Manager, Model Validation

Employment Type

Full-Time Permanent / Contract

Location

Toronto Downtown Office

Responsibilities

• Conduct independent validation of models, including AML risk, climate risk, credit risk, market risk, liquidity risk and forecasting models;
• Review conceptual soundness, theoretical foundations, data inputs, assumptions, and methodology;
• Perform backtesting, benchmarking, and sensitivity analyses to assess model performance and stability.

Compliance & Governance

• Ensure models comply with internal governance policies, OSFI/Basel regulatory standards, and other applicable frameworks;
• Document validation processes, methodologies, and findings in comprehensive validation reports;
• Track remediation of validation issues and follow up with model owners.

Stakeholder Engagement

• Collaborate with model developers, risk managers, and business ...