BMO Financial Group Senior Data Science Analyst, Liquidity and Funding in Toronto, Ontario
100 King Street West
Job Family Group:
Data Analytics & Reporting
Corporate Treasury is responsible in finding the best ways for BMO to deploy its financial resources within regulatory guidelines and the bank's risk appetite. Treasury manages the allocation of financial resources, including liquidity, funding, and capital, ensuring financial resiliency and alignment with building a future-ready bank with leading profitability. Treasury teams are strategically focused, have a collaborative nature, and possess strong problem-solving skills.
Liquidity and Funding Management within Corporate Treasury is accountable for the measurement, analysis, and oversight of the Bank’s regulatory and internal liquidity and funding risks that arise from global business. The individual will partner with senior management to develop a solid understanding of business strategies and develop in-depth product, market and regulatory knowledge across retail and trading products. This knowledge will guide businesses and senior management on liquidity and funding risk mitigation, product development, and balance sheet optimization.
The candidate is part of a team that is accountable for the quantitative measurement and analysis of the bank’s liquidity and funding risks that arise from global business activities through the development of quantitative and stress testing models. This involves utilizing the latest modeling methodologies and applying those methodologies to build robust risk models to support Corporate Treasury’s liquidity risk framework and business decisions.
This role is primarily focused on the development and enhancement of a newly built liquidity risk measurement infrastructure. As part of this mandate, the candidate will focus on the implementation and maintenance of the models to:
systematically measure funding and liquidity risks across the Bank’s balance sheet, enhance key components of the existing frameworks, including liquidity risk assessment, measurement, limit methodology development, reporting, and support data-driven risk and business decision making initiatives.
Builds effective relationships with internal/external stakeholders.
Leads/participates in the design, implementation and management of new analytics & reporting solutions.
Designs, develops, and implements calculators and models for liquidity risk measures with 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., customers, products, transactions, financial instruments ).
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.
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.
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.
Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
Knowledge and experience in data preparation, data analysis, and financial modelling and statistical tool sets including but not limited to Spotfire, Tableau, SQL, SAS, R, Python, MATLAB, SPSS, Spark – In-depth .
Technical proficiency gained through education and/or business experience.
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.