Model Governance

Job summary

Support the Model Risk Management governance framework, maintain the enterprise model inventory, and coordinate with validators, model owners, business teams, auditors, and risk stakeholders. Track findings and remediation, prepare governance reports, coordinate attestations and certifications, maintain policies and procedures, and provide guidance on model risk practices.

Job details

Model Risk Governance Specialist Location: Montreal, QC (Hybrid) Job Type: Contract-to-Hire Overview We are seeking a Model Risk Governance Specialist to support the governance, oversight, and administration of the Model Risk Management (MRM) framework within a leading financial services environment. This role will partner with risk, validation, audit, and business teams to ensure models are appropriately governed, documented, monitored, and compliant with regulatory and internal standards. Key Responsibilities Support and maintain the Model Risk Management (MRM) governance framework. Maintain and oversee the enterprise model inventory and related governance processes. Coordinate with model validators, model owners, and business stakeholders to ensure compliance with model risk requirements. Track validation findings, recommendations, remediation activities, and action plan progress. Prepare management reports, dashboards, and governance materials for senior stakeholders. Assist with regulatory reviews, internal audits, and model governance assessments. Coordinate annual model attestations and inventory certification activities. Develop, update, and maintain model risk policies, standards, procedures, and governance documentation. Support Risk & Control Self-Assessments (RCSA) and operational risk activities. Deliver guidance and training on model risk governance best practices. Required Qualifications Bachelor’s or Master’s degree in Finance, Economics, Mathematics, Statistics, Risk Management, or a related field. 3+ years of experience in Model Risk Management, Model Governance, Model Validation, Enterprise Risk, Regulatory Compliance, or Banking Risk. Strong understanding of model lifecycle management and governance controls. Experience working with auditors, validators, risk teams, and business stakeholders. Excellent analytical, organizational, and reporting skills. Strong communication and stakeholder management abilities. Advanced proficiency with Excel, PowerPoint, Word, and Outlook. Preferred Qualifications Knowledge of banking regulations and model risk management guidance. Experience with AI/ML model governance and validation frameworks. Python programming skills. Experience with model inventory management systems and databases. Experience drafting governance policies, procedures, and risk documentation. Background in quantitative risk, risk analytics, or financial model oversight.

What you’ll do

Support the Model Risk Management governance framework, maintain the enterprise model inventory, and coordinate with validators, model owners, business teams, auditors, and risk stakeholders. Track findings and remediation, prepare governance reports, coordinate attestations and certifications, maintain policies and procedures, and provide guidance on model risk practices.

Requirements

A bachelor’s or master’s degree in a relevant field and at least three years of experience in model risk, governance, validation, enterprise risk, compliance, or banking risk are required. Candidates should understand model lifecycle governance and controls, have strong analytical, reporting, communication, and stakeholder skills, and be proficient with Microsoft Office; knowledge of regulations, AI/ML governance, Python, and model inventory systems is preferred.

Listed skills

• Regulatory Compliance · Preferred
• Management Reporting · Preferred
• Stakeholder Management · Preferred
• Microsoft Excel · Preferred
• Python · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Model Risk Management
• Model Governance
• Model Lifecycle Management
• Model Inventory Management
• Model Validation Coordination
• Regulatory Compliance
• Audit Coordination
• Risk And Control Self-Assessments
• Remediation Tracking
• Management Reporting
• Stakeholder Management
• Policy And Procedure Development
• Excel
• PowerPoint
• Python
• AI/ML Model Governance

Job areas

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

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