Manager, Model Risk Governance

Jobtailor; Calgary; On-site; CAD 110,000 - 180,000; Full time

Job summary

Jobtailor in Calgary seeks a seasoned professional to oversee and challenge its model risk practices. You will identify, document, and communicate model risks while guiding governance, documentation, assumptions, and change controls across the organization.

Responsibilities include supporting validation planning, maintaining inventories and risk ratings, and ensuring policy compliance. The role requires strong analytical ability, communication, and detail orientation with exposure to Python, R,

Qualifications

• Bachelor's degree in Finance, Business Administration, Financial Engineering, Financial Mathematics, Mathematics, Statistics, or a related quantitative discipline.
• 5+ years of experience in financial services.
• Experience in model risk management, model validation, model governance, or risk assessment within a financial institution or consulting environment.
• Strong analytical and quantitative skills with the ability to understand and challenge complex models.
• Excellent written and verbal communication skills.
• Proficiency with Microsoft Office, SharePoint, and Power BI.
• Exceptional attention to detail and the ability to manage multiple priorities and deadlines.
• Experience with Python is highly desirable; R and SQL experience are also considered assets.
• Completion of, or progress toward, a professional designation such as CFA, PRM, ORM, CRMP, or equivalent is considered an asset.

Responsibilities

• Provide independent oversight and effective challenge of model risk management practices.
• Identify, assess, document, and communicate model risks, findings, and recommendations.
• Guide stakeholders on model governance, documentation, assumptions, limitations, controls, and change management.
• Support model validation planning, monitoring, and remediation activities.
• Maintain model inventories, risk assessments, model ratings, and validation tracking processes.
• Monitor compliance with model risk policies, standards, and governance requirements.
• Prepare and present model risk assessments, metrics, and findings to stakeholders, senior management, and auditors.
• Support enhancements to AIMCo's model risk framework, policies, standards, and methodologies.
• Contribute to broader enterprise and operational risk initiatives.

Skills

Model Risk Management

Model Validation

Risk Assessment

Analytical Skills

Excellent Communication Skills

Attention to Detail

Multi-Tasking

Python

R

SQL

Education

Bachelor's degree in Finance or quantitative field

Tools

Microsoft Office

SharePoint

Power BI

Job description

• Provide independent oversight and effective challenge of model risk management practices
• Identify, assess, document, and communicate model risks, findings, and recommendations
• Guide stakeholders on model governance, documentation, assumptions, limitations, controls, and change management
• Support model validation planning, monitoring, and remediation activities
• Maintain model inventories, risk assessments, model ratings, and validation tracking processes
• Monitor compliance with model risk policies, standards, and governance requirements
• Prepare and present model risk assessments, metrics, and findings to stakeholders, senior management, and auditors
• Support enhancements to AIMCo's model risk framework, policies, standards, and methodologies
• Contribute to broader enterprise and operational risk initiatives

Requirements

• Bachelor's degree in Finance, Business Administration, Financial Engineering, Financial Mathematics, Mathematics, Statistics, or a related quantitative discipline
• 5+ years of experience in financial services
• Experience in model risk management, model validation, model governance, or risk assessment within a financial institution or consulting environment
• Strong analytical and quantitative skills with the ability to understand and challenge complex models
• Excellent written and verbal communication skills
• Proficiency with Microsoft Office, SharePoint, and Power BI
• Exceptional attention to detail and the ability to manage multiple priorities and deadlines
• Experience with Python is highly desirable; R and SQL experience are also considered assets
• Completion of, or progress toward, a professional designation such as CFA, PRM, ORM, CRMP, or equivalent is considered an asset.

Core Competencies

Demonstrates expertise in model risk management, validation, and governance within financial services, with strong analytical skills to assess and communicate model risks effectively. Proficient in managing model inventories and compliance with risk policies while supporting enhancements to risk frameworks.

Highest-signal resume keywords

• Model Risk Management
• Model Validation
• Risk Assessment
• Financial Services Experience
• Analytical Skills

ATS Optimization Keywords

Hard Skills

• Excellent Communication Skills
• Attention to Detail
• Ability to Manage Multiple Priorities

Certifications & Qualifications

• CFA
• PRM
• ORM
• CRMP

Industry Keywords

• Model Risk Policies
• Model Validation Planning
• Compliance Monitoring
• Operational Risk Initiatives

Tools & Technologies

• Microsoft Office
• SharePoint
• Power BI