Quantitative Model Validation Associate

2 weeks ago


Toronto, Ontario, Canada MUFG Full time

Unlock Your Potential in Model Risk Management

Mitsubishi UFJ Financial Group (MUFG) is a leading global financial institution seeking a skilled Quantitative Model Validation Associate - Market Risk to join our team. As a key member of our Model Risk Management group, you will play a critical role in ensuring the accuracy and reliability of our market risk models.

Key Responsibilities:

  • Validate numerical, statistical, and mathematical models related to market risk, assessing conceptual soundness, evaluating model assumptions, and reviewing model governance and control processes.
  • Verify model performance, including correct implementation, limiting behavior, and response to stress/extreme input conditions.
  • Assist in developing, maintaining, and implementing the Bank's Model Risk Management Program.

Requirements:

  • Advanced degree in mathematics, finance, computer science, statistics, or other quantitative fields.
  • 2-5 years of experience in model risk management, with a proven track record of strong technical model development, validation, and oversight.
  • Strong analytical, logical reasoning, and problem-solving skills.

About MUFG:

MUFG is a global financial institution with a strong commitment to innovation, collaboration, and customer satisfaction. We offer a dynamic and inclusive work environment, with opportunities for professional growth and development.



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