Credit Risk Model Validation Lead

BMO Financial Group; Toronto; On-site; CAD 75,000 - 142,000; Full time

Job summary

A global financial institution is seeking a Manager for Credit Risk Model Validation in Toronto. This role focuses on validating credit risk models, providing challenge to developers, and communicating risks to stakeholders. The ideal candidate should have 3-5 years of experience in model validation and hold a Master's or PhD in a quantitative field. Proficiency in Python and SAS is essential. This position offers a competitive salary ranging from $75,900 to $141,900.

Qualifications

• 3-5 years of model validation or development experience in credit risk.
• In-depth knowledge of model validation and risk management practices.
• Understanding of regulatory requirements.

Responsibilities

• Perform model validation activities across different stages.
• Provide effective challenge to model developers.
• Communicate model risk findings to stakeholders.

Skills

Proficiency in Python

Proficiency in SAS

Analytical skills

Communication skills

Collaboration skills

Problem-solving skills

Influence skills

Education

MSc or PhD in statistics, mathematics, data science, actuarial sciences, engineering

Job description

A global financial institution is seeking a Manager for Credit Risk Model Validation in Toronto. This role focuses on validating credit risk models, providing challenge to developers, and communicating risks to stakeholders. The ideal candidate should have 3-5 years of experience in model validation and hold a Master's or PhD in a quantitative field. Proficiency in Python and SAS is essential. This position offers a competitive salary ranging from $75,900 to $141,900.