Senior Model Validation Lead — Banking Risk & Governance

Kinvie; Toronto; Hybrid; CAD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive bonus

RRSP match

Benefits (medical, dental, vision)

Employee Share Purchase Plan

Parental top-up

Generous vacation

Job summary

EQ Bank is seeking a Senior Manager, Model Validation to lead validation activities across credit, treasury, and liquidity models. You will develop validation plans, assess modeling data, conduct rigorous tests, and communicate findings to stakeholders.

The role emphasizes independence, governance, and collaboration with risk management teams. The ideal candidate has 5+ years in quantitative modeling or validation within financial services, with strong programming skills and a track record of

Qualifications

• Master’s degree or higher in Mathematics, Mathematical Finance, Statistics, Physics, Engineering, Economics or equivalent
• Minimum 5 years of experience in quantitative modeling or model validation in financial services or regulated environment
• Strong understanding of model risk management and governance
• Strong programming experience (Python, R, SAS, C++, C#, Java, MATLAB)
• Excellent analytical, reporting, and communication skills

Responsibilities

• Develop and maintain model validation strategies and plans.
• Assess model framework, data, and implementation for use.
• Conduct testing including sensitivity, scenario, and stress testing with benchmark analyses.
• Produce validation reports per MRMF with identified limitations and risks.
• Communicate findings to stakeholders and support governance activities.

Skills

Python

R

SAS

C++

C#

Java

MATLAB

Analytical thinking

Problem solving

Project management

Communication skills

Education

Master’s in Math/Stats

Quantitative degree

Tools

SQL

Job description

EQ Bank is seeking a Senior Manager, Model Validation to lead validation activities across credit, treasury, and liquidity models. You will develop validation plans, assess modeling data, conduct rigorous tests, and communicate findings to stakeholders.

The role emphasizes independence, governance, and collaboration with risk management teams. The ideal candidate has 5+ years in quantitative modeling or validation within financial services, with strong programming skills and a track record of