Market Risk Model Validation Specialist

2 weeks ago


Montreal, Quebec, Canada National Bank Full time
About the Role

We are seeking a highly skilled Market Risk Model Validation Specialist 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 financial models.

Key Responsibilities
  • Validate market risk models to ensure they accurately measure potential losses and profits.
  • Develop and maintain detailed validation reports, providing recommendations for model improvements.
  • Collaborate with cross-functional teams to implement and manage dynamic model inventory.
  • Design and implement model risk measurement and quantification tools to support risk management activities.
  • Establish potential model risks in accordance with financial literature and theory.
About You

To succeed in this role, you will require a strong background in risk management, financial modeling, and quantitative analysis. A master's degree in a related field and experience in the financial industry are essential. Proficiency in programming languages such as Matlab and Python is also required.

What We Offer

As a valued member of our team, you will enjoy a competitive compensation package, including a generous pension plan, employee share ownership plan, and comprehensive health and wellness program. You will also have opportunities to develop your skills and advance your career in a dynamic and inclusive work environment.



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