Credit Risk Model Validation Specialist

2 weeks ago

Montreal administrative region, QC, Canada SGS Société Générale de Surveillance SA Full-time $110,000 - $150,000 Contract
Enhance your career as a Credit Risk Model Validation Specialist at Societe Generale, overseeing critical model validations. This position emphasizes compliance and robust assessment methodologies. As part of the Model Risk Management team, your primary function will involve independent reviews and validations of credit risk models utilized in SG Americas. You will assess model soundness, ensure compliance with regulatory guidance like SR 26-2, and analyze ongoing performance. Your strong quantitative skills are vital for executing detailed model tests and preparing validation reports.

Key Responsibilities
• Conduct independent assessments of local and global credit risk models
• Evaluate the validity of model assumptions and outputs
• Monitor model performance and suggest operational improvements
• Prepare comprehensive documentation of validation findings
• Collaborate with internal teams for effective oversight

Requirements:
• MS in Finance, Engineering, or related discipline preferred
• A minimum of 3 years’ experience in a relevant financial role
• Profound proficiency in statistical analysis tools and languages
• Strong analytical skills with attention to detail
• Knowledge of financial products and banking practices Bring your quantitative risk expertise to Societe Generale and play a key role in model validation.