Job Description
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 ...