Current jobs related to Model Risk Governance Expert - Toronto, Ontario - EQ Bank | Equitable Bank


  • Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

    Discover a rewarding career at EQ Bank | Equitable Bank, where innovation meets tradition.We are seeking an experienced Risk Governance Expert to join our team. This is a $120,000-$160,000 per year opportunity based in Toronto, ON.As a Risk Governance Expert, you will play a key role in maintaining the bank's Model Risk Management Framework (MRMF). Your...

  • Risk Management Expert

    12 hours ago


    Toronto, Ontario, Canada Equitable Bank Full time

    At Equitable Bank, we're redefining the banking experience for Canadians. We're a team of innovators who challenge traditional norms to create better options.We serve over 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank, and Concentra Bank, our wholly-owned subsidiary supporting credit unions with over six million members. Our...


  • Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

    We are a leading Challenger Bank, striving to transform the banking experience for Canadians. Our team is composed of inquisitive and agile minds that find innovative solutions to complex problems.Job DescriptionAs a Model Risk Governance Specialist at EQ Bank | Equitable Bank, you will play a crucial role in supporting stakeholders in fulfilling their...


  • Toronto, Ontario, Canada Equitable Bank Full time

    About Equitable BankAt Equitable Bank, we're revolutionizing the banking experience by pushing boundaries and challenging conventional norms. With a rich history spanning over 50 years, we've grown to serve more than 670,000 Canadians through our flagship bank, Equitable Bank, and its subsidiary, Concentra Bank. Our combined assets under management and...


  • Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

    About UsAt EQ Bank | Equitable Bank, we're not a traditional bank. We're innovators who believe Canadians deserve better banking options.We're big believers in creatively transforming what's possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways to do things.With over $125 billion in combined assets under management...


  • Toronto, Ontario, Canada Bank of Montreal Full time

    We are seeking a highly experienced Senior Manager, Model Validation to join our team at the Bank of Montreal.Job Description:This is a full-time 13-month contract position that will require the successful candidate to work in our downtown Toronto office for a minimum of 2 days per week. The ideal candidate will have outstanding knowledge and relevant...


  • Toronto, Ontario, Canada Randstad Full time

    At Randstad, we're seeking a highly skilled Regulatory Risk Governance Expert to join our team. This is an exceptional opportunity for a seasoned professional with experience in mutual fund firms and the investment industry.About the RoleAs a Senior Analyst, Risk Governance, you will be working closely with the Director, Risk Governance to manage the renewal...


  • Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

    Job SummaryWe are seeking a highly skilled Banking Governance Risk Specialist to join our team at EQ Bank | Equitable Bank. The successful candidate will be responsible for overseeing model risk governance, maintaining the Model Risk Management Framework (MRMF), and ensuring compliance with regulatory requirements.


  • Toronto, Ontario, Canada KPMG Canada Full time

    About KPMG CanadaKPMG in Canada is a leading provider of audit, tax, and advisory services. Our team of experts works with clients across various industries to help them navigate complex business challenges and achieve their goals.Job DescriptionWe are seeking an experienced Senior Consultant to join our Governance, Risk, and Compliance Services team in...


  • Toronto, Ontario, Canada Bank of Montreal Full time

    Unlock Career Growth as a Senior Credit Risk Governance ManagerWe are seeking a seasoned professional to join our team as a Senior Credit Risk Governance Manager. In this pivotal role, you will play a key part in overseeing the validation of credit risk models, ensuring their accuracy and reliability. Your expertise will be crucial in providing effective...


  • Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

    Company Overview:At EQ Bank | Equitable Bank, we're not just a bank - we're a catalyst for change. With over 50 years of experience and $125 billion in combined assets under management, we're dedicated to revolutionizing the banking experience for Canadians. Our commitment to innovation and customer-centricity has earned us a spot on the Forbes World's Best...


  • Toronto, Ontario, Canada BMO Financial Group Full time

    BMO Financial Group is a leading financial institution committed to making a positive impact in the lives of our customers, communities, and employees. As a key member of our team, you will play a vital role in shaping the future of risk management and governance within our organization.About the RoleAs an Enterprise Risk Manager, Governance and Compliance,...


  • Toronto, Ontario, Canada KPMG Canada Full time

    About the RoleWe are seeking a highly skilled and experienced AI Governance and Risk Management Senior Consultant to join our Information Technology Risk Services team at KPMG Canada.Job DescriptionAs an AI Governance and Risk Management Consultant, you will have the opportunity to work across geographies and industries to take on challenging and...


