Director

  • 36191
  • Non-Life - Other
  • |
  • Ontario, Canada
  • |
  • Nov 8, 2019
  • |
  • Billingual (English & French)
Other
RESPONSIBILITIES
  • Leads the development, implementation and maintenance of Model Risk measurement and aggregation methodologies.
  • Actively contributes to the Model Risk Management framework development.
  • Manages stakeholder relationships to ensure model validation findings and recommendations are appropriately informed by business purpose and context.
  • Ensures validation activities are in compliance with the Model Risk Policy, standards and procedures.
  • Ensures that Model stakeholders are aware of Model Risk Issues and Limitations identified during Model Validation.
  • Engages Model Owners and Users to pro-actively identify, assess, monitor and manage Model Risk.
QUALIFICATIONS
  • Undergraduate degree in Accounting, Business Administration, Finance, Mathematics or Computer Science within a quantitative discipline or related.
  • Minimum of 10 years in quantitative risk management.
  • Minimum 5 years of people management experience including performance management responsibilities.
  • Expert knowledge of, and/or broad experience in at least one of the following domains: Insurance pricing and reserving, Econometrics and economic forecasting, Asset and portfolio management modeling.
  • Expert-level knowledge of risk management principles and practices.
  • Strong foundation in probability, time series modeling and statistical analysis.
  • Proficiency with SAS and/or other data software like R or C/C++/C#, Python, Matlab, Database.
  • Model validation experience.
  • Bilingual in both official languages.
  • Assets:
  • Professional designations such as Fellow of the Actuarial Society or Financial/Professional Risk Manager.
  • A graduate degree in a quantitative discipline.
  • Credit risk management experience, preferably in a financial services and/or Crown corporation environment.