Manager, Quantitative Model Validation (model Vetting)

Canadian Derivatives Clearing Corporation

Toronto, ON, Canada
Base: 125,000 - 150,000 cadpyear; bonus/equity: no...
Hybrid
Master degree in finance or statistics
5+ years quantitative modeling experience
2+ years team management role
The role involves independently validating the soundness of risk models for TMX Group subsidiaries to ensure regulatory compliance

Job Summary

  • The role involves independently validating the soundness of risk models for TMX Group subsidiaries to ensure regulatory compliance.
  • Candidates will manage senior analysts, review their validation reports, and provide expert guidance on advanced modeling techniques.
  • The position offers a hybrid work arrangement based in Toronto with opportunities to influence critical global capital market systems.

Matching Summary

The role involves independently validating the soundness of risk models for TMX Group subsidiaries to ensure regulatory compliance.

Salary

Base: 125,000 - 150,000 CAD/year; Bonus/Equity: Not specified; Benefits: Hybrid workstyle, generous time-off, wellness programs

Skills & Requirements

Must-have

  • Master degree in Finance or Statistics
  • 5+ years quantitative modeling experience
  • 2+ years team management role
  • Proficiency in Python and Matlab
  • Knowledge of PFMI and OSFI regulations

Nice-to-have

  • Experience with EMIR Guidelines
  • Strong written and verbal communication
  • Ability to work in high pressure environment
  • Commitment to continuous self-improvement
  • Flexibility to adapt to changing environments

Key Requirements

  • Master's degree in quantitative field
  • 5+ years relevant experience
  • 2+ years managing role
  • Authorized to work in Canada
  • No sponsorship provided

Work Rights

Must be authorized to work in Canada

Tailored Resume

Cover Letter