Model Validation Quantitative Lead

4 days ago

Toronto, Canada MUFG Full time

Model Validation Quantitative Lead

**Job Summary**:
Quantitative Risk Control (QRC) is responsible for the management of enterprise-wide End User Computing (EUC) and Model risks associated with the Bank's development, deployment, and maintenance of quantitative processes. In order to manage these risks, we have developed and implemented a comprehensive framework across three lines of defense. As the second line of defense, we establish and maintains the EUC and Model risk management framework, including the independent testing of all EUCs, and management of associated risks in the aggregate at the enterprise level.

**Primary Accountabilities**:
**Risk Management Function**:

- Serve as a primary Risk Management liaison with First Line partners to ensure the Program is consistently applied.
- Lead the ongoing evolution of the EUC Risk Management Program
- Respond to partner and audit inquiries related to the Policy, Procedures, and other EUC Risk Management Program areas.
- Support Head of EUC Control Testing on presentation materials related to senior management reporting, management issue or internal team reporting.

**Relationship Building within the Bank**:

- Leverage strong interpersonal skills and experience in working with business areas in a service-oriented and value add style.
- Lead communication routines with offshore EUC testing resources to ensure potential testing delays/challenges are identified in a timely manner.

**Risk Testing and Assessment**:

- Conduct control testing and document results in an organized and clear manner.
- Perform quality control reviews on testing results produced by offshore testing resources.
- Improve and execute processes to efficiently conduct EUC testing activities.
- Lead reviews to categorize EUC tools and conduct inherent risk rating assessments.
- Review finding remediation and related materials to determine if they are adequate to close the finding.

**Technical Skills**:

- Excellent communications skills, both oral and written
- Advanced level MS Excel skills including vlookup, SQL, macros etc.

**Experience Required**:

- 5+ years of hands-on experience working within a financial services organization or consulting firm. Experience in at least one of the following areas: Risk Management, Audit, Sarbanes Oxley (SOX), Control Testing, Compliance, or Regulatory Bank Supervision.

**Education Required**:

- Bachelor's degree

**Work Environment**:

- WFH and office split - No travel is expected. If any does happen it would be less then 4 times a year.

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