Model Risk Management Analyst

Ontario - Canada

Monthly Salary: $ 92310 - 124890

Posted on: 19 hours ago

Vacancies: 1 Vacancy

Job Summary

Closing Date (MM/DD/YYYY):

12/16/2025

Worker Type:

Permanent

Language(s) Required:

English

Term Duration (in months):

Salary Range (plus eligible to receive a performance based incentive applicable to position) :

$92310 - $124890

Join our Model Validation and Risk Management team as a Model Risk Management Analyst where youll validate credit risk pricing adjudication and economic models ensuring they meet regulatory business and governance standards and maintain their records in the Model Inventory. Youll also contribute to policy and standards reviews manage model governance activities throughout the model life cycle and supervise vendor teams on assigned validation projects.

What youll do:

Conduct independent validation of models used for credit risk pricing adjudication and economic forecasting
Review model design assumptions performance metrics and alignment with business requirements and strategies
Develop and execute validation test plans using Python and other analytical tools or programming languages
Prepare comprehensive validation reports and socialize findings with stakeholders ensuring clarity and actionable recommendations
Oversee and coordinate vendor teams ensuring adherence to project timelines and quality standards
Manage model governance tasks including maintaining model inventory and ensuring compliance with governance frameworks
Collaborate with model owners risk managers and governance teams to address validation findings
Ensure adherence to internal policies and standards and actively contribute to their review and revision
Stay current with regulatory requirements and industry best practices in model risk management

What were looking for:

Analytical thinker who can design and develop strategies that give users the information they need to make informed decisions
Creative thinker with research analytical and problem-solving skills
Confident communicator who can make complex information easy to understand
Relationship-builder comfortable making recommendations for improvement and socializing validation results
Ability to manage multiple projects and meet deadlines
Passion for analysis insights and storytelling

What youll need:

A bachelors degree in agriculture finance business economics mathematics statistics or computer science and at least four years of experience (or an equivalent combination of education and experience)
Proficiency in Python or other programming languages for data analysis data visualization and model testing
Strong understanding of statistical and econometric techniques
Experience with model risk policies governance frameworks and compliance management including maintaining model inventory
The following would be considered assets:
- Hands-on experience developing or validating financial models especially those related to credit risk pricing adjudication or economic forecasting
- Knowledge of regulatory guidelines (for example OSFI E-23 IFRS9 BASEL III)
- Experience with other programming languages or tools (R SAS SQL) and data visualization tools
- Familiarity with machine learning and advanced analytics validation methods

You belong here
At FCC were committed to creating an inclusive equitable and accessible workplace one that reflects the communities where we live work and play. Our team is made stronger through diversity and were dedicated to building a workforce that brings together a range of backgrounds abilities and perspectives.

We encourage qualified applicants to apply including members of these four employment equity groups:
Indigenous Peoples
Members of visible minority groups
Persons with disabilities
Women

Accessibility and accommodations

To support an inclusive and accessible candidate experience we encourage anyone needing an adjustment or accommodation during any stage of the recruitment process to email us at: . An HR partner will respond and work with applicants who request a reasonable accommodation. Information received in relation to accommodation requests will not impact hiring decisions.

Required Experience:

Closing Date (MM/DD/YYYY): 12/16/2025Worker Type:PermanentLanguage(s) Required:EnglishTerm Duration (in months):Salary Range (plus eligible to receive a performance based incentive applicable to position) :$92310 - $124890Join our Model Validation and Risk Management team as a Model Risk Management ...