Associate Director, Model Risk & Validation — Lead

RBC; Toronto; On-site; CAD 150,000 - 200,000; Full time

Job summary

A leading financial institution in Toronto is looking for an Associate Director, Model Risk Management. This role involves validating financial models and ensuring compliance with model risk policies. Candidates should have a graduate degree in a quantitative field and more than 3 years of quantitative analysis experience. You'll work in a collaborative and agile team, making a significant impact on model risk management strategies.

Benefits

Comprehensive Total Rewards Program

Leadership support for development

Opportunity for impactful work

Qualifications

• More than 3 years of working experience in quantitative analysis.
• Strong quantitatively-oriented knowledge of financial products.

Responsibilities

• Validate US Credit models and oversee the Compliance Risk Assessment program.
• Conduct local model risk management in mortgage loan and Securitized Product models.
• Engage risk, finance, and front office personnel to manage model risk.

Skills

Quantitative analysis

Knowledge of financial products

Regulatory requirements for model risk management

Education

Graduate university degree in a quantitative discipline

Job description

A leading financial institution in Toronto is looking for an Associate Director, Model Risk Management. This role involves validating financial models and ensuring compliance with model risk policies. Candidates should have a graduate degree in a quantitative field and more than 3 years of quantitative analysis experience. You'll work in a collaborative and agile team, making a significant impact on model risk management strategies.