Manager, Model Validation
7 days ago
Requisition ID: 170230 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose of Job**: The Model Validation & Approval area provides independent and consistent model validation and approval across various risk types, including market risk, credit risk, operational risk, treasury, capital models and other key risk/financial models. **Responsibilities**: - _ Support director/senior manager in the development of the work plan._ - _ Deliver validation assignments according to work plan._ - _ Undertake research and development of new validation techniques_ - _ Manage relationship with key contacts as identified for each validation request submission _ - _Comply with internal policies, procedures and regulatory requirements where applicable_ - _ Provide support to resolve outstanding audit and regulatory issues and to respond to ad hoc senior management and regulatory requests_ - _ Provide support to large-scale projects as required_ - _ Keep abreast of industry and regulatory developments and evolving expectations; develop relationships with counterparts at other financial institutions; provide ongoing peer benchmarking support_ **Job Requirements**: - Advanced degree in Mathematics, Statistics, Econometrics, Physics, Computer Science, Financial Mathematics, Financial Engineering (Master and above), in combination with business education. - Industry certification or credentials will be asset (e.g. MBA, CFA, FRM) - Strong knowledge in statistics/probability/applied math. Proficiency in at least one of the statistical/numerical packages (SAS/MATLAB/R/Python). - Ability to effectively utilize relational databases for data analysis, write complex SQL queries is an asset. - Knowledge of data extraction and manipulation techniques is an asset. - Prefer minimum of 1 years experience in quantitative/statistical analysis in model development or validation areas. Experience and working knowledge in regulatory capital parameters (i.e., PD, LGD, EAD), economic capital, and stress testing is beneficial. - Effective project and time management in order to efficiently deliver concurrent projects with competing priorities in good quality. - Be able to be independently deliver work assignments efficiently. - Constructive conflict management ability; ability to collaborate effectively with model owner/sponsor counterparts as well as internal audit and regulators. - Effective presentation and strong spoken and written communication skill is essential. Location(s): Canada : Ontario : Toronto Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
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Manager, Model Validation
7 days ago
Toronto, Canada Scotiabank Full timeRequisition ID: 174453 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose of Job**: The Global Model Risk Management area provides independent and consistent model validation and approval across various risk types, including market risk, retail/non-retail credit risk, operational risk, capital...
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Manager, Model Validation
2 weeks ago
Toronto, Canada Scotiabank Full timeRequisition ID: 159745 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose of Job**: Executes initial and ongoing model validations/approvals to ensure model risk management initiatives are in compliance with regulatory requirements and internal policies/procedures. **Responsibilities**: - Assist...
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Manager, Model Validation
7 days ago
Toronto, Canada Scotiabank Full timeRequisition ID: 157942 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose of Job**: The Manager in Model Validation & Approval valuation team provides independent and consistent model validation and approval across various product types, including foreign exchange (FX), fixed income, equity,...
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Manager, Model Validation
2 weeks ago
Toronto, Canada Scotiabank Full timeRequisition ID: 172006 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. **Purpose of Job**: The Manager in Model Validation & Approval valuation team provides independent and consistent model validation and approval across various product types, including foreign exchange (FX), fixed income, equity,...
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Manager, Treasury Models Validation
5 days ago
Toronto, Canada BMO Financial Group Full time100 King Street West Toronto Ontario,M5X 1A1 Performs validation of Treasury models (Structural Market Risk and PPNR models) and assesses model risk to confirm model appropriateness and capability for a designated portfolio. Provides effective challenge during model development and communicates decisions regarding model use to the business to ensure...
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Manager, Treasury Models Validation
1 week ago
Toronto, Canada BMO Financial Group Full time100 King Street West Toronto Ontario,M5X 1A1 Performs validation of models and assesses model risk to confirm model appropriateness and capability for a designated portfolio. Provides effective challenge during model development and communicates decisions regarding model use to the business to ensure transparency and understanding of models and model risks....
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Senior Manager
2 days ago
Toronto, Canada BMO Full timeJoin to apply for the Senior Manager - Model Validation role at BMO . Performs validation of models and assesses model risk to confirm model appropriateness and capability for a designated portfolio. Provides effective challenge during model development and communicates decisions regarding model use to the business to ensure transparency and understanding of...
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Manager Erm Model Validation
2 weeks ago
Toronto, Canada Canada Life Assurance Company Full time**Job Description**: Enterprise Risk Management (ERM), part of the Global Risk and Compliance Function, designs, coordinates, implements, and maintains core risk management processes across all regions, business units, and risk types within Great-West Lifeco. Our processes facilitate the Corporation’s enterprise risk management framework and ensure...
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Senior Manager
2 days ago
Toronto, Canada BMO Full timeApplication Deadline:Address:100 King Street WestJob Family Group:Audit, Risk & CompliancePerforms validation of models and assesses model risk to confirm model appropriateness and capability for a designated portfolio. Provides effective challenge during model development and communicates decisions regarding model use to the business to ensure transparency...
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Manager - Aml Model Validation
1 week ago
Toronto, Canada Royal Bank of Canada Full time-- - **What is the opportunity?** **What will you do?** - Proactively validating solutions and AML surveillance as it applies to detecting and counteracting emerging risks and typologies for ML/TF/Tax Evasion/ABAC/etc as well as continuously assessing RBC’s risk exposure. - Ability to articulate the scope and approach on the Enterprise wide approach...
