About the Company:
As the founding entity of RAINBOW PARTNERS, Quanteam is a consulting firm specializing in Banking, Finance, and Financial Services. Guided by our core values of closeness, teamwork, diversity, and excellence, our team of 1,000 expert consultants, representing 35 different nationalities, collaborates across 10 international offices: Paris, Lyon, New York, Montreal, London, Brussels, Geneva, Lisbon, Porto and Casablanca.
We are looking for a risk model management specialist for one of our clients, an investment bank set in Montreal for a 3 months contract (renewable)
Role Overview :
The team is pivotal in driving the consistent application of the a model risk, covering a diverse range of model families. Reporting directly to the Senior Management, the candidate will be responsible to take the lead on managing and maintaining the AMER risk Model which is the core system that underpins inventory tracking and model governance across the region.
This role demands a deep understanding of the model lifecycle. The candidate will play an instrumental role in implementing policies and controls that uphold model accuracy, reliability, and suitability, ensuring they effectively support decision-making processes.
The candidate will have to lead and strengthen model risk governance across a dynamic, high-stakes landscape. As a Risk Officer, the candidate will play a pivotal role in ensuring the integrity and effectiveness of the group’s model risk governance.
Key responsibilities:
The responsibilities of this role include, but are not limited to :
- Participate actively to the remediation program by ensuring deliverables are provided and approved in due time.
- Governance and Reporting - Refine the Risk Framework by enhancing AMER model risk policies and procedures to ensure the enhanced framework is reported in the policies.
- Manage Model Inventory : Engage stakeholders to update the AMER Model Inventory based on the updated definition of models and non-models.
- Coordinate with Validation Teams : to address and agree on the annual validation plan.
- Support Regulatory and Audit Preparation: Prepare materials for regulators and internal/external audits.
- Collaborate on Tech Solutions: Partner with technology to build model inventory and workflow solutions.
- Track and Report Issues: Review and monitor remediation actions and distribute governance materials.
Required Qualifications and Skills:
Must Have:
- 3+ Years of Risk Management Experience: Proven track record in risks management, model risk, with deep knowledge of risk metrics, model controls, and industry standards, including regulatory requirements like SR11-07.
- Policy Documentation Expertise: Strong experience drafting policy and procedure documentation, MIS reports, and materials for senior management, oversight forums, and regulators.
- Change Management and Influence: Demonstrated success as a trusted partner in implementing changes and fostering adoption among end-users.
- Exceptional Interpersonal Skills: Highly collaborative and able to engage with cross-functional teams.
- Attention to Detail and Organizational Skills: Detail-oriented, organized, and adept at prioritization.
Nice to Have:
- Consultancy/Audit Firm Experience: Background in consulting or audit, especially in managing multiple risk management projects within investment or financial sectors
Education :
- Bachelor’s Degree: Finance, Economics, or a similar field.
Languages :
- English : mandatory
- French : is a plus