Risk Governance Specialist

Job summary

Oversee model risk governance, including regulatory compliance, model inventory and recommendations, annual attestations, validator coordination, and reporting to senior management, internal audit, and regulators. Maintain model risk policies and controls, provide stakeholder guidance, and support the Operational Risk framework and annual RCSA.

Job details

Job Title: Risk Governance Specialist Location: Montreal, QC H3A 2A6 Duration: 3 Months Job Type: Temporary Assignment Work Type: Hybrid Pay Rate: $ 44.24 - $ 63.11/Hr Overview: TekWissen is a global workforce management provider headquartered in Ann Arbor, Michigan that offers strategic talent solutions to our clients world-wide. Our client is a company who is a provider of banking and financial services. The company operates through two divisions, Retail Banking and Services, and Corporate and Institutional Banking. Job Description: The Model Risk Governance Specialist is Responsible for the Following Activities: Ensure compliance with all relevant regulatory requirements and internal standards related to model risk management under the guidance of the Head of RISK IRC Americas. Prepare and present regular reports on model risk status, issues, and mitigation efforts to senior management, internal audit and regulators. Coordinate and engage the model validators to ensure that model risk management practices are integrated into the model development and validation processes. Provide training and guidance to stakeholders on model risk management principles and best practices. Maintain an updated model inventory in accordance with model risk management (MRM) decisions. Manage the recommendations inventory and engage with the validators and implementation managers to ensure their adequate and timely resolution. Coordinate the annual model attestation with Business Lines and the effective challenge exercise to ensure the completeness and accuracy of the model inventory. Maintain and update when necessary, model risk policies, standards, and procedures to ensure consistent and effective model risk management. Contribute to the Operational Risk framework. Support the annual Operational Risk and Control Self-Assessment (RCSA) of RISK IRC Americas. Document the permanent controls applied by model governance team to ensure the oversight and robustness of the MRM framework. List of Required Competencies: Bachelor’s or Master’s degree in Finance, Economics, Mathematics, Statistics, or a related field. 3+ years of experience in model risk management, preferably within the financial services industry. Ability to work in a fast-paced environment and manage multiple deadlines at once. Strong sense of ownership and accountability. Excellent analytical and organizational skills. Ability to engage various stakeholders and deliver clear reports. Strong verbal and written communication skills. Good synthesis skills and critical thinking capabilities. Highly efficient with Word, PowerPoint, Outlook and Excel. Knowledge of the English language is required. Preferred Qualifications: Programming skills (Python). Knowledge of AI models governance or validation. Knowledge of regulatory guidance on model risk management and banking regulation. Knowledge of databases and systems for model inventory management. Experience in interacting with model validators or internal auditors. Experience in writing policies and procedures. TekWissen® Group is an equal opportunity employer supporting workforce diversity.

What you’ll do

Oversee model risk governance, including regulatory compliance, model inventory and recommendations, annual attestations, validator coordination, and reporting to senior management, internal audit, and regulators. Maintain model risk policies and controls, provide stakeholder guidance, and support the Operational Risk framework and annual RCSA.

Requirements

A bachelor’s or master’s degree in Finance, Economics, Mathematics, Statistics, or a related field and at least three years of model risk management experience are required. Candidates should have strong analytical, organizational, communication, and stakeholder-management skills, with proficiency in Microsoft Office; Python, AI model governance, regulatory knowledge, and experience with validators or auditors are preferred.

Listed skills

• written communication · Preferred
• Regulatory Compliance · Preferred
• Microsoft Excel · Preferred
• Critical Thinking · Preferred
• Microsoft Word · Preferred
• Python · Preferred
• Microsoft Outlook · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Model Risk Management
• Regulatory Compliance
• Model Validation
• Model Governance
• Risk Reporting
• Stakeholder Engagement
• Analytical Skills
• Organizational Skills
• Written Communication
• Verbal Communication
• Critical Thinking
• Microsoft Word
• Microsoft PowerPoint
• Microsoft Outlook
• Microsoft Excel
• Python

Job areas

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

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