Become a pivotal part of BMO's Model Risk Management Team as a Model Risk Manager for Credit. Based in Toronto, this hybrid role emphasizes credit model validation within risk governance. In this key individual contributor role, you will validate credit risk models, including climate risk assessments and stress testing protocols.
You'll engage with stakeholders and guide best practices, actively managing model performance and regulatory challenges. Collaborate with developers and ensure transparent model usage across business units. Key Responsibilities:
Validate credit risk models and estimation techniques for accuracy
Build relationships with model users and developers
Lead initiatives for regulatory compliance and risk governance
Identify and mitigate inherent model risks through detailed assessments
Conduct ongoing research on emerging trends in risk management Requirements:
MSc or PhD in quantitative disciplines (e.g., statistics or engineering)
At least 4 years of experience in credit risk model validation
Expertise in programming (Python preferred) and relational databases
Experience with Big Data analytics and cloud solutions is beneficial
Solid ability to communicate complex information simply Utilize your expertise to drive impactful changes in credit risk modeling at BMO.
📌 Bmo Model Risk Manager – Credit Focus Toronto
🏢 BMO
📍 Toronto
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