Senior Risk Management Specialist

2 days ago


Old Toronto, Canada Manulife Insurance Malaysia Full time
Job Description

This role offers a unique opportunity to be a senior member of the Global Model Risk Management team, focusing on validating models in the Global Wealth Management Segment.

  1. Evaluate model risks and ensure their adequacy for stated objectives and assumptions, general practice, and company policies.
  2. Document model validation outcomes and communicate findings to stakeholders and model risk leaders.
  3. Ensure business units comply with the Model Risk Policy, providing adequate documentation for independent validation and governing the entire model lifecycle.
  4. Participate in the annual model materiality refresh and inventory attestation process.
  5. Provide mentorship to junior staff.

Required Qualifications:

  1. Master's or PhD degree in a quantitative discipline (Math, Finance, Economics, Physics, Engineering, etc.)
  2. 3 years of experience in financial mathematics modeling with expertise in stochastic and other numerical techniques.
  3. Proficiency in programming languages such as VBA, C, SQL, Excel, MATLAB, or Python.
  4. Proven organizational, team-building, and relationship-building abilities across business functions.
Key Responsibilities

The successful candidate will be responsible for ensuring that models are validated to meet regulatory requirements, conducting regular reviews of model performance, and providing recommendations for improvement. They will also be responsible for communicating with stakeholders, including business units and model risk leaders, to ensure that model risks are properly managed.

Benefits

We offer a comprehensive benefits package, including medical, dental, mental health, vision care, short and long-term disability, life insurance, and employee assistance programs. We also provide various retirement savings plans and generous paid leave policies.



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