FREE ACCESS
5,000–10,000 jobs/day
See all jobs on Scoutfield
Search thousands of fresh jobs every day.
Discover
- Fresh listings
- Fast filters
- No subscription required
Create a free account and start exploring right away.
Manager, Model Validation
EQ Bank | Equitable Bank. Report to the Director, Model Risk Management and support model validation activities across the Bank.
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in model validation and risk management within the financial industry, with strong analytical skills and proficiency in programming languages such as Python and R. Capable of preparing comprehensive validation reports and effectively communicating model risk issues to stakeholders.
Highest-signal resume keywords
Model ValidationQuantitative ModelingRisk Management PrinciplesProgramming LanguagesTechnical Documentation
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Model Risk ManagementQuantitative ModelingModel Validation ProceduresStatistical AnalysisProgramming LanguagesAnalytical SkillsProject ManagementReport WritingRisk ReportingStress Testing
Soft Skills
Communication SkillsProblem-Solving SkillsOrganizational SkillsTime ManagementStakeholder Relationship Building
Tools & Technologies
PythonRSASC++C#JavaMATLAB
Industry Keywords
Financial ServicesRegulatory EnvironmentModel GovernanceCredit Risk ManagementTreasury Risk Management
Tech Stack
Tools & technologiesJavaPythonC++
About the role
Key responsibilities & impact- Report to the Director, Model Risk Management and support model validation activities across the Bank.
- Execute validation procedures and contribute to validation strategies and plans.
- Validate models used for credit and treasury risk management, including AIRB, IFRS 9 ECL, interest rate risk, liquidity risk, and ICAAP stress testing.
- Review model methodologies, assumptions, intended use, limitations, inputs, implementation, and performance.
- Conduct benchmark, outcome, sensitivity, scenario, stress-testing, implementation, and user acceptance analyses.
- Prepare model validation reports, document issues and recommendations, define model limitations and effective use ranges, and assess model risk.
- Communicate model risk issues and independent recommendations to stakeholders.
- Support model governance through metadata tracking, annual attestations, regulatory self-assessments, risk reporting, and related activities.
- Maintain knowledge of industry trends, regulatory expectations, and model risk management practices.
- Provide independent feedback to model developers and risk management groups while maintaining validation independence.
- Build stakeholder relationships, provide practical guidance, share knowledge, and escalate complex issues to the Director.
Requirements
What you’ll need- A Master’s degree or higher in Mathematics, Mathematical Finance, Statistics, Physics, Engineering, Economics, or an equivalent quantitative discipline.
- Minimum of 3 years of experience in quantitative modeling and/or model validation within the financial industry.
- Experience within financial services or another highly regulated environment strongly preferred.
- Strong understanding of model risk management and governance.
- Strong understanding of risk management principles and practices.
- Strong experience with programming languages, which may include Python, R, SAS, C++, C#, Java, and MATLAB.
- Excellent analytical and problem-solving capabilities.
- Excellent project management, time management, and organizational skills.
- Excellent technical documentation and report-writing skills.
- Excellent communication skills.
- All candidates considered for hire must successfully complete a criminal background check and credit check.
Benefits
Comp & perks- Competitive discretionary bonus
- Market leading RRSP match program
- Medical, dental, vision, life, and disability benefits
- Employee Share Purchase Plan
- Maternity/Parental top-up while you care for your little one
- Generous vacation policy and personal days
- Virtual events to connect with your fellow colleagues
- Professional development and comprehensive Career Development program
- Opportunity to join a leading FinTech and help create a new kind of banking experience