Model Risk Governance Specialist

Vertage Inc.; Montreal; Hybrid; CAD 85,000 - 110,000; Full time

Job summary

Vertage Inc. in Montreal (Hybrid - 3 days onsite) is seeking a Model Risk Governance Specialist to support Model Risk Management activities within a leading global banking organization.

The role focuses on governance, regulatory compliance, inventory management, reporting, stakeholder coordination, and policy oversight. You will collaborate with model validators, business stakeholders, and implementation teams, prepare governance reports for senior management and regulators, and assist with

Qualifications

• Bachelor's or master's degree in finance, Economics, Mathematics, Statistics, or related field.
• 3+ years of experience in Model Risk Management, Risk Governance, Model Validation, or related banking risk functions.
• Strong analytical, organizational, and stakeholder management skills.
• Excellent written and verbal communication skills.
• Advanced proficiency in Excel, PowerPoint, Word, and Outlook.
• Ability to manage multiple priorities in a fast-paced environment.

Responsibilities

• Maintain and manage the enterprise model inventory.
• Ensure adherence to model risk management policies and regulatory requirements.
• Prepare governance reports for senior management, auditors, and regulators.
• Track and coordinate remediation of model validation findings and recommendations.
• Support annual model attestation and inventory review processes.
• Update and maintain model risk policies, standards, and procedures.
• Collaborate with model validators, business stakeholders, and implementation teams.
• Assist with operational risk and RCSA activities.

Skills

Analytical thinking

Organizational skills

Stakeholder management

Communication skills

Excel

PowerPoint

Word

Outlook

Ability to manage multiple priorities

Education

Bachelor's degree in finance/Economics/Mathematics/Statistics

Master's degree in finance/economics/mathematics/statistics

Tools

Excel

PowerPoint

Word

Outlook

Job description

Location: Montreal, QC (Hybrid - 3 days onsite)

Overview:

Seeking a Model Risk Governance Specialist to support Model Risk Management (MRM) activities within a leading global banking organization. This role focuses on model governance, regulatory compliance, model inventory management, reporting, stakeholder coordination, and policy oversight.

Key Responsibilities:

• Maintain and manage the enterprise model inventory.
• Ensure adherence to model risk management policies and regulatory requirements.
• Prepare governance reports for senior management, auditors, and regulators.
• Track and coordinate remediation of model validation findings and recommendations.
• Support annual model attestation and inventory review processes.
• Update and maintain model risk policies, standards, and procedures.
• Collaborate with model validators, business stakeholders, and implementation teams.
• Assist with operational risk and RCSA activities.

Required Qualifications:

• Bachelor's or master's degree in finance, Economics, Mathematics, Statistics, or related field.
• 3+ years of experience in Model Risk Management, Risk Governance, Model Validation, or related banking risk functions.
• Strong analytical, organizational, and stakeholder management skills.
• Excellent written and verbal communication skills.
• Advanced proficiency in Excel, PowerPoint, Word, and Outlook.
• Ability to manage multiple priorities in a fast-paced environment.

Preferred Qualifications:

• Python programming experience.
• Knowledge of AI/ML model governance or validation.
• Familiarity with banking regulations and model risk frameworks.
• Experience with model inventory systems, internal audits, and policy documentation.