About the role
CCR Model Validation Consultant Rate: $70.00 - $80.00/hr (inc.) Duration: 2 years (starting ASAP) Location: Toronto, ON (Hybrid - 3 days/week) Overview Our client is seeking a CCR Model Validation Consultant to support a Counterparty Credit Risk (CCR) Replacement Project within an Enterprise Risk team. This role is responsible for independently validating quantitative risk models, assessing model risk, and ensuring models meet regulatory and governance requirements. You will work closely with business and technical stakeholders to evaluate model performance, assumptions, limitations, and controls while providing recommendations to strengthen model integrity and compliance. Key Responsibilities Validate Counterparty Credit Risk (CCR) models and assess model risk. Review model assumptions, methodologies, data, documentation, and performance. Identify model limitations, recommend improvements, and document validation findings. Support regulatory audits, governance activities, and model risk reporting. Collaborate with stakeholders to ensure alignment on validation outcomes and remediation plans. Contribute to model validation strategies, frameworks, and continuous process improvements. Required Skills & Experience Master's or Ph.D. in Mathematics, Statistics, Financial Engineering, or another quantitative discipline. 3-5 years of quantitative modeling or model validation experience within the financial services industry. Hands-on experience with Market Risk and/or Counterparty Credit Risk (CCR) models. Strong understanding of model calibration, valuation techniques, and risk factor/pricing models. Knowledge of financial industry regulatory requirements. Strong programming skills. Excellent analytical, problem-solving, communication, and stakeholder management skills. Nice to Have Python and/or C# development experience. Experience with Adaptiv. Previous financial institution experience.
About Infotek Consulting Inc.
The Infotek Group of Companies is an employee-based, information technology focused professional services provider with established offices in Canada and the United States.
The Infotek Group of Companies provides clients with services ranging from resource augmentation to solution delivery.
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About the role
CCR Model Validation Consultant Rate: $70.00 - $80.00/hr (inc.) Duration: 2 years (starting ASAP) Location: Toronto, ON (Hybrid - 3 days/week) Overview Our client is seeking a CCR Model Validation Consultant to support a Counterparty Credit Risk (CCR) Replacement Project within an Enterprise Risk team. This role is responsible for independently validating quantitative risk models, assessing model risk, and ensuring models meet regulatory and governance requirements. You will work closely with business and technical stakeholders to evaluate model performance, assumptions, limitations, and controls while providing recommendations to strengthen model integrity and compliance. Key Responsibilities Validate Counterparty Credit Risk (CCR) models and assess model risk. Review model assumptions, methodologies, data, documentation, and performance. Identify model limitations, recommend improvements, and document validation findings. Support regulatory audits, governance activities, and model risk reporting. Collaborate with stakeholders to ensure alignment on validation outcomes and remediation plans. Contribute to model validation strategies, frameworks, and continuous process improvements. Required Skills & Experience Master's or Ph.D. in Mathematics, Statistics, Financial Engineering, or another quantitative discipline. 3-5 years of quantitative modeling or model validation experience within the financial services industry. Hands-on experience with Market Risk and/or Counterparty Credit Risk (CCR) models. Strong understanding of model calibration, valuation techniques, and risk factor/pricing models. Knowledge of financial industry regulatory requirements. Strong programming skills. Excellent analytical, problem-solving, communication, and stakeholder management skills. Nice to Have Python and/or C# development experience. Experience with Adaptiv. Previous financial institution experience.
About Infotek Consulting Inc.
The Infotek Group of Companies is an employee-based, information technology focused professional services provider with established offices in Canada and the United States.
The Infotek Group of Companies provides clients with services ranging from resource augmentation to solution delivery.