Talent.com
MUFG
Model Risk Management Analyst, AVPMUFG • Toronto, ON
Model Risk Management Analyst, AVP

Model Risk Management Analyst, AVP

MUFG • Toronto, ON
30+ days ago
Job type
  • Full-time
Job description

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

The AVP, Model Validation Quantitative Analyst within the Quantitative Risk Control (QRC) supports best-practice model risk activities consistent with the MUFG Model Governance Program. The models include those used within the various Business Units for supporting Global trading, lending, pricing, Securitization, and Capital market activities.

Responsibilities:

Model Risk Management:

  • Developing, maintaining, and implementing the Bank's Model Risk Management Program covering Wholesale Credit risk models which are used for supporting risk scoring, decision-making, stress testing, ALLL/CECL/IFRS 9, economic capital estimation, financial reporting, and risk management
  • Monitor model performance reports on an on-going basis to ensure models remain valid
  • Applying strong risk knowledge to solve problems independently, without relying on daily supervision

Model Validation:

  • Perform independent validations of various models developed based on statistical analysis and machine learning techniques
  • Document the validation outcome in high-quality validation report and manage resolution of findings with model developers

Maintain Model Inventory:

  • Conduct model/non-model assessment
  • Issue/finding closure, and model annual review

Collaboration:

  • Support relationship with regulators and internal audit
  • Team player, ability to communicate technical concepts to non-technical audience

Skills & Experience

  • Strong skills in quantitative methods including statistical analysis, and credit risk modeling
  • Strong skills in quantitative methods and computer technology, such as Python, R and SAS
  • 3-5 years' experience in related field
  • Strong understanding of financial services industry
  • Strong verbal/communication skills
  • Attention to details

Education:

  • Advanced degree of Masters or higher in statistics, finance, or other quantitative field
  • Industry certifications a plus (e.g., CFA, FRM)
The job description and related application pertains to an opportunity with either MUFG Bank, Ltd., Canada Branch (“MUFG Bank Canada”) or MUFG Securities (Canada), Ltd. (“MUFG Securities Canada”). The job description relates to the general nature, scope, quantity and quality of work contemplated for the position. Other duties and responsibilities not specifically described may be assigned from time to time, consistent with knowledge, skills and abilities of the incumbent. The receipt of an application by either MUFG Bank Canada or MUFG Securities Canada, as applicable, does not imply or guarantee employment.Each of MUFG Bank Canada and MUFG Securities Canada is an equal opportunity employer.•As a federally regulated entity, MUFG Bank Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Canadian Human Rights Act and the Canada Labour Code. Where MUFG Bank Canada obtains information relating to protected grounds under the Canadian Human Rights Act as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Bank Canada does not use such information for decision making purposes relating to the position contemplated in this application.• As a provincially regulated entity, MUFG Securities Canada is required to comply with applicable laws which prohibit discrimination based on protected grounds and which require accommodation to individuals in accordance with the requirements outlined in the Human Rights Code (Ontario) and the Employment Standards Act (Ontario). Where MUFG Securities Canada obtains information relating to protected grounds under the Human Rights Code (Ontario) as part of the application process, it does so to monitor and otherwise evaluate its own compliance with such legislation and associated regulatory requirements; MUFG Securities Canada does not use such information for decision making purposes relating to the position contemplated in this application.
Create a job alert for this search

Model Risk Management Analyst, AVP • Toronto, ON

Similar jobs

Risk Management Lead

Turner-Toronto, ON, CA
Full-time

Compensation: CAD 95,000 - CAD 145,000 - yearly.Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.Working with our clients across real es... Show more

 • Promoted

Director Advanced Analytics / AI - Model Risk Management

Manulife Financial CorporationToronto
Full-time

The Director of Data Science will lead Manulife's Model Risk Management team in validating AI and Machine Learning models, ensuring they meet the highest standards of accuracy and reliability.This ... Show more

 • Promoted

Senior Consultant Risk Management at Sia

SiaToronto, ON, CA
Full-time

Join Sia as a Senior Consultant specializing in Risk Management, focusing on compliance and operational frameworks.This full-time role champions innovative solutions for clients.In the Senior Consu... Show more

 • Promoted

Credit Risk Modelling Senior Associate

PwC South AfricaToronto, ON, CA
Full-time

Line of Service Assurance Industry/Sector Not Applicable Specialism Financial Risk Management Level Senior Associate Job Description & Summary A career in our Financial Services Risk & Regulatory G... Show more