  • Toronto, Ontario, Canada KPMG Canada Full time

    OverviewKPMG in Canada is a leading professional services firm, dedicated to providing high-quality assurance, tax, and advisory services to clients across various industries.The successful candidate will join our Energy and Natural Resources practice, where they will have the opportunity to work with top-tier clients, delivering specialized internal audit,...


  • Toronto, Ontario, Canada Bank of Montreal Full time

    The Bank of Montreal is seeking a highly skilled AI Risk Governance Specialist to join its team. This role will be responsible for overseeing the deployment of Artificial Intelligence (AI) at BMO and ensuring that use cases are consistent with internal risk management frameworks and meet bank standards.About the RoleOversee and provide effective challenge on...


  • Toronto, Ontario, Canada Royal Bank of Canada Full time

    About the RoleAre you a talented data science student looking for a challenging internship that combines technical skills with business acumen?We are seeking a Data Science and Risk Modeling intern to join our team at Royal Bank of Canada (RBC) in Toronto.About the CompanyRoyal Bank of Canada is one of Canada's largest banks, serving over 17 million clients...


  • Toronto, Ontario, Canada Disability Solutions Full time

    About the OpportunityCWB Financial Group is currently seeking a seasoned Market Risk Oversight Expert to join our esteemed Risk Services team. As an expert in interest rate risk, you will play a pivotal role in supporting the AVP, Market Risk, by conducting second-line oversight of market risk in the banking book and maintaining CWB's interest rate risk...


  • Toronto, Ontario, Canada Royal Bank of Canada Full time

    Company Overview">Royal Bank of Canada is a leading financial institution that values innovation and growth. We strive to build inclusive teams and create an equitable workplace where employees can bring their true selves to work.We are committed to tackling issues of inequity and systemic bias to support our diverse talent, clients, and communities.About...


  • Toronto, Ontario, Canada Royal Bank of Canada Full time

    About the RoleWe are seeking a Principal Data Scientist to join our Risk Modeling team at the Royal Bank of Canada. As a key member of this team, you will be responsible for developing and implementing predictive risk models that support credit decisions in Portfolio Management and Credit Strategies.The ideal candidate will have a strong background in...


  • Toronto, Ontario, Canada WP Osborne Executive Search Inc. Full time

    WP Osborne Executive Search is proud to partner with Starlight Investments in the search for a seasoned Compliance Governance Expert to join their asset management team. This exciting opportunity presents an exceptional chance to leverage your expertise in compliance and governance, shaping the company's approach to regulatory requirements and risk...

Model Risk Governance Expert

2 months ago


Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

**About Us**

At EQ Bank | Equitable Bank, we're redefining the banking experience for Canadians. With a presence in Canada since 1970 and serving over 670,000 people across the country, we're committed to innovation and delivering better options.

We're proud of our recognition as one of the top banks in Canada on the Forbes World's Best Banks list since 2021, thanks to our EQ Bank digital platform. Our team is comprised of agile minds that challenge the status quo and find smarter ways to do things.

As we continue to drive change in Canadian banking, we're seeking an experienced Model Risk Governance Expert to join our team.

Job Description
  • Maintain and provide strategic input and recommendations on the Model Risk Management Framework (MRMF).
  • Keep management apprised of relevant regulations and industry best practices related to model risk governance.
  • Support stakeholders in developing and enhancing model risk-related policies, standards, guidelines, and procedures, covering the model life cycle and exceptions.
  • Develop and maintain templates for model documentation, model reviews, model risk classification, and rating to ensure consistency in execution of model risk requirements across the First Line and Second Line of defense.

The successful candidate will be responsible for overseeing end-to-end the model lifecycle activities, maintaining a comprehensive, accurate, and evergreen bank-wide model inventory, producing effective reporting on the status of model risk across the Bank, and fostering a culture of model risk management.

$140,000-$160,000 per annum, depending on experience, plus benefits including medical, dental, vision, life, and disability insurance, generous vacation policy, and personal days.

Requirements
  • 10+ years of experience in model risk management within financial institutions.
  • Excellent knowledge of model risk management principles and practices, regulatory requirements, and industry practices such as evaluation and aggregation methodologies, key risk and performance indicators (KRIs and KPIs), and reporting.
  • Thorough understanding of model validation processes and regulatory requirements. Previous experience in model validation is an asset.
  • Solid knowledge of related businesses such as funding risk, interest rate risk, liquidity risk, and/or credit risk management processes.
  • Proficiency in using MS Office and other reporting tools such as Power BI.
  • Advanced project management skills.