risk management
Success in this role depends on a strong foundation in AML and model validation—particularly within AML and fraud models—paired with solid hands‑on skills in SAS, Python, and SQL

Job Summary

  • Success in this role depends on a strong foundation in AML and model validation—particularly within AML and fraud models—paired with solid hands‑on skills in SAS, Python, and SQL.
  • The mandate of this position is to effectively identify risks associated with models, timely, accurately and independently assess models used in the areas of responsibility, and tactfully provide recommendations to model owners and users to mitigate the risks.
  • BMO offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans as part of its total compensation package.

Matching Summary

Success in this role depends on a strong foundation in AML and model validation—particularly within AML and fraud models—paired with solid hands‑on skills in SAS, Python, and SQL.

Salary

Base: $75,900.00 - $141,900.00; Bonus/Equity: Not specified; Benefits: Health insurance, tuition reimbursement, accident and life insurance, retirement savings plans

Skills & Requirements

Must-have

  • AML and fraud model validation
  • SAS, Python, and SQL proficiency
  • Model risk management
  • Regulatory compliance for AML models
  • Statistical and machine learning techniques
  • Model validation reporting

Nice-to-have

  • Effective communication skills
  • Conflict resolution ability
  • Relationship management
  • Training and mentoring junior staff
  • Adaptability to programming languages
  • Peer benchmarking

Key Requirements

  • Minimum Master’s Degree in quantitative field
  • 3+ years AML/Fraud or machine learning experience
  • AML designation such as CAMS or ACAMS preferred
  • Advanced SAS proficiency
  • Knowledge of regulatory requirements on AML models

Work Rights

Not specified

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