Model Risk Validation Specialist

iA Financial Group; Quebec; Hybrid; CAD 57,000 - 125,000; Full time

Job summary

A leading financial services firm in Quebec is seeking a Model Validation Advisor to develop and implement model risk governance frameworks. The role involves reviewing model soundness, ensuring compliance with regulations, and improving model performance. Candidates should have at least 5 years of modeling experience, be fluent in both French and English, and possess strong analytical and communication skills. We offer a competitive benefits package, including a hybrid work environment and professional development opportunities.

Benefits

Flexible group insurance

Competitive pension plan

Stock purchase plan

Vacation and wellness days

Telemedicine

Employee assistance program

Ergonomic furniture program

Performance bonus

Discounts on company products

Qualifications

• 5+ years of relevant experience in advanced modeling.
• Able to quickly learn new platforms.
• Solid understanding of life and P&C insurance products.
• Experience drafting validation reports.

Responsibilities

• Review and validate the conceptual soundness of models.
• Ensure compliance with regulatory and internal requirements.
• Assess model performance and provide improvement recommendations.
• Develop validation tools and contribute to model inventory maintenance.

Skills

Analytical skills

Communication skills

Programming languages

Mathematical software

Spreadsheets

Databases

Understanding of model risk management

Education

University degree in actuarial science, accounting, or related field

Job description

A leading financial services firm in Quebec is seeking a Model Validation Advisor to develop and implement model risk governance frameworks. The role involves reviewing model soundness, ensuring compliance with regulations, and improving model performance. Candidates should have at least 5 years of modeling experience, be fluent in both French and English, and possess strong analytical and communication skills. We offer a competitive benefits package, including a hybrid work environment and professional development opportunities.