Find work in Canada.

614,623 jobs across our Canadian network. How we count

Jobs in Canada

25+ jobs

Email me new jobs Save this search

Added 8 mins ago
A-
Senior Project Manager
AMA - Alberta Motor Association
Edmonton, AB · Administration Centre
- Full-time
You’re a seasoned construction or facilities Project Manager who knows how to deliver capital projects safely, on budget, and to specification. You bring hands-on experience managing…
Added 8 mins ago
M
Senior Manager, Operational Resilience
Manulife
Toronto, ON · Waterloo, ON · Montreal, QC · Halifax, NS
- Full-time
Reporting into the Director, Operational Resilience, the Senior Manager, Operational Resilience is a key member of the global Operational Risk & Resilience Management (ORRM) 2nd line of…
Added 8 mins ago
Operations Manager, Scotia iTRADE - Toronto, ON
Scotiabank
Toronto, ON
The Manager, Operations will manage and oversee operations and support staff in one or more of the various functional areas including: Client Onboarding, Brokerage Transfer-ins, Cash…
Added 8 mins ago
Senior Delivery Manager
Scotiabank
Toronto, ON
The Senior Delivery Manager, Enterprise Delivery Office supports Director-level leadership in the end-to-end management of projects within the Enterprise Delivery Office (EDO). This role is…
Added 8 mins ago
S
Senior Project Manager
Sidetrade
Remote, Canada
- Full-time
- Remote
As a Senior Project Manager, you run enterprise Order-to-Cash implementations from contract signature to go-live and into run. You own the plan, the coordination and the project governance.…
Added 8 mins ago
Technical Product Manager
Charger Logistics Inc
Brampton, ON
We are seeking an experienced Technical Product Manager to drive business process improvement, product development, and AI-enabled automation initiatives. This role will bridge business…
Added 8 mins ago
K
Senior Customer Success Manager
KORE
Canada
- $93,772 to $118,738 CAD / year
The Strategic Customer Success Manager is responsible for the customer journey, building loyalty, and developing close, long-term client relationships with our strategic customers. In this…
Added 8 mins ago
Senior Manager, Health, Safety and Environment (HSE), Saskatchewan
Bell
Regina, SK
…project delivery. We are seeking a strategic and experienced Senior Manager, Health, Safety & Environment (HSE), Capital Programs to lead the development, implementation, and continuous…
Added 8 mins ago
BO
Senior Supervisor, Cyber Risk Supervision
Bank of Canada
Toronto, ON · Greater Toronto Area, Canada
- Temporary
As a Senior Supervisor in the Risk Supervision team, you will play a crucial role in shaping the Bank’s retail payments supervisory framework in a fast-paced and dynamic environment. Being…
Added 8 mins ago
BO
Senior Accounting Analyst
Bank of Canada
Ottawa, ON
- Full-time
Working under the general direction of a Senior Manager in Accounting Operations, you will serve as a senior subject-matter resource with a broad understanding of how activities across the…
Added 8 mins ago
K
FULLSTACK ENGINEER
Kablamo
Toronto, ON
- Full-time
Identify emerging threats early, notify the Risk Manager along with Executive Leaders, and refine company-wide security protocols continuously.
Added 9 mins ago
KI
Senior Project Manager, Engineering
Kruger Inc.
Montreal, QC
- Full-time
The Senior Project Manager, Engineering supports the Project Director in the delivery of large-scale capital projects, typically ranging in value from $100M to $1B. The incumbent…
Added 9 mins ago
OL
Support Services Manager
Optima Living
Surrey, BC
- Full-time
…personal mission has grown into one of Western Canada’s leading senior living and continuing care…
Added 9 mins ago
CL
Manager of Corporate Finance- Investor Relations
Charger Logistics Inc.
Brampton, ON
- Full-time
