Model Risk Governance Specialist Risk Oversight (Hybrid)

Attendance Hybrid Job number 33042 Category Senior Professional Status: Permanent Type of Contract Permanent Schedule: Full-Time Full Time / Part Time? Full-Time Posting date 28-May-2026 Area(s) of interest: Risk management Location(s): Calgary, Edmonton, Montreal A career as a Model Risk Governance Specialist - Risk Oversight in the Model Risk Management team at National Bank means acting as a senior governance specialist responsible for overseeing adherence to the Bank’s model risk management framework.

In this role, you help strengthen model risk governance across the organization by providing a risk-based view of framework adherence, identifying material governance gaps, supporting timely remediation and escalating matters requiring management attention. Your critical judgment, governance expertise and ability to influence stakeholders will help promote consistent application of model risk expectations across the Bank.

Your job

As a Model Risk Governance Specialist - Risk Oversight, you will:

• Support the oversight and continuous enhancement of the Bank’s model risk governance framework, including practices related to framework adherence, model inventory, attestation, remediation oversight and governance reporting.
• Provide independent oversight and constructive challenge over the application of model risk governance expectations by model stakeholders across the organization.
• Apply critical judgment to identify, analyze and prioritize material governance gaps, instances of non-adherence and emerging themes, considering root cause, impact, urgency and stakeholder accountability.
• Assess the potential impact of governance matters on the Bank’s adherence to internal requirements, oversight expectations and sound risk management practices, and recommend an appropriate course of action.
• Influence model owners and stakeholders in the definition of sustainable remediation plans, while challenging the quality, timeliness and effectiveness of proposed actions.
• Oversee remediation progress through closure, including monitoring key milestones, reviewing evidence of completion and supporting escalation when matters require senior management attention.
• Coordinate and enhance model inventory governance and attestation activities to support complete, reliable and timely information for oversight and decision-making.
• Recommend governance indicators, monitoring practices and reporting enhancements to support effective oversight of framework adherence.
• Identify governance considerations related to new models, changed models or new model uses, and help ensure that appropriate governance expectations are understood and applied.
• Prepare decision-ready materials for senior management and governance committees, highlighting framework adherence, inventory and attestation results, material governance matters, remediation progress, key themes and items requiring attention or decision.
• Act as a key contact for model owners, validators, business lines, technology teams, risk partners, compliance and internal audit on model governance oversight matters.
• Support change management and stakeholder adoption of model governance expectations through guidance, communications, training and advisory support.

Your team

Within the Model Risk Management group, you are part of a team of professionals who provide second line of defence oversight for model risk across the Bank. You report to the Senior Director, Model Risk Governance.

Our team stands out for its analytical rigour, proactive governance mindset, collaborative approach and ability to influence model stakeholders across the Bank.

We ultimately aim to offer you maximum flexibility and quality of life. This notably means a hybrid work environment, as well as adaptable working hours.

The Bank values continuous development and internal mobility. Our personalized training programs enable you to master your job and develop new areas of expertise. Tools such as the Data Academy, language training, the Harvard Learning Center as well as coaching and mentoring support are available to you at all times.

Prerequisites

• Hold a Bachelor’s degree in finance, economics, mathematics, statistics, engineering, computer science, data science, risk management or a related field and 7 years of relevant experience; OR a Master’s degree in a quantitative, finance, technology or risk-related field and 5 years of relevant experience.
• Experience in model risk management, risk governance, internal audit, compliance, regulatory governance, control functions, model validation or risk management in financial services.
• Strong understanding of governance frameworks, control environments, issue management, remediation oversight, escalation processes and senior management reporting.
• Good knowledge of model risk management principles, including model lifecycle governance, model inventory, validation, monitoring, issue management and reporting.
• Experience identifying governance gaps, assessing materiality and impact, supporting remediation plans and monitoring action plans through to closure.
• Experience supporting or overseeing model inventory, attestation activities, data quality reviews, framework adherence monitoring or governance reporting.
• Ability to exercise sound judgment, challenge constructively and influence stakeholders in a complex governance environment.
• Strong analytical and communication skills, with the ability to interpret complex information, identify key issues and formulate clear conclusions and recommendations.
• Experience preparing materials for senior management, governance committees, internal audit or regulatory interactions.
• Advanced proficiency with Microsoft Office, especially Excel and PowerPoint; experience with data analysis, BI tools or workflow/GRC platforms is an asset.

Languages: English, French Reason to require this language: you will need to discuss frequently with our service providers or partners who speak a language other than French.

Skills

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Analytical Skills Stakeholder Engagement Influence others Synthesis Management Collaboration Your benefits In addition to competitive compensation, upon hiring you’ll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family such as:
* Health and wellness program, including many options * Flexible group insurance * Generous pension plan * Employee Share Ownership Plan * Employee and family assistance program * Preferential banking services * Involvement in community initiatives * Telemedicine service * Virtual sleep clinic
We have an offer that keeps up with trends as well as your needs and those of your family.
Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We value employees’ ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged.
Making a bold move in a people-first environment We’re a bank on a human scale that stands out for its courage, entrepreneurial culture, and passion for people. Our mission is to have a positive impact on people’s lives. Our core values of partnership, agility, and empowerment inspire us, and inclusion is central to our commitments. We aim, wherever possible, to provide a barrier-free and accessible environment to all employees.
We strive to provide accessibility measures throughout the recruitment process within the limits of our available resources. If you require accommodations, feel free to let us know during our initial conversations. We welcome all candidates! What can you bring to our team?
Join us! Une carrière en tant que ConseillerAs a Senior Legal Advisor in the Legal