Requisition ID: Join a purpose driven winning team, committed to results, in an inclusive and high:performing culture. The Global Model Risk Management area provides independent and consistent model validation and approval across various risk types, including market risk, retail/non:retail credit risk, operational risk, capital models and other key risk/financial models. The senior manager provides support to Director in the validation of domestic and international retail/non:retail credit adjudication and behavior models, retail credit strategies, as well as credit loss forecasting models for provisioning purposes. This position entitles activities related to model validation work to establish overall soundness of the credit risk measurement, delivery of various ad:hoc validation assignments, collaboration with the model development teams and business lines, and communicating results to model owners ensuring compliance with internal framework and regulatory requirements. The senior manager also planifies the work plan and manages the resources in order to deliver validation projects under the agreed timeline. He/she also communicates and negotiates with the different counterparties regarding issues identified during the validation. Is this role right for you? In this role, you will: : Validate retail scoring (adjudication/behaviour) models and non:retail adjudication Models. : Validate retail credit strategy models. : For the model being validated, review the methodology implemented for reasonableness and applicability, analyze the quality of the models input data, review the architecture of the software application implementing the model, perform quantitative tests and qualitative assessments of the model, execute independent calculations, and analyze/interpret model output. : Based on the results of model validation, recommend improvements to the model or the model development process and identify material improvement opportunities in the models being validated. : May have to manage a small team of managers or contractors and distribute workload in order to meet project timelines. : Responsible for completing draft reports and submission of all necessary documentation related to validation assignments to Director; ensure accuracy and completeness of archived information and related documentation to allow independent third party review of the validation work performed. : Establish communication with model owner/developers to understand model rationale and issues; mantain relationship with key contacts as identified for each validation. : Communicate findings from validation work to stakeholders. : Maintain collaborative relationship with clients and manages the project pipeline with them ensuring coming projects are identified early to allocate proper resources for validation work. : Provide support to Director to respond to ad hoc, regulatory and audit requests. : Recommend and enforce improvements to tests/methods in order to fulfill internal validation needs and to align (if applicable) with industry practices : Comply with internal policies, procedures and regulatory requirements where applicable. : Keep abreast of industry and regulatory developments and evolving expectations. : Responsible to maintain the update the model inventory system once a validation project is complete or upon any event which required to do so (model change, model extension of use, etc). Do you have the skills that will enable you to succeed in this role? Wed love to work with you if you have: : 5+ year of experience in the development and/or validation of risk and/or financial models. Experience in retail strategy models or provisioning models will also be considered. : Exposure or experience in other risk functions such as credit risk, market risk, or operational risk management also desirable. : Sound understanding of various model