Model Risk Manager Jobs in Calgary, AB (NOW HIRING)

July 31, 2026OpportunityAre you passionate about quantitative analysis, financial models, and risk management? Do you enjoy challenging assumptions, identifying risks, and helping organizations strengthen governance and decision-making? If so, this could be your next opportunity.
AIMCo is seeking a Manager, Model Risk Governance to join our Risk Management team. Reporting to the Senior Director, Risk Modelling, you will provide independent oversight of model risk across the organization and help advance AIMCo's model risk management framework. Working alongside a team of quantitative specialists, statisticians, and risk professionals, you'll collaborate with model owners, developers, validators, and business leaders to ensure models are appropriately governed throughout their lifecycle.
This is an 8-month fixed-term opportunity. Candidates located in Edmonton or Calgary will be considered.

What You Will Do

• Provide independent oversight and effective challenge of model risk management practices.

• Identify, assess, document, and communicate model risks, findings, and recommendations.

• Guide stakeholders on model governance, documentation, assumptions, limitations, controls, and change management.

• Support model validation planning, monitoring, and remediation activities.

• Maintain model inventories, risk assessments, model ratings, and validation tracking processes.

• Monitor compliance with model risk policies, standards, and governance requirements.

• Prepare and present model risk assessments, metrics, and findings to stakeholders, senior management, and auditors.

• Support enhancements to AIMCo's model risk framework, policies, standards, and methodologies.

• Contribute to broader enterprise and operational risk initiatives.

What We're Looking For

We are looking for a quantitative risk professional who combines strong analytical capabilities with the ability to influence stakeholders and strengthen governance practices across a complex investment organization.

• Bachelor's degree in Finance, Business Administration, Financial Engineering, Financial Mathematics, Mathematics, Statistics, or a related quantitative discipline.

• 5+ years of experience in financial services.

• Experience in model risk management, model validation, model governance, or risk assessment within a financial institution or consulting environment.

• Strong analytical and quantitative skills with the ability to understand and challenge complex models.

• Excellent written and verbal communication skills.

• Proficiency with Microsoft Office, SharePoint, and Power BI.

• Exceptional attention to detail and the ability to manage multiple priorities and deadlines.

• Experience within banking, asset management, pension funds, investment management, audit, consulting, or other financial services organizations is highly valued.

• Experience with Python is highly desirable; R and SQL experience are also considered assets.

• Experience with model development, model validation, or platforms such as Aladdin is considered an asset.

• Completion of, or progress toward, a professional designation such as CFA, PRM, ORM, CRMP, or equivalent is considered an asset.

• Demonstrates a strong commitment to AIMCo's core values of excellence, transparency, humility, integrity, and collaboration.

What Success Looks Like

• Build a strong understanding of AIMCo's model landscape and governance framework.

• Become a trusted advisor on model risk governance matters.

• Contribute to enhancements in model inventory, risk assessment methodologies, policies, and standards.

• Deliver insights and recommendations that strengthen model risk management across the organization.

• Support the successful execution of key model risk governance initiatives throughout the term of the assignment.

***Job Posting will expire at 11:59 pm MST on July 30th , 2026**

About AIMCo

AIMCo is one of Canada's largest and most diversified investment managers, with over $200 billion of assets under management for Alberta's public sector pension plans, endowment funds, and government accounts.

We are guided by the core values of excellence, transparency, humility, integrity and collaboration. AIMCo is mindful and responsive to actively evaluating, assessing and optimizing risk to achieve superior performance for Albertans.

We believe that every employee is empowered and accountable for managing risk.

Next Steps

We are excited to meet you. Please submit your resume or CV to be considered for this opportunity. Applications are being reviewed on a rolling basis and we will be in touch with any questions.

Final candidates will be asked to undergo a security screening, which includes a credit bureau and a criminal record investigation, the results of which must be acceptable to AIMCo.

ALERT - Be on the lookout for AIMCo career opportunities advertised through third parties that request an application fee or excessive personal information. To verify, all opportunities are posted on aimco.ca/jobs.

At AIMCo, we draw upon the differences in who we are, where we come from and the way we think to deliver results for the Albertans who rely on us. We offer an inclusive, modern workplace where well-being is prioritized, and colleagues are enabled to do their best work. Our team members are motivated by our purpose and committed to creating long-term value for our clients and their beneficiaries.

Next Steps

We are excited to meet you. Please submit your resume or CV to be considered for this opportunity. Applications are being reviewed on a rolling basis and we will be in touch with any questions.

Final candidates will be asked to undergo a security screening, which includes a credit bureau and a criminal record investigation, the results of which must be acceptable to AIMCo.

ALERT - Be on the lookout for AIMCo career opportunities advertised through third parties that request an application fee or too much information. To verify, all opportunities are posted on aimco.ca/jobs

At AIMCo, we draw upon the differences in who we are, where we come from and the way we think to deliver results for the Albertans who rely on us. We offer an inclusive, modern workplace where well-being is prioritized, and colleagues are enabled to do their best work. Our team members are motivated by our purpose and committed to creating long-term value for our clients and their beneficiaries.