BMO Financial Group is seeking a skilled Manager of Credit Risk Model Validation. In this hybrid role in Toronto, you'll validate credit risk models and impact risk governance. In this individual contributor position, you'll drive model validation for credit risk and play a vital role in the model lifecycle from performance monitoring to validation.

Your expertise in stress testing and loss forecasting, alongside stakeholder engagement, will be key. You will also be involved in influencing decision-making and implementing creative model risk practices. Key Responsibilities:
Perform validation of credit risk models and estimation approaches
Manage relationships with model developers and stakeholders
Lead validation framework and methodologies enhancements




Identify and document model risks and corrective actions
Conduct research on regulatory requirements and industry practices

Requirements:
MSc or PhD in quantitative fields (e.g., statistics, data science)
Minimum 4 years of model validation experience in credit risk
Proficiency in Python, R, SQL or Oracle for data handling
Experience with Big Data tools and cloud platforms is a plus
Robust communication skills to explain technical concepts

Leverage your expertise in credit risk model validation and contribute to strategic risk management at BMO.

📌 Credit Risk Model Validation Manager Bmo Toronto
🏢 BMO
📍 Toronto