ZipRecruiter

Log In

1

Vice President Model Risk Management Jobs in Vancouver, BC

HUB

Vice President of Complex Risk

Vancouver, BC

CA$140K - CA$195K/yr

If you're a strategic thinker with a passion for risk management, we'd love to hear from you. As a VP in this role, you'll leverage your experience and expertise to support the building of our ...

New

Canfor

VP, Legal

Vancouver, BC

CA$260K - CA$320K/yr

The VP, Legal will play a critical role partnering with executive leadership and the Board, while ... risk management and deal execution. Key Accountabilities Enterprise Legal Leadership * Provide ...

Canfor

VP, Legal

Vancouver, BC · On-site

CA$260K - CA$320K/yr

The VP, Legal will play a critical role partnering with executive leadership and the Board, while ... risk management and deal execution. Key Accountabilities Enterprise Legal Leadership * Provide ...

Highbridge Human Capital

VP Operations

Burnaby, BC · On-site

CRAFT Living's operating model connects North American sales, distribution, and customer ... Establish operating rhythms, management processes, and accountability mechanisms that improve ...

Pacific Energy Canada

VP, Finance

Vancouver, BC · On-site

Position Reporting to the WLNG CEO , the VP, Finance provides strategic financial leadership and ... Ensure alignment with RGE Group policies, embed robust financial risk management practices Team ...

Vancity

Vice President, Strategy

Vancouver, BC · Hybrid

This position is being managed by Caldwell. To be considered, candidates must apply directly via ... Partnering with Finance, Legal, Risk, Impact, and Business Lines to ensure transactions are ...

next page

Showing results 1-20

All JobsVice President Model Risk Management JobsVice President Model Risk Management Jobs in Vancouver, BC

Vice President Model Risk Management information

What is the difference between Vice President Model Risk Management vs Model Validation Analyst?

AspectVice President Model Risk ManagementModel Validation Analyst
CredentialsAdvanced degrees (e.g., MBA, PhD), certifications like FRM or CFABachelor's or Master's in finance, statistics, or related fields; certifications like FRM or CFA often preferred
Work EnvironmentStrategic leadership, cross-department collaboration, executive-level reportingAnalytical, detail-oriented work focused on model testing and validation
Employer & Industry UsageFinancial institutions, banks, asset managers, regulatory bodiesFinancial firms, risk management teams, model development groups

The Vice President Model Risk Management oversees the entire model risk framework, focusing on strategy, governance, and high-level risk assessment. In contrast, the Model Validation Analyst conducts detailed testing and validation of models to ensure accuracy and compliance. While both roles require strong quantitative skills and relevant certifications, the VP role is more strategic and managerial, whereas the analyst role is more technical and operational.

What are popular job titles related to Vice President Model Risk Management jobs in Vancouver, BC? For Vice President Model Risk Management jobs in Vancouver, BC, the most frequently searched job titles are:
What job categories do people searching Vice President Model Risk Management jobs in Vancouver, BC look for? The top searched job categories for Vice President Model Risk Management jobs in Vancouver, BC are:
Vice President Model Risk Management jobs near you
Infographic showing various Vice President Model Risk Management job openings in Vancouver, BC as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution.

Senior Model Risk & Validation Consultant

Wawanesa Insurance

Vancouver, BC • Hybrid

CA$120K - CA$145K/yr

Full-time, Part-time

Retirement, PTO

Posted 16 days ago

Job description

Job ID: 10224 


Employment Type: New Role

Work Environment: We offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from any of the following locations: Winnipeg, MB; Wawanesa, MB; Vancouver, BC; Calgary, AB; Edmonton, AB; Lethbridge, AB; Toronto (North York), ON; Kitchener, ON; Ottawa, ON; Montreal, QC; Quebec City, QC, Moncton, NB; Dartmouth; NS. 

Working Business Language: English. This role is considered a head-office role and will be required to communicate with internal stakeholders across Canada where the primary business language utilized is English. 
 

Salary: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan. 
 

The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range: $120,000 - $145,000. Candidates with salary expectations outside of the range are still encouraged to apply.

About The Wawanesa Mutual Insurance Company
Founded in 1896, The Wawanesa Mutual Insurance Company is one of Canada's largest mutual insurers, 100% owned by its members, with more than $4.1 billion in annual revenue and $12.5 billion in assets. Headquartered in Winnipeg, Wawanesa is the parent company of Wawanesa Life, which provides life insurance solutions throughout Canada, and Western Financial Group, a leading national distributor of personal and business insurance. In March of 2026, Wawanesa entered into an agreement to acquire Everest Insurance Company of Canada to strengthen its commercial insurance capabilities and advance its long-term growth strategy.


Wawanesa proudly serves more than 1.8 million members and we are home to more than 3,000 employees across Canada. The company actively gives back to organizations that strengthen communities, donating more than $4 million annually to charitable organizations, including more than $2 million each year in support of people on the front lines of climate change. Learn more at wawanesa.com.

We are currently looking for dedicated, driven, and enthusiastic individuals who thrive in an environment that welcomes change and are looking for an opportunity for diverse experience and advancement on a growing team.

Job Overview

Reporting into the Enterprise Risk Management function, the Senior Model Risk & Validation Consultant plays a key role in independent review, validation, and challenge of models across the enterprise, including traditional statistical models, actuarial models, machine learning and AI systems.
This role supports the organization's compliance with OSFI Guideline E 23 and evolving regulatory expectations for AI governance, fairness, transparency, and explainability, while promoting strong model risk governance and risk aware decision making across the enterprise. 
The successful candidate will bring strong data science and quantitative modeling expertise, combined with experience in model validation, independent review, or second line oversight, and will work with a high degree of autonomy to challenge model assumptions, methodologies, and controls.

Job Responsibilities

Independent Model Validation & Challenge

  • Conduct independent validation and effective challenge of enterprise wide models across the full model lifecycle, in line with OSFI Guideline E 23.
  • Review model conceptual soundness, data inputs, assumptions, methodology, performance, stability, limitations, and intended use.
  • Assess model risk severity and the adequacy of controls, overlays, monitoring, and governance arrangements.
  • Provide independent validation and risk challenge of AI and ML models, including data quality, bias, explainability and performance monitoring
  • Evaluate model reproducibility, explainability, documentation quality, and transparency.

Model Risk Governance

  • Contribute to the ongoing enhancement of the Model Risk Management Framework, including model inventory management, risk classification, validation standards and documentation requirements.
  • Support Model Risk Adjudication Committee (MRAC) activities by: 
    • Managing and updating enterprise model inventory.
    • Preparing independent validation summaries and risk assessments.
    • Tracking findings, remediation actions, and residual risk acceptance decisions.
    • Provide input into updates to model risk policies, procedures, and guidance, aligned with OSFI and AMF expectations.
    • Promote strong model development and monitoring practices across the organization through guidance, challenge, and education. 
  • Perform other duties as assigned.
Qualifications
  • Bachelor's degree in data science, actuarial science, computer sciences, mathematics, statistics or other related discipline.
  • More than six years of model development or validation experience an asset.
  • Strong programming skills with Python and SQL.
  • Experience validating or reviewing statistical, predictive, machine learning models and AI systems. 
  • Ability to clearly explain complex technical concepts to non technical stakeholders.

#LI-AF1 #LI-Hybrid


Diversity Equity, Inclusion& Belonging
At Wawanesa, we are committed to Diversity, Equity, Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people - this is supported by having a representative workforce.

We welcome applications from all qualified candidates, including racialized persons, women, Indigenous Peoples, persons with disabilities, members of the 2SLGBTQIA+ community, gender-diverse and neurodiverse individuals, and anyone who can contribute to the further diversification of thought and ideas. 
 

We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process, please reach out in confidence to jobs@wawanesa.com.
 

All Wawanesa job applicants are subject to Wawanesa's Privacy Policy.

Please note that the recruitment process for this position may involve the use of AI tools to screen, assess, or select applicants. All final decisions are taken or reviewed by human recruiters and human hiring leaders in compliance with all applicable legislation.  
 

Apply