Senior Specialist, Model Validation Expert
6 days ago
We are seeking a highly skilled Senior Specialist, Model Validation to join our Model Risk Management division, Model Validation group. As a key member of our team, you will play a critical role in ensuring the accuracy and reliability of our financial models, which are used to inform decision-making and enhance risk management.
Key Responsibilities- Perform thorough validation of various models, including credit risk, pricing, actuarial, IFRS17, economic capital, stress testing, and machine learning models, to assess their fitness for purpose and performance.
- Design and implement statistical tests to evaluate model sensitivity, robustness, and ongoing performance.
- Assess model soundness and risk in both approach and usage, providing expert recommendations for improvement.
- Monitor model performance to ensure ongoing quality and proactively identify opportunities to enhance existing models and analytical tools.
- Draft comprehensive validation reports and engage with stakeholders, including model owners, developers, and users, to discuss model issues and provide expert guidance.
- Make informed, balanced decisions on complex issues and provide expertise to ensure the Corporation is not at undue risk.
- Contribute to the development of model validation procedures and model risk governance, aligning with industry best practices.
- A postgraduate degree in Quantitative Finance, Mathematics, Statistics, Data Science, Actuarial Science, Finance, Economics, or a related field, or an equivalent combination of education and experience.
- A minimum of five years of relevant experience in modelling/validation or quantitative analytics at a financial institution, with a strong background in actuarial, statistical, and econometric models.
- Demonstrated expertise with various quantitative software, including R, Python, VBA, Databricks, and Clouds.
- Knowledge of OSFI capital rules and risk management standards, as well as IAIS capital standards.
- Demonstrated experience in writing technical modelling or validation reports.
- Excellent communication and interpersonal skills, with the ability to persuade, influence, and negotiate with colleagues, clients, and senior management.
- Ability to research complex issues, analyze problems, synthesize information, and make informed recommendations.
- Professional designation in Actuarial Science, Chartered Financial Analyst, Professional Risk Manager, Financial Risk Manager, or Certificate in Quantitative Finance.
- Demonstrated experience with mortgage insurance, retail lending, scorecard development, economic capital, and stress testing.
- Experience with Machine Learning algorithms and Probabilistic Modelling.
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Senior Specialist, Model Validation Expert
6 days ago
Montreal, Quebec, Canada Canada Mortgage and Housing Corporation Full timeAbout the RoleWe are seeking a highly skilled Senior Specialist, Model Validation to join our Model Risk Management division, Model Validation group. As a key member of our team, you will play a critical role in ensuring the accuracy and reliability of our financial models.Key ResponsibilitiesPerform thorough validation of various models, including credit...
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Senior Specialist, Model Validation Expert
6 days ago
Montreal, Quebec, Canada Canada Mortgage and Housing Corporation Full timeAbout the RoleWe are seeking a highly skilled Senior Specialist, Model Validation to join our Model Risk Management division, Model Validation group. As a key member of our team, you will play a critical role in ensuring the accuracy and reliability of our financial models.Key ResponsibilitiesPerform thorough validation of various models, including credit...
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Market Risk Model Validation Expert
2 days ago
Montreal, Quebec, Canada National Bank Full timeAbout the RoleWe are seeking a highly skilled Market Risk Model Validation Expert to join our team at National Bank. As a key member of our Risk Management department, you will play a critical role in ensuring the accuracy and reliability of our market risk models.Key ResponsibilitiesValidate market risk models to ensure they are aligned with regulatory...
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Market Risk Model Validation Expert
2 days ago
Montreal, Quebec, Canada National Bank Full timeAbout the RoleWe are seeking a highly skilled Market Risk Model Validation Expert to join our team at National Bank. As a key member of our Risk Management department, you will play a critical role in ensuring the accuracy and reliability of our market risk models.Key ResponsibilitiesValidate market risk models to ensure they are aligned with regulatory...
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Market Risk Model Validation Expert
7 days ago
Montreal, Quebec, Canada National Bank Full timeAbout the RoleWe are seeking a highly skilled Market Risk Model Validation Expert to join our team at National Bank. As a key member of our Risk Management department, you will play a critical role in ensuring the accuracy and reliability of our market risk models.Key ResponsibilitiesValidate market risk models to ensure they are aligned with regulatory...
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Market Risk Model Validation Expert
6 days ago
Montreal, Quebec, Canada National Bank Full timeAbout the RoleWe are seeking a highly skilled Market Risk Model Validation Expert to join our team at National Bank. As a key member of our Risk Management department, you will play a critical role in ensuring the accuracy and reliability of our market risk models.Key ResponsibilitiesValidate market risk models to ensure they are aligned with regulatory...
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Risk Model Validation Specialist
6 days ago
Montreal, Quebec, Canada National Bank Full timeAbout the RoleWe are seeking a highly skilled Risk Model Validation Specialist to join our Market Risk Model Validation team at National Bank. As a key member of our team, you will play a critical role in ensuring the accuracy and reliability of our market risk models.Key ResponsibilitiesModel Validation: Validate market risk models to ensure they are...
