Senior Manager, Model Validation & Risk Governance

Jobtailor; Toronto; On-site; CAD 120,000 - 170,000; Full time

Job summary

Jobtailor is seeking an experienced professional to lead model validation activities and develop robust validation strategies within a regulated financial services environment.

The role requires deep expertise in quantitative modeling, governance, and risk management, with hands-on experience in Python, R, and related tools. Collaboration with senior stakeholders and the ability to supervise junior validators are essential.

Qualifications

• Master’s degree or higher in Mathematics, Mathematical Finance, Statistics, Physics, Engineering, Economics, or equivalent quantitative discipline

Responsibilities

• Report to Director, Model Risk Management and support the Director and VP with model validation activities
• Develop model validation strategies and maintain validation plans
• Assess model frameworks, assumptions, mathematical implementation, data, and system implementation
• Assess modeling data from extraction through preparation, cleansing, and treatment for development suitability
• Conduct model testing including sensitivity, scenario, and stress testing
• Produce validation reports identifying model limitations and risk levels
• Communicate model risk issues and recommendations to stakeholders
• Support model governance including metadata tracking and attestation
• Stay current with industry trends in model risk management
• Educate and influence stakeholders for managing model risk under regulatory guidelines
• Provide independent feedback to model developers and risk management groups
• Promote knowledge sharing and supervise junior validators

Skills

Analytical skills

Problem-solving

Communication skills

Project management

Time management

Organizational skills

Independent thinking

Collaborative work

Education

Master’s degree or higher in quantitative field

Tools

Python

R

SAS

C++

C#

Java

MATLAB

Job description

Jobtailor is seeking an experienced professional to lead model validation activities and develop robust validation strategies within a regulated financial services environment.

The role requires deep expertise in quantitative modeling, governance, and risk management, with hands-on experience in Python, R, and related tools. Collaboration with senior stakeholders and the ability to supervise junior validators are essential.