BMO Financial Group Senior Analyst, Market Risk Analytics in Toronto, Ontario
250 Yonge Street
Job Family Group:
Data Analytics & Reporting
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.
This role will be engaged in maintaining risk models on a regular basis in order to provide up-to-date and accurate reports on risk measures.
Consults on analytical solutions to understand, analyze, and synthesize requirements, goals and objectives relative to data and business intelligence needs and to enable high-quality, fact-based business decisions to drive better business outcomes.
Provides advice on the configuration, functionality, applicability, and usability of data management, data analytics, and data visualization technology solutions.
Supports the development of the strategy and roadmap for data quality and data analytics, data modeling, reporting, business intelligence, and the design and development of sophisticated decision support tools.
Builds effective relationships with internal / external stakeholders.
Leads / participates in the design, implementation and management of new analytics & reporting solutions.
Designs, develops, and implements innovative analytical solutions.
Designs and produces regular and ad-hoc reports, and dashboards.
Breaks down strategic problems, and analyses data and information to provide subject matter insights and recommendations.
Structures and assembles data into multi-dimensions with various granularities (e.g., demographics, customers, products, transactions).
Monitors and tracks tool performance, user acceptance testing, and addresses any issues.
Integrates information from multiple sources to enable more efficient processes, enhanced analysis and / or streamlined reporting.
Builds reports and visualizations to effectively communicate data driven insights to users for a variety of audiences e.g., visualization solutions of data into reports, graphics, dashboards to illustrate facts, trends, and insights.
Develops solutions and makes recommendations based on an understanding of the business strategy and stakeholder needs.
Supports development and execution of strategic analytics & reporting initiatives in collaboration with internal and external stakeholders.
Analyzes data and information to provide subject-matter insights and recommendations.
Develops tools and delivers training programs for use of reporting tools and self-serve analytics by non-analytical end users; may include delivery of training to audiences.
Documents and maintain operational procedures and processes relating to analytical and reporting processes.
Collaborates with internal and external stakeholders in order to deliver on business objectives. Focus is primarily on business / group within BMO; may have broader, enterprise-wide focus.
Exercises judgment to identify, diagnose, and solve problems within given rules.
Works independently on a range of complex tasks, which may include unique situations.
Broader work or accountabilities may be assigned as needed.
Knowledge of risk management metrics, KPIs and KRIs.
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.
Knowledge and experience in data preparation, data analysis, statistics and business intelligence tool sets including but not limited to Python, Power BI, SQL, and SAS.
Strong knowledge to write and troubleshoot Excel macros, VBA codes and other automation tools.
1 to 3 years of related work experience, preferably in a financial institution.
Degree in Computer Science, Statistics, Mathematics, Finance or equivalent general business experience.
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.
We’re here to help
At BMO 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 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://jobs.bmo.com/ca/en.
BMO 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. 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 Group Serving 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.