Find work in Canada.

336,820 jobs across our Canadian network. How we count

Jobs in Canada

25+ jobs

Email me new jobs Save this search

Added 5 mins ago
Manager, Export Liner / Gestionnaire, commerce service maritime d'exportation
MSC Mediterranean Shipping Company SA
Montreal, QC
The Line Manager - Exports is responsible for the commercial performance, profitability, and strategic growth of assigned export trade(s) from Canada. This role owns the development and…
Added 5 mins ago
R
Relationship Manager Business Markets Intern
RBC
Bathurst, NB
- Full-time
Completion of the RBC Banking Advisor training program, or the Associate Account Manager training program, or previous experience as a small business owner, or in a similar position at…
Added 5 mins ago
MS
Manager, Export Liner
MEDITERRANEAN SHIP.INC.
Mississauga, ON
- $75,000 to $84,000 CAD / year
- Full-time
The Line Manager - Exports is responsible for the commercial performance, profitability, and strategic growth of assigned export trade(s) from Canada. This role owns the development and…
Added 5 mins ago
T
Personal Banking Associate Trainee
TD
Calgary, AB
- Full-time
…within the Assigned District. Upon completion of the training program, we intend to assign you to a position which will be compatible with your training. The timing of this posting will be…
Added 5 mins ago
T
Senior Manager, Operational Resiliency Advisor
TD
Toronto, ON
- Full-time
…Resilience Advisor will act as the key voice of the resilience program while providing value-added support to effectively and efficiently support, measure, manage, and report on the state…
Added 5 mins ago
MU
Associate Director Operations and Systems
McGill University
Brown Student Serv.
- Full-time
…information and documentation. They offer an Entrance Bursary Program, Entrance Scholarships, an In-Course Financial Aid Program (loans and bursaries) and a Work Study Program based on…
Added 5 mins ago
WH
Night Audit Supervisor
Westmont Hospitality Group
Whistler, BC
- $24 to $28.42 CAD / hour
- Full-time
Life & Leisure Program – Incentive paid out every day that you work!
Added 5 mins ago
CF
Manager, Finance (Wealth)
CI Financial
Toronto, ON
- Full-time
…calculations. The role offers significant visibility across Finance, Corporate Development, HR, and Operations, providing an excellent opportunity to broaden your experience and accelerate…
Added 5 mins ago
CT
Financial Analyst, Margin Retail Accounting
Canadian Tire Corporation
Toronto, ON
- Full-time
Reporting to the Manager, Margin Accounting, this role provides unique insight into Canadian Tire’s retail banners, key business initiatives and financial results. As part of a dynamic…
Added 5 mins ago
AW
Senior Manager, Agency Portfolio
Arterra Wines Canada
Mississauga, ON
- Full-time
The Senior Portfolio Manager -Agency Brands will lead a portfolio of Agency Import wine brands, adapting global brand strategies for Canadian execution and driving go to market strategies…
Added 19 mins ago
AC
Senior Manager Global Internal Audit and Internal Controls
Alimentation Couche-Tard
Laval, QC
- Internship
Coordinate annual ICOFR scoping, planning, and risk assessment activities, and support program governance.
Added 19 mins ago
SR
restaurant manager
Sushi Royal Tokyo
Kamloops, BC
- Full-time
College, CEGEP or other non-university certificate or diploma from a program of 1 year to 2 years
Added 19 mins ago
SF
