Senior Manager, Model Validation
Core
Senior Manager leading model validation activities, developing validation strategies, and ensuring model risk is managed in accordance with the Bank's Model Risk Management Framework and regulatory requirements.
Role type
Senior Manager, Model Validation
Builds
Independent validation reports and strategies for credit, treasury, interest rate, liquidity, and stress testing models.
Domain
Banking / Financial Services / Model Risk Management
Deliverable
production ML models | dashboards & analysis
Required skills
Model validation strategy development, quantitative modeling, statistical analysis, risk management principles, regulatory compliance, programming (Python, R, SAS, C++, C#, Java, MATLAB), technical documentation, stakeholder communication, project management
Preferred skills
Experience in highly regulated environments, knowledge of AIRB and IFRS 9 ECL models, ability to supervise junior validators
Technologies
Python, R, SAS, C++, C#, Java, MATLAB
Responsibilities
Develop model validation strategies and maintain validation plans; Assess model framework appropriateness, assumptions, data, and implementation; Conduct model testing including sensitivity, scenario, and stress testing; Produce validation reports identifying limitations and model risk levels; Communicate model risk issues and recommendations to stakeholders; Support model governance activities including metadata tracking and risk reporting.
Seniority
Senior Manager, hands-on IC with leadership responsibilities