BMO Financial Group Manager, Reporting and Segmentation, North American Collections and Risk Analytics in Chicago, Illinois
111 W Monroe - 115 S LaSalle
Job Family Group:
Data Analytics & Reporting
The Reporting and Segmentation Manager, North American Collections Analytics for data and analytics will assist with:
Sourcing and management of data sets to support strategy and segmentation function.
Segmentation, ad hoc analytics, and test design to support decisioning within collections and recovery.
Monthly performance reporting incorporating performance reads of different strategy changes and new initiatives
This role requires strong data and analytical capabilities to develop new analytics insight supporting a 500+ FTE operations center. The analyst will assist in the development of new collection and recovery strategies such as call center and digital campaigns for high risk customers, next best offer prioritization for collections offers and deals, outsourcing and legal campaigns on defaulting accounts, and debt sale break-even analysis using decision trees, logistic scorecards, and NPV modelling. They will also support through interpretation of monthly performance results across collections portfolios including shifts in customer risk profile as well as strategy performance.
New strategy development including data-driven analytics, test design, and rollout plan
Assist in development of segmentation and advanced analytics to drive different treatments and strategies
Drive profitability assessment of Collection and recovery strategies through risk / return analysis using financial modelling.
Work with internal and external operations teams to define specific treatments to be allocated by strategy
Review strategy changes from conceptual design to analytical sizing to test design to stakeholder buy-in to implementation to interpretation of results
Business Performance Management
Management of existing strategies including monitoring / measurement and communication to key stakeholders
Manage continuously measure of tests’ impact through implementation of dedicated reporting and ad hoc analysis. As required, amend / refine strategies through a defined change management process.
Monitor operations execution to ensure that strategies are executed as designed. Assist operations in the execution of strategy through standardized and ad hoc analysis including capacity planning, AHT analysis, etc.
Monitor profile and portfolio changes across countries, products, and delinquency levels
Manage monthly performance views across portfolios including operational execution, strategy performance, and changes to risk profile
KNOWLEDGE AND SKILLS
Bachelor’s Degree in Mathematics, Statistics, Economics, Finance, or other quantitative fields. Master’s Degree preferred
1-3 years of experience in analytics (ideally scorecard development / monitoring, Credit Risk, Marketing Analytics or Collection Strategy)
Knowledge of consumer credit products
Knowledge of applicable regulatory and Bank policies and procedures related to consumer lending
Experience in model validation or model governance best practices or industry standard
Strong data mining skills in SAS Enterprise Guide and Enterprise Miner, or in other programming software such as R and Python
Ability to access complex data sources, manipulate data and execute code/queries to provide high quality analysis
Critical thinking skills
Creativity and innovative leadership skills
Analytical and problem-solving skills, with ability to identify and leverage untapped potential for use in process improvements
Business process analysis skills
Leadership, relationship management, consulting, networking and influencing skills
Presentation and communication skills
Strong ability to translate abstract/ theory into concrete communications
We’re here to helpAt BMO Harris Bank we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.As a member of the BMO Harris Bank team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one – for yourself and our customers. We’ll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we’ll help you gain valuable experience, and broaden your skillset.To find out more visit us at https://bmoharriscareers.com.
BMO Harris Bank is committed to an inclusive, equitable and accessible workplace. By learning from each other’s differences, we gain strength through our people and our perspectives. BMO Harris Bank N.A. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.
BMO Financial GroupServing customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $728 billion as of October 31, 2018, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.We serve Canadian clients through BMO Bank of Montreal®, our personal and commercial banking business, BMO Nesbitt Burns®*, one of Canada's leading wealth management firms, and BMO Capital Markets™, our North American investment and corporate banking division.In the United States, clients are served through BMO Harris Bank, a major U.S. Midwest personal and commercial bank, and BMO Private Bank, with wealth management offices across the United States, as well as BMO Capital Markets™, our North American investment and corporate banking division.We help our customers make money make sense by delivering the broadest range of financial services through a single point of contact. Our financial service professionals provide access to any services our customers require across the entire enterprise.