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Risk Model Validation Specialist
7 days ago
Montreal, Quebec, Canada National Bank Full timeAbout the RoleWe are seeking a highly skilled Risk Model Validation Specialist to join our Market Risk Model Validation team at National Bank. As a key member of our team, you will play a critical role in ensuring the accuracy and reliability of our market risk models.Key ResponsibilitiesModel Validation: Validate market risk models to ensure they are...
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Market Risk Model Validation Expert
6 days ago
Montreal, Quebec, Canada National Bank Full timeAbout the RoleWe are seeking a highly skilled Market Risk Model Validation Expert to join our team at National Bank. As a key member of our Risk Management department, you will play a critical role in ensuring the accuracy and reliability of our market risk models.Key ResponsibilitiesValidate market risk models to ensure they are aligned with regulatory...
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Market Risk Model Validation Expert
7 days ago
Montreal, Quebec, Canada National Bank Full timeAbout the RoleWe are seeking a highly skilled Market Risk Model Validation Expert to join our team at National Bank. As a key member of our Risk Management department, you will play a critical role in ensuring the accuracy and reliability of our market risk models.Key ResponsibilitiesValidate market risk models to ensure they are aligned with regulatory...
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Risk Model Validation Advisor
4 days ago
Montreal, Quebec, Canada Banque Nationale du Canada Full timeAbout the RoleWe are seeking a highly skilled Risk Model Validation Advisor to join our Market Risk Model Validation team at Banque Nationale du Canada. As a key member of our team, you will play a critical role in validating and establishing the acceptability of models, quantifying potential losses, and contributing to model risk governance and...
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Risk Model Validation Advisor
3 days ago
Montreal, Quebec, Canada Banque Nationale du Canada Full timeAbout the RoleWe are seeking a highly skilled Risk Model Validation Advisor to join our Market Risk Model Validation team at Banque Nationale du Canada. As a key member of our team, you will play a critical role in validating and establishing the acceptability of models, quantifying potential losses, and contributing to model risk governance and...
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Risk Model Validation Advisor
4 days ago
Montreal, Quebec, Canada Banque Nationale du Canada Full timeAbout the RoleWe are seeking a highly skilled Risk Model Validation Advisor to join our Market Risk Model Validation team at Banque Nationale du Canada. As a key member of our team, you will play a critical role in validating and establishing the acceptability of models, quantifying potential losses, and contributing to model risk governance and...
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Risk Model Validation Advisor
3 days ago
Montreal, Quebec, Canada Banque Nationale du Canada Full timeAbout the RoleWe are seeking a highly skilled Risk Model Validation Advisor to join our Market Risk Model Validation team at Banque Nationale du Canada. As a key member of our team, you will play a critical role in validating and establishing the acceptability of models, quantifying potential losses, and contributing to model risk governance and...
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Regulatory Validation Expert
1 week ago
Montreal, Quebec, Canada Crédit Agricole Group Full timeAbout the Role:We are seeking a highly skilled Senior Compliance Analyst to join our team at Crédit Agricole Group. As a key member of our compliance team, you will be responsible for ensuring that our financial models and systems are in line with regulatory requirements.Key Responsibilities:Articulate Complex Concepts: Develop and present clear and concise...
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Regulatory Validation Expert
6 days ago
Montreal, Quebec, Canada Crédit Agricole Group Full timeAbout the Role:We are seeking a highly skilled Senior Compliance Analyst to join our team at Crédit Agricole Group. As a key member of our compliance team, you will be responsible for ensuring that our financial models and systems are in line with regulatory requirements.Key Responsibilities:Articulate Complex Concepts: Develop and present clear and concise...
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Montreal, Quebec, Canada Pharmascience Inc. Full timeJob SummaryWe are seeking a highly skilled Senior Validation Specialist, Equipment and Systems to join our team at Pharmascience Inc.Key ResponsibilitiesDevelop and execute validation protocols for complex equipment and systemsManage validation projects from start to finish, ensuring compliance with regulatory requirementsCoordinate with cross-functional...
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Montreal, Quebec, Canada Pharmascience Inc. Full timeJob SummaryWe are seeking a highly skilled Senior Validation Specialist, Equipment and Systems to join our team at Pharmascience Inc.Key ResponsibilitiesDevelop and execute validation protocols for complex equipment and systemsManage validation projects from start to finish, ensuring compliance with regulatory requirementsCoordinate with cross-functional...
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Regulatory Validation Expert
1 week ago
Montreal, Quebec, Canada Crédit Agricole Group Full timeAbout the Role:We are seeking a highly skilled Senior Compliance Analyst to join our team at Crédit Agricole Group. As a key member of our compliance team, you will be responsible for ensuring that our financial models and systems are in line with regulatory requirements.Key Responsibilities:Articulate Complex Concepts: Develop and present clear and concise...
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Regulatory Validation Expert
6 days ago
Montreal, Quebec, Canada Crédit Agricole Group Full timeAbout the Role:We are seeking a highly skilled Senior Compliance Analyst to join our team at Crédit Agricole Group. As a key member of our compliance team, you will be responsible for ensuring that our financial models and systems are in line with regulatory requirements.Key Responsibilities:Articulate Complex Concepts: Develop and present clear and concise...
