Director of Model Risk and Validation
BMO Financial Group • toronto, on • Posted June 27, 2026
About the Role
Join BMO as the Director of Model Risk and Validation, focusing on equity derivatives. Drive model appropriateness and capabilities through diligent validation practices.
In this significant role, you will lead efforts across complex equity volatility regimes while designing validation strategies. You will validate models to mitigate associated risks, mentor junior quants, and collaborate with trading desks to improve risk metrics and trade ideation. The position demands a thorough understanding of regulatory compliance in a derivatives framework.
Key Responsibilities:
• Develop plans for effective model validation
• Analyze and validate models against standards and guidelines
• Collaborate with trading desks to support analytics
• Mentor junior team members for research initiatives
• Ensure models meet compliance and governance frameworks
Requirements:
• Advanced degree (PhD or Master's) in quantitative fields
• 15+ years of experience in equity derivativ...
In this significant role, you will lead efforts across complex equity volatility regimes while designing validation strategies. You will validate models to mitigate associated risks, mentor junior quants, and collaborate with trading desks to improve risk metrics and trade ideation. The position demands a thorough understanding of regulatory compliance in a derivatives framework.
Key Responsibilities:
• Develop plans for effective model validation
• Analyze and validate models against standards and guidelines
• Collaborate with trading desks to support analytics
• Mentor junior team members for research initiatives
• Ensure models meet compliance and governance frameworks
Requirements:
• Advanced degree (PhD or Master's) in quantitative fields
• 15+ years of experience in equity derivativ...