Senior Manager, Model Validation & Risk Governance

Neobankbeat; Toronto; Hybrid; CAD 120,000 - 190,000; Full time

Benefits offered by this job

Competitive discretionary bonus

RRSP match program

Medical, dental, vision, life, and dis

Employee Share Purchase Plan

Maternity/Parental top-up

Generous vacation policy and personal

Career development

Job summary

EQ Bank is seeking a Senior Manager, Model Validation to lead validation activities within Model Risk Management. The role focuses on validating credit, treasury, liquidity, and stress-testing models and ensuring compliance with MRMF and regulatory guidelines.

You will develop validation strategies, challenge methodologies, and oversee report creation while collaborating with risk stakeholders. The position is hybrid, with office time in Toronto.

Responsibilities

• Validate model methodologies and assess reasonableness of assumptions.
• Develop strategies to validate models and manage model risk per MRMF and regulatory requirements.
• Prepare model validation reports, articulate issues and recommendations, and communicate findings to stakeholders.

Job description

EQ Bank is seeking a Senior Manager, Model Validation to lead validation activities within Model Risk Management. The role focuses on validating credit, treasury, liquidity, and stress-testing models and ensuring compliance with MRMF and regulatory guidelines.

You will develop validation strategies, challenge methodologies, and oversee report creation while collaborating with risk stakeholders. The position is hybrid, with office time in Toronto.