Senior Director AI Model Validation

Banque Nationale du Canada$150K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 6-10 years of experience in model risk, validation, or related fields with focus on AI/ML models.
  • Proven leadership experience in managing teams within model validation or quantitative risk.
  • Strong background in statistics, machine learning, and validation methodologies, including performance evaluation.
  • Proficiency in analytics and coding environments like Python, R, and SQL for model review.
  • Deep understanding of model risk management frameworks including documentation and monitoring standards.

Responsibilities

  • Define the strategy and validation plan for enterprise AI and machine learning models.
  • Lead and develop a team of model validators with a focus on quality and skill enhancement.
  • Validate AI and ML models independently, assessing their soundness and data suitability.
  • Design and execute complex validation tests, including sensitivity and performance monitoring.
  • Evaluate risks of modern AI techniques, addressing concerns such as stability and bias.
  • Manage issues and remediation effectively, ensuring proper follow-through and verification.
  • Develop AI validation tools to enhance the Model Validation Group's capabilities.

Benefits

  • Comprehensive health and wellness program with various options.
  • Flexible group insurance.
  • Generous pension plan to support employee savings.
  • Employee Share Ownership Plan to promote investment in the company.
  • Employee and family assistance programs for wellbeing support.
  • Preferential banking services for employees.
  • Opportunities to engage in community initiatives.
  • Access to telemedicine and virtual wellness services including a sleep clinic.
Full Job Description
A career as a senior director AI ML Models Validation in the Model Risk Management team at National Bank means acting as a leader of independent AI and machine learning model validation. This role allows you to have a concrete impact on the organization by strengthening the reliability, governance, and sustainability of models that influence and often drive business decisions, customer outcomes, and risk management through your expertise in advanced analytics, model risk, and strategic leadership.

Your role
  • Define and oversee the enterprise strategy, operating model, and validation plan for AI and machine learning models based on risk, materiality, and model inventory coverage
  • Lead, develop, and coach a team of model validators by setting clear expectations, supporting skills development, and ensuring consistent quality standards
  • Provide independent validation and effective challenge of AI and machine learning models before and after production use, including conceptual soundness, assumptions, data suitability, and fitness for purpose
  • Oversee the design and execution of validation testing, including benchmarking, replication, sensitivity and robustness analyses, performance monitoring, and outcome testing
  • Assess model risks related to modern AI and machine learning techniques, including stability, drift, generalization, operational resilience, explainability, and bias where applicable
  • Drive issue management and remediation by defining severity, agreeing on corrective actions, monitoring progress to closure, and confirming effectiveness through independent re-testing
  • Spearhead and champion the development of AI validation tools across the Model Validation Group.
Your team

Within the Model Risk Management department, you are part of a multidisciplinary team and report to the managing director responsible for the function. Your team stands out for its rigorous approach, its independence of thought, and its ability to influence stakeholders across data science, technology, risk, and business teams. A hybrid work environment and a flexible, adaptable schedule are offered to support your quality of life.
The Bank values continuous development and internal mobility. Our personalized training programs, based on learning through action, allow you to master your role and develop new areas of expertise. Tools such as the Data Academy, language training, the Harvard Learning Center, and coaching and mentoring support are available to you at all times.

Prerequisites
  • Hold at least a bachelor's degree and at least six to ten years of experience in model risk, model validation, or related fields, including significant experience with AI/ML models.
  • Demonstrated experience leading and managing teams within model validation, quantitative risk, data science governance, or an independent challenge function
  • Strong expertise in statistics, machine learning, and validation methodologies, including testing design, performance evaluation, and lifecycle controls
  • Proficiency with analytics and data environments, including Python or R and SQL, with the ability to review code, pipelines, and model outputs
  • In-depth knowledge of model risk management frameworks, including documentation standards, change management, auditability, issue tracking, and ongoing monitoring


Languages:

English, French

Reason to require this language: you will need to discuss frequently with our service providers or partners who speak a language other than French.

Skills

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Critical Thinking Diversity & Inclusion Emotional Intelligence Innovation Management Risk Management Teamwork Data-Driven Decision-Making Decision Making Learning Agility Mobilization Resiliency Strategic Vision Strategy Execution Team Alignment Managerial Courage

Your benefits

In addition to competitive compensation, upon hiring you'll be eligible for a wide range of flexible benefits to help promote your wellbeing and that of your family such as:

* Health and wellness program, including many options

* Flexible group insurance

* Generous pension plan

* Employee Share Ownership Plan

* Employee and family assistance program

* Preferential banking services

* Involvement in community initiatives

* Telemedicine service

* Virtual sleep clinic

We have an offer that keeps up with trends as well as your needs and those of your family.

Our dynamic work environments and cutting-edge collaboration tools foster a positive employee experience. We value employees' ideas. Whether through our surveys or programs, regular feedback and ongoing communication are encouraged.

About Banque Nationale du Canada

Banque Nationale du Canada Careers

Joining Banque Nationale du Canada presents a prime opportunity to be part of a team that values innovation, leadership, and diversity. As one of the leading financial institutions, the bank offers a variety of job opportunities that cater to a range of skills and professional aspirations.

Explore Career Opportunities

Banque Nationale du Canada is actively hiring and continually seeks passionate, creative, and solution-driven team players. Explore open positions that match individual skills and interests in the dynamic world of finance. From entry-level roles to executive positions, each career path at Banque Nationale du Canada is designed to foster growth and leadership.

Internship Programs

Kickstart a career in banking with Banque Nationale du Canada’s internship programs. These opportunities allow interns to work on real projects, gaining hands-on experience and valuable insights into the financial sector. Internships are a stepping stone to full-time employment and offer a robust platform for networking and professional development.

Employee Benefits and Culture

Banque Nationale du Canada is committed to supporting its employees through comprehensive benefits, diversity training, and a culture that promotes work-life balance. The company’s benefits package includes health, dental, and vision insurance, alongside retirement plans and paid time off. The inclusive culture at Banque Nationale du Canada ensures that all team members feel valued and respected.

Professional Growth and Development

The bank champions professional growth and offers numerous resources for career advancement, including workshops, seminars, and continued education programs. Employees at Banque Nationale du Canada are encouraged to harness their potential and advance their careers within the company.

Innovation and Industry Leadership

At the intersection of technology and financial services, Banque Nationale du Canada leads with innovative solutions that redefine banking. Employees are part of a forward-thinking team that leverages technology to enhance customer experiences and drive industry leadership.

Join the Team

Search for job opportunities that align with personal career goals at Banque Nationale du Canada. The company is looking for individuals who are curious, driven, and eager to make an impact in the financial industry.

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