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Model Risk Governance Specialist at KYYBA — NeverHard

Model Risk Governance Specialist at KYYBA in Montréal, Québec. Skills: Governance, Regulatory Compliance, Reporting, model risk management. Apply on NeverHard.

Company
KYYBA
Location
Montréal, Québec
Type
full_time

Required skills:

Job DescriptionJob Description Job Title: Model Risk Governance Specialist Location: Boulevard Robert-Bourassa, Montréal, QC, Canada Position Type: 12+ Months Job Overview We are seeking an experienced Model Risk Governance Specialist to join the Risk Independent Review & Control (RISK IRC) team at a leading international banking institution in Montréal. The successful candidate will support the organization's Model Risk Management (MRM) framework by ensuring regulatory compliance, maintaining model governance standards, overseeing model inventories, and coordinating with model validation teams and business stakeholders. This role will play an important part in strengthening model risk controls, tracking remediation activities, and providing governance reporting to senior management, internal audit, and regulatory stakeholders. Key Responsibilities Ensure compliance with regulatory requirements and internal standards related to Model Risk Management. Prepare and present regular reports on model risk status, identified issues, and mitigation activities to senior management, internal audit, and regulators. Coordinate with model validators to ensure model risk management practices are integrated into model development and validation processes. Maintain and regularly update the model inventory in accordance with Model Risk Management decisions. Manage the recommendations inventory and coordinate with validators and implementation managers to ensure timely resolution of outstanding recommendations. Coordinate annual model attestation activities with business lines and conduct effective challenge exercises to ensure model inventory completeness and accuracy. Provide training and guidance to stakeholders on model risk management principles and best practices. Maintain and update model risk policies, standards, and procedures. Support the Operational Risk framework, including the annual Risk and Control Self-Assessment (RCSA). Document permanent controls to ensure effective oversight and robustness of the Model Risk Management framework. Required Qualifications Bachelor's or Master's degree in Finance, Economics, Mathematics, Statistics, or a related field. Minimum 3+ years of experience in Model Risk Management, preferably within the banking or financial services industry. Strong understanding of model risk governance, regulatory compliance, and risk management practices. Experience with model inventories, risk reporting, governance processes, and stakeholder coordination. Strong analytical, organizational, and critical-thinking skills. Ability to manage multiple priorities and deadlines in a fast-paced environment. Excellent verbal and written communication skills. Strong ownership, accountability, and stakeholder-management capabilities. Proficiency in Microsoft Word, PowerPoint, Outlook, and Excel. Professional English proficiency is required. Preferred Qualifications Programming experience with Python. Knowledge of AI model governance or model validation. Familiarity with regulatory guidance related to Model Risk Management and banking regulations. Experience with databases or systems used for model inventory management. Experience working with model validators and internal auditors. Experience developing and maintaining policies, standards, and procedures. \nCompany Description Founded in 1998 and headquartered in Farmington Hills, MI, Kyyba has a global presence delivering high-quality resources and top-notch recruiting services, enabling businesses to effectively respond to organizational changes and technological advances. At Kyyba, the overall well-being of our employees and their families is important to us. We are proud of our work culture which embodies our core values; incorporating value, passion, excellence, empowerment, and happiness, creates a vibrant and productive atmosphere. We empower our employees with the resources, incentives, and flexibility that they need to support a healthy, balanced, and fulfilling career by providing many valuable benefits and a balanced compensation structure combined with career development. Kyyba is an Equal Opportunity Employer. Kyyba does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other b Company DescriptionFounded in 1998 and headquartered in Farmington Hills, MI, Kyyba has a global presence delivering high-quality resources and top-notch recruiting services, enabling businesses to effectively respond to organizational changes and technological advances.\r\n\r\nAt Kyyba, the overall well-being of our employees and their families is important to us. We are proud of our work culture which embodies our core values; incorporating value, passion, excellence, empowerment, and happiness, creates a vibrant and productive atmosphere. We empower our employees with the resources, incentives, and flexibility that they need to support a healthy, balanced, and fulfilling career by providing many valuable benefits and a balanced compensation structure combined with career development.\r\n\r\nKyyba is an Equal Opportunity Employer.\r\n\r\nKyyba does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other b