Model Risk Governance Specialist

Location: Montreal, QC (Hybrid - 3 days onsite)

Overview:

Seeking a Model Risk Governance Specialist to support Model Risk Management (MRM) activities within a leading global banking organization. This role focuses on model governance, regulatory compliance, model inventory management, reporting, stakeholder coordination, and policy oversight.

Key Responsibilities:

• Maintain and manage the enterprise model inventory.
• Ensure adherence to model risk management policies and regulatory requirements.
• Prepare governance reports for senior management, auditors, and regulators.
• Track and coordinate remediation of model validation findings and recommendations.
• Support annual model attestation and inventory review processes.
• Update and maintain model risk policies, standards, and procedures.
• Collaborate with model validators, business stakeholders, and implementation teams.
• Assist with operational risk and RCSA activities.

Required Qualifications:

• Bachelor's or master's degree in finance, Economics, Mathematics, Statistics, or related field.
• 3+ years of experience in Model Risk Management, Risk Governance, Model Validation, or related banking risk functions.
• Strong analytical, organizational, and stakeholder management skills.
• Excellent written and verbal communication skills.
• Advanced proficiency in Excel, PowerPoint, Word, and Outlook.
• Ability to manage multiple priorities in a fast-paced environment.

Preferred Qualifications:

• Python programming experience.
• Knowledge of AI/ML model governance or validation.
• Familiarity with banking regulations and model risk frameworks.
• Experience with model inventory systems, internal audits, and policy documentation.