Manager, Credit Risk Model Validation

BMO Financial Group

Toronto, Ontario, Canada
Base: $75,900.00 - $141,900.00; bonus/equity: may ...
Model validation experience
Regulatory requirements knowledge
Risk policy framework expertise
The role involves performing independent validation of models to confirm their appropriateness and capability for a designated portfolio while assessing associated risks

Job Summary

  • The role involves performing independent validation of models to confirm their appropriateness and capability for a designated portfolio while assessing associated risks.
  • Candidates will foster a culture aligned with BMO's purpose, values, and strategy, ensuring transparency and understanding of model risks across the business.
  • The position offers a competitive salary range of $75,900.00 - $141,900.00 along with comprehensive benefits including health insurance, tuition reimbursement, and retirement savings plans.

Matching Summary

The role involves performing independent validation of models to confirm their appropriateness and capability for a designated portfolio while assessing associated risks.

Salary

Base: $75,900.00 - $141,900.00; Bonus/Equity: May include commission structure and performance-based incentives; Benefits: Health insurance, tuition reimbursement, accident/life insurance, retirement savings plans

Skills & Requirements

Must-have

  • Model validation experience
  • Regulatory requirements knowledge
  • Risk policy framework expertise
  • Data analysis and testing skills
  • Stakeholder management capabilities

Nice-to-have

  • In-depth communication skills
  • Collaboration and team building
  • Strategic planning abilities
  • Change management leadership
  • Diversity and inclusion focus

Key Requirements

  • 5-7 years relevant experience
  • Post-secondary degree in related field
  • Deep knowledge of model risk management
  • In-depth knowledge of regulatory requirements
  • Experience with risk policy frameworks

Work Rights

Not specified

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