An Initial AI Screening will be conducted for this role. Please Click Here to complete your AI screening while submitting your application.
Key Responsibilities:
- Coordinate responses to regulatory surveys and data requests on models, gathering input across model owners, Model Risk and Finance.
- Maintain the stress testing model inventory: owners, versions, data sources, dependencies, approved uses, limitations, and review and monitoring dates.
- Collect, review and maintain model documentation to internal standards and regulatory expectations.
- Run model change management: track changes, coordinate approvals and keep documentation and the inventory current.
- Partner with Model Risk Management and Model Validation on reviews, findings and remediation tracking.
- Support E-23 readiness, including model risk ratings, lifecycle controls and governance reporting.
- Prepare governance materials and status reporting for senior management.
Must-haves:
- 5+ years in banking risk or finance, including 3+ years in model risk management, model governance or model control.
- Working knowledge of stress testing, ICAAP, CCAR or capital models and how they are used.
- Familiarity with model risk regulation, such as OSFI E-23 or the US Fed's SR 11-7.
- Strong documentation, organization and stakeholder coordination skills.
- Able to manage multiple regulatory requests and deadlines at once.
- Bachelor's degree in Finance, Economics, Mathematics or a related field.
Nice-to-have:
- Experience with model inventory or governance tools.
- Background in model validation or model development.
- FRM, CFA, CPA or a similar designation.
FP Inc. is committed to creating an inclusive environment where all team members and clients feel like they belong. In accordance with the requirements set out in the Employment Standards Act, FP Inc. hereby declares that AI is utilized in the screening process for this position. The yearly compensation range for this role is $100k - $120k. We seek applicants with a wide range of abilities, and we provide an accessible candidate experience. We advocate for you and welcome anyone regardless of race, colour, religion, national origin, sex, physical or mental disability, or age.
