Finance Project Manager

13 hours ago

Montreal, Quebec, Canada Soho Square Solutions Full-time
Finance project manager Montreal, QC 03 months

Job Description
The Model Risk Governance Specialist is responsible for the following activities:
• Ensure compliance with all relevant regulatory requirements and internal standards related to model risk management under the guidance of the Head of RISK IRC Americas.
• Prepare and present regular reports on model risk status, issues, and mitigation efforts to senior management, internal audit and regulators. •Coordinate and engage the model validators to ensure that model risk management practices are integrated into the model development and validation processes.
• Provide training and guidance to stakeholders on model risk management principles and best practices.
• Maintain an updated model inventory in accordance with model risk management (MRM) decisions.
• Manage the recommendations inventory and engage with the validators and implementation managers to ensure their adequate and timely resolution. •Coordinate the annual model attestation with Business Lines and the effective challenge exercise to ensure the completeness and accuracy of the model inventory.
• Maintain and update, when necessary, model risk policies, standards, and procedures to ensure consistent and effective model risk management. •Contribute to the Operational risk framework. Support the annual operational Risk and Control Self-Assessment (RCSA) of RISK IRC Americas. Document the permanent controls applied by model governance team to ensure the oversight and robustness of the MRM framework. List of required competencies
• Bachelor’s or master’s degree in finance, Economics, Mathematics, Statistics, or a related field.
• 3+ years of experience in model risk management, preferably within the financial services industry.
• Ability to work in a fast-paced environment and manage multiple deadlines at once.
• Strong sense of ownership and accountability.
• Excellent analytical and organizational skills.
• Ability to engage various stakeholders and deliver clear reports.
• Strong verbal and written communication skills.
• Good synthesis skills and critical thinking capabilities.
• Highly efficient with Word, PowerPoint, Outlook and Excel.
• Knowledge of the English is required. Preferred qualifications In addition to the minimum requirements, it is desirable for the candidate to be able to demonstrate:
• Programming skills (Python).
• Knowledge of AI models governance or validation.
• Knowledge of regulatory guidance on model risk management and banking regulation.
• Knowledge of databases and systems for model inventory management.
• Experience in interacting with model validators or internal auditors.
• Experience in writing policies and procedures.