Talent.com
Model Validation Analyst
Model Validation AnalystRBC • Toronto C6A, ON, Canada
Model Validation Analyst

Model Validation Analyst

RBC • Toronto C6A, ON, Canada
4 days ago
Job type
  • Full-time
Job description

Job Description

As part of the Enterprise Model Risk Management (EMRM) team within Group Risk Management (GRM), the Model Validation Analyst will be primarily responsible for carrying out independent validation of models within the Market and Counterparty Credit Risk model categories as well as the Wealth Management business.

Opportunity Overview

Engage relevant model developer / owners and users across market risk, counterparty credit risk and / or wealth management model categories as necessary in order to acquire and maintain a thorough understanding of the flow and context of model usage by the business.

What will you do?

  • Engage relevant model developer / owners and users across market risk, counterparty credit risk and / or wealth management model categories as necessary in order to acquire and maintain a thorough understanding of the flow and context of model usage by the business.
  • Perform independent validation, delivering effective challenge to understand all key sources of model uncertainty and ensure that model usage adheres to RBC model risk policy.
  • Deliver clear, well written validation reports with sound conclusions based on assessment and testing outcomes.
  • Complete projects within stated timelines to assist the business to use models in a timely and safe way.
  • Ensure clients and colleagues are treated with respect, a highly professional empathetic approach is used, and good working relationships are maintained. Look for, and act upon, opportunities to strengthen the quality of challenge, efficiency and communication of key model risk processes and deliverables.
  • Partner with stakeholders to achieve collective results. Act as a catalyst to ensure team is strategically aligned with business strategies while maintaining the Bank’s desired risk profile.
  • Support direct managers and contribute directly to process improvement projects aimed at maximizing quality and efficiency of the model risk management process.

What do you need to succeed?

Must-have

  • Post graduate degree preferably PhD in a quantitative subject (e.g. physics, mathematics, economics etc).
  • 2+ years of model risk management or model developer experience with a preferred focus on Market and Counterparty Credit Risk.
  • Strong analytical, communication, problem solving and stakeholder management skills.
  • Nice-to-have

  • In-depth knowledge of model risk regulations, RBC policies, procedures & practices.
  • Proficiency with Bank Technology.
  • Experience in wealth / asset management modelling.
  • What’s in it for you?

    We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation.
  • Leaders who support your development through coaching and managing opportunities.
  • Work in a dynamic, collaborative, progressive, and high-performing team.
  • Opportunities for growth, and opportunities to redefine audit approaches.
  • Job Skills

    Credit Risks, Critical Thinking, Financial Instruments, Financial Regulation, Independent Validation, Market Risk, Model Validation, Quantitative Methods, Risk Management

    Additional Job Details

    Address : ROYAL BANK PLAZA, 200 BAY ST : TORONTO

    City : Toronto

    Country : Canada

    Work hours / week : 37.5

    Employment Type : Full time

    Platform : GROUP RISK MANAGEMENT

    Job Type : Regular

    Pay Type : Salaried

    Posted Date : 2025-12-23

    Application Deadline : 2025-12-31

    Applications will be accepted until 11 : 59 PM on the day prior to the application deadline date above

    At RBC we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

    Join our Talent Community

    Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

    Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well‑being of our clients and communities at jobs.rbc.com .

    RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.

    #J-18808-Ljbffr

    Create a job alert for this search

    Model Validation Analyst • Toronto C6A, ON, Canada

    Similar jobs
    Model Validation Analyst – Credit Risk (Toronto)

    Model Validation Analyst – Credit Risk (Toronto)

    Fitch Group, Inc., Fitch Ratings, Inc., Fitch Solutions Group • Toronto C6A, ON, Canada
    Full-time
    A leading financial services firm is seeking a Model Validation Analyst or Senior Analyst in Toronto.The successful candidate will review and validate credit rating models, develop expertise in mod...Show more
    Last updated: 30+ days ago • Promoted
    Senior Quantitative Analyst, Model Validation & Risk

    Senior Quantitative Analyst, Model Validation & Risk

    TD Securities • Toronto
    Full-time
    A leading financial institution in Toronto is seeking a Mid-Senior level professional to join their Model Validation group. The role involves validating complex mathematical models used for risk man...Show more
    Last updated: 5 days ago • Promoted
    Quant Forecasting Analyst — Model Validation

    Quant Forecasting Analyst — Model Validation

    Labelbox • Toronto
    Full-time
    A leading technology firm in Toronto is seeking a Quantitative Finance Forecasting Analyst to assess and validate predictive models related to market forecasting. The ideal candidate has a strong ba...Show more
    Last updated: 28 days ago • Promoted
    Verification & Validation Manager

    Verification & Validation Manager

    Kepler Communications Inc. • Toronto
    Full-time
    At Kepler Communications, we’re not just imagining the future of connectivity — we’re leading it.Our mission is to provide real-time Internet access in space, enabling a new era of data-driven expl...Show more
    Last updated: 30+ days ago • Promoted
    Senior Model Validation Analyst - Hybrid, Credit Analytics

