Current jobs related to Senior Manager, Credit Risk Model Validation - Toronto - BMO Financial Group
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Senior Manager, Credit Risk Model Validation
4 weeks ago
Toronto, Canada BMO Full timeJoin to apply for the Senior Manager, Credit Risk Model Validation role at BMO. Seeking a skilled and experienced professional to join our Model Risk Management Team as a Senior Manager, Model Risk, Credit Risk. Key Responsibilities Validate credit risk models and assess model risk to confirm appropriateness and capability for designated portfolios,...
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Senior Manager, Credit Risk Model Validation
4 weeks ago
Toronto, Canada BMO Full timeJoin to apply for the Senior Manager, Credit Risk Model Validation role at BMO. Seeking a skilled and experienced professional to join our Model Risk Management Team as a Senior Manager, Model Risk, Credit Risk. Key Responsibilities Validate credit risk models and assess model risk to confirm appropriateness and capability for designated portfolios,...
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Senior Manager, Credit Risk Model Validation
3 weeks ago
Toronto, Canada BMO Full timeJoin to apply for the Senior Manager, Credit Risk Model Validation role at BMO . Seeking a skilled and experienced professional to join our Model Risk Management Team as a Senior Manager, Model Risk, Credit Risk. Key Responsibilities Validate credit risk models and assess model risk to confirm appropriateness and capability for designated portfolios,...
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Senior Manager, Credit Risk Model Validation
4 weeks ago
Toronto, Canada BMO Financial Group Full timeJob Overview Application Deadline: 11/13/2025 Address: 100 King Street West Job Family Group: Audit, Risk & Compliance Seeking a skilled and experienced professional to join our Model Risk Management Team as a Senior Manager, Model Risk, Credit Risk. In this second‑line governance and control role you will play a pivotal part in overseeing the validation...
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Senior Manager, Credit Risk Model Validation
4 weeks ago
Toronto, Canada BMO Financial Group Full timeJob Overview Application Deadline: 11/13/2025 Address: 100 King Street West Job Family Group: Audit, Risk & Compliance Seeking a skilled and experienced professional to join our Model Risk Management Team as a Senior Manager, Model Risk, Credit Risk. In this second‑line governance and control role you will play a pivotal part in overseeing the validation...
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Manager, Credit Risk Model Validation
6 days ago
Toronto, Canada BMO Financial Group Full time100 King Street West Toronto Ontario,M5X 1A1 Seeking a skilled and experienced professional to join our Model Risk Management Team as a Manager, Model Risk, Credit Risk. As a Manager in our second line of defense risk management, governance, and control function, you will play a pivotal role in the validation of credit risk models, such as Allowance (IFRS 9...
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Model Risk Validation Analyst – Credit
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Toronto, Canada Farm Credit Canada Full timeA leading agricultural financial institution based in Toronto is seeking a Model Risk Management Analyst to validate various financial models related to credit risk, pricing, and adjudication. The role involves conducting independent validations, preparing reports, and managing model governance activities. Candidates should have a bachelor's degree in a...
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Senior Manager
2 days ago
Toronto, Canada BMO Full timeApplication Deadline:Address:100 King Street WestJob Family Group:Audit, Risk & ComplianceBMO is seeking an experienced professional to join the Model Risk Management Team as Senior Manager, Credit Risk Model Validation. This role is part of the second-line governance and control function, with a primary focus on validating AIRB Capital models. The...
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Credit Risk Model Validation Lead
3 weeks ago
Toronto, Canada BMO Financial Group Full timeA leading financial institution is seeking a Senior Manager for Model Risk Management. This role involves validating credit risk models, managing stakeholder relationships, and overseeing project initiatives. The ideal candidate holds an MSc or PhD in a quantitative field and has at least 7 years of relevant experience. The position is located in Toronto...
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Manager - Credit Risk Model Validation
4 days ago
Toronto, Canada BMO Financial Group Full timeApplication Deadline: Address: 100 King Street West Job Family Group: Audit, Risk & Compliance BMO is seeking an experienced professional to join the Model Risk Management Team as Manager, Credit Risk Model Validation . This role is part of the second-line governance and control function, with a primary focus on validating credit risk models such as AIRB...
Senior Manager, Credit Risk Model Validation
4 weeks ago
Job Overview Application Deadline: 11/13/2025 Address: 100 King Street West Job Family Group: Audit, Risk & Compliance Seeking a skilled and experienced professional to join our Model Risk Management Team as a Senior Manager, Model Risk, Credit Risk. In this second‑line governance and control role you will play a pivotal part in overseeing the validation of credit risk models, with a strong emphasis on wholesale and retail stress‑testing models (CCAR/EWST) and allowance models (IFRS 9/CECL). You will also be responsible for model performance monitoring, annual reviews and assessment of overlay quantification. Leadership of a team of five or more people is required, with the ability to act as an individual contributor when needed. Key Role Responsibilities Validate credit risk models and assess model risk to confirm appropriateness and capability for a designated portfolio, providing effective challenge and clear communication to business users. Engage stakeholders, managing relationships with model developers, owners and users while translating complex technical concepts into everyday language. Provide project and change management oversight, recommending business priorities, advising on resources and leading the execution of strategic initiatives. Act as a subject matter expert on relevant regulations and policies, interpreting new regulations and assessing impacts to the validation framework. Integrate risk understanding, connecting technical issues with business considerations to mitigate risks. Facilitate culture, diversity, and inclusion aligned to BMO purpose, values and strategy. What we are looking for MSc or PhD in quantitative fields such as statistics, applied mathematics, financial mathematics, data science, actuarial sciences, electrical engineering, or related fields. Minimum of 7 years of experience in model development and/or validation within a financial institution, particularly in credit risk. Certifications such as CFA, FRM, PRM are beneficial but not mandatory. Experience with credit risk models including stress testing, loss forecasting, AIRB, and adjudication/account management. Proficiency in Python (preferred), R, and SAS; experience with SQL or Oracle relational databases. Knowledge of big‑data tools and cloud platforms (AWS or Azure) is a plus. Can‑do attitude, deep‑dive mindset and strong analytical and communication skills. Location and Work Arrangement The position is located in Toronto and offers a hybrid work arrangement: at least three days per week on site and the remainder remote. Compensation Salary: $94,600.00 - $176,000.00 Pay Type: Salaried Benefits BMO offers health insurance, tuition reimbursement, accident and life insurance, retirement savings plans and performance‑based incentives. View more details at BMO Total Rewards. About BMO At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. We create lasting, positive change for our customers, communities and people. We value diversity, inclusive opportunities and development of talent across the organization. Accessibility Statement Accommodations are available on request for candidates participating in all aspects of the selection process. #J-18808-Ljbffr
