Director, Model Validation and Analytics
4 months ago
Why you’ll love working here:
- high-performance, people-focused culture- our commitment that equity, diversity, and inclusion are fundamental to our work environment and business success, which helps employees feel valued and empowered to be their authentic selves- learning and development initiatives, including workshops, Speaker Series events and access to LinkedIn Learning, that support employees’ career growth- membership in HOOPP’s world class defined benefit pension plan, which can serve as an important part of your retirement security- competitive, 100% company-paid extended health and dental benefits for permanent employees, including coverage supporting our team's diversity and mental health (e.g., gender affirmation, fertility and drug treatment, psychological support benefits of $2,500 per year, and newly extended maternity/parental leave top of 26 weeks)- optional post-retirement health and dental benefits subsidized at 50%- yoga classes, meditation workshops, nutritional consultations, and wellness seminars- access to an annual wellness reimbursement program for health and wellness-related expenses for permanent and temporary employees- the opportunity to make a difference and help take care of those who care for us, by providing a financially secure retirement for Ontario healthcare workers
Job Summary:
Reporting to the Senior Director, Model Validation and Analytics the Director will be responsible for the oversight of valuation models that underpin market, credit and liquidity risk measurement with models covering all derivatives, credit, fixed income and equity instruments, as well as alternative investments. The incumbent will contribute to the development and maintenance of risk models, primarily for market risk but also exposure measurement and country and FX risk. The Director will also be involved with the development and compliance of policies relating to the governance of model risk as well as advising on appropriate IT infrastructure for risk Provide ad hoc analysis in response to questions from senior management.
What you will do:
- Manage the development, validation, and implementation of valuation and risk models across functional teams, including quantitative consultants, IT business analysts, developers, and data teams.- Propose, implement and maintain appropriate levels of controls for model development and testing. Maintaining documentation and controls consistent with what is required my internal and external auditors and other governance-related stakeholders.- Manage performance, training and onboarding of team members who are actively involved in the development of HOOPP’s valuation and risk models.- Build models using Python for production and prototyping, validating models, and performing ad-hoc analysis.- Maintain active dialogue with other risk leaders as well as other financial professions in risk, trading and finance departments in order to develop appropriate risk and valuation models.- Work both with IT and members of the group to develop and implement models, using techniques that promote automated processing and production-level development practices.- Work closely with internal controls group and external auditors in their review and validation of risk and valuation processes and models.- identify creative solutions to “odd” product valuation and risk calculations, especially in the area of alternative investments and exotic derivatives.- Provide senior management with ad hoc analysis relating to the risk and valuation models.
What you bring:
- Experience building valuation and risk models in Python combined with knowledge of methodologies and approaches to instrument valuation and risk measurement for a broad range of financial products.- Experience using 3rd party software for managing risk, especially for valuing financial instruments, is an asset. Example include Blackrock’s Aladdin, SS&S (formally Algorithmics) RiskWatch, or MSCI.- Experience modelling alternative assets is an asset.- Master’s degree in a quantitative field e.g. Math, Finance, Actuarial Science.- Professional designation in finance (CFA, FRM, PRM).- Minimum of 10 years’ experience in quantitative finance.- Experience in project management across multi-functional teams- Experience with best practice for model development (both at the code level and in general development methodologies).- Excellent collaboration and relationship management skills, including the ability to manage and strengthen relationships across different teams.- Ability to build and motivate strong technical contributors.- Excellent communication, interpersonal and leadership.
-
Director, Model Validation
4 months ago
Toronto, Canada Scotiabank Full timeRequisition ID: 200964 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose of Job**: Provides direction, leadership and oversight for initial and ongoing model validations/approvals to ensure model risk management initiatives are in compliance with regulatory requirements and internal...
-
Director, Head Model Validation
3 months ago
Toronto, Canada Scotiabank Full timeRequisition ID: 191549 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose of Job**: Provides judicious direction, leadership and oversight for the Bank’s model validation and approval process in accordance with the Model Risk Management Policy. Leads a team of Directors liable for managing...
-
Senior Analyst, Model Validation
1 week ago
Toronto, Ontario, Canada Sun Life of Canada - Corporate Full timeSenior Analyst - Model Validation & Analytics Join our team as a Senior Analyst in Model Validation & Analytics and contribute to the assessment and approval of complex mathematical, statistical, and actuarial models. About the Role As a Senior Analyst, you will be responsible for conducting independent validations of various models used in Sun Life,...
-
Financial Crimes Model Validation Manager
2 days ago
Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryAs a Manager of Global Financial Crimes Model Validation, you will play a critical role in ensuring the ongoing effectiveness of RBC's Financial Crimes monitoring program. You will report to the Senior Manager of Financial Crime Model Validation and will be responsible for implementing and executing substantive financial crimes risk management...
-
Financial Crimes Model Validation Manager
2 days ago
Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryAs a Manager of Global Financial Crimes Model Validation, you will play a critical role in ensuring the ongoing effectiveness of RBC's Financial Crimes monitoring program. You will report to the Senior Manager of Financial Crime Model Validation and will be responsible for implementing and executing substantive financial crimes risk management...
-
Financial Crimes Model Validation Manager
2 days ago
Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryAs a Manager of Global Financial Crimes Model Validation, you will play a critical role in ensuring the ongoing effectiveness of RBC's Financial Crimes monitoring program. You will report to the Senior Manager of Financial Crime Model Validation and will be responsible for implementing and executing substantive financial crimes risk management...
