Desjardins

Senior Advisor, Model Risk Monitoring

Desjardins

full-time

Posted on:

Location Type: Hybrid

Location: Montréal • Canada

Visit company website

Explore more

✨ AI Apply
Apply

Job Level

Senior

About the role

  • Help set up and maintain the model governance framework covering the entire model life cycle
  • Contribute to the sound management of model risk throughout the model life cycle, in collaboration with the various teams involved
  • Update the annual model risk assessment and suggest improvements to the methodology as needed
  • Produce the specific analyses required for this risk
  • Maintain an inventory of models and obtain the required information from stakeholders
  • Participate in annual planning to support model governance and propose an annual plan to update the inventory
  • Document the process for updating the inventory and model risk
  • Provide business intelligence by developing dashboards that include risk appetite indicators
  • Contribute to the cross-sector process that helps operationalize model governance and resolve issues in terms of model-routing, where applicable
  • Act as superuser for the model risk governance tool
  • Follow up on the findings issued with respect to the models to assess their business impact
  • Regularly monitor model risk governance practices, drawing on your contacts in the industry and related publications

Requirements

  • Bachelor's degree in a related field
  • A minimum of six years of relevant experience
  • Knowledge of French is required
  • Intermediate knowledge of oral and written English due to the nature of the duties or work tools or because the position involves interactions with English-speaking partners, members and/or clients
  • Expertise in financial institution risk management
  • Project management expertise
  • Knowledge and understanding of regulations related to model risk management
  • Knowledge of quantitative modelling
  • Knowledge of business intelligence tools
Benefits
  • Competitive salary and annual bonus
  • 4 weeks of flexible vacation starting in the first year
  • Defined benefit pension plan that provides predictable, stable income throughout retirement
  • Group insurance including telemedicine
  • Reimbursement of health and wellness expenses and telework equipment
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
model governance frameworkmodel risk managementannual model risk assessmentquantitative modellingbusiness intelligencedashboard developmentmodel inventory managementrisk appetite indicatorsproject management
Soft Skills
collaborationcommunicationdocumentationanalytical thinkingproblem-solving