Senior Advisor, Model Risk Governance

Desjardins Group; Montreal; Hybrid; CAD 80,000 - 100,000; Full time

Job summary

A leading financial institution in Montreal is seeking a Senior Advisor for Model Risk Governance. The role involves analyzing, researching, and developing governance frameworks for model risk management, particularly for AI systems. Candidates should hold a Bachelor's degree and have at least six years of experience in risk management within financial institutions. Proficiency in French and intermediate English is required. The position offers competitive benefits, including a defined benefit pension plan and flexible vacation, in a hybrid work model.

Benefits

Competitive salary and annual bonus

4 weeks of flexible vacation

Defined benefit pension plan

Group insurance

Reimbursement for health and wellness expenses

Qualifications

• Minimum of six years of relevant experience.
• Experience in financial institution risk management is required.
• Knowledge of French is required.
• Intermediate level proficiency in English is necessary.

Responsibilities

• Propose solutions to optimize the governance framework.
• Coordinate efforts required to oversee models.
• Supervise process supporting model inclusion in decisions.
• Provide opinions on non-compliance with frameworks.
• Help develop positions on complex model situations.
• Design materials supporting decision-making.
• Participate in annual planning of governance activities.
• Act as superuser for governance tool.
• Monitor governance practices using industry publications.

Skills

Interpersonal Savvy

Strategic mindset

Effective communication

Education

Bachelor's degree in a related field

Job description

As part of its activities, Desjardins uses a large number of quantitative models, including advanced analytical tools and artificial intelligence systems, to support its product and service offer and properly manage its risks, while always doing what’s best for members and clients. While these models provide indisputable decision‑making support, their use leads to further risks that must in turn be analyzed, assessed and mitigated. To this end, a governance framework specific to the models must be in place throughout their life cycle—from design to removal—including performance monitoring and various other development phases. This framework must also address risks specific to artificial intelligence systems to ensure appropriate use, in keeping with industry standards. As a senior advisor, model risk governance, you contribute to analysis, research and development of model risk management. You provide expert advice, support, leadership and influence for users, designers and model validators so that they can provide an overview of the risks associated with Desjardins’s range of models. You also serve as a resource person and coach for senior management and decision‑making bodies with respect to model risk management. More specifically, you will be required to:

• Propose solutions to optimize the governance framework to strengthen control over model risk
• Coordinate the efforts required of contributors in various specialized risk areas to oversee models, including artificial intelligence systems
• Supervise the cross‑sector process that supports the inclusion of models in the decision‑making process throughout their life cycle
• Provide opinions and follow up on non‑compliance with the model risk management framework
• Help develop positions on complex situations involving models that require sufficient knowledge of the model’s area of application
• Design and take charge of the presentation of materials supporting the directions and decision‑making for model risk management
• Participate in the annual planning of model risk governance support activities
• Act as superuser for the tool implemented to support model risk governance
• Monitor model risk governance practices, drawing on industry contacts and publications

What we offer*

• Competitive salary and annual bonus
• 4 weeks of flexible vacation starting in the first year
• Defined benefit pension plan that provides predictable, stable income throughout retirement
• Group insurance including telemedicine
• Reimbursement of health and wellness expenses and telework equipment

* Benefits apply based on eligibility criteria.

#LI-Hybrid

What you bring to the table

• Bachelor's degree in a related field
• A minimum of six years of relevant experience
• Please note that other combinations of qualifications and relevant experience may be considered
• Experience in financial institution risk management
• Knowledge of French is required
• Intermediate level proficiency in spoken and written English due to the nature of the duties or work tools or because the position involves interactions with English‑speaking partners, members and/or clients
• Knowledge and understanding of regulations related to model risk management, particularly those related to artificial intelligence systems

Ambiguity, Communicates effectively, Interpersonal Savvy, Strategic mindset

Trade Union (If applicable)

At Desjardins, we believe in equity, diversity and inclusion. We're committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should reflect the diversity of the members, clients and communities we serve.

If there's something we can do to help make the recruitment process or the job you're applying for more accessible, let us know. We can provide accommodations at any stage in the recruitment process. Just ask!

Job Family

Risk management (FG)

Unposting Date

2026-01-9