 • Promoted

Director Advanced Analytics / Ai - Model Risk Management

Manulife Financial CorporationToronto, Canada
Full-time

The Opportunity The Director of Data Science will lead Manulife's Model Risk Management team in validating AI and Machine Learning models, ensuring they meet the highest standards of accuracy a... Show more

 • Promoted

Senior Catastrophe Modeling Lead

PartnerReToronto, ON, CA
Full-time

A global reinsurer in Toronto is seeking a Senior Cat Modeling Analyst to provide high-quality catastrophe risk modeling and analysis for Underwriting, Actuarial, and Risk Management departments.Ca... Show more

 • Promoted

Avp, Head Of Model Risk - $111,000 - $205,500 A Year

Canada LifeToronto, Canada
Full-time

Head of Model Risk needed to lead and implement a Model Risk Management framework, overseeing governance, and communicating with stakeholders. Show more

 • Promoted

Senior Consultant Risk Management At Sia

SiaToronto, Canada
Full-time

Join Sia as a Senior Consultant specializing in Risk Management, focusing on compliance and operational frameworks.This full-time role champions innovative solutions for clients.In the Senior Consu... Show more

 • Promoted

Senior Risk Analyst – Liquidity Risk (Risk Management Department) - toronto

Industrial and Commercial Bank of China (Canada)toronto, on, ca
Permanent

Prepare, review, and submit liquidity risk regulatory reports to OSFI and the Parent Bank, ensuring accuracy, completeness, and timeliness.Maintain and enhance reporting processes, controls, and do... Show more

 • Promoted

Director, Model Risk Management

VancityToronto, ON, CA
Full-time +1

We’re Vancity, a member-owned credit union built on the principles of inclusion and social justice.Since 1946, our relentless commitment to these values has helped us challenge the status quo and b... Show more

 • Promoted

P&C Risk Modeling Senior Manager, Actuarial & Advisory

PwC CanadaToronto, ON, CA
Full-time

A leading consulting firm in Toronto is seeking a Senior Manager for their Risk Modelling Services team.You'll lead actuarial consulting services, manage financial risk issues, and engage with stak... Show more

 • Promoted

Risk Management Analyst at SYSTRA Canada

SYSTRA CanadaToronto, ON, CA
Full-time

Become a crucial part of SYSTRA Canada as a Risk Management Analyst specializing in Rail & Transit projects in Ontario.You will oversee the integration of risk management services into project fram... Show more

 • Promoted

Senior Manager, Model Risk Governance - C$108,000 - C$163,200 Par An

TdToronto, Canada
Full-time

Le poste implique la gestion des risques liés aux modèles, la création et la maintenance de politiques et de procédures, et la collaboration avec les parties prenantes. Show more

 • Promoted

Risk Management

Turtle Island StaffingToronto, Ontario, Canada
Full-time

Conducting type classification analyses and coordination with stakeholders for munitions being considered for service, including small arms ammunition, hand emplaced munitions and explosives, and d... Show more

 • Promoted

AML EDD Risk Analyst

Global Technical Talent, an Inc. 5000 CompanyToronto, ON, CA
Full-time

Get AI-powered advice on this job and more exclusive features.Enhanced Due Diligence Analyst.AML Quality Assurance Specialist.Hybrid - 4 days onsite per week (effective November 2025).Monday-Friday... Show more

 • Promoted

Risk Management, Senior Analyst

EquinixToronto, ON, CA
Full-time

The Senior Analyst, Technology Risk supports the organization’s Technology Risk and Governance programs through hands‑on analysis, assessment, and reporting activities.This role works closely with ... Show more

 • Promoted

Avp, Actuary Risk Management - $180,000 - $238,000 A Year

ScorToronto, Canada
Full-time

The AVP Risk Manager will analyze capital, manage risk models, and ensure regulatory compliance in the P&C insurance sector.Hybrid work arrangement is offered. Show more

 • Promoted

AVP Third Party Risk Management

Peoples GroupToronto, ON, CA
Full-time

We are hiring for this position out of our Toronto, Calgary, and Vancouver offices.Successful candidates who apply outside of these areas will be expected to relocate and reside in a location that ... Show more

 • Promoted

Program Lead, Risk Management

CapcoToronto, Ontario, Canada
Full-time

Capco is seeking a Program Lead, Risk Management to support strategic Capital Markets risk and controls transformation initiatives.This role will focus on evolving and modernizing future‑state risk... Show more

 • Promoted

Model Validation Manager – Risk, ML & Regulatory Standards

Industrial and Commercial Bank of China (Canada)Toronto
Full-time +1

A prominent financial institution in Toronto is seeking a Full-Time permanent role in model validation.This position involves conducting independent validations of various risk models, ensuring com... Show more