Lead Credit Risk Model Validation

BMO U.S.; Chicago (IL); On-site; USD 75,000 - 160,000; Full time

Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Job summary

BMO U.S. is seeking an experienced professional to validate and challenge models within the Audit, Risk & Compliance function. You will assess model capabilities, stress points and limitations, ensuring transparency of model use to business teams.

The role requires deep expertise in model validation, regulatory frameworks, and analytical problem solving, with strong stakeholder collaboration and change-management skills.

Qualifications

• In-depth knowledge of model validation and risk management practices.
• Understanding of regulatory requirements and governance frameworks.
• Strong analytical and problem-solving abilities.

Responsibilities

• Validate and test models, assess vesting and documentation against standards.
• Provide specialized consulting and guidance on model vetting framework.
• Lead monitoring and reporting of the model validation portfolio to stakeholders.
• Communicate model risk issues and recommended corrective actions.
• Collaborate across teams to support strategic initiatives and audits.

Skills

Model validation

Model risk management

Regulatory requirements

Data analysis

Stakeholder management

Communication skills

Change management

Education

MBA

Job description

BMO U.S. is seeking an experienced professional to validate and challenge models within the Audit, Risk & Compliance function. You will assess model capabilities, stress points and limitations, ensuring transparency of model use to business teams.

The role requires deep expertise in model validation, regulatory frameworks, and analytical problem solving, with strong stakeholder collaboration and change-management skills.