We are seeking a detail-oriented and highly organized professional to join our Finance team as a Manager of Corporate Finance- Investor Relations
Added 9 mins ago
S
AB Central Kitchen - Maint - Senior Technician Maintenance - Part-Time
Sobeys
Rocky View No 44, AB · Rocky View County, AB
- Part-time
Food processing equipment with proper GMPs, and minimize any risk for product cross contamination
Added 9 mins ago
M
Assistant General Manager - Vancouver Flagship
MEC
Vancouver, BC
- $65,000 to $81,100 CAD / year
- Full-time
Support recruitment and onboarding of Senior Store Team members alongside the General Manager
Added 9 mins ago
AI
Senior Accountant
Alberta iGaming Corporation (AiGC)
AB · Greater Edmonton Metropolitan Area
- Full-time
The Alberta iGaming Corporation (AiGC) is seeking an experienced and detail-oriented Senior Accountant to join its Finance team. Reporting to the Senior Manager, Corporate Accounting,…
Added 22 mins ago
P
EHS Specialist
PPG
Cambridge, ON
- Full-time
…environmental, health, and safety laws and regulations to minimize all risk. You will report to the Senior EHS Manager, Coating…
Added 22 mins ago
B
Senior Analyst, Credit Risk Model Validation
BMO
Toronto, ON · FCP
- Full-time
Seeking a skilled and experienced professional to join our Model Risk Management Team as a Senior Analyst, Model Risk, Credit Risk. As a senior analyst in our second line of defense risk…
Added 37 mins ago
PR
Senior Manager, Replenishment Planning
Pernod Ricard
Windsor, ON
- Full-time
…co-packer alignment, order governance, inventory strategy, capacity-risk management, and supply continuity. The position leads three Domestic Replenishment Planners and represents domestic…
Added 37 mins ago
T
Financial Crime Risk Specialist (5440)
TD
Toronto, ON
- Full-time
The Financial Crime Risk Specialist, Financial Crime Risk Management (FCRM) Reporting and Strategic Insights, Canada is responsible for leading strategic initiatives, process improvement,…
Added 37 mins ago
Technology Project Manager
Vacances Air Canada Vacations / Air Canada Rouge
Mississauga, ON · Montreal, QC
The IT Project Manager operates with a high degree of autonomy, exercises expert judgment, and influences decision‑making at all organizational levels. The role requires advanced technical…
Added 37 mins ago
A
Intermediate Environmental Field Technician
Arcadis
Halifax, NS
- Full-time
…Fredericton, New Brunswick Canada. Reporting to the Atlantic Regional Manager, the successful candidate will work in a collaborative environment with ample opportunities for career…
Added 37 mins ago
K
Cybersecurity Incident Coordinator
KPMG
AB · Winnipeg, MB · Saint John, NB · Fredericton, NB · Moncton, NB · Sudbury, ON · Hamilton, ON · Kingston, ON · Sault Ste. Marie, ON · North Bay, ON · London, ON · Toronto, ON · Windsor, ON · Ottawa, ON · Oakville, ON · Kitchener, ON · Waterloo, ON · Montreal, QC · Brossard, QC · Joliette, QC · Quebec, QC · Boisbriand, QC · Regina, SK · Saskatoon, SK · Langley (District), BC · Prince George, BC · Victoria, BC · Chilliwack, BC · Abbotsford, BC · Vernon, BC · Kamloops, BC · Vancouver, BC · Kelowna, BC · Halifax, NS · St. John's, NL · Calgary, AB · Lethbridge, AB · ON · Vaughan, Ontario · Edmonton, Alberta · Kanata, Ontario · Langley, British Columbia
- Full-time
As a key member of KPMG Canada Digital Security Group and reporting to the Senior Manager of the CISO office and Director of Security Operations, this role will support the DSG team by…
Added 37 mins ago
WC
Finance Manager, Investments
Westerkirk Capital
Victoria, BC
- $120,000 to $150,000 CAD / year
- Full-time
…professionals and owning a complex, multi-entity close at Controller, Senior Finance Manager or equivalent…

BMO

Senior Analyst, Credit Risk Model Validation

Toronto, ON, Canada
FCP, Canada

$55,500.00 - $120,000.00 · Full-time

Apply About employer

Applications open in a new tab.

