Manager, Credit Risk Model Validation
BMO — Toronto, ON, CAN
Posted 2026-10-08
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 approach