Quantitative Model Validation Specialist
4 weeks ago
Job Title: Quantitative Model Validation SpecialistLocation: Toronto, ON - Hybrid (4 days onsite at 66 Wellington St. W)Duration: 12 months (possibility of extension or conversion)Rate: $71-$81/hr OverviewWe are seeking a Quantitative Model Validation Specialist to support model risk management and validation of derivative pricing and risk models. The successful candidate will perform independent testing and validation of complex financial models used across global trading businesses, ensuring alignment with regulatory expectations and internal standards.Key ResponsibilitiesConduct independent validations of pricing, xVA, CCR, and market risk models used for Interest Rate, Equity, FX, Credit, and Commodity derivatives.Assess model design, implementation, data inputs, and performance through analytical testing and benchmarking.Prepare detailed validation reports summarizing methodologies, assumptions, computational methods, and outcomes.Collaborate with internal partners across model development, front office quantitative teams, and IT support to resolve model issues and enhance model governance.Develop and maintain validation methodologies, ensuring alignment with best practices and regulatory guidance.Must-Have QualificationsGraduate degree (MSc, MMF, or PhD) in a quantitative discipline such as mathematics, physics, engineering, statistics, or computational finance.5+ years of experience in quantitative model validation, risk modeling, or pricing model development.Strong understanding of pricing theory, stochastic calculus, and numerical methods (Monte Carlo simulation, PDE/trees, optimization).Proficiency in C/C++ and Python.Excellent technical writing and documentation skills.Nice-to-Have SkillsBackground in banking or financial services.Experience with counterparty credit risk or xVA models.Familiarity with regulatory model validation frameworks.Ideal CandidateA technically strong quantitative professional who enjoys analytical problem-solving and model governance. Works independently yet collaborates effectively within a small, high-performing team.
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Quantitative Model Validation Specialist
4 weeks ago
Toronto, ON, Canada Infotek Consulting Services Inc. Full time €71 - €81Job Title: Quantitative Model Validation Specialist Location: Toronto, ON – Hybrid (4 days onsite at 66 Wellington St. W) Duration: 12 months (possibility of extension or conversion) Rate: $71–$81/hr Overview We are seeking a Quantitative Model Validation Specialist to support model risk management and validation of derivative pricing and risk models....
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Senior Specialist Model Validation
2 days ago
Toronto, ON, CAN, Canada Bank of Montreal Full time $75,000 - $141,000 per yearApplication Deadline:Address:100 King Street West Job Family Group:Audit, Risk & CompliancePerforms validation of models and assesses model risk to confirm model appropriateness and capability for a designated portfolio. Provides effective challenge during model development and communicates decisions regarding model use to the business to ensure...
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Senior Specialist Model Validation
2 days ago
Toronto, ON MX C, Canada BMO Financial Group Full time $75,000 - $141,900 per year100 King Street West Toronto Ontario,M5X 1A1Performs validation of models and assesses model risk to confirm model appropriateness and capability for a designated portfolio. Provides effective challenge during model development and communicates decisions regarding model use to the business to ensure transparency and understanding of models and model risks....
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Director, Model Validation
4 days ago
(s): Canada : Ontario : Toronto Scotiabank Global Site Full time $120,000 - $250,000 per yearRequisition ID: 240118Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.The Model Validation & Approval area within Global Model Risk Management area provides independent and consistent model validation and approval across various risk types, including credit risk, market risk, operational risk, capital...
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Director, Model Validation
7 days ago
Toronto, ON MC R, Canada Scotiabank Full time $120,000 - $180,000 per yearRequisition ID: Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.The Model Validation & Approval area within Global Model Risk Management area provides independent and consistent model validation and approval across various risk types, including credit risk, market risk, operational risk, capital models...
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Senior Specialist, Modelling
4 weeks ago
Toronto, Montreal, Calgary, Vancouver, Edmonton, Old Toronto, Ottawa, Mississauga, Quebec, Winnipeg, Halifax, Saskatoon, Burnaby, Hamilton, Victoria, Surrey, Halton Hills, London, Regina, Markham, Brampton, Vaughan, Kelowna, Laval, Southwestern Ontario, R, Canada Canada Mortgage and Housing Corporation Full timeOverviewThe work you do and the work we do together matters. We come to work every day with a common purpose: to contribute to a well-functioning housing system.At CMHC, we hold ourselves accountable for our results and support our colleagues in their achievements. We thrive on collaboration, connecting across CMHC and involving the right people to get our...
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(s): Canada : Ontario : Toronto Scotiabank Global Site Full time $80,000 - $120,000 per yearRequisition ID: 242369Roynat Capital, a wholly owned subsidiary of Scotiabank, is a national lender and investor with expertise in providing innovative long-term capital solutions for mid-sized companies utilizing senior term, subordinated debt, as well as mezzanine capital and common share equity. We provide tailored solutions to clients for acquisitions,...
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Winnipeg, Toronto, Montreal, Calgary, Vancouver, Edmonton, Old Toronto, Ottawa, Mississauga, Quebec, Halifax, Saskatoon, Burnaby, Hamilton, Surrey, Victoria, London, Halton Hills, Regina, Markham, Brampton, Vaughan, Kelowna, Laval, Southwestern Ontario, R, Canada Affirm Full timeJoin to apply for the Finance/Credit Model Risk Manager role at AffirmAffirm is reinventing credit to make it more honest and friendly, giving consumers the flexibility to buy now and pay later without any hidden fees or compounding interest.We’re looking for a sharp, driven quantitative professional to join our dynamic Model Risk Management (MRM) team....
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Finance/Credit Quantitative Model Risk Manager
4 weeks ago
Toronto, Montreal, Calgary, Vancouver, Edmonton, Old Toronto, Ottawa, Mississauga, Quebec, Winnipeg, Halifax, Saskatoon, Burnaby, Hamilton, Victoria, Surrey, Halton Hills, London, Regina, Markham, Brampton, Vaughan, Kelowna, Laval, Southwestern Ontario, R, Canada Affirm Full timeRemote Canada Affirm is reinventing credit to make it more honest and friendly, giving consumers the flexibility to buy now and pay later without any hidden fees or compounding interest. We’re looking for a sharp, driven quantitative professional to join our dynamic Model Risk Management (MRM) team. This is your chance to dive deep into the models that...
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Victoria, Toronto, Montreal, Calgary, Vancouver, Edmonton, Old Toronto, Ottawa, Mississauga, Quebec, Winnipeg, Halifax, Saskatoon, Burnaby, Hamilton, Surrey, London, Halton Hills, Regina, Markham, Brampton, Vaughan, Kelowna, Laval, Southwestern Ontario, R, Canada Affirm Full timeOverviewAffirm is reinventing credit to make it more honest and friendly, giving consumers the flexibility to buy now and pay later without any hidden fees or compounding interest.We're looking for a sharp, driven quantitative professional to join our dynamic Model Risk Management (MRM) team. This is your chance to dive deep into the models that power our...
