Senior Manager - Credit Risk Model Validation

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BMO is seeking an experienced professional to join the Model Risk Management Team as Senior Manager, Credit Risk Model Validation
. This role is part of the second-line governance and control function, with a primary focus on validating AIRB Capital models. The successful candidate may also support validation of other credit risk models, such as those used for adjudication and account management.

The position combines leadership and technical expertise. You will lead validation projects, provide effective challenge to model developers, and communicate model risk findings to stakeholders. You will also manage and mentor team members, helping to build a strong and inclusive team culture.

Key responsibilities include:

This role is ideal for a seasoned professional with deep Quantitative background who thrives in a collaborative environment and is committed to advancing model risk governance.

Additional

Qualification:

Proficiency in Python and SAS is required; experience with other statistical software such as R is considered beneficial.

Leads independent validation activities across the entire model lifecycle, ensuring models are conceptually sound, statistically robust, and fit for their intended purpose within the credit portfolio. Provides critical oversight and constructive challenge during model development and clearly communicates validation outcomes and model risk considerations to business stakeholders to promote transparency and informed decision-making.

Qualifications: