Senior Manager, Model Validation (Questbank)

Senior Manager, Model Validation

Responsible for leading the validation of AI/ML and credit risk models within the Risk Management department, ensuring compliance with regulatory requirements and sound model design.

Responsibilities

• Lead and execute independent validation of complex AI/ML and credit risk models, ensuring they are conceptually sound, fair, unbiased, statistically robust, and compliant with regulatory requirements (e.g., OSFI E-23).
• Define the scope of model validation projects, develop validation plans, and manage projects to completion within established timelines and budgets.
• Apply advanced statistical and machine learning techniques to assess model performance, identify potential weaknesses, and propose remediation strategies.
• Enforce scientific rigor and ethical practices across all AI/ML initiatives.
• Evaluate model risk, including conceptual soundness, data quality, implementation, and performa...