Job details

Pay: $55,500.00 - $120,000.00
Job type: Full-time
Apply by: Nov 9, 2026
Experience: Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Posting language: English
Posted: Nov 6, 2026

Original job description

Application Deadline:

11/08/2026

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 Senior Analyst, Model Risk, Credit Risk. As a senior analyst 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), operational risk, 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.

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.

What we are looking for;

A MSc or PhD in quantitative fields such as statistics, applied mathematics, financial mathematics, data science, actuarial sciences, electrical engineering, or related fields.
Experience in model validation and/or development within a financial institution, particularly in the credit risk area, is a plus.
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 is a plus.
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 and the other days remote.

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. Assesses model’s capabilities, stress points and limitations; assesses the associated model risk and the controls in place to mitigate identified risks.

Shares technical knowledge of models and validation strategies with team members and stakeholders.
Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders.
Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
Troubleshoots model validation issues with team members and stakeholders.
Leads or assists with the maintenance, monitoring, measurement & reporting on the status of the model validation portfolio / program to various internal & external stakeholder audiences.
Supports the development and promotion of a business/group program for model validation.
Develops validation strategies and plans to ensure appropriate type and level of vetting of models is carried out.
Independently validates / tests models and their associated assumptions, benchmarks, and supporting documentation against model vesting process, standards, guidelines and principles; assesses the data for model development as well as inputs to the model; compares validation results with model developer results for replicability.
Identifies deficiencies, conditions for model use, recommends changes, and escalates as required; quantifies model risks, documents outcomes and communicates with stakeholders.
Identifies where corrective actions are required and escalates per guidelines; monitors and ensures corrective action is taken.
Provides technical advice and guidance to assigned business/group on implementation of the model vetting framework, and resolution of model risk issues.
Develops and maintains in-depth knowledge of business and related risk management requirements and legislative/ regulatory directives and guidance.
Builds effective relationships with internal/external stakeholders.
Ensures alignment between stakeholders.
Monitors and tracks performance; addresses any issues.
Coordinates and monitors the review and sign-off of model validation reporting including model inventory and model inventory attestations.
Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
Exercises judgment to identify, diagnose, and solve problems within given rules.
Works independently on a range of complex tasks, which may include unique situations.
Broader work or accountabilities may be assigned as needed.
Qualifications:
Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Knowledge and understanding of the model life cycle, model risk management practices.
In-depth knowledge & experience with risk policy frameworks; quality control / testing frameworks.
Technical proficiency gained through education and/or business experience.
Verbal & written communication skills - In-depth.
Collaboration & team skills - In-depth.
Analytical and problem solving skills - In-depth.
Influence skills - In-depth.
Data driven decision making - In-depth.

Salary:

$55,500.00 - $120,000.00

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 Senior Analyst is responsible for validating credit risk models, including stress testing and loss forecasting, to ensure appropriateness and capability for designated portfolios. They provide effective challenge during model development and communicate model risks and limitations to stakeholders to ensure transparency.

Requirements

Candidates must possess a MSc or PhD in a quantitative field and have 4-6 years of relevant 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
Python
R
SAS
SQL
Oracle
Stress testing
Loss forecasting
Data science
Financial mathematics
Regulatory compliance
Risk management
Model lifecycle management
Stakeholder engagement
Analytical skills

Benefits

Health insurance
Tuition reimbursement
Accident and 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
CCAR
EWST
Operational Risk
Climate Risk
Python
R
SAS
SQL
Oracle
AWS
Azure
Big Data
Model Risk Management
Quantitative Analysis
Statistics
Applied Mathematics
Financial Mathematics
Data Science
Actuarial Sciences
Electrical Engineering
AIRB
Risk Policy
Quality Control
Regulatory Frameworks
Model Lifecycle
Governance

Report this job