Model Risk Governance Specialist

Model Risk Governance Specialist

Location: Montreal Hybrid
Duration:5 month(s) plus extensions

Description/Comment: The Model Risk Governance Specialist is part of the RISK Independent Review & Control team (RISK IRC) and is the central point for ensuring that the bank's models meet all regulatory and internal model‑risk requirements, particularly those outlined in Client's SR 11‑7 guidance.

The role's primary deliverables include maintaining an up‑to‑date model inventory and a recommendations inventory, and driving the timely resolution of issues by coordinating closely with model validators and implementation managers. The specialist also helps to prepare regular status reports on model risk, issues, and mitigation actions to senior management. The contractor will also oversee the annual model attestation and effective‑challenge exercises with business lines to verify the completeness and accuracy of the inventory.

Position...