Senior Specialist, Capital Markets Model Validation

BMO

New York, NY, US
Base: $66,600.00 - $124,200.00; bonus/equity: perf...
5-7 years of relevant experience
In-depth knowledge of model validation practices
Deep understanding of regulatory requirements
The role involves validating models and assessing model risk to ensure appropriateness and capability for a designated portfolio

Job Summary

  • The role involves validating models and assessing model risk to ensure appropriateness and capability for a designated portfolio.
  • Candidates will act as trusted advisors, providing effective challenge during model development and communicating decisions to the business.
  • BMO offers a comprehensive benefits package including health insurance, tuition reimbursement, and retirement savings plans.

Matching Summary

The role involves validating models and assessing model risk to ensure appropriateness and capability for a designated portfolio.

Salary

Base: $66,600.00 - $124,200.00; Bonus/Equity: Performance-based incentives and discretionary bonuses possible; Benefits: Health insurance, tuition reimbursement, accident/life insurance, retirement savings plans

Skills & Requirements

Must-have

  • 5-7 years of relevant experience
  • In-depth knowledge of model validation practices
  • Deep understanding of regulatory requirements
  • Experience with risk policy frameworks
  • Strong analytical and problem-solving skills

Nice-to-have

  • MBA in Finance or Economics
  • Ability to influence and negotiate business objectives
  • Experience leading change management initiatives
  • Strong verbal and written communication skills
  • Collaborative team player with stakeholder management skills

Key Requirements

  • Post-secondary degree in related field
  • 5-7 years of relevant experience
  • Knowledge of model risk management practices
  • Understanding of legislative/regulatory directives

Work Rights

Not specified

Tailored Resume

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