Senior Business Analyst - Model Risk Management (MRM)

Date Posted: 08/25/2026 Hiring Organization: Rose International Position Number: 506232 Industry: Financial Services Job Title: Senior Business Analyst - Model Risk Management (MRM) Job Location: Mississauga, ON, Canada, L5R 0B8 Work Model: Hybrid Work Model Details: Hybrid -3 days onsite and 2 days remote Shift: Standard Working Hours Employment Type: Temporary FT/PT: Full-Time Estimated Duration (In months): 7 Min Hourly Rate($): 70.00 Max Hourly Rate($): 75.00 Must Have Skills/Attributes: Banking/Financial, Business Analysis, Governance, Model N experience, Modeling, Risk Analysis, Risk Management Experience Desired: Business Analyst experience in financial services or risk management (3+ yrs) **C2C is not available** Job Description Required Qualifications/Skills/Experience: Proven experience as a Business Analyst. Strong understanding of Model Risk Management principles, including model development, independent validation, model tiering, and ongoing monitoring in accordance with regulatory expectations. Expertise in Agile methodologies, including Scrum or Kanban. Proven ability to write clear and effective Epics, user stories, and acceptance criteria. Strong analytical and problem-solving skills, with the ability to translate complex MRM governance requirements into detailed technical platform specifications. Experience reviewing test cases and supporting quality assurance processes. Exceptional communication and interpersonal skills, with the ability to engage and manage stakeholders across model risk, technology, audit, and senior leadership levels. Preferred Qualifications/Skills/Experience Experience within Model Risk Management, model validation, or a quantitative risk function in MRM. Familiarity with SR 11-7, SS1/23, or equivalent regulatory guidance. Experience with large-scale data migration projects, including data analysis, mapping, and validation, ideally involving model inventory or risk data. Overview We are seeking a skilled Business Analyst to join the Model Risk Management (MRM) team and play a key role in the development and enhancement of a new, unified platform for the Risk organization. The Business Analyst will serve as a critical conduit between MRM business stakeholders and technology teams, translating high-level business needs into detailed, actionable requirements. The role will support a robust, scalable, and compliant platform covering model inventory management, validation lifecycle, findings tracking, approval workflows, and ongoing monitoring. The successful candidate will collaborate with model owners, model validators, business users, Product Owners, QA teams, technology partners, and senior MRM leadership to define requirements, decompose Epics into user stories, document current and future-state processes, and validate delivered solutions. The role requires a strong understanding of MRM governance and regulatory expectations, including SR 11-7 and SS1/23, as well as the ability to ensure that platform functionality supports consistent workflows across model tiers. Job Duties Collaborate with Model Risk, model owners, model validators, business users, and dependent technology teams to elicit, analyze, and document detailed business requirements aligned with MRM policies and governance standards. Work with the Product Owner to decompose high-level Epics into actionable user stories with comprehensive acceptance criteria covering model inventory management, validation lifecycle, and findings tracking workflows. Document current-state and future-state workflows for model development, independent validation, approval, and ongoing monitoring. Identify process gaps and opportunities for improvement to support a single, unified MRM workflow across all model tiers. Partner with QA to develop detailed test cases and scenarios for MRM workflows, including model submission, validation findings, and approval routing. Participate in testing to confirm that implemented solutions meet business and regulatory requirements. Serve as the communication bridge between model validators, model owners, senior MRM leadership, and technology teams, ensuring a clear and common understanding of requirements, project status, and deliverables throughout all stages. **Only those lawfully authorized to work in the designated country associated with the position will be considered.** **Please note that all Position start dates and duration are estimates and may be reduced or lengthened based upon a client’s business needs and requirements.** Benefits For information and details on employment benefits offered with this position, please visit here. Should you have any questions/concerns, please contact our HR Department via our secure website. California Pay Equity For information and details on pay equity laws in California, please visit the State of California Department of Industrial Relations' website here. Rose International is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender (expression or identity), national origin, arrest and conviction records, disability, veteran status or any other characteristic protected by law. Positions located in San Francisco and Los Angeles, California will be administered in accordance with their respective Fair Chance Ordinances. If you need assistance in completing this application, or during any phase of the application, interview, hiring, or employment process, whether due to a disability or otherwise, please contact our HR Department. Rose International has an official agreement (ID #132522), effective June 30, 2008, with the U.S. Department of Homeland Security, U.S. Citizenship and Immigration Services, Employment Verification Program (E-Verify). (Posting required by OCGA 13/10-91.).

The role involves acting as a bridge between MRM business stakeholders and technology teams to develop a unified risk platform. Key duties include documenting workflows, decomposing epics into user stories, and validating solutions for model inventory and monitoring.

Candidates need proven experience as a Business Analyst with a strong understanding of Model Risk Management principles and regulatory guidelines like SR 11-7. Proficiency in Agile methodologies and the ability to translate complex governance requirements into technical specifications are required.

• Quality assurancePreferred
• ScrumPreferred
• AgilePreferred
• Business analysisPreferred

Identified from the job description. Confirm important requirements above.

• Banking/Financial
• Business Analysis
• Governance
• Model N
• Modeling
• Risk Analysis
• Risk Management
• Agile
• Scrum
• Kanban
• User Stories
• Acceptance Criteria
• Model Risk Management
• Data Migration
• Stakeholder Management
• Quality Assurance

• Finance & Accounting
• Data & Analytics
• Technology
• Consulting
• Management & Leadership

Minimum experience

5+ years

Apply by

Sep 24, 2026

Posting language

English

Working hours

40 hours per week

Office presence

3 days per week

Seniority

Mid-Senior level