Model Risk Governance Specialist
- Montreal, QC, Canada
Contract
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Job details
- Job type
- Contract
- Apply by
- Experience
- 3+ years of experience in Model Risk Management, Risk Governance, Model Validation, or related banking risk functions.
- Posting language
- English
- Posted
Original job description
Model Risk Governance Specialist
Location: Montreal, QC (Hybrid - 3 days onsite)
Overview:
Seeking a Model Risk Governance Specialist to support Model Risk Management (MRM) activities within a leading global banking organization. This role focuses on model governance, regulatory compliance, model inventory management, reporting, stakeholder coordination, and policy oversight.
Key Responsibilities:
- Maintain and manage the enterprise model inventory.
- Ensure adherence to model risk management policies and regulatory requirements.
- Prepare governance reports for senior management, auditors, and regulators.
- Track and coordinate remediation of model validation findings and recommendations.
- Support annual model attestation and inventory review processes.
- Update and maintain model risk policies, standards, and procedures.
- Collaborate with model validators, business stakeholders, and implementation teams.
- Assist with operational risk and RCSA activities.
Required Qualifications:
- Bachelor's or master's degree in finance, Economics, Mathematics, Statistics, or related field.
- 3+ years of experience in Model Risk Management, Risk Governance, Model Validation, or related banking risk functions.
- Strong analytical, organizational, and stakeholder management skills.
- Excellent written and verbal communication skills.
- Advanced proficiency in Excel, PowerPoint, Word, and Outlook.
- Ability to manage multiple priorities in a fast-paced environment.
Preferred Qualifications:
- Python programming experience.
- Knowledge of AI/ML model governance or validation.
- Familiarity with banking regulations and model risk frameworks.
- Experience with model inventory systems, internal audits, and policy documentation.
More about this job
Responsibilities
Maintain the enterprise model inventory and support compliance with model risk policies and regulatory requirements. Prepare governance reports, coordinate remediation of validation findings, support annual attestation and inventory reviews, maintain policies and procedures, and collaborate with stakeholders on model risk and operational risk activities.
Requirements
A bachelor's or master's degree in finance, economics, mathematics, statistics, or a related field is required, along with at least three years of experience in model risk management, risk governance, model validation, or a related banking risk function. Candidates should have strong analytical, organizational, communication, and stakeholder management skills, advanced proficiency in Microsoft Office, and the ability to manage competing priorities; Python and AI/ML governance knowledge are preferred.
Skills
- Model Risk Management
- Model Governance
- Regulatory Compliance
- Model Inventory Management
- Governance Reporting
- Remediation Tracking
- Model Attestation
- Policy Oversight
- Stakeholder Management
- Operational Risk
- RCSA
- Excel
- PowerPoint
- Word
- Outlook
- Python
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Data & Analytics
- Management & Leadership
Keywords
- Model Risk Management
- Model Governance
- Regulatory Compliance
- Enterprise Model Inventory
- Model Validation
- Risk Governance
- Governance Reporting
- Remediation Tracking
- Model Attestation
- Risk Policies
- Risk Standards
- Risk Procedures
- Operational Risk
- RCSA
- Banking Regulations
- AI/ML Governance
- Python
- Excel
- PowerPoint
- Word
- Outlook
- Internal Audits
- Stakeholder Management
- Financial Services
- Banking