Director, US Model Validation (Model Risk Management)

Location: Chicago, IL; hybrid arrangement with 4+ days per week on-site and remaining days remote

Salary: $220,000–$250,000 USD annually, based on experience, qualifications, and location

Company

hirify.global is a relationship-oriented bank providing financial services and model risk oversight for its US business.

What you will do

• Provide independent second-line oversight of US model validation activities against CIBC policy, US requirements, and regulatory expectations.
• Review and challenge validation reports, including scope, methodology, assumptions, testing, findings, and conclusions.
• Lead US Model Performance Management, including monitoring, threshold breaches, issue escalation, remediation tracking, and governance reporting.
• Identify emerging risks, weaknesses, policy exceptions, and regulatory issues, escalating material concerns to stakeholders and governance forums.
• Manage, coach, and develop the Model Performance Management team while ensuring consistent, high-quality execution.
• Support governance, audit, attestation, and regulatory review activities.

Requirements

• 10+ years of experience in model validation, model risk management, model performance monitoring, quantitative analytics, or a related oversight function within a large US bank.
• Experience investigating complex quantitative issues and assessing validation methodologies, monitoring approaches, performance metrics, and conclusions for model purpose, complexity, and regulatory use.
• Experience presenting technical conclusions, challenge positions, and risk themes to senior stakeholders and governance committees.
• Experience developing and implementing strategic team goals, coaching employees, and driving successful team performance.
• Demonstrated experience with quantitative modeling techniques, model validation practices, model performance monitoring, model risk management principles, and US regulatory requirements.
• Degree or diploma in Mathematics, Statistics, Econometrics, Finance, Engineering, Physics, Computer Science, or another quantitative discipline.
• Must be legally eligible to work at the specified US location and hold a valid work or study permit where applicable.

Nice to have

• 12+ years of experience with advanced exposure across multiple model types and risk categories.
• Hands-on proficiency with Python, R, SAS, SQL, MATLAB, or similar analytical platforms.
• Master's degree or PhD in a quantitative discipline.

Culture & Benefits

• Hybrid work arrangement with 4+ days per week on-site and other days remote.
• Regular employment with 40 weekly hours.
• Medical, dental, vision, health savings account, life and disability insurance, paid sick, parental, and vacation leave, holidays, and 401(k).
• Competitive salary, incentive pay, banking benefits, wellbeing support, and recognition programs.
• Inclusive and accessible work environment with opportunities for growth and development.

Hiring process

• The process may include an attribute-based assessment and skills tests such as simulation, coding, or MS Office testing.
• Accommodation is available upon request during the candidate experience.