    Senior Model Validation Analyst - Hybrid, Credit Analytics

    Fitch Group • Toronto C6A, ON, Canada
    Remote
    Full-time
    A global financial information firm is seeking a Model Validation Analyst for their Toronto office.This role involves validating credit rating models, working with various asset classes, and ensuri...Show more
    Last updated: 30+ days ago • Promoted
    Model Risk Validation Analyst – Credit & Pricing

    Model Risk Validation Analyst – Credit & Pricing

    Farm Credit Canada • Toronto
    Full-time
    A leading agricultural financial institution based in Toronto is seeking a Model Risk Management Analyst to validate various financial models related to credit risk, pricing, and adjudication.The r...Show more
    Last updated: 30+ days ago • Promoted
    Senior Quantitative Analyst - Model Validation

    Senior Quantitative Analyst - Model Validation

    TD • Toronto
    Full-time
    A major Canadian bank is seeking a Model Validation professional to join their Retail model validation team in Toronto.The ideal candidate will have a graduate degree and 3-5 years of experience in...Show more
    Last updated: 16 days ago • Promoted
    Senior Cat Modeling Analyst

    Senior Cat Modeling Analyst

    PartnerRe • Toronto
    Full-time
    Be among the first 25 applicants.PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesse...Show more
    Last updated: 19 days ago • Promoted
    Integration and Validation Leader

    Integration and Validation Leader

    Alstom • Toronto
    Full-time
    At Alstom, we understand transport networks and what moves people.From high-speed trains, metros, monorails, and trams, to turnkey systems, services, infrastructure, signalling and digital mobility...Show more
    Last updated: 10 days ago • Promoted
    Senior Validation Engineer

    Senior Validation Engineer

    Alphawave Semi • Toronto
    Full-time
    We're looking for the Wavemakers of tomorrow.Alphawave Semi enables tomorrow’s future by accelerating the critical data communication at the heart of our digital world – from seamless video streami...Show more
    Last updated: 30+ days ago • Promoted
    Analyst / Senior Analyst - Model Validation Group - Toronto

    Analyst / Senior Analyst - Model Validation Group - Toronto

    Fitch Ratings • Toronto C6A, ON, Canada
    Full-time
    Get AI-powered advice on this job and more exclusive features.Direct message the job poster from Fitch Ratings.At Fitch, we have an open culture where employees are able to exchange ideas and persp...Show more
    Last updated: 30+ days ago • Promoted
    Senior Manager - Model Validation

    Senior Manager - Model Validation

    BMO Financial Group • Toronto
    Full-time
    Develops validation strategies and plans to ensure appropriate type and level of validation of models is carried out.Independently validates / tests models and their associated assumptions, benchma...Show more
    Last updated: 30+ days ago • Promoted
    Validation Engineer

    Validation Engineer

    Infotree Global Solutions • Markham
    Full-time
    Richmond Hill, Ontario, Canada 6 days ago.Manage technical presentations, displaying a strong grasp of hardware architecture and system design expertise. Expertise lies in using FPGA and other hardw...Show more
    Last updated: 10 days ago • Promoted
    Verification & Validation (V&V) Manager

    Verification & Validation (V&V) Manager

    Clutch Canada • Toronto
    Full-time
    At Kepler Communications, we're not just imagining the future of connectivity - we're leading it! Our mission is to provide real-time Internet access in space, enabling a new era of data-driven exp...Show more
    Last updated: 30+ days ago • Promoted
    Manager - Model Validation / Approval valuation

    Manager - Model Validation / Approval valuation

    Nexus Systems Group Inc. • Toronto
    Full-time
    The successful candidate will have the opportunity to learn capital market valuation and risk models.Support Director / Senior Manager to validate derivative pricing models used in capital market and...Show more
    Last updated: 30+ days ago • Promoted
    Model Validation Analyst

    Model Validation Analyst

    RBC • Toronto
    Full-time
    As part of the Enterprise Model Risk Management (EMRM) team within Group Risk Management (GRM), the Model Validation Analyst will be primarily responsible for carrying out independent validation of...Show more
    Last updated: 14 days ago • Promoted
    Model Risk Validation Specialist

    Model Risk Validation Specialist

    FCC / FAC • Toronto
    Full-time +1
    A leading financial corporation in Toronto is seeking a Model Risk Management Analyst to validate and ensure compliance of credit risk models. In this full-time permanent role, you will manage model...Show more
    Last updated: 30+ days ago • Promoted
    Validation Specialist

    Validation Specialist

    JUNO PHARMA CANADA INC. • Toronto, Canada
    Full-time
    Supervise, write, plan and execute the various protocols to ensure the validation of all systems, equipment, infrastructure and processes according to current Standards. Training and supporting for ...Show more
    Last updated: 3 days ago • Promoted