Model Risk Governance Specialist

Location: Montreal, QC (Hybrid - 3 days onsite)

Overview:

Seeking a Model Risk Governance Specialist to support Model Risk Management (MRM) activities within a leading global banking organization. This role focuses on model governance, regulatory compliance, model inventory management, reporting, stakeholder coordination, and policy oversight.

Key Responsibilities:

- Maintain and manage the enterprise model inventory.
- Ensure adherence to model risk management policies and regulatory requirements.
- Prepare governance reports for senior management, auditors, and regulators.
- Track and coordinate remediation of model validation findings and recommendations.
- Support annual model attestation and inventory review processes.
- Update and maintain model risk policies, standards, and procedures.
- Collaborate with model validators, business stakeholders, and implementation teams.
- Assist with operational risk and RCSA activities.





Required Qualifications:

- Bachelor's or master's degree in finance, Economics, Mathematics, Statistics, or related field.
- 3+ years of experience in Model Risk Management, Risk Governance, Model Validation, or related banking risk functions.
- Strong analytical, organizational, and stakeholder management skills.
- Excellent written and verbal communication skills.
- Advanced proficiency in Excel, PowerPoint, Word, and Outlook.
- Ability to manage multiple priorities in a quick-paced environment.

Preferred Qualifications:

- Python programming experience.
- Knowledge of AI/ML model governance or validation.
- Familiarity with banking regulations and model risk frameworks.
- Experience with model inventory systems, internal audits, and policy documentation.

📌 Model Risk Governance Specialist (Montreal)
🏢 Vertage
📍 Montreal