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Model Risk Management Analyst
Model Risk Management AnalystFCC / FAC • Regina, Division No. 6, CA
Model Risk Management Analyst

Model Risk Management Analyst

FCC / FAC • Regina, Division No. 6, CA
30+ days ago
Job type
  • Permanent
Job description

Model Risk Management Analyst – FCC / FAC

Closing Date : 12 / 16 / 2025

Worker Type : Permanent

Salary Range : $92,310 - $124,890

Language(s) Required : English

What You’ll Do

  • Conduct independent validation of models used for credit risk, pricing, adjudication and economic forecasting.
  • Review model design, assumptions, performance metrics, and alignment with business requirements and strategies.
  • Develop and execute validation test plans using Python and other analytical tools or programming languages.
  • Prepare comprehensive validation reports and socialize findings with stakeholders, ensuring clarity and actionable recommendations.
  • Oversee and coordinate vendor teams, ensuring adherence to project timelines and quality standards.
  • Manage model governance tasks, including maintaining model inventory and ensuring compliance with governance frameworks.
  • Collaborate with model owners, risk managers and governance teams to address validation findings.
  • Ensure adherence to internal policies and standards, and actively contribute to their review and revision.
  • Stay current with regulatory requirements and industry best practices in model risk management.

What We’re Looking For

  • Analytical thinker who can design and develop strategies that give users the information they need to make informed decisions.
  • Creative thinker with research, analytical and problem‑solving skills.
  • Confident communicator who can make complex information easy to understand.
  • Relationship-builder comfortable making recommendations for improvement and socializing validation results.
  • Ability to manage multiple projects and meet deadlines.
  • Passion for analysis, insights and storytelling.
  • What You’ll Need

  • A bachelor’s degree in agriculture, finance, business, economics, mathematics, statistics or computer science and at least four years of experience (or an equivalent combination of education and experience).
  • Proficiency in Python or other programming languages for data analysis, data visualization and model testing.
  • Strong understanding of statistical and econometric techniques.
  • Experience with model risk policies, governance frameworks and compliance management, including maintaining model inventory.
  • The following would be considered assets :

  • Hands‑on experience developing or validating financial models, especially those related to credit risk, pricing, adjudication or economic forecasting.
  • Knowledge of regulatory guidelines (for example, OSFI E‑23, IFRS 9, BASEL III).
  • Experience with other programming languages or tools (R, SAS, SQL) and data visualization tools.
  • Familiarity with machine learning and advanced analytics validation methods.
  • You belong here

    At FCC, we’re committed to creating an inclusive, equitable and accessible workplace – one that reflects the communities where we live, work and play. Our team is made stronger through diversity, and we’re dedicated to building a workforce that brings together a range of backgrounds, abilities and perspectives.

    We encourage qualified applicants to apply, including members of these four employment equity groups :

  • Indigenous Peoples
  • Members of visible minority groups
  • Persons with disabilities
  • Women
  • Accessibility and accommodations

    To support an inclusive and accessible candidate experience, we encourage anyone needing an adjustment or accommodation during any stage of the recruitment process to email us at : TalentSupplyRecherch@fcc-fac.ca . An HR partner will respond and work with applicants who request a reasonable accommodation. Information received in relation to accommodation requests will not impact hiring decisions.

    Seniority level

    Mid‑Senior level

    Employment type

    Full‑time

    Job function

    Finance and Sales

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    Risk Analyst • Regina, Division No. 6, CA

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