A career as a Model

Validation Advisor on the market risk Model Validation team at National Bank means that you can specialise in the independent validation of risk models.

This position allows you to have a concrete impact on the quality of risk management decisions thanks to your expertise in quantitative modelling,

analytical testing and model governance.

Your job

Independently validate market, counterparty and economic capital risk models by producing rigourous analyses and clear conclusions

Analyze and test methodologies, assumptions,

calibrations and model implementation mechanisms (including valuation and risk frameworks)

Carry out quantitative tests (comparisons,

sensitivity analyses, feedback tests) and interpret the results to identify risks and gaps

Assess model lifecycle controls and ensure compliance with governance requirements

Contribute to the continuous improvement of validation practises and share knowledge with the team

Your team

Within the risk

Management sector, you will be part of a collaborative team and report to a management specialised in validation. Our team stands out for its critical thinking, analytical rigour and commitment to continuous improvement. Our goal is to offer you maximum flexibility to promote your quality of life.

This includes a hybrid work environment and a flexible, adaptable schedule. The Bank values continuous development and internal mobility. Our personalised training programs, based on on on-the-job learning, help you master your profession and develop new fields of expertise.

Tools such as the Data Academy,





Language Training, the Harvard Learning Centre and coaching and mentoring support are available to you at any time.

Prerequisites A Bachelor, Master or PhD in a quantitative field and more than 5 years of relevant experience in risk modelling or validation

Solid knowledge of derivative valuation models and digital methods

Mastering market risk concepts (var, stress testing, including backtesting; knowledge of FRTB concepts required) and understand the associated regulatory requirements

Experience with counterparty credit risk models and related mechanisms

Understand economic capital modelling approaches and their impact on risk management

Knowledge of model governance practises and controls related to their lifecycle Languages: French, English

Reason to require this language: you will need to work closely with our colleagues outside Quebec.

Required skills: Analytical Skills, Artificial Intelligence, Communication, Critical Thinking, Cybersecurity, Derivatives, Detail-oriented, Diversity & Inclusion, Empathy, Initiative, Learning Agility, Market, Counterparty and Liquidity Risk, Resiliency, Teamwork Your benefits In addition to competitive compensation,



upon hiring you’ll be eligible for a wide range of flexible perks to help promote your wellbeing and that of your family such as:

Health and wellness program, including many options

Flexible group insurance

Generous pension plan

Employee Share Ownership Plan

Employee and family assistance program

Preferential banking services

Involvement in community initiatives

Telemedicine service

- Virtual sleep clinic We have an offer that keeps up with trends as well as your needs and those of your family. Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We value employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged. Making a bold move in a people-first environment

We’re a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on people’s lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments.

We aim, wherever possible, to provide a barrier-free and accessible environment to all employees. We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations.

We welcome all candidates! What can you bring to our team? Join us!

📌 Senior Advisor Model Validation (Montreal)
🏢 National Bank of Canada
📍 Montreal