Senior Analyst, Quantitative Model Validation – Model Vetting

TMX Group

Senior Analyst validating quantitative models and non-models for risk assessment at TMX Group. Collaborating on risk management projects while ensuring compliance with regulatory standards.

Posted 5/28/2026full-timeToronto • 🇨🇦 CanadaSenior💰 CA$100,000 - CA$130,000 per yearWebsite

Tech Stack

Tools & technologies

PythonSQLTableauVBA

About the role

Key responsibilities & impact

Perform quantitative and qualitative validation of models and non-models developed to assess and analyze market, credit, liquidity, and financial risks
Validate the soundness of TMX Group subsidiaries’ risk models
Provide expertise and advice regarding advanced modelling techniques
Ensure that model methodology and implementation meet regulatory requirements and internal policies
Assess model and non-model soundness and risk from technical and functional perspectives
Build financial, risk, pricing, econometric, and forecasting models
Make rigorous and balanced decisions on complex issues
Participate in projects to identify key model risks and controls
Carry out the validation of Post Trade’s new risk system-related models and non-models
Prepare validation reports and presentations for regulators and executive risk committees
Coordinate work plans and collaborate with internal stakeholders

Requirements

What you’ll need

Master’s degree in Finance, Statistics, Mathematics, Economics, or other quantitative fields
2+ years of relevant experience in researching, developing, and implementing quantitative models
Advanced knowledge of programming tools such as Python and/or Matlab
Knowledge of SQL, VBA, Power BI, or Tableau is a plus.
Knowledge of regulatory requirements such as PFMI, OSFI, or EMIR Guidelines is a plus.
Experience in the technology and financial services industry is a plus.

Benefits

Comp & perks

Wellness programs
Flexible work arrangements
Generous time-off and leaves

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

quantitative modelsqualitative validationfinancial modelsrisk modelspricing modelseconometric modelsforecasting modelsprogramming (Python)programming (Matlab)SQL

Soft Skills

expertiseadvicedecision makingcollaborationcommunication

Certifications

Master’s degree in FinanceMaster’s degree in StatisticsMaster’s degree in MathematicsMaster’s degree in Economics