07 Aug
|
Equitable Bank
|
Toronto
07 Aug
Equitable Bank
Toronto
The Core Responsibilities! Plan, execute and report model validations.
Assess the quality of model data and monitor the model performance.
Develop validation strategies and testing procedures.
Communicate key model validation conclusions ensuring that complex concepts are understood by key stakeholder.
Manage the project timeline diligently.
Exercise reasonable judgment in decision-making and advise VP MRM.
Draw upon your experience and knowledge to lead and/or support appropriate model risk assessments consistent with the models risk content and intended usage.
Educate, influence and hold accountable key stakeholders to manage model risk for in-scope models according to the Banks Model Risk Policy and relevant OSFI guidelines (for example, E-23 Model Risk Management Guidance, B-6 Liquidity Principles, and B-12 Interest Rate Risk Management).
Assist VP MRM in providing independent review and opinion to support the asset and liability Committees approval of model assumptions.
Model Risk Governance: Support the Model Risk Governance function on model risk policy development and review, compliance to model risk management policies, processes and regulatory requirements, maintenance of model inventory, model issue tracking and reporting.
Let''s Talk About You! A Masters degree or higher in Math, Applied Math, Computer Science, Math Finance, Economics, or equivalent quantitative background. 7+ years experience in Treasury risk model validation or model development in a financial institution, advanced in mathematical and statistical derivations,
quantitative techniques and qualitative justifications, regulatory requirements and industry practices. 3+ years experience in Enterprise-wide models such as ICAAP models and stress testing models Extensive understand model risk management principles and practices Extensive knowledge of related business and management processes.
Advanced programming skills in Python, SQL, MATLAB, Excel VBA with macro.
Previous experience in data analytics is preferred.
Excellent analytical skills and communication skills in both written and verbal format.
Excellent project management and time management skills.
Excellent technical documentation and report-writing skills.
What we offer [For full time permanent roles] Competitive discretionary bonus Market leading RRSP match program Medical, dental, vision, life, and disability benefits Employee Share Purchase Plan Maternity/Parental top-up while you care for your little one Generous vacation policy and personal days Virtual events to connect with your fellow colleagues Professional development and comprehensive Career Development program A fulfilling opportunity to join one of the top Fin
Techs and help create a new kind of banking experience The incumbent will be working hybrid and in office time will be spent working from EQ Banks additional office space located at 2200-25 Ontario Street, Toronto, ON .
Equity, Diversity & Inclusion EQ is committed to building an inclusive, accessible environment where every employee feels valued, respected, and supported.
We believe our organization is stronger and our people thrive when we honour and celebrate diverse experiences, identities, and perspectives.
Were equally committed to supporting your growth, both professionally and personally.
We provide a barrierfree recruitment process and work environment.
If you require accommodations at any stage, we will work with you to ensure you can bring your best self to the process and beyond.
As part of our recruitment process, EQ uses AI to help screen, assess, and/or select applicants for this position.
All AI-enabled outputs are reviewed and validated by our talent team.
All candidates considered for hire must successfully complete a criminal background check and credit check.
While we appreciate every application, an EQ recruiter will contact only those whose skills and experience most closely match the requirements of the role. EQB Inc. (TSX: EQB) is the parent company of Equitable Bank, the country''s seventh-largest Schedule I bank by assets, which operates EQ Bank, Canada''s Challenger Bank. EQB Inc. serves nearly 4 million Canadians and manages approximately $150 billion in combined assets under management and administration.
To learn more, visit and .
📌 Director, Treasury, Finance, and Stress Testing Model Validation (Toronto)
🏢 Equitable Bank
📍 Toronto