BMO Financial Group seeks a Manager for Credit Risk Model Validation to enhance risk management and governance. This pivotal role involves validating credit risk models, including IFRS 9/CECL and Stress Testing while guiding strategic project initiatives. As a critical member of BMO's Model Risk Management Team, you will play an key role in the assessment and validation of models and methodologies.

You will engage stakeholders effectively, applying your expertise in model performance monitoring and addressing regulatory requirements. This individual contributor role emphasizes robust analytical skills and effective communication. Key Responsibilities:
Validate credit risk models and estimation techniques
Engage with model developers, owners, and users




Embrace cutting-edge tools and technology for change
Assess regulatory impacts on validation frameworks
Identify and document model risks and required corrections Requirements:
MSc or PhD in quantitative fields
Minimum 4 years in financial model validation
Experience with credit risk and related models
Proficiency in Python, R, or SAS
Knowledge of SQL or relational databases Contribute to the advancement of BMO’s model validation strategies and ensure risk management effectiveness.

📌 Credit Risk Model Validation Manager Toronto (Canada)
🏢 BMO U.S.
📍 Canada