Senior Manager, Marketing- (18 Month Secondment/Contract)- Simplii Financial
Simplii Financial
Toronto, ON
- Full-time
…business growth and deepens client relationships. As Senior Manager, Simplii Marketing, you'll lead the planning and execution of marketing communications and campaigns across channels,…
Added 19 mins ago
PH
General Manager
Prestige Hotels & Resorts
Kamloops, BC
- Full-time
Reporting to the Chief Operating Officer, the General Manager is responsible for effectively managing and overseeing all aspects of the hotel operations including financial performance,…
Added 19 mins ago
TI
Data Scientist
TekStaff IT Solutions
Toronto, ON
- Contract
Reporting to the Senior Advanced Analytics Manager, the Data Scientist will be conducting all analytical activities related to FCRM transaction monitoring systems.
Added 19 mins ago
CO
Facilities Specialist
Christie Ossington Neighbourhood Centre
Toronto, ON
- Full-time
Reporting to the Facilities Manager, the Facilities Specialist provides technical, project, and operational support for the maintenance, improvement, and long-term sustainability of…
Added 19 mins ago
RR
Human Resources Manager
Red Road Recovery
Salmon Arm, BC
- Full-time
The Human Resources Manager is an experienced individual contributor responsible for executing all end-to-end operational and administrative HR functions across Red Road Recovery's multiple…
Added 19 mins ago
O
Chief Compliance Officer
Objectway
Toronto, ON
- Full-time
Nest Wealth Asset Management is a regulated Portfolio Manager and Canada’s first robo -adviser established in 2014 . Our business is focused on personalization, cost-effectiveness and…
Added 19 mins ago
BC
Client Service Associate - Real Estate Insurance
BFL CANADA
Toronto, ON
- Full-time
…dental coverage, telemedicine, employee and family assistance program, and retirement and savings…
Added 19 mins ago
CF
Manager, Finance (Wealth)
CI Financial
Toronto, ON
- Full-time
As part of CI’s Canadian Wealth division, the Manager, Finance (Wealth) role is ideal for a high-performing finance professional who wants to build on a strong financial reporting…
Added 19 mins ago
C
Project Control Officer
CGI
Vancouver, BC
- Full-time
…global best in class talent! Benefits include a share purchase program, profit sharing, wellness credits, training and development programs, and flexible work schedules and…
Added 21 mins ago
Financial Consultant - Ottawa
Scotiabank
Ottawa, ON
…internal policies and procedures. Reporting to the Regional Manager, as a Financial Consultant, you will assist MD clients and their families in achieving their personal financial goals.…
Added 21 mins ago
E
Senior Analyst, Finance Systems
Extendicare
Markham, ON · Extendicare (Canada) Inc (Steeles Ave.)
- Full-time
Reporting to the Senior Manager – Finance Systems, the Senior Analyst – Finance Systems will be responsible for assisting with Workday financial system configuration, reporting and…
Added 21 mins ago
Corporate Accountant | Great West
The Canada Life Assurance Company
Winnipeg, MB · London, ON · Toronto, ON
You will join the External Reporting team within Finance, reporting to the manager, Financial Reporting and aligned under the Global CFO organization. The team is responsible for preparing…
Added 21 mins ago
NC
Property Services Administrator
Neighbours Community Homes
Toronto, ON
- Full-time
Receive all incoming invoices, print, date stamp and distribute to the appropriate Coordinator / Manager.

