Senior Quantitative Analyst — Model Validation & Risk

TD; Canada; On-site; CAD 76,000 - 116,000; Full time

Job summary

A major financial institution located in Toronto seeks a skilled Model Validator to join their team. You will validate complex statistical models, ensuring compliance with bank-wide policies. The ideal candidate will have a strong statistical background, proficiency in Python and experience in model development or validation. This position offers competitive compensation and growth opportunities in a dynamic banking environment.

Benefits

Competitive salary

Comprehensive health and well-being benefits

Career development programs

Paid time off

Banking benefits and discounts

Qualifications

• 3-5 years of experience with model development/validation, including machine learning models.
• Strong statistical background and excellent analytical skills required.
• Hands-on experience with relevant programming languages is a must.

Responsibilities

• Perform validation of all models deemed in-scope by the bank-wide Model Risk Policy.
• Develop independent benchmarks for validating models.
• Prepare detailed reports describing model validation techniques and outcomes.
• Establish productive working relations with internal model development groups.

Skills

Strong statistical background

Analytical and problem-solving skills

Experience with machine learning models

Hands-on experience with Python

Knowledge of retail banking products

Excellent communication skills

Good time management

Education

Graduate degree in statistics, economics, finance, mathematics, computer science or engineering

Tools

Python

SAS

R

Job description

A major financial institution located in Toronto seeks a skilled Model Validator to join their team. You will validate complex statistical models, ensuring compliance with bank-wide policies. The ideal candidate will have a strong statistical background, proficiency in Python and experience in model development or validation. This position offers competitive compensation and growth opportunities in a dynamic banking environment.