Director, Treasury Modeling & Stress Testing Validation

EQ Bank | Canada's Challenger Bank; Toronto; Hybrid; CAD 110,000 - 165,000; Full time

Benefits offered by this job

Bonus

RRSP match

Benefits

Employee share purchase plan

Parental leave top-up

Vacation days

Professional development

Career development

Hybrid work model

Job summary

EQ Bank, Canada’s Challenger Bank, seeks a senior professional to lead model validation across treasury risk models. Reporting to the VP of MRM, you will validate methodologies, assess inputs, and deliver high-quality validation reports enterprise-wide.

This role emphasizes collaboration with Model Development teams and alignment with OSFI guidelines. The ideal candidate has a Master’s in a quantitative field, 7+ years in risk model validation, and strong programming skills in Python/SQL/MATLAB.

Qualifications

• Master’s degree or higher in a quantitative field.
• 7+ years experience in Treasury risk model validation or model development in a financial institution.
• 3+ years experience in Enterprise-wide models such as ICAAP models and stress testing models.
• Extensive understanding of model risk management principles and practices.
• Advanced programming skills in Python, SQL, MATLAB, Excel VBA with macros.

Responsibilities

• Plan, execute and report model validations.
• Assess the quality of model data and monitor model performance.
• Develop validation strategies and testing procedures.
• Communicate key model validation conclusions to stakeholders.
• Manage the project timeline diligently.
• Advise VP MRM and lead assessments as needed.
• Support model risk governance and policy compliance.

Skills

Mathematics

Quantitative analysis

Model validation

Communication

Project management

Education

Master’s degree in quantitative field

Tools

Python

SQL

MATLAB

Excel VBA

Job description

EQ Bank, Canada’s Challenger Bank, seeks a senior professional to lead model validation across treasury risk models. Reporting to the VP of MRM, you will validate methodologies, assess inputs, and deliver high-quality validation reports enterprise-wide.

This role emphasizes collaboration with Model Development teams and alignment with OSFI guidelines. The ideal candidate has a Master’s in a quantitative field, 7+ years in risk model validation, and strong programming skills in Python/SQL/MATLAB.