BMO

Manager, Credit Risk Model Validation

Toronto, ON, Canada
FCP, Canada

$70,000.00 - $150,000.00 · Full-time

Apply About employer

Applications open in a new tab.

Job details

Pay: $70,000.00 - $150,000.00
Job type: Full-time
Apply by: Nov 2, 2026
Experience: A minimum of 4 years of experience in model validation and/or development within a financial institution, particularly in the credit risk area.
Posting language: English
Posted: Oct 8, 2026

Original job description

Application Deadline:

11/01/2026

Address:

100 King Street West

Job Family Group:

Audit, Risk & Compliance

Seeking a skilled and experienced professional to join our Model Risk Management Team as a Manager, Model Risk, Credit Risk. As a manager in our second line of defense risk management, governance, and control function, you will play a pivotal role in the validation of credit risk models, such as Allowance (IFRS 9 /CECL/loss forecasting) models, Stress Testing (CCAR/EWST), Climate Risk models and other initiatives. Other activities related to the model lifecycle such as model performance monitoring, annual reviews, assessment of overlay quantification are also part of the validation responsibilities. Experience in other credit risk families, such as credit adjudication and account management models, is also relevant. This is an individual contributor role.

Note- We welcome applications from Senior Analyst candidates with fewer years of experience, provided they have a strong technical background and experience that is closely aligned with the role

Key Role Responsibilities:

Model Risk Review and Effective Challenge: You perform the validation of models, other estimation approaches and critical tool calculators and assess the model risk to confirm model appropriateness and capability for a designated portfolio. You are responsible for providing effective challenge to the credit risk models during model development and communicating decisions regarding model use to the business to ensure transparency and understanding of models and model risks. You assess the models’ capabilities, stress points and limitations; you assess the associated model risk and the controls in place to mitigate identified risks.
Stakeholder Engagement: Effective communication is crucial in this role. You will manage relationships with model developers, owners, and users, influencing and advising on model risk-related matters. Your ability to explain complex technical concepts in everyday language will set you apart.
Change Management: BMO is at the forefront of innovation in model risk management. You will be part of the team that drives change by embracing new technology platforms, tools, and operating models.
Regulatory Expertise: Acts as a subject matter expert on relevant regulations and policies. May network with industry contacts to gain competitive insights and best practices. Interprets new regulations and assesses impacts to the program / portfolio validation framework.
Risk Understanding: You will need to connect the dots between technical issues and business considerations.

Serve as a trusted advisor to business partners, influencing stakeholders and supporting strategic planning and decision-making.
Lead the development, execution, and enhancement of the model validation framework, methodologies, and validation strategies.
Independently validate models, assumptions, data, methodologies, benchmarks, and supporting documentation to assess model effectiveness and compliance.
Identify, quantify, document, and escalate model risks, deficiencies, and required corrective actions while monitoring remediation efforts.
Research emerging trends, regulatory requirements, and industry best practices to strengthen model risk management and governance.
Provide expert consulting and technical guidance on model validation, risk management, and framework implementation.
Lead validation-related initiatives, change management activities, process improvements, and operational programs across the portfolio.
Represent the model validation function during internal audits, regulatory examinations, and stakeholder reviews.
Develop, monitor, and report on model validation portfolio performance, model inventory, attestations, and governance outcomes.
Build and maintain strong stakeholder relationships, ensuring alignment, effective communication, and successful delivery of strategic objectives.

Qualifications:

A MSc or PhD in quantitative fields such as statistics, applied mathematics, financial mathematics, data science, actuarial sciences, electrical engineering, or related fields.
A minimum of 4 years of experience in model validation and/or development within a financial institution, particularly in the credit risk area.
Certifications: While qualifications like CFA are helpful, they are not mandatory.
Experience in credit risk models, including Stress Testing & loss forecasting, AIRB and Adjudication/Account Management.
Proficiency in a programming language such as Python, R, and SAS (Python is preferred).
Proficiency in working with relational databases – SQL or Oracle.
Working with Big data tools and Cloud platforms (AWS/Azure) is a plus.
A can-do attitude and a research, deep-dive mindset.

Our team values flexibility, collaboration and in-person engagement. This position is located in Toronto and offers flexibility with a hybrid work arrangement, where the successful candidate will spend at least 3 days per week on-site.

Salary:

$70,000.00 - $150,000.00

Pay Type:

Salaried

The above represents BMO Financial Group’s pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group’s expected target for the first year in this position.

BMO Financial Group’s total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

About Us

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.

To find out more visit us at https://jobs.bmo.com/ca/en.

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.

Apply About employer

More about this job

Responsibilities

The manager will lead the validation of credit risk models, including stress testing and climate risk initiatives, while providing effective challenge to model development. They will also manage stakeholder relationships, ensure regulatory compliance, and drive improvements in the model validation framework.

Requirements

Candidates must hold a MSc or PhD in a quantitative field and possess at least 4 years of experience in model validation or development within a financial institution. Proficiency in programming languages like Python, R, or SAS and experience with relational databases are required.

Skills

Credit risk modeling
Model validation
IFRS 9
CECL
Stress testing
Climate risk
Python
R
SAS
SQL
Oracle
Risk management
Data analysis
Regulatory compliance
Stakeholder engagement
Financial modeling

Benefits

Health insurance
Tuition reimbursement
Accident insurance
Life insurance
Retirement savings plans
Performance-based incentives
Discretionary bonuses

Visa sponsorship

Not detected in the job text

Keywords

Credit Risk
Model Validation
IFRS 9
CECL
Stress Testing
CCAR
Climate Risk
Python
R
SAS
SQL
Oracle
AWS
Azure
Risk Management
Governance
Quantitative Analysis
Data Science
Actuarial Science
Financial Mathematics
Model Lifecycle
Regulatory Compliance
Change Management
AIRB
Big Data

Report this job