-
Director, Risk Modeling
3 days ago
Toronto, Ontario, Canada Healthcare of Ontario Pension Plan (HOOPP) Full timeSeeking a Director to oversee valuation models for market, credit, and liquidity risk measurement, with expertise in Python and risk modeling. Reporting to the Senior Director, Risk Analytics and Modeling, the Director will be responsible for the oversight of valuation models that underpin market, credit and liquidity risk measurement with models covering...
-
Manager, Global FC Model Validation
2 days ago
Toronto, Ontario, Canada Royal Bank of Canada Full timeJob Title: Manager of Global Financial Crimes Model Validation As a key member of the Global Financial Crimes team, you will play a critical role in ensuring the ongoing effectiveness of RBC's Financial Crimes monitoring program. Key Responsibilities: Validate Sanction Screening models and ensure model outputs comply with regulatory and business...
-
Senior Analyst, Model Validation Expert
2 weeks ago
Toronto, Ontario, Canada Sun Life Financial Inc. Full timeAbout the RoleWe are seeking a highly skilled Senior Analyst, Model Validation Expert to join our Model Validation & Analytics team at Sun Life Financial Inc. This is a critical role that requires a strong understanding of mathematical, statistical, and actuarial models, as well as excellent analytical and communication skills.Key ResponsibilitiesConduct...
-
Senior Analyst, Model Validation Expert
2 weeks ago
Toronto, Ontario, Canada Sun Life Financial Inc. Full timeAbout the RoleWe are seeking a highly skilled Senior Analyst, Model Validation Expert to join our Model Validation & Analytics team at Sun Life Financial Inc. This is a critical role that requires a strong understanding of mathematical, statistical, and actuarial models, as well as excellent analytical and communication skills.Key ResponsibilitiesConduct...
-
Senior Analyst, Model Validation Expert
2 weeks ago
Toronto, Ontario, Canada Sun Life Financial Inc. Full timeAbout the RoleWe are seeking a highly skilled Senior Analyst, Model Validation Expert to join our Model Validation & Analytics team at Sun Life Financial Inc. This is a critical role that requires a strong understanding of mathematical, statistical, and actuarial models, as well as excellent analytical and communication skills.Key ResponsibilitiesConduct...
-
Financial Crimes Model Validation Manager
4 days ago
Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryAs a Manager of Global Financial Crimes Model Validation, you will play a critical role in ensuring the ongoing effectiveness of RBC's Financial Crimes monitoring program. You will report to the Senior Manager of Financial Crime Model Validation and implement and execute substantive financial crimes risk management practices relevant to models and...
-
Financial Crimes Model Validation Manager
4 days ago
Toronto, Ontario, Canada Royal Bank of Canada Full timeJob SummaryAs a Manager of Global Financial Crimes Model Validation, you will play a critical role in ensuring the ongoing effectiveness of RBC's Financial Crimes monitoring program. You will report to the Senior Manager of Financial Crime Model Validation and implement and execute substantive financial crimes risk management practices relevant to models and...
-
Financial Crimes Model Validation Manager
5 days ago
Toronto, Ontario, Canada RBC Full timeJob SummaryRBC is seeking a highly skilled Manager to lead the Global Financial Crimes Model Validation team. As a key member of the Group Risk Management team, you will play a critical role in ensuring the ongoing effectiveness of Financial Crimes monitoring programs.Key ResponsibilitiesValidate Sanction Screening models to ensure compliance with regulatory...
-
Financial Crimes Model Validation Manager
5 days ago
Toronto, Ontario, Canada RBC Full timeJob SummaryRBC is seeking a highly skilled Manager to lead the Global Financial Crimes Model Validation team. As a key member of the Group Risk Management team, you will play a critical role in ensuring the ongoing effectiveness of Financial Crimes monitoring programs.Key ResponsibilitiesValidate Sanction Screening models to ensure compliance with regulatory...
-
Financial Crimes Model Validation Manager
4 days ago
Toronto, Ontario, Canada RBC Full timeJob SummaryAs a Manager of Global Financial Crimes Model Validation at RBC, you will play a critical role in ensuring the ongoing effectiveness of our Financial Crimes monitoring program. You will report to the Senior Manager of Financial Crime Model Validation and will be responsible for implementing and executing substantive financial crimes risk...
-
Financial Crimes Model Validation Manager
1 week ago
Toronto, Ontario, Canada RBC Full timeJob SummaryAs a Manager of Global Financial Crimes Model Validation at RBC, you will play a critical role in ensuring the ongoing effectiveness of our Financial Crimes monitoring program. You will report to the Senior Manager of Financial Crime Model Validation and will be responsible for implementing and executing substantive financial crimes risk...
-
Global Financial Crimes Model Validation Manager
2 weeks ago
Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryJob DescriptionWhat is the Opportunity?The Royal Bank of Canada is seeking a highly skilled Manager of Global Financial Crimes Model Validation to join our team. As a key member of our Global Financial Crimes team, you will play a critical role in ensuring the ongoing effectiveness of our Financial Crimes monitoring program. You will report to the...
-
Global Financial Crimes Model Validation Manager
2 weeks ago
Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryJob DescriptionWhat is the Opportunity?The Royal Bank of Canada is seeking a highly skilled Manager of Global Financial Crimes Model Validation to join our team. As a key member of our Global Financial Crimes team, you will play a critical role in ensuring the ongoing effectiveness of our Financial Crimes monitoring program. You will report to the...
-
Financial Crimes Model Validation Manager
1 week ago
Toronto, Ontario, Canada Royal Bank of Canada> Full timeJob SummaryWe are seeking a highly skilled Manager to join our Global Financial Crimes Model Validation team at Royal Bank of Canada. As a key member of our team, you will play a critical role in ensuring the ongoing effectiveness of our Financial Crimes monitoring program.Key ResponsibilitiesValidate Sanction Screening models to ensure compliance with...
