Senior Analyst, Market Risk

at  BMO Financial Group

250 Yonge Street Toronto Ontario,M5B 2L7

Supports the execution of accurate and efficient reporting solutions for risk, regulatory and management information to internal and external stakeholders including regulatory bodies. Supports an efficient and effective risk management function which uses common information sources and practices, reduces ongoing costs, increases service level performance and minimizes risk.

• Designs, develops, and implements reporting solutions to meet management and regulatory reporting requirements.
• Gathers and formats data into regular and ad-hoc reports, and dashboards.
• Provides advice and guidance to assigned business/group on implementation of analytical and reporting solutions.
• Executes work to deliver timely, accurate, and efficient service for scheduled reporting production processes.
• Supports the maintenance, monitoring, and measurement of key risk indicators to internal & external stakeholders.
• Supports the interpretation of internal and external policies and regulatory requirements relevant to the analytics and reporting mandate e.g. regulatory reporting.
• Works with various data owners to discover and select available data sources to fulfill analytical needs.
• Ensures strong governance and effective controls across risk reporting activities and information in accordance with enterprise standards.
• Analyzes data and highlights significant information including variances, trends, opportunities and exposures; escalates as required.
• Provides information and supports the process for internal and external audits.
• Supports development and execution of strategic initiatives in collaboration with internal and external stakeholders.
• Builds effective relationships with internal/external stakeholders.
• Supports the maintenance of operational procedures and processes related to analytical and reporting processes.
• Supports the development of tools and delivery of training focused on awareness and understanding of key data elements used in risk reporting.
• Participates in the design, implementation and management of core business processes to ensure the accuracy of risk data used in reporting.
• Organizes work information to ensure accuracy and completeness.
• Works independently on a range of complex tasks, which may include unique situations.
• Broader work or accountabilities may be assigned as needed.QUALIFICATIONS:
• Typically between 1 - 3 years of relevant experience and post-secondary degree in Computer Science, Statistics, Mathematics, Finance, Engineering, or an equivalent combination of education and experience.
• Knowledge and experience in data preparation, data analysis, statistics and business intelligence tool sets including but not limited to Python, Power BI, and SQL.
• Knowledge of Market Risk and Counterparty Credit Risk management metrics (eg. VaR, Stress Testing, Greeks, PFE, MTM)
• Knowledge of industry trends and regulatory requirements for risk reporting.
• Product knowledge for the designated business/portfolio.
• Knowledge of risk management and trading room operations, particularly market risk.
• Strong knowledge to write and troubleshoot Excel macros, VBA codes and other automation tools.
• CFA/FRM designation preferred, but not required.
• Verbal & written communication skills - In-depth.
• Collaboration & team skills - In-depth.
• Analytical and problem solving skills - In-depth.
• Influence skills - In-depth.
• Data driven decision making - In-depth.

Please refer the Job description for details