Senior Credit Risk Model Validation Leader

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

Benefits offered by this job

Health insurance

Tuition reimbursement

Job summary

BMO Financial Group is seeking a skilled model validator to assess model risk and ensure model appropriateness for a portfolio. You will challenge model development, communicate findings to the business, and contribute to governance and strategic initiatives across internal stakeholders.

The role requires deep knowledge of model validation practices, regulatory requirements, and experience with risk management frameworks. A strong analytical mindset and collaborative approach are essential.

Qualifications

• Deep knowledge of model validation and risk management practices.
• Strong understanding of regulatory requirements.
• Experience with governance frameworks and testing standards.

Responsibilities

• Validate/models and assess model risk for designated portfolio.
• Provide effective challenge during model development and communicate decisions to business units.
• Lead and participate in monitoring, reporting, and sign-off of model validation activities.
• Develop validation strategies and plans to ensure appropriate vetting of models.

Skills

Model validation knowledge

Risk management

Analytical skills

Verbal & written communication

Collaboration & teamwork

Data-driven decision making

Influence skills

Problem solving

Education

Post-secondary degree

MBA

Job description

BMO Financial Group is seeking a skilled model validator to assess model risk and ensure model appropriateness for a portfolio. You will challenge model development, communicate findings to the business, and contribute to governance and strategic initiatives across internal stakeholders.

The role requires deep knowledge of model validation practices, regulatory requirements, and experience with risk management frameworks. A strong analytical mindset and collaborative approach are essential.