Reporting to the Senior Manager, Risk Management, the Senior Analyst, Model Validation and Governance is a key contributor to the delivery ofThe Canadian Depository for Securities Limited (CDS)andThe Canadian Derivatives Clearing Corporation (CDCC)strategic project initiatives, providing model validation and policy management skills to ensure risk management initiatives are in compliance with CPSS-IOSCO Principles for Financial Market Infrastructure (PFMI’s) and internal policies/procedures.This role is hybrid (2-3 days/week in the office) and we are open to candidates being located in one of our Canadian office locations: Toronto or Montreal.Key Accountabilities:Perform detailed quantitative and technical review of models, including research on appropriate statistical and mathematical technical tests to analyze various aspects of model design and performanceResponsible for the review of all necessary documentation, ensuring accuracy and completeness, allowing for an independent third-party review of the validation work performedProvide comprehensive reports summarizing findings and recommendations to senior management and risk committeesManage relationships with key stakeholders as identified for each submission of validation requestsSupport the team in developing and maintaining a consistent validation process for models and other components used to manage financial risksParticipate in the design of policies related to market, credit,



and liquidity risks. Take responsibility for reporting all status and risk issues, collecting decisions, performing change analysis, and updating documents.Stay informed about international standards and industry best practices, identify emerging innovations and trends, and provide actionable recommendations.Must haves:Degree in fields such as Mathematics, Statistics, Econometrics, Physics, Computer Science, Financial Mathematics, and Financial Engineering. Master or above preferred3-5 years of previous work experience in capital markets, pricing model theory (equity, fixed income, derivatives and structured products), liquidity/counterparty/market risk modellingExceptional communication (particularly in writing) and presentation skills with experience in preparing policy and process documentationStrong time management and organization abilities in a high-pressure environmentNice to haves:Technology and information system skills, e.G. Matlab, Python.Working towards industry certifications: CFA, FRM (Financial Risk Manager from GARP) or/and PRM (Skilled Risk Manager from PRMIA)Salary Range:85,000/year - 95,000/year CADPlease note that the salary range included is a guideline only. The salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.#J-18808-Ljbffr

📌 Senior Analyst, Model Validation And Governance - C$85,000 - C$95,000 A Year (Winnipeg)
🏢 The Canadian Depository for Securities
📍 Winnipeg