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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Quantitative Analyst – Model Validation
1 week ago
Toronto, Ontario, Canada BeachHead Full time $120,000 - $180,000 per yearWorking with one of our top financial clients, this role calls for a Quantitative Analyst – Model Validation (Derivatives & Risk Models) with a strong background in mathematical modeling, computational finance, and programming. You will be responsible for performing independent validations of models related to Derivative Pricing, xVA, Counterparty Credit...
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Quantitative Model Validator – Derivatives Risk
4 weeks ago
Toronto, Canada Infotek Consulting Services Inc. Full timeA leading consulting firm in Toronto is seeking a Quantitative Model Validation Specialist to support risk management for derivative pricing models. The role includes independent validation of complex financial models and preparation of methodologies and reports. The ideal candidate holds a graduate degree and has over 5 years of experience in model...
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Quantitative Model Validator – Derivatives Risk
4 weeks ago
Toronto, Canada Infotek Consulting Services Inc. Full timeA leading consulting firm in Toronto is seeking a Quantitative Model Validation Specialist to support risk management for derivative pricing models. The role includes independent validation of complex financial models and preparation of methodologies and reports. The ideal candidate holds a graduate degree and has over 5 years of experience in model...
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Senior Specialist Model Validation
1 week ago
Toronto, Canada BMO Full timeSenior Specialist Model Validation BMO Position Summary Performs 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...
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Senior Specialist Model Validation
7 days ago
Toronto, Canada BMO Full timeSenior Specialist Model Validation BMO Position Summary Performs 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...
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Senior Specialist Model Validation
1 week ago
Toronto, Canada BMO Full timeSenior Specialist Model Validation BMO Position Summary Performs 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...
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Senior Model Validation Specialist
1 week ago
Toronto, Canada BMO Full timeA leading financial institution in Toronto is seeking a Senior Specialist Model Validation to validate Market Risk models and manage the validation lifecycle. You will assess model risk, develop validation strategies, and provide expert guidance on model vetting. The ideal candidate has over 5 years of experience in model validation with a Master or PhD in a...
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Senior Model Validation Specialist
1 week ago
Toronto, Canada BMO Full timeA leading financial institution in Toronto is seeking a Senior Specialist Model Validation to validate Market Risk models and manage the validation lifecycle. You will assess model risk, develop validation strategies, and provide expert guidance on model vetting. The ideal candidate has over 5 years of experience in model validation with a Master or PhD in a...
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Senior Model Validation Specialist
7 days ago
Toronto, Canada BMO Full timeA leading financial institution in Toronto is seeking a Senior Specialist Model Validation to validate Market Risk models and manage the validation lifecycle. You will assess model risk, develop validation strategies, and provide expert guidance on model vetting. The ideal candidate has over 5 years of experience in model validation with a Master or PhD in a...
