Credit Risk Model Validation

Job description

Address: 320 S Canal Street Job Family Group: Audit, Risk & Compliance BMO is seeking an experienced professional to join the Model Risk Management Team as Manager, Credit Risk Model Validation . This role is part of the second-line governance and control function, with a primary focus on validating credit risk models such as AIRB Capital models, adjudication, and account management models. The position is primarily an individual contributor role, with opportunities for leadership. You will be responsible for performing model validation activities across different stages of the model life cycle, providing effective challenge to model developers, and communicating model risk findings to stakeholders. This role is ideal for a professional with a strong quantitative background who thrives in a collaborative environment and is committed to advancing model risk governance. Performs validation of models and assesses model risk to confirm model appropriateness and capability for a designated portfolio. Provides effective challenge during model development and communicates decisions regarding model use to the business to ensure transparency and understanding of models and